Regional program of preferential mortgage lending. Preferential mortgage: conditions for obtaining

For people who simply need to improve their living conditions, but who are not able to get a mortgage, the state can offer certain ways of helping. These include a government-supported lending program. This project allows some citizens to apply for a preferential mortgage for the subsequent purchase of housing with a significant relief. This program helps to easily solve the housing problem.

The possibility of obtaining a mortgage on preferential terms is the improvement of the living conditions of poor citizens through the use of two sources: financial assistance from the state and a loan from a bank. The requirements for obtaining such a profitable solution are strictly regulated. Primarily preferential mortgages are provided to people on the waiting list who need better living conditions and who have been on the waiting list for such an improvement for a long time. Therefore, the procedure may take some time.

How to become a member of a preferential mortgage

Being in this program is a profitable decision for Russians. Therefore, the question of how to get a preferential mortgage worries many citizens. Employees of budgetary organizations, as well as some categories of Russians, can become participants in the program. Applicants must complete certain steps before they can participate in the Subsidized Mortgage Financing Program. He needs to apply to the regional administrative center with an application and a full set of necessary documents confirming this right.

Preferential mortgage conditions

Such a program has its own characteristics. You can find out who is eligible for a preferential mortgage in this material. A mortgage loan is provided to citizens whose age does not exceed the following figures at the time of full repayment of the debt (depending on the gender of the person, the maximum age differs): 60 years for men and 55 years for women. The number of co-borrowers is limited to three people. Their joint income is analyzed, provided that each of them works at the current place of work for at least six months. These are the basic requirements for borrowers who can be participants in the "preferential mortgage" program. The conditions for obtaining it are much wider.

Priority is given to young families who have been married for no more than three years and have children.

Preferential categories of citizens

Some Russians have an extended range of opportunities. Consider specifically those who are eligible for preferential mortgages. The state has assigned a large number of citizens to the category of social priority. What they have in common is a relatively small income at the time of applying for a loan. It doesn't matter if it's temporary or permanent.

• Young teachers and scientists.
• Military personnel.
• Large families.
• Young families.
• Persons who received maternity capital.

Mortgages for young families

A loan for this group of citizens under the federal program implies a reduced interest rate or a subsidy that can be used instead of a down payment.

But only families that meet certain requirements and need their own housing can be borrowers. Some of the conditions can be seen below.

The program for young families (where the age of at least one spouse does not exceed 35 years on the date of conclusion of the loan agreement) also includes single-parent young families that consist of one parent and one or more children.

Under the terms of the project, deductions from the interest rate are provided. At the same time, when there is only one child under the age of 18 in the family, the deduction is 0.25%, two or more children - 0.5%. If there are no children at the time of conclusion of the loan agreement, these benefits are applied after their birth. It is also possible to receive payment holidays. The amount of the contribution under this social program is reduced both in relation to the repayment of the principal debt and in relation to interest. For example, having paid 10% of the loan, the borrower can count on a reduction in the payment by half from the moment the child is born.

Preferential mortgage for large families

This category of citizens also has its advantages. Families with three or more children qualify for preferential mortgage terms. They can count on a partial refund of its amount by the state and a reduction in the interest rate.

Mortgages for the military

Usually military personnel receive loans for apartments in the secondary market. This type of mortgage is essentially free. While the military is in the service, the amount is paid for him within the limits of the certificate. Each individual has a limit.

With a loan amount of up to 2.4 million rubles, the loan rate is regulated. This is similar to a subsidy, but the bank does not receive money immediately, but over several years.

Mortgage loan for young scientists and teachers

This category of Russians also has favorable conditions for buying a home. For teachers, there is a special program for obtaining a preferential mortgage loan. A young (up to 35 years old inclusive) specialist who meets the following criteria can join it:

• have at least three years of teaching experience;
• working in the specialty at the time of application.

The reduced rate on the loan does not cancel the requirements for the borrower's solvency: monthly payments should not exceed 45% of his income.

Young candidates and doctors of sciences who are researchers at universities or academies of sciences can become participants in the mortgage program for young scientists.

Conditions for borrowers, in addition to the usual ones, will be as follows:

• an existing academic degree;
• term of scientific work - from one year;
• work in a scientific institution (research institute, university, Academy of Sciences, Scientific Center and others).

The auxiliary program for young scientists is popular in cities where there are a large number of universities and other scientific and educational organizations. For the most part, these include metropolitan and large metropolitan areas.

Benefits with maternity capital

This measure of support can be used as part of the purchase of a home. Maternity capital helps to increase the available loan amount and spend money on the direct repayment of mortgage debt.

The most frequent use of the funds of such state support is precisely their use to improve housing conditions.

Acquisition of housing on preferential terms

Citizens can buy an apartment, participating in the program for obtaining a mortgage with simplified requirements, in the locality in which they have permanent registration. It should be borne in mind that the overall level of living space per person should not be higher than the norm, and the average monthly income should not fall below the subsistence level. Subsidies allocated by the state for preferential mortgages enable borrowers to purchase an apartment without investing their own savings as a down payment.

In addition to the requirements imposed by government authorities on an applicant for a social loan, there is also a certain list of conditions from banks, the fulfillment of which is strictly mandatory. These include the length of service of the borrower, registration in the company's service area, mandatory consent to life and health insurance of the client.

Conclusion

Current mortgage interest rates make monthly payments out of reach for most citizens. Help in this situation for employees of government organizations, large families, young parents and some other Russians with low incomes can be a loan on favorable terms. The opportunity to participate in this program greatly facilitates the situation of the inhabitants of our country. Preferential mortgages allow many to solve the sore housing problem and improve general living conditions.

Preferential mortgages are gaining popularity, and 2020 will be very successful for obtaining it, especially for young and large families. What is a subsidized mortgage? It is a type of loan that is provided for housing. Compared to a conventional mortgage, it has a much lower interest rate on the loan. It is designed to improve the living conditions of large, young and low-income families. As well as young professionals in the field of science, education and medicine. This project has been running since March 2016.

Preferential mortgage is a government program in which a number of banks take part, such as:

• Rosselkhozbank;
• VTB 24;
• Sberbank;
• Bank of Moscow.

In the Russian Federation, preferential mortgages are implemented by:

• obtaining subsidies for a certain part of the housing area, which is purchased on credit;
• lower mortgage interest rates;
• sale of public housing space at a low price.

Getting a preferential mortgage

The state classified a fairly large number of citizens as citizens who can take a preferential mortgage. They are united by a small income at the time of applying for a loan, and it does not matter if this is temporary, or the family always has low incomes.

• large families;
• persons who received maternity capital;
• teachers, health workers and scientists who are just starting their professional activities;
• young families;
• military personnel.

• the loan is provided to persons who will not be fulfilled at the time of its repayment, men 60 years old, and women 55;
• each of them must work at the time of application in one place for at least six months;
• the number of co-borrowers should be no more than three people.

Due to the fact that many people want to take part in this program, the state cannot provide assistance to absolutely everyone. When applying, a person needs to collect a lot of documents and various certificates. You will have to run around various authorities, because the package of documents for obtaining social benefits for housing is quite large.

If, in the submitted list of documents, at least one paper is missing, a refusal may be received. It is better to check with the lender in advance for the exact list of required securities. That is, the bank that you preferred when choosing a social program.

Important! Do not be lazy and carefully study the offers of several banks, because they may differ slightly from each other. And, perhaps, in one of the banks the offer will be more profitable.

Before you start collecting documents, it is worth visiting the local government in your city to get advice on social lending. The specialist will answer all your questions, be able to calculate an approximate payment plan, tell you how you can save more. He will also clarify the legal requirements for real estate that can be purchased using such a program.

Required list of documents

When applying for preferential mortgage lending terms by different citizens, the list of required documents will be slightly different.

An approximate list of documents required when applying:

• citizen's statement
• birth certificates of children;
• passports of each family member;
• document from the tax authority;
• a copy of the work book, as well as a certificate from the place of work, confirming the fact of work and length of service;
• extract from the house book;
• information about the composition of the family;
• extract from the Unified State Register of Real Estate for the purchased property;
• title documents for housing;
• certificate of registration of ownership of real estate;
• bank account details.

A citizen or a family that already owns housing cannot count on the approval of an application for a preferential mortgage, it can be an apartment or a house. The person or family at the time of application may be living in a hostel or renting an apartment or room. Also, people who live in the same apartment with their relatives, or in very cramped conditions, are eligible to receive mortgages and benefits. One family member should have 14 square meters.

According to the social program, one person in a family should have 18 square meters, for a family in which two people live no more than 42 square meters. At the request of a family or a person, he can purchase housing with a larger area, but the benefits will not cover these extra meters.

Obtaining a mortgage by a young or large family

Spouses who have recently entered into marriage, very often cannot afford to buy an apartment on their own. For them, the state offers a social program under which they will receive a subsidy for the purchase of housing. It will not represent a specific amount, but a percentage of the total value of the property that was chosen by the couple. This figure will be 35% if there are no children in the family, if there are children, then it rises to 40%.

How to get a preferential mortgage for young families? A prerequisite for obtaining such a subsidy is the age of the borrowers, both spouses must be under 35 years of age. A young family can use the interest received on the down payment for housing, or to pay part of the monthly payment.

There are also deductions for the interest rate, if there is one child in the family, then this percentage will be 0.25, and if there are two or more, then 0.5. If there were no children in the family before receiving preferential housing, and then the child appeared, then the benefits will be applied after his birth.

Payment holidays are also provided for young families. For example, from the moment the baby is born in the family, and having paid at least 10% of the total debt, the couple can expect to halve the monthly payment.

If a large family has maternity capital, it can be used to pay off debt on their part. You can use it both once and divide it into several payments.

Families with many children applying for housing benefits have their own peculiarities of its provision. Mortgage benefits provided to families with three or more children consist of a minimum loan rate and partial repayment of the debt by the state.

Different banks that provide mortgages may offer different interest rates, it will be calculated individually, depending on the number of children and if it comes to buying a primary home.

The interest rate itself usually does not exceed 8%. Lenders, in some cases, allow you to increase the amount of the mortgage and its term, if the co-borrowers are the parents of one of the family members. The solvency of these people increases the chances of timely repayment of monthly payments.

Getting benefits for young teachers, doctors and scientists

Teachers, scientists or medical professionals must be under 35 years of age. Their mortgage benefits will be to provide a loan at a small percentage, and it will be issued for a long time. Of the entire cost of their housing, they will pay about 60%, the rest will be paid for by the state at the expense of the local budget.

An application for assistance in obtaining housing can be approved for real estate located in the region where the teacher works.

Mandatory conditions for young teachers and health workers:

• teaching or medical experience of at least 3 years;
• he must be solvent, that is, his monthly payment should not exceed 45% of his income;
• mandatory work in the specialty at the time of application.

Approval of applications for a mortgage loan for such categories of citizens usually occurs when they moved to work in a small city that has a shortage of specialists in these areas.

There are also certain requirements for young scientists:

• the period of his scientific activity cannot be less than one year;
• he has a degree;
• experience in a research organization.

Such benefits are quite in demand in cities that have a lot of institutes or other scientific institutions. Therefore, obtaining such a subsidy in a provincial city can be quite problematic, due to its underdevelopment in this direction.

Obtaining mortgage benefits is quite a difficult task. In order to receive the necessary subsidies, you need to carefully collect documents, choose a bank with which you will enter into mortgage relations.

Recall that the reason for the adoption of this document was the order of the President of the Russian Federation Vladimir Vladimirovich Putin, made at the coordination council in November 2017.

Briefly with the speech of the President of the Russian Federation and the terms of the new program can be found in the following video:

Let us briefly consider the main conditions, procedure and features of obtaining a presidential mortgage.

What is the new program to reduce mortgage interest

The essence of the new mortgage subsidy program is to reduce the rate on loans for the purchase of housing for families in which, in the period from 2018-2022. a second or third child was born. For such families, during the period of the program, the interest rate on a housing loan will be reduced to 6%. The higher interest will be compensated by the state to credit institutions.

Who is eligible for a mortgage rate cut?

The right to receive a housing loan with state support, as well as to refinance a previously taken loan, is for families in which a second and (or) third child is born between January 1, 2018 and December 31, 2022.

Given the above, families in which the second or third child was born before December 31, 2017 and after December 31, 2022 inclusive will not be able to use this benefit.

Note : it is possible that the duration of the subsidy will be extended, but at the moment there is no information about this.

Conditions for receiving a grant

Preferential mortgages for large families are provided only if a number of conditions are met, to which the legislation includes the following:

• The birth of the second (third child) in the period from January 1, 2018 to December 31, 2022 inclusive.

If the child was born outside the specified time period, the family will be denied the benefit.

• Buying an apartment in the primary market.

A loan at 6% per annum will be available only to those families who have decided to purchase a new building. For housing purchased on the secondary market, the subsidy will not be provided.

• Payment of at least 20% of the cost of housing from own funds.

Providing a subsidy in the form of a reduction in the interest rate on a mortgage is possible only if the borrower pays at least 20% of the cost of housing. At the same time, the legislator separately pointed out the possibility of using maternity capital funds, the employer and other subsidies received from the federal, regional or local budgets when paying.

• The value of real estate is not more than the established limit.

Preferential mortgage loans for families with children will be provided only on the condition that the cost of housing for Moscow, the Moscow Region, St. Petersburg and the Leningrad Region will not exceed 8 million rubles. For other regions, the cost of a new building should not exceed 3 million rubles.

Note: experts suggest the possibility of increasing the limit on the cost of housing to 10 million rubles. for residents of Moscow, St. Petersburg and their regions.

• Conclusion of an insurance contract.

One of the conditions for obtaining preferences for lowering the interest rate on a housing loan is the execution of personal insurance contracts and insurance of a real estate object (after registration of ownership of an apartment).

• Citizenship of the Russian Federation.

Only citizens of the Russian Federation can take advantage of the preference. Citizens of other states will be denied a subsidy.

• Payment of monthly payments in equal amounts.

Preferential mortgages for families with 2 or more children will be provided only if the loan or loan is repaid in equal monthly (annuity) payments during the entire loan period (except for the first and last months).

• Registration of a loan in a credit institution participating in this program.

Registration of a preferential mortgage rate will be possible only in those banks that apply for participation in the program no later than 30 days from the date of entry into force of Resolution No. 1711. Let us recall that the date of entry into force of this document is January 17, 2018.

Interest rate on preferential program

The mortgage rate under the subsidizing program will be 6% . Banks will be compensated for lost profits by the state.

Features of obtaining benefits under the mortgage subsidy program

• The acquisition of an apartment not only under equity participation agreements (for housing under construction), but also under a sale and purchase agreement (when acquiring a finished new building).

Thus, families who have bought housing both at the construction stage and after the house has been handed over can qualify for a reduced mortgage interest. There are no fundamental differences in obtaining preferences when drawing up a DDU or a sales contract.

• Refinancing an existing mortgage.

The possibility of lowering the mortgage rate is provided not only for those loans that will be taken after 2018, but also those issued earlier. If the loan was taken to purchase real estate before the start of the program, citizens will have the opportunity to refinance the mortgage under the new conditions.

• Extension of the subsidy at the birth of a third child.

Even if a family has taken advantage of the benefit for the birth of a second child and paid a loan at a rate of 6% for 3 years, they will be able to extend the benefit for another five years if they give birth to a third child before the end of the program.

The expiry date of the preference

• 3 years at the birth of a second child in the period from 2018-2022.
• 5 years at the birth of the third in the specified period.

An example of calculating the duration of the benefit

The second child is born in the family in 2018. 3 years from the date of birth of the baby, the family has the right to pay a mortgage at a rate of 6% per annum. The third child is born in 2020. Despite the fact that the benefit has expired (3 years from the date of birth of the second child), the family can apply the reduced rate for another five years (from the date of birth of the third child).

How to get a subsidy

At the moment, specific rules for issuing preferential mortgages to families with children in 2018 have not been established. Presumably, the procedure for granting benefits will be as follows:

For families who already took out a mortgage before 2018 or had a baby during the program period:

1. Obtaining a mortgage on general terms.
2. Appeal to the bank with the necessary documents.
3. Refinancing an existing loan.

For families who decide to apply for a loan at a reduced rate after the birth of a child in 2018-2022:

1. Birth of a child in the period from 2018-2022
2. Providing the bank with the necessary documents for obtaining a loan.
3. Getting a loan on favorable terms.
4. Compensation by the state for lost income by a credit institution.

Where to apply for a grant

To reduce the loan rate, you will need to contact one of the banks participating in the program. At present, the list of credit institutions participating in the program has not been determined.

What documents need to be submitted to the bank

The main document confirming the right to this preference is the child's birth certificate issued after December 31, 2017. A specific list of other documents required to receive benefits will be determined by each bank independently.

Is it possible to pay part of the mortgage with maternity capital.

Discussions are closed for this page

In preparation for his next re-election, the incumbent Russian president at the end of 2017 announced several new measures that will really benefit many families and voters will like. In particular, it was the first person who was entrusted to announce government developments to increase the birth rate in the country. The situation with demography in Russia is really unsatisfactory, and one program of maternity capital, especially in the form in which it has existed all these years, is indispensable. Among the new products, in particular, we can note the appearance, which we talked about a little earlier. Another innovation is preferential mortgages for families with children. What does the new law on mortgages at 6 percent in 2018 say, who can apply for such a benefit, how to get it.

Preferential mortgage at 6 percent per annum in 2018 - who can get

The Russian government just last week finally formulated the details of the preferential social mortgage, which is being introduced in 2018. Prior to this, only the main essence of the program was known, but there were no explanations for ministries and banks regarding the mechanism for financing preferential mortgages. Now the mechanisms are spelled out, and families have the opportunity to start applying for a new loan on preferential terms or for refinancing an earlier loan.

Which family has the opportunity to get a preferential mortgage at 6 percent under the new law? The following conditions must be met:

• starting from January 1, 2018 and until December 31, 2022, the second or third child must be born in the family,
• the family takes out a mortgage to buy an apartment in a new building (or refinances an earlier loan, but the apartment also had to be bought in a new building).

The essence of the preferential mortgage program in this case is that the family for some time (more on this below) will make contributions to the mortgage loan at the rate of 6% per annum. Interest will be paid by the state.

For example, if a bank offers a loan at 11% per annum, then you pay 6%, and the budget will pay the remaining 5% for you.

Will the benefit be valid for the entire period for which the loan is taken?

No, the state will not always help you with a mortgage. In the event that you have a second child, the benefit will apply three years after the start of payments or after the start of the refinancing period. If the child is the third, then state support will continue already five years.

Please note that in total you can receive a benefit in this way for eight years. This is not allowed at all. Just an example - your second child was born on July 1, 2018, and on September 1, you took out a preferential mortgage at 6 percent. For three years, until September 1, 2021, the state will help you pay interest on a mortgage loan. Then the assistance should stop, but if around the same time, in August-September, you have a third child, the benefit can be extended for five years already thanks to his birth. In your case, the state will subsidize the interest on the mortgage until 2026.

However, you need to understand that since the state does not intend to subsidize your mortgage loan all the time, you need to be more careful in choosing a bank and loan conditions. Even if for the first 3-5 years you will not be very worried about the interest rate at which you took out a loan, after that the payment of interest will fall entirely on you, which you need to remember now.

Are there any restrictions on the cost of new housing

Eat. The program can only be used if the housing you have taken on a mortgage costs no more than three million rubles. For Moscow, St. Petersburg, Moscow and Leningrad regions, the amount is higher - eight million rubles. This is due to the high cost of real estate in these regions.

In principle, such a restriction is quite reasonable, and for the indicated amounts a family can purchase at least a two- or even three-room apartment in their region.

Of course, no loans in foreign currency are allowed in this case.

How relevant is the new law on preferential mortgages

The novelty, apparently, is quite relevant. At least according to the government. Reportedly, according to opinion polls and studies that were conducted, approximately 620,000 families are ready to take out a mortgage on such terms, and another 630,000 who have already taken mortgage loans are ready to take advantage of the opportunity to restructure it at 6 percent.

Based on these data, the Ministry of Construction calculated that the program of preferential mortgage lending would cost the Russian budget 600 billion rubles. Whether 2018 or the entire period of the program is meant, the Ministry of Construction did not specify.

What if the interest on mortgages in Russia will decrease?

Indeed, in the last couple of years, there has been a decline in mortgage rates. So, in 2017, for the first time in history, the cost of mortgages fell on average across the country to below 10%. Against the backdrop of record low inflation and the constant reduction of the key rate by the Central Bank (and the interest on any loans directly depends on it), it is reasonable to expect standard mortgage rates to remain at the same 6 percent in the coming years if this trend continues.

The Ministry of Construction itself believes that such a situation may arise just in time for 2022, and after that the need to subsidize loans for young families will disappear by itself.

At the same time, independent analysts believe that mortgage rates of 6 percent can expect us much earlier.

It is obvious that if in two or three years the interest on mortgages in Russia drops to the level of six percent for everyone, the government will think about making the preferential interest for families with children even lower. However, it is still too early to talk about this. At the beginning of 2018, the average mortgage rate is just below 10 percent, and a 6 percent loan is a pretty good deal.

You will learn what a preferential mortgage is, what state support programs allow you to save money on buying a home, and on what conditions such loans are provided. Who gets a preferential mortgage and how to get it?

03.06.2018 Alla Prosyukova

Surely you have heard jokes about mortgages more than once. Well, for example, this one: “Thanks to the mortgage, manager Alexander quit drinking, smoking and became a vegan.”

Yes, a mortgage loan is not manna from heaven, but a heavy financial burden for many years to come. Of course, I would like the interest rates to be lower, the list of necessary documents for registration to be shorter, the application processing to be quick, and the payment to be easy / But so far these are only dreams!

But no matter how we scold the mortgage, no matter how ironic about it, today it is perhaps the only real way to legally acquire your own home with minimal initial investment. And the state is trying in every possible way to improve the situation, constantly developing preferential programs together with credit organizations.

It is about preferential mortgages that will be discussed in this article.

What is a subsidized mortgage

The very word "preferential" implies that a person will receive something on better terms, different from the standard ones. At the same time, we are used to the fact that all benefits, whether tax, social or otherwise, apply only to certain categories of citizens.

So the preferential mortgage is a housing loan with softer lending conditions for certain groups of the population of our country. As a rule, such loans have a reduced rate and the amount of the down payment. Often they are subsidized by the state.

Such lending allows the most socially vulnerable segments of the population to acquire their own housing or improve existing living conditions.

In the Russian Federation, such preferential programs deserve special popularity, such as:

• wooden mortgage;
• family mortgage;
• housing loan with mother capital, etc.

Let's take a closer look at the main types of this banking product.

What are the types of mortgages

When the law “On Mortgage” was adopted in 1997 and mortgage loans appeared in the product line of Russian banks, there was no question of any variety of such programs. At that time, there was only one type of it - obtaining borrowed funds secured by real estate for up to 10 years.

A little more than 20 years have passed and mortgage lending has changed beyond recognition! Lending organizations offer many mortgage programs with a variety of conditions.

I propose to get acquainted with the most interesting!

social mortgage

It combines a bank mortgage loan and financial support from the state in order to improve the living conditions of certain categories of citizens of the Russian Federation.

You can count on such a loan:

• young families;
• state employees (teachers, doctors, etc.);
• poor citizens.

There are several forms of this loan:

• receiving funds at a reduced percentage;
• receiving subsidies from the state for partial payment for purchased housing (up to 70% of its cost);
• sale on credit of housing from the state fund at reduced prices.

Each region has the right to choose the form in which lending will be carried out.

Those wishing to apply for such a loan must apply to local authorities or to the regional branch of AHML (Agency for Mortgage and Housing Lending)

military mortgage

A military mortgage is a subsidized loan for the purchase of housing for military personnel and their families. It is regulated by the law “On the savings and mortgage system of housing for military personnel”. All transactions under the program are carried out through a specially created department - Federal State Institution "Rosvoenipoteka".

Under the terms of this banking product, military personnel who have signed a contract with the Ministry of Defense, employees of the Russian Guard, SOBR, OMON, private security can purchase housing. To take advantage of the offer, you must serve in these structures for at least 3 years. After that, you can apply and become a member of the program.

The initial amount is 10-20%, and it can be paid at the expense of funds accumulated on the individual account of the borrower from the moment he enters the accumulative system until the moment of buying an apartment. If there are not enough funds, the borrower pays the missing amount from his own savings.

All monthly payments are paid by Federal State Institution Rosvoinipoteka. The sooner a soldier enters the program and the longer he serves in the military, the more likely he will not have to pay a dime from his own funds.

If the borrower decides to leave the service ahead of schedule, then he will have to repay the balance of the debt on his own.

Young family

Preferential mortgages for young families are a variation of the same social mortgage that I mentioned above. But since this is one of the most popular types, I singled it out as a separate item.

The Young Family program is an excellent way to purchase housing on preferential terms for families that meet the following requirements:

1. The family must be registered as needing better living conditions.
2. At least one of the spouses must be no older than 35 years, while the age of each spouse is no younger than 21 years.
3. The marriage is officially registered.
4. At least one of the spouses is a citizen of the Russian Federation.
5. Availability of funds for a down payment.
6. Sufficient income for lending.

The main advantage of this bank loan product is that the state compensates for the payment costs in the amount of 30-35%.

Paying attention! A single parent raising a minor child can apply for a loan.

To obtain such a loan, you must first apply with an application and documents to the department of the city administration in charge of housing issues. After a positive decision is made, the applicant will receive a certificate that must be submitted to the creditor bank.

Mortgage with maternity capital

Maternal capital is a way of state support for families with children. At the birth of the 2nd and all subsequent children, the mother receives a certificate in the amount of 453,026 rubles. (at the time of writing).

It is allowed to use money for the purposes provided for by law. For example, to improve the living conditions of the family. In this regard, many banks have developed special programs in which the mother's capital goes towards the down payment, or to pay off payments.

Mortgage 6%

Starting from January 01, 2018, another one appeared in the list of preferential mortgages - "Children's", or, as it is sometimes called, "Family". This is a state-supported housing loan for families in which the second or third child was born no earlier than January 2018.

The state compensates the borrower for the difference between the rate at which the loan was received and the 6% established by law for this program. The benefit is valid until December 31st. 2022.

Moreover, the borrower receives payment of the difference in percentage not during the entire term of the loan agreement, but only for a certain period. It depends on the number of children in the family.

So, if a second child was born in the family, then the family will pay the mortgage at a preferential% for 3 years. If the borrower has a third baby, then the benefit period is extended to 5 years.

Example

For the Mikhailovs, the new year 2018 was marked by a joyful event: a son was born, the second child in the family. However, this pleasant event exacerbated the already difficult housing situation: now 4 people will live on 24 meters of their small size.

Sberbank and its Family Mortgage helped solve the problem. Documents were collected quickly: a month later, the Mikhailovs celebrated a housewarming party.

Now let's calculate how much the family will save with the help of state support.

So, the Mikhailovs bought 3-room apartment cost 5 mln rub. The down payment was 20% (1 million rubles ). Credit funds used for the purchase 4 million rubles

Having borrowed under the program "Mortgage with state support for families with children" at a rate of 6% per annum, borrowers must make a monthly payment 28657,24 rub. In the end for Mikhailovs will spend 3 grace years on payments 1031660,64 rub.

If the family had taken out a similar loan at the then current base rate of 9%, the monthly payment would have been 35989,04 rub. , which means that for the same 3 years, the borrowers would give to the lenderRUB 1295605.44

Having issued a mortgage with state support, the Mikhailovs will save % in 3 grace years 358022 rub.

See the video for more details.

How to get a preferential mortgage - step by step algorithm

Obtaining a preferential mortgage is practically no different from applying for any other bank housing loan. The algorithm is quite simple and understandable. However, knowing it will save you time and nerves.

Keep the step by step instructions to help!

Step 1. Choose a bank and a loan program

When deciding on a lender and a mortgage program, I recommend using online services that allow you to compare many loan offers from different banks at the same time. There are many such sites on the Internet. I like sravni.ru, banki.ru, ipoteka.ru.

Their advantages:

• saving time on monitoring proposals;
• filtering all programs by specified parameters;
• actual information;
• the ability to calculate an approximate payment and submit a preliminary application.

Such credit institutions, as a rule, have in their arsenal all types of preferential housing programs. These institutions have an impressive resource base, which means they will be able to offer the best interest rates and conditions.

Carefully study the selected mortgage program. I advise you to consult with the credit specialists of the selected bank by visiting the office. After visiting the office, get a list of required documents and submit the initial application. Or do it on the official website of the credit institution.

Step 2. We collect documents and submit an application

After receiving the initial approval of the lender, proceed to the collection of documents.

The standard list of securities for preferential mortgages is divided into 2 packages:

• documents of the borrower/co-borrowers;
• documents for the purchased property.

At the initial stage, the bank will request only the first package:

• questionnaire;
• passport;
• a document confirming income (usually this is a certificate of 2 personal income tax, but sometimes the creditor accepts a certificate in the form of a bank, a certificate from the PFR, etc.);
• a copy of the work book certified by the employer;
• marriage contract, if any;
• documents based on the type of loan being issued (for example, a mortgage for families with children - birth certificates).

Step 3. Decide on the property

Did you get a final positive decision on your application? So, it's time to choose an apartment.

Don't forget to go over the housing requirements again. Each lender has their own, depending on the type of mortgage program and the credit policy adopted by the bank.

Almost no bank will lend to the purchase if the object:

1. In emergency condition.
2. To be demolished.
3. Has illegal redevelopment.
4. It has no utilities (sewerage, water supply, heating, lighting).
5. Is under burden.

At this stage, it is necessary not only to find a property that will satisfy the borrower and lender, but also to evaluate / insure it.

Step 4. We conclude an agreement with the bank

The property is selected and approved by the financial institution. It's time to sign contracts. Such a transaction involves the execution of 2 contracts: a loan and a pledge.

Please read both documents carefully before signing. Remember, there are no trifles in them. It is these papers that will regulate your relationship with a credit institution for a long time.

Pay close attention to these points:

• % bid;
• the total cost of the loan;
• early repayment rules;
• penalties;
• conditions under which the bank has the right to make changes unilaterally.

Step 5. Registering ownership

All paper formalities with the creditor are settled. Proceed to registration of ownership.

There are several ways:

Electronic registration is gaining more and more popularity among Russian borrowers. For a very reasonable fee, you will save time, avoid the need to visit the registration chamber. Completed documents with an electronic state registration mark will be sent to you by e-mail.

Ownership can also be registered in the classical way by visiting the MFC and submitting the following basic documents:

1. Application for state registration.
2. Passports of all participants in the transaction.
3. Receipt for payment of state duty.
4. Contract of sale.
5. Agreement (mortgage) and pledge.
6. Title documents of the previous owner on the subject of the transaction.
7. Cadastral passport.
8. Extract from the house book.
9. Certificate of absence of debt on a communal apartment.

The registration period stated on the Rosreestr website is 5-12 working days.

Which banks to contact

According to the statistics of the Central Bank, as of April 1, 2018, 386 credit institutions provide mortgage loans. Almost every one of them has at least one state mortgage program with preferential terms.

In order not to get lost in all this diversity, our experts have prepared a traditional selection of the best preferential mortgage offers from 3 Russian banks.

Sberbank

Sberbank is perhaps the most famous universal banking institution in the Russian Federation. The credit institution is the leader in terms of the volume of issued mortgage loans. In 2017 alone, she received 647,000 loans.

In the Sberbank product line, everyone can find a suitable option for themselves. It is not difficult to arrange the housing program you like. To do this, you must sequentially go through 7 necessary steps.

Housing loans from Sberbank have the following advantages:

• attractive interest rates;
• no commissions;
• preferential conditions;
• individual approach to applications.

VTB

One of the largest Russian banks in the retail lending market. Here, anyone can take advantage of a wide range of various banking services and products. There are also loan offers for those who want to acquire their own apartment or improve existing housing.

Some of them belong to the category of preferential:

• military mortgage;
• state-supported mortgage.

Quick decision-making on the application, transparent and understandable conditions, partnership offers from developers - these are the advantages that make VTB mortgages in demand among Russians.

Rosselkhozbank

RSHB is a reliable, large bank with state participation and a wide branch network. The bank serves small, medium, large businesses and individuals.

Clients are offered:

• lending;
• deposits;
• banking service.

There are all main types of preferential housing loans:

Find out the detailed conditions on the website or in the offices of the RSHB.