Given the financial difficulties, for many families in Russia matkapital becomes the only opportunity to improve their living conditions - to make a down payment to purchase an apartment or pay off the balance of mortgage debts.

This is important to know:
• in 2020, the amount of maternity capital is 466,617 rubles.
• The program has been extended until at least the end of 2021.
• Families who have had a second, third, etc. since 2007 can receive funds. child
• If previously receiving money was possible only until the child reached 1.5 years of age, now this period has been extended to 3 years

For what mortgage purposes can you spend it?

Until recently, funds could only be used to purchase an apartment. But with the growing popularity of suburban housing, the program of use was revised and expanded.

In 2020, mortgages are under maternal capital issued for:
• purchasing an apartment in a building under construction
• purchasing an apartment in a new building

You can only take out a mortgage using maternity capital from a bank.

According to amendments to the credit legislation adopted in April 2019, microfinance organizations are prohibited from issuing mortgage loans - that is, loans secured by real estate.

How to get a mortgage with maternity capital

1. Select property to purchase
2. Sign an agreement with the seller
3. Select a credit institution
4. Submit your application by attaching Required documents
5. Wait for approval (decision may take up to 7 days)
6. Provide the bank with the necessary set of documents, sign the mortgage agreement
7. Get funds
8. Register the apartment purchase transaction
9. Transfer funds to the seller according to the terms of the agreement
10. Provide documents to the selected Pension Fund for transferring maternity capital into the account down payment
11. Wait for confirmation from the Pension Fund (up to 10 days) and receipt of money

If maternity capital is used to pay off a mortgage, after transferring the funds you need to contact the banking institution for a recalculation monthly payments.

Attention!

The procedure for performing transactions may vary slightly among different organizations. Therefore, after submitting your application and receiving approval, be sure to clarify what the next steps should be.

Maternity capital as a down payment

There are several nuances that need to be taken into account when using a mortgage loan certificate.
• Transfer of maternity capital from the Pension Fund of the Russian Federation takes from 2 months– if you have not yet applied for funds, take this deadline into account. Moreover, it can take up to six months, so it is better to obtain a certificate in advance, and only then submit an application to the bank.
• When purchasing a home, all family members must receive a share.- both parents and children. Including minors.
• The down payment must be at least 10% of the cost of housing– only maternity capital may not be enough. Taking into account the payments established in 2020, the maximum cost of housing that can be purchased using only maternity capital as a down payment is 4.5 million. When buying a more expensive apartment/house, you need to save up additional funds.
• It is better to choose ready-made housing– when receiving a loan to purchase an apartment in a building under construction, it is difficult to predict the completion date of construction. Unfortunately, some objects remain unfinished or are put into operation with serious delays. This high risk for the bank. And the approval rate for such applications is significantly lower.
• If the mortgage is issued for construction– calculate in advance a detailed estimate with deadlines for completing all work. The reason is similar to the previous point. It is important for the bank to understand at what point the collateral will be put into operation. This will significantly increase your chance of approval.
• Insurance is required– real estate insurance is mandatory when applying for a mortgage loan. This not only reduces the risk of failure, but also significantly reduces the interest rate. In addition, taking into account the duration of the loan, this also ensures security for the borrower himself.

Contrary to popular belief, insurance is not that expensive. And it is processed very quickly.

Features that are important to know

• Parents can use maternity capital when their child reaches 3 years of age
• These funds are not subject to tax
• the period for which this money can be used is not limited - if you think that now is an unfavorable period for buying an apartment, you can wait as long as necessary;
• If you lose your certificate, you can apply for a duplicate
• The law allows you to receive only 25 thousand in cash; Please note that the remaining amount can only be transferred via non-cash transfer.

What documents will be required?

• passport and its copy
• SNILS
• documents confirming income (2-NDFL certificate or certificate issued in the form of a banking institution)
• maternity capital certificate
• documents for a transaction with a real estate seller

If part of the maternity capital was previously used, an extract from the Pension Fund will also be required, which will indicate the actual balance of funds.

The bank may also require other documents - check with the employees of the selected financial institution for the exact list after submitting a preliminary application.

Help reduce the risk of failure additional documents – international passport (especially with travel stamps), documents confirming the presence of a car, etc.

Requirements for borrowers

• Russian citizenship + permanent registration(usually in the region where the bank operates)
• at least 1 year of general experience
• at least 6 months of experience in the current workplace
• age not less than 21 years at the time of loan application and not more than 75 years at the time of full repayment

These are the official requirements. In reality, you need to take into account that each bank has internal unspoken criteria for evaluating borrowers. Plus - a number of general rules.

For example, Socombank most often approves mortgage loans to clients over 35 years of age. It is advisable for younger couples to choose another financial institution.

For approval, it is desirable that the work experience is more than 1 year, employment with a stable salary and a white salary.

It is worth taking care of your credit reputation in advance - and if there are problems, try to improve it before applying for a mortgage loan.

Repaying a mortgage with maternity capital

Matkapital can be used not only to obtain mortgage loan(as a down payment), but also to repay it.

To do this, you will need to provide the bank with:
• passport (along with a copy)
• SNILS
• mortgage agreement
• maternity capital certificate
• documents for purchased housing
• information about the outstanding amount of debt
• an extract from the Pension Fund about the account balance

In accordance with a previously signed agreement and the bank’s internal regulations, funds can be immediately used for early repayment of the debt or distributed over the entire remaining period in such a way as to reduce monthly payments.

TOP 4 offers of 2020

Which banks accept maternity capital as a down payment? Due to the prevalence of the program, there are plenty of options. But really advantageous offers, which will not force you to stand in queues for hours, overpay significant amounts due to high stakes or worry about a sudden bank reorganization - there are a limited number of such proposals.

Mortgage with maternity capital in Rosbank

Mortgage with maternity capital at Alfa Bank

Mortgage with maternity capital at Sovcombank

Mortgage with maternity capital at Otkritie Bank

The list of banks working with maternity capital is quite extensive. Today many financial organizations even welcome its use in lending, since the availability cash subsidy guarantees the availability of a certain reserve of funds. Which banks are ready to issue mortgages with the participation of Matkapital in 2020 and what conditions do they offer their clients?

Advantages of using maternal capital for a mortgage

It's no secret that improvement living conditions is the most popular direction for spending maternity capital. Moreover, Russians often do not have a sufficient amount of money even if they use a subsidy. That's why they turn to banks for borrowed funds. This format allows you to get several advantages at once:

1. money can be spent up to 3 years with the involvement of borrowed money(if you buy it yourself, you will have to wait until the child turns 3 years old);
2. you don’t have to look for money for a down payment;
3. you don’t need to waste time collecting the entire required amount; you can buy a home right away, paying off the borrowed money gradually.

Actually, the use of maternity capital itself is also positive, because the amount of debt owed by borrowers is significantly reduced, thereby reducing the amount of overpayment on the loan.

Use Cases

A family certificate is a means of financial support for families with children. The state is trying to help such people. It is not surprising that many banks want to participate in this. There are several options for using maternity capital for a mortgage:

• use maternity capital as a down payment (not all banks have this mortgage format, which is largely due to the fact that the procedure for transferring funds from the Pension Fund can take several months);
• use maternity capital to pay off existing debt (this scheme can be used in almost any bank in the form of partial or full early repayment of the mortgage).

In fact, the use of maternity capital after registration of a mortgage is possible at any bank. Indeed, in this case, you do not need to obtain permission from a financial institution. It is enough to provide all the necessary documents to the Pension Fund and wait for the funds to be transferred to the bank.

If the money is used as a down payment, the procedure itself will be slightly different. First, you will need to obtain from the bank a certificate of consent to issue a loan under such conditions. Only after this can you go to the Pension Fund. No one will simply believe the word of the certificate owner.

Wanting to use maternity capital when applying for a mortgage, certificate holders often wonder if there are any restrictions regarding the purposes mortgage lending. Naturally, it can be applied exclusively to residential real estate. As for the type of housing itself, there are several options:

1. ready housing;
2. apartment under construction;
3. for the construction of a house (but there are restrictions regarding the expenditure of maternity capital).

The breadth of possibilities depends not only on limitations federal legislation, but also the conditions of the bank in which the client wants to apply for a mortgage loan. For example, some financial institutions offer to use maternity capital only when purchasing an apartment in a new building.

Having decided to purchase an apartment or other residential property with a mortgage together with funds from a family certificate, a person begins to choose a bank. The difficulty lies in finding financial institutions providing this service, and finding the most attractive mortgage lending conditions.

If families will use maternity capital as a down payment, then you can contact one of the following banks:

• Sberbank;
• VTB 24;
• Bank of Moscow;
• DeltaCredit Bank;
• UniCredit Bank;
• Primsotsbank;
• Nomos Bank.

Specialists from the listed financial institutions not only help in obtaining a mortgage, but also explain information regarding the nuances of using maternity capital when lending. All of them undergo appropriate training.

Mortgage + maternity capital in Sberbank

Sberbank, being largest bank countries, offers its clients a large number of programs. There is also the opportunity to use maternity capital issued by the state. Moreover, a separate option is provided for this. There are several options for using maternity capital. It can be aimed at obtaining the following types of mortgages:

1. apartment in a new building;
2. apartment on the secondary market;
3. purchase countryside real estate;
4. home construction;
5. refinancing an existing mortgage.

For such citizens, there is also the possibility of obtaining a mortgage with state support at 6% using maternity capital. In this way, a family can use two subsidies at the same time, significantly reducing its financial costs.

Interest rates on such mortgages start at 7.4% per annum and depend on the purpose of financing. It is most profitable today to buy an apartment in a new building from a developer accredited by Sberbank.

Loan terms here vary from 1 to 30 years. However, the most profitable would be to obtain a mortgage for up to 7 and 12 years, respectively.

The Bank provides for the possibility of reducing base rates on loans. The conditions look like this:

• in the presence of salary card - 0,5%;
• when taking out personal insurance - 1.0%;
• at electronic registration of the concluded transaction - 0.1%.

Additionally, a family can receive benefits from the bank if it has the status of a young family. They consist of an additional reduction in interest rates and the use of a housing certificate issued by the state.

Conclusion

There are quite a few nuances to using maternity capital for a mortgage. It is equally important to find a bank that offers the most favorable terms for such lending.

A lawyer is ready to answer your questions.

The “Mortgage plus maternity capital” program is very popular due to the opportunity to reduce overpayments to a minimum. Now the state pays mothers for their second child assistance in the amount of 453,000 rubles. Below we will provide a list of banks where you can take out a mortgage using maternity capital.

How to get a loan

Please note that maternity capital is not accrued for each child, but is paid only once to the parent who prepares the documents. With this money you can pay the down payment on your mortgage, pay off interest or the remaining debt. The funds can be invested in building your own home.

To get a housing loan using maternity capital, you must:

1. Decide what specific amount you need and mark several options for houses or apartments, depending on your needs;
2. Decide on credit institution, whose programs will suit your needs. Look for the most favorable conditions with the lowest interest rates so that the overpayment is as small as possible;
3. Check to see if the bank will take on a loan for your chosen home. Some organizations refuse to lend to apartments older than 20 years or, for example, houses with wooden coverings;
4. If both parties come to an agreement, an agreement is signed. If it requires a down payment, pay the required amount;
5. After signing the contract you will be given details credit account. Having received these documents, the Pension Fund should draw up an application for the transfer of funds from MK to banking organization to repay the loan. If the application is successfully completed, payment to the bank will be made within 10 days.

Those who are going to use the “Mortgage + Maternity Capital” service need to collect the required set of documents and provide them to the lending specialist at the selected bank branch, attaching a certificate from Pension Fund. After this, you need to submit an application to the Pension Fund to transfer funds to the bank.

Which banks operate under the mortgage + maternity capital program?

Not everyone is ready to wait for the application to be reviewed by the Pension Fund. The most favorable conditions are offered by companies that cooperate with and work according to their standards.

Banks providing mortgages against maternity capital:

• Transcapitalbank- offers a mortgage for a finished home or one in the process of construction. You can use funds from MK. The minimum rate is 8.7% per annum. You can receive up to 50 million rubles for a period of 25 years. There is a down payment of at least 20%. No income certificate is required; you only need to provide two supporting documents.
• Delta Credit Bank- provides loans for the purchase of an apartment at 11.25% per annum for 25 years. Down payment 15%.
• Fora-Bank- for residents of the capital, you can take from 600 thousand for a period of 3 to 25 years. For regions, this amount ranges from 300,000 rubles. The initial contribution is 5%. Interest rate from 14.05%. Only one document is required for issue.
• - has a figure of 9.2% per annum. PV - 20% of the cost of housing. The mortgage can be extended over 30 years.
• Rosselkhozbank - minimum bid- 10%, down payment - from 15%, loan amount from 300 thousand rubles to 30 million, which must be repaid no later than after 30 years.
• FC Otkritie- thanks to the “Apartment + Maternity Capital” program, you can borrow from 500,000 to 30 million rubles and return them within 30 years. For finished housing or new buildings, the annual rate will be from 10%. Down payment from 10%.
• - lends housing in new buildings, as well as on the secondary market at 10.1% per annum. With maternity capital you can pay for the PV, which is equal to 10%. Provided for a period of 3-30 years.
• Primsotsbank- there is a profitable program “Mortgage for maternity capital”, which is planned only for state implementation. certificate and provides for the issuance of 100-453 thousand rubles for a period of 3-6 months. PV from 10%. Interest rate from 14% per annum.
• Severgazbank- issues loans for the purchase of a home at 26%. The down payment will be at least 20%, the amount will be from 200,000, which must be repaid in 4 months.

Family mortgage

If children, starting with the second, were born after January 1, 2018, it is possible to use the program for preferential terms for taking with a subsidy from the state. Please note that the offer is for the primary market only and the subsidized rate is valid for a specific period and not the entire term.

You can take out a loan from any bank, and funds from the loan can be transferred to a lending organization as a down payment or a share of the debt. The most popular banks are:

• Absolut Bank;
• All-Russian Regional Development Bank;
• Bank DOM.RF;
• Moscow Industrial Bank;
• Bank Zenit;
• Gazprombank;
• Tinkoff Bank.

A mortgage for maternity capital in Moscow is one of the key opportunities for parents of two or more children to acquire their own living space. It is not surprising, because when applying for a mortgage, maternity capital as a down payment can significantly reduce the size of the loan and save on interest payments to the bank.

A loan for maternity capital for the purchase of housing in Moscow provides for:

• registration of a targeted mortgage loan with the deduction of a payment equal to the family capital from the amount of debt;
• pledge of living space to a banking institution until the debt is fully repaid;
• final registration of ownership of housing after the removal of collateral from an apartment or house (implemented after the borrower’s final settlement with the bank for payment of the loan amount, interest, commissions and other payments).

How to get a mortgage for maternity capital in Moscow?

According to the law, the owner or owner of maternity capital has the right to use funds to purchase ready-made housing or to use money for its construction. If a family decides to get a mortgage loan in Moscow, the money is transferred to the lender via non-cash payments. At the same time, according to the conditions for using family capital, in 2020 the money can be used for:

• payment of the first payment loan agreement;
• making a contribution towards the debt on a loan for the purchase of living space.

The terms of use of maternity capital prohibit using money to pay off penalties, commissions and fines under the loan agreement. It's important to remember that family capital can be directed exclusively to targeted loan. Actual special purpose funds are recorded in the relevant documents. At the same time, it does not matter when the borrower took out the mortgage - before the right to maternal capital arose or after that.

It should be noted that Moscow banks, including VTB, Sberbank of Russia, DeltaCredit, Rosselkhozbank and many others, provide their clients with the opportunity to repay mortgages with maternity capital in Moscow, developing special credit offers. Such Moscow lending programs have attractive interest rates. You can calculate all the main parameters of a mortgage loan under capital capital using online calculator presented on the website.

Every year the list of such banks increases, as this is an excellent opportunity to reduce risks when issuing a loan.

The most popular banks that offer such programs are:

1. Sberbank.
2. VTB 24.
3. Rosselkhozbank.
4. Alfa Bank.
5. Primsotsbank.
6. Raiffeisenbank.
7. Gazprombank.
8. Absolut Bank.
9. Bank opening.
10. UniCredit Bank.

Lending conditions are approximately the same everywhere.

At the same time, you can apply for a program to purchase housing on the secondary or primary market. This could be an apartment or an individual house.

Almost all of these banks also support a number of other government programs. For example, you can receive money at a reduced rate under the Young Family program. Then the rate will be equivalent to the refinancing rate.

Terms and options

It is possible to issue or use it to further repay the principal amount of the debt (read about how, including for co-borrowers).

Banks that provide mortgages using maternity capital usually set approximately the same conditions.

Let's consider all the options using the examples of a state and commercial bank: a mortgage against maternity capital of Rosselkhozbank and Primsotsbank, respectively.

Mortgage with maternity capital as a down payment for purchasing a home:

Parameter for comparison	Rosselkhozbank	Primsotsbank
Conditions for issuing a loan	Russian citizenship. At least 6 months of work experience with the current employer. One year of continuous experience within the last 5 years.	Age limit from 21 to 65 years. Russian citizenship. Registration in the region where you are going to apply for a loan. General seniority 5 years in the last one year. The required work experience with the last employer is at least 6 months.
Required documents	