Mortgage for young professionals teachers. Mortgages for young teachers

Teaching is one of the most sought-after professions in the country. There is not a single locality where teachers are not required. However, this is also not the highest paid profession, since the vast majority of teachers are public sector employees, because only a small part of teachers are employed in private educational institutions with high salaries. Meanwhile, this category of budgetary workers needs improvement of living conditions no less than others. Low salaries do not allow you to apply for a mortgage loan on normal terms with a high interest rate. Therefore, especially for teachers, a number of banks have special programs with preferential terms: mortgage for teachers 2017.

Preferential mortgage for teachers 2017

What kind of preferential mortgage lending program teachers in a particular region will be able to use is determined by local legislation. Common to such programs is:

• Low interest rate - below 10% per annum;
• Subsidizing at the expense of the regional budget the down payment on the mortgage;
• Long term loan repayment - up to 30 years.

Subsidizing regional programs is carried out in accordance with Government Decree No. 1177 of December 29, 2011 “On the procedure for providing and distributing subsidies for reimbursement of costs in connection with the provision of mortgage loans to teachers of educational institutions”.

The main requirements for teacher candidates are the same in all regions:

• Profession, according to the diploma of secondary vocational or higher education, is a teacher;
• Age - not older than 35 years;
• The need for better living conditions.

Currently, the following three forms of assistance to young teachers in improving their living conditions are used in the regions:

• Loan from the regional budget to pay up to 40% of the value of the purchased property;
• Realization of housing for teachers from the municipal fund at an affordable price;
• A loan to pay the interest rate on a mortgage loan.

To find out what kind of programs for teachers are provided in your particular region, you should contact the city administration or the district, where they will inform you about the conditions under which concessional loans are provided.

If the teacher is interested in the program, he will need to collect the list of documents indicated by the administration and fill out an appropriate application. As soon as the application is reviewed and approved, the teacher will be issued a certificate with which they can come to an accredited bank and apply for a mortgage loan.

Mortgage for teachers Sberbank 2017

The most popular in all regions without exception is the preferential mortgage for teachers 2017 in Sberbank. The conditions of the largest bank in the country are the most loyal and understandable to participants in state programs, so the credit of trust in Sberbank among customers is very high.

The final terms of a teacher mortgage loan are determined at the local bank branch on an individual basis, but in general they are as follows:

• The buyer (teacher) pays 20% as a down payment on the mortgage, half of this amount is repaid by the regional budget through part of the subsidy, the other part can be used to pay off part of the main loan or interest;
• In the first year, the interest rate on the loan is 8.5% per annum, and in subsequent years the interest rises, but the increase in excess of these 8.5% is repaid by the state;
• The monthly mortgage payment cannot be more than 45% of the teacher's monthly official salary;
• You can attract co-borrowers and thereby increase the loan amount.

It is not enough just to get a certificate from the administration in order to immediately get a loan from Sberbank. To get a loan from Sberbank under a preferential program, the teacher will need to collect and provide the following package of documentation:

1. Bank statement.
2. Passport, as well as passports of co-borrowers, each of which must be registered in the Russian Federation.
3. If the borrower and / or co-borrowers do not have permanent registration, but only temporary, a certificate of temporary registration is provided.
4. An employment contract or other document confirming official employment and the amount of monthly earnings.
5. Certificate of participation in the state program for teachers.
6. Documents for collateral real estate.
7. Documents for an object purchased on a mortgage.
8. Documents for the payment of the down payment.

Participation in the state program for young teachers at Sberbank does not prevent you from taking advantage of other benefits, for example, repaying another part of the principal debt with maternity capital (if any). If at the time of obtaining the certificate the teacher was employed, and during the course of registration he suddenly found himself without work, then the issue of terminating the loan or issuing a credit vacation is decided on an individual basis.

Mortgage for teachers - a joint service of the bank and government agencies, providing for the transfer of money on credit on favorable terms to solve housing problems. The existence of such programs helps educators to purchase an apartment with a low interest rate and the possibility of repaying funds over an extended period. What are the nuances of mortgage lending? How to apply for a service? What are the requirements for candidates? These and other questions will be considered in the article.

Real estate loan for teachers

Mortgage for teachers in 2018 is a special program that operates at various levels (federal and regional). The state attracts financial institutions to provide beneficial programs for educational workers. As a result, teacher mortgage terms are more favorable - they come with a reduced interest rate or reduced house price. Savings are made at the expense of the budget, AHML funds and banking institutions.

Available options:

• Obtaining the subsidy needed to pay the down payment.
• Purchase of real estate from construction companies at the lowest price.
• Issuance of a loan by a bank on favorable terms, taking into account the interest of borrowers.

The teacher gets access to a preferential mortgage in the absence of his own housing, living together with parents or relatives, as well as in case of non-compliance of housing with existing requirements (provided that the area per person is less than 14 square meters).

The subtleties of the program

For many Russians, obtaining ownership of a property is a pipe dream. The reason is the high cost of apartments and at the same time low wages. The problem of buying a home is also faced by teachers with a small monthly income. The main difficulty is the collection of funds to pay the initial payment.

With the advent of concessional loans, the situation has changed. The state, together with banking institutions, launched a lending program for rural and urban teachers, which increased the chances of obtaining real estate. The bottom line is to allocate funds from regional budgets with the subsequent compensation of part of the cost of housing, the sale of real estate at a reduced price, or the provision of subsidies for the payment of interest on a mortgage loan.

Each region has its own program. As for the design principle, it has the following form. The first step is filling out an application, collecting documents and submitting them to local authorities. Next, the applicant awaits approval and receives a certificate (in case of a positive decision). At the end, the paper is transferred to the bank for a mortgage. Let's take a closer look at the design process below.

Pros and cons of a mortgage loan for teachers

A teacher's mortgage is one of the types of loans that involve raising money from the federal or regional budget. The benefits of such a program are obvious:

• Reducing the interest rate and the resulting decline in property prices.
• Advance payment of 10 percent of the purchased property. 50% of the initial payment is compensated from the budget money.
• The term of signing the contract is up to 30 years, which helps to reduce the monthly amount of payments. As a result, the burden on the family budget is minimal, which allows them to easily pay for utilities, pay for food, education, and spend money on other needs.
• The loan is issued without insurance costs (this condition is mandatory for a classic loan). To avoid insurance, it is required to make at least 30% of the cost of housing in the form of an advance payment. As a result, costs are reduced by 3-4%.

When paying off mortgage debt for teachers, consider the following:

• To determine the amount of assistance, it is worth considering the number of meters per family member (the indicator is individual for each region). That is why the amount of funds received is calculated on an individual basis.
• The amount due is calculated by taking into account the time left for the borrower to reach retirement age. The term of the contract is calculated in such a way that the debt is repaid before retirement.
• Mortgages for teachers are available at banking institutions that work with AHML.
  Participation in a special program obliges the borrower to work in the field of education for 5 years or more.
• Obtaining a mortgage loan leaves the right to take part in other programs (for example, count on receiving land at the birth of a 3rd child).
  A soft loan is usually provided for young teachers under the age of 35.

Who is eligible for a mortgage?

The advantage of special programs is that the standard requirements for mortgage borrowers apply here, and the package of papers is standard (as with conventional real estate loans). Demanded programs - "House for the teacher", "Social mortgage" and others. Some of them do not work in 2018, but banks continue to issue loans to teachers together with government agencies.

AHML claims that participation in the program can have different manifestations - receiving benefits, reducing the initial payment, subsidizing the repayment of part of the price of real estate, purchasing an apartment at cost, and others. An applicant for a subsidy must meet the requirements for participants - by age, the presence of the required package of papers, work experience, and so on.

If a decision is made to issue a service, you need to fill out an application and submit it with papers for consideration by the administration. Employees of local authorities review the application and, if approved, put the applicant on the waiting list for a loan. But approval does not guarantee a certificate. Much depends on the availability of funds in the budget. If the money for social purposes is over, you will have to stand in line and hope to receive benefits as early as next year.

After approval, you need to come to the bank, which checks solvency, credit history, place of employment and other aspects. In addition, a person must work in an educational institution for a certain number of years before and after receiving a loan.

Registration procedure

We will give instructions on how to act as a teacher to receive money for housing. The algorithm is this:

• Appeal to the administration with an application for participation in a preferential mortgage. An employee of the authorized service checks the applicant for the fact of compliance with the requirements.
• Transfer of the necessary package of papers and waiting for their consideration.
• Obtaining a certificate for participation in the social program. Subsequently, the paper is transferred to a banking institution.
• Clarification of the list of banks that issue social mortgages and submission of an application to 3-5 financial institutions offering favorable conditions.
• Preparing paperwork for a loan. It is worth considering that the amount of the loan is limited to the profit of the employee. It is important that payments do not exceed 40-45% of profit per month.
• Search for a suitable apartment and transfer of real estate papers to the lender. Next is the date of the signing of the contract.
• Registration of the act of acceptance and transfer. Information about the new purchase is sent to Rosreestr.

What paperwork is required for administration?

As noted, in order to obtain a profitable mortgage, the teacher should go to the local authorities, who check each applicant. That is why, before visiting the city administration, it is important to collect the necessary documents confirming the right to participate in the program.

The package of papers may vary, depending on the region. Most often it includes:

• Copy of passport (each page).
• Characteristics issued by the leadership of the school.
• Documents confirming the fact of improvement of living conditions.
• Birth and marriage certificate (copy).

How to increase the likelihood of success?

Getting a mortgage is a difficult task. To increase your chances of success, follow these guidelines:

• Check the availability of the necessary funds in the budget. Information about the availability of subsidies is easy to find on the official websites of local authorities.
• Make sure your credit history is clean. It happens that the state approves the candidacy, but the bank does not let it pass due to the presence of delays.

Conditions of banking institutions

A teacher's mortgage can be issued, which cooperate with AHML and local government agencies. As a rule, we are talking about large financial institutions such as VTB24 and Sberbank:

• Sberbank has a program under which a loan is issued with a 20% advance payment to teachers under the age of 30 at a rate of 13-14%. The size of the mortgage loan is up to 80% of the value of the property or up to 3.4 million rubles. The interest rate is determined individually and may vary depending on the availability of insurance.
• VTB24 issues loans with an initial payment of 15 percent, for up to 30 years and at a rate of 12.5%. As in the previous case, the percentage and amount of the loan are determined individually.

What paperwork does the bank need?

When applying for a mortgage, a banking institution requires the following documents - a passport, SNILS, rights (if any), TIN and others. You will also need a certificate of employment at school (work book), registration papers (if there is no mark in the passport) and a certificate of family status.

A credit institution checks the solvency of the client, therefore, the provision of a 2-NDFL certificate is a prerequisite. If the mortgage is issued by a man, a military ID will be required. You can not do without papers for collateral (an apartment that is bought on credit).

Today, many banks provide preferential mortgage loans to teachers and other employees of state institutions.

Lender Terms

To become a member of the program, you must meet the following requirements:

Dear readers! The article talks about typical ways to solve legal issues, but each case is individual. If you want to know how solve exactly your problem- contact a consultant:

APPLICATIONS AND CALLS ARE ACCEPTED 24/7 and 7 days a week.

It's fast and FOR FREE!

Sberbank puts forward one important condition - no more than 40% should go out of the loan repayment. Co-borrowers may be involved.

Since the Young Teachers program has been suspended, lending conditions can be changed by banks at their discretion.

Video: mortgage for teachers

Benefits received

The benefits of social mortgages for teachers include:

Mortgage for teachers

What is the difference between this loan program and the usual one:

Young professionals

These include teachers who have worked in this position for at least 3 years and have not reached the age of 30 years.

The main advantage of the program is a reduced interest rate and convenient repayment terms.

The subsidy can be used as a down payment or to pay off the loan throughout the loan term.

To take part in the program and apply for a mortgage on preferential terms, you need to stand in line and wait for the issuance and permission to purchase housing.

By preferential

For example, Sberbank offers to issue a mortgage on the following conditions:

Therefore, information must be clarified before contacting and submitting an application.

Social

You can apply for a loan only in banks that are partners of AHML.

Every organization has a specific program. Let's consider a few of them:

Funds can be used as a down payment for any program.

Present nuances

Peculiarities:

How to take part in a deal

Initially, you need to obtain a certificate from the city administration. To do this, you will need to write, attaching a copy of the work book and education to it.

It takes 2 to 4 weeks to issue a certificate. After receiving the document, you need to contact AHML and familiarize yourself with the list of banks that issue mortgages under the social program.

Design algorithm

The procedure will be as follows:

Preferential mortgages for teachers are aimed at maximum support in solving the housing issue of this category of state employees. The benefit is that the teacher receives a non-cash subsidy from the state to pay part of the cost of housing.

Legislative regulation of the issue

This area is a subprogram of the general Housing program developed by the Russian Government in 2015. The main regulatory act regulating issues of social mortgage are and. In addition, the general principles and principles of lending are determined by the Civil Code of the Russian Federation and regional by-laws.

Mortgage Features for Teachers in 2019

In 2016-2017, there were still specific features of the mortgage for young teachers:

• the borrower had the option not to pay for borrowing insurance;
• the maximum loan term was 30 years;
• the interest rate fluctuated between 8.5% for finished housing and individual houses, and 10.5% for the purchase of apartments in houses under construction.

In 2019, uniform conditions are canceled and will depend on the specific subprogram under which the teacher is “credited”, on the requirements of regional regulations and creditor banks. The preferential subsidizing mechanism was developed with the participation of the Agency for Housing Mortgage Lending (AHML). Funds under the program are issued only by partner banks of AHML. Therefore, the applicant will not be able to choose a lender on his own.

AHML specialists explain that the received mortgage for young teachers can be used for:

• repayment of part of the existing mortgage debt;
• payment of the down payment when applying for a loan;
• acquisition of housing at cost from the public housing stock (municipal authorities buy a certain number of square meters from developers and transfer them from private to public housing stock).

Mandatory requirements for applicants

In order to receive a loan on favorable terms, the teacher has the following requirements:

• age - not older than 35 years;
• allowable experience - at least 3 years;
• the presence of positive recommendations from the management from the place of work;
• Russian citizenship and registration at the place of registration of the mortgage;
• "place" in the queue of persons applying for better housing conditions;
• proven solvency;
• the absence of recorded complaints about the quality of the performance of professional duties.

When selecting candidates for a mortgage for young teachers in 2019, preference is given to specialists living and working in rural areas or ready to move there from cities. Private school teachers are not eligible to receive social credit.

As for the subject of pledge, there are also separate requirements for it:

• mandatory accreditation of developers (when buying a home in a house under construction);
• satisfactory physical condition and, if possible, minimal wear and tear (when buying an apartment on the secondary real estate market).

What difficulties may arise in obtaining a mortgage for teachers

Applying for a loan takes a lot of time and effort. Even if the teacher meets all the necessary requirements, unexpected difficulties often await him.

The first is the lack of regional funding. Local budgets are not always designed for additional sunk costs.

Secondly, it is the “bad” credit history of the borrower himself. A teacher who has collected all the necessary documents and passed all the “instances” may receive a bank refusal to issue money in view of previous loans that were not repaid on time.

In addition to all this, the complexity is a very small number of AHML partner banks, which limits the choice of optimal lending conditions.

How to apply for a mortgage in 2019

Applying for a mortgage for teachers in 2019 consists of a number of stages:

• applying to AHML with an application for a loan ();
• search for a partner bank with the most suitable conditions;
• applying to the local executive body with an application for registration as a participant in the state program (at this stage, you should make sure that this subject of the federation supports the direction of social lending);
• preparation of documents and direct registration in the queue of participants (with a positive decision);
• obtaining a certificate giving the right to preferential subsidies;
• choice of future housing or developer;
• contacting a bank (followed by a check of the solvency of the applicant and the accuracy of the information contained in his documents);
• conclusion of a mortgage loan agreement;
• a transaction for the sale of residential premises (if the subsidy is used to repay part of the existing loan, this item is not required);
• registration of the transfer of ownership from the seller to the borrower;
• refinancing of a loan issued by AHML (after which the debt with the established conditions is “transferred” to AHML, where the borrower will repay it).

Documentation

To obtain a preferential mortgage, you will need:

• passport;
• SNILS;
• extract from the house book;
• labor;
• certificate in the form 2-NDFL;
• military ID (for men);
• marriage or divorce certificate (if any);
• birth certificate of children / child (if any);
• an extract from the USRR confirming the ownership of the acquired property (banks may have different requirements for documents related to the subject of collateral).

Where to go

Participation in the state mortgage program is handled by local executive authorities. Therefore, to obtain an initial consultation and further registration, you should contact it there.

Mortgage Calculator

It is easiest to calculate the required loan and subsidy amount, as well as the amount of monthly payments, using the online mortgage calculator. You can find it on the websites of banks cooperating with AHML.

Terms of consideration

An application for registration as a participant in the state program is considered by local executive bodies within one year. The main advantage of social mortgages is the opportunity to obtain affordable housing for specialists with relatively low wages. Without state participation, few teachers can afford to buy housing on credit. Additional benefits are:

• minimum interest rate and down payment;
• mortgage term - up to 30 years;
• the possibility of early repayment, provided that half of the debt has already been paid;
• no need for insurance.

As for the shortcomings, they most often include:

• the inability to pay the minimum percentage of the down payment due to low wages, which in turn does not entitle everyone to receive a social mortgage;
• dependence of the program on regional funding;
• long term for consideration of the application - 12 months.

Banks working with social mortgage. Which to choose

The major partners of the program include:

• Moscow Regional Bank - interest rate - 8.5 (when buying housing on the secondary market) and not more than 10.5% (when purchasing in a new building), the down payment is repaid exclusively with personal funds and amounts to 10% of the cost of housing;
• Avtovazbank, Russian Mortgage Bank - conditions similar to the previous ones;
• VTB-24 - interest rate - 10% (for all purchase options), down payment - 10%;
• Sberbank - the first installment on a mortgage in 2019 is 20%, half of which the teacher can pay with his own funds, and the rest from the state subsidy, the interest rate is 13% (for any type of housing);
• Bank "Obrazovanie" - the first installment is 25% of the value of the collateral, the interest rate is 12.35%, the loan term is 25 years. It is allowed to buy housing only from the previous owner.

Regional Features of Mortgages for Teachers

Work through federal and regional support. Therefore, the conditions and features of social mortgages differ depending on the region. In 2019, in most subjects, mortgages for young teachers will be provided under their own preferential lending programs that complement the federal platform.

In Moscow and the region

The "Moscow" preferential mortgage for teachers will differ in many respects from social lending in other subjects of the federation in 2019. In particular, in Sberbank, a loan for residents of Moscow, Moscow Region is 15 million rubles, for residents of other regions - 8 million.

Mortgages for young teachersis a great chance for young professionals to acquire their own comfortable housing. But how is the Young Teacher Mortgage different from other mortgage programs? What are the features of obtaining such a loan and what you need to know in order not to get into a mess? Let's try to understand these issues together.

Mortgage for teachers

Until 2015, the Government Decree “On the procedure for providing and distributing subsidies ... in connection with the provision of a mortgage loan (loan) to teachers of general education institutions” dated December 29, 2011 No. 1177 was in force, which established the right of young teachers to a subsidy in order to purchase housing or contribute to a shared construction. However, even after its abolition, teachers in some cases may qualify for preferential mortgage lending conditions, in particular:

• with participation in some state programs, for example, "Sustainable development of rural areas for 2014-2017 and for the period up to 2020", approved. Decree of the Government of the Russian Federation of July 15, 2013 No. 598, which provides for assistance to young professionals in settling in rural areas;
• in providing assistance to teachers at the regional level; for example, in the Bryansk region it is established by the Regulations on the procedure for granting subsidies to young teachers, approved. Decree of the government of the Bryansk region of April 22, 2014 No. 171-p;
• when granting preferential conditions by credit institutions within the framework of internal programs.

Who can get a mortgage under these Young Teacher Assistance Programs? In fact, there are usually not too many requirements for borrowers, and most of the young teachers meet them:

Don't know your rights?

1. They have a mortgage loan.
2. Recipients are young teachers under the age of 35 who have worked for at least a year in their specialty.

It is important to note that you can usually get a mortgage loan for teachers only if the teacher works in a state or municipal educational institution that provides education in programs: primary, basic general or complete general education. We emphasize that at the time of applying for a mortgage under such conditions, a person must work in an educational institution, that is, the previous experience is not taken into account.

How does a bank evaluate a potential borrower?

In order to be eligible for a Young Teacher Mortgage, you must meet a number of requirements:

1. The income taken into account when deciding on the execution of a loan agreement must be confirmed by a certificate in the form 2-NDFL. Any other income of citizens is considered as an additional non-permanent income that does not have a special impact on the financial condition of the borrower. Here it should be said that not only wages, but also other types of income can be indicated as income. An example of such additional income would be the receipt of funds from the rental of property (for example, a garage). However, do not forget that in order to confirm such income, you will need not only a concluded lease agreement, but also information from the tax service on the proper payment of income tax;
2. Credit organizations assess the solvency of teachers. For example, there may be a rule that a loan is provided only if the loan payment does not exceed 45% of the total amount of the confirmed income of a citizen, or the total confirmed income of several citizens acting as co-borrowers (for example, spouses);
3. The possibility of granting a loan only on the condition of making a down payment. At the same time, the minimum contribution is usually 20% of the total cost of the acquired residential premises;

Mortgage for young teachers in 2017-2018

Previously, it was possible to clearly define what conditions distinguish the mortgage for young teachers:

1. The interest rate on such a loan is 8.5% - for those borrowers who purchase ready-made housing in an apartment building or an individual house as part of a well-maintained building entity and 10.5% per annum for persons wishing to purchase housing in a house under construction, build a residential building on your own or buy an individual house under construction.
2. The down payment on the loan ranges from 10 to 30%, while the amount of the initially paid amount depends solely on the desire and capabilities of the borrower.
3. The possibility of exempting the borrower from compulsory credit insurance.
4. The maximum loan term is 30 years.

For 2017-2018, specific conditions depend on the program in which the teacher participates. If he does not have options for participating in preferential lending, a mortgage is concluded on a general basis.

Documents required for obtaining a mortgage

To apply for a mortgage, you will need to contact the bank and provide the following set of documents:

1. Personal documents (documents confirming your identity): passport of a citizen of the Russian Federation, pension certificate (SNILS), certificate of registration with the tax authority at the place of residence (TIN), documents confirming registration at the place of residence (if the information is not in the passport);
2. Employment documents: a copy of the work book, a certificate in the form 2-NDFL, and if you work in parallel somewhere part-time, you must provide an employment contract confirming this fact and a certificate 2-NDFL;
3. For men, it is mandatory to provide a military ID;
4. Application (questionnaire) of a potential borrower, issued at the bank;
5. Documents confirming the borrower's marital status: marriage (divorce) certificate, child's birth certificate, maternity capital certificate, etc.;
6. Other documents, depending on the specifics of the particular case and the selected credit institution.

Important information

1. As mentioned above, the down payment usually ranges from 10 to 30%. Mortgage conditions may provide for the possibility of obtaining an additional benefit in the form of exemption from compulsory loan insurance for those persons who have made 30% of the cost of the selected dwelling as a down payment. It must be said that the amount that can be “winn” in this way for the total term of the loan is quite tangible, especially considering that the average period of mortgage lending is from 10 to 15 years, and sometimes more. And the borrower will have to pay insurance during the entire period of insurance.
2. If you do not have funds for the initial contribution (accumulated earlier), then you can use the maternity (family) capital or the amount of the subsidy due to you as a young teacher. Subsidies are one of the types of state social support, which consists in the allocation of a certain amount of money, acting as compensation for part of the cost of property acquired on a mortgage. It is important to say that the maximum amount of the subsidy cannot exceed 20% of the property value. The amount of the subsidy is not determined by a fixed amount due to existing differences between regions, in particular, the amount of the subsidy directly depends on the norm of the area of ​​​​the premises provided for each family member.
3. The loan must be repaid before you reach retirement age. That is, the last payment must occur before the age of 55 for women and 60 for men.
4. It should be noted that loans to young teachers under state programs are carried out through the AHML company (OJSC Agency for Housing Mortgage Lending). This agency concludes agreements with the largest banks in the regions that provide loans to citizens, which allows people to receive assistance from the state. For this reason, before going for a mortgage, make sure that the selected bank cooperates with AHML.

How does this happen? First, the bank (cooperating with AHML) checks the solvency of a potential borrower, collects a complete set of necessary documents, after which a mortgage lending agreement and a residential purchase agreement are concluded. Next, the bank must refinance the issued loan in AHML, and the borrower continues to service his loan already on the established terms in AHML.

1. The use of the state program developed for young teachers does not deprive citizens of the right to be simultaneously participants in other state, regional or municipal programs. So, for example, the teacher retains the right to use maternity capital for the intended purpose, to receive regional funds allocated for the birth of a third child in the family, as well as other social support measures received.
2. The general conditions and consequences of concluding a mortgage loan for young teachers and under general conditions are the same, including with regard to the transfer of rights. Until the full repayment of the mortgage loan, the disposal of property (exchange, sale, donation) is possible only with the consent of the creditor, and the guarantee of the fulfillment of this condition is the imposition of an encumbrance on the indicated residential square meters. The encumbrance will be removed only after the relevant application is submitted to the Rosreestr authorities with the submission of a certificate from the bank on repayment of the debt and registration of ownership.

Documents submitted for consideration by AHML

In order to take advantage of the developed state program, a young teacher must obtain approval from the Agency. To do this, you need to follow the following algorithm of actions:

1. Leave an electronic application for a loan on the official website of AHML (fill out the form);
2. Find a lender cooperating with AHML, ready to lend you the necessary amount to purchase the selected residential property;
3. Collect a set of documents necessary for the bank to conclude a mortgage agreement (an indicative list is indicated above) and submit them for consideration to a financial institution;
4. Formation of a package of documents for the acquired residential premises, conclusion of an agreement with an independent expert organization on the examination of the object;
5. After receiving a positive decision from the credit institution, it is necessary to determine the date of the planned conclusion of transactions. There will be two transactions: one will conclude a contract for the sale of an apartment, and the other a mortgage transaction;
6. If the initial installment paid by you under the loan agreement is less than 30%, then the necessary condition will be the conclusion of an insurance agreement for the issued loan;
7. Final steps: registration of the act of acceptance and transfer of housing, transfer of the entire amount of credit funds to the borrower's account, registration of ownership of the property and mortgage with Rosreest.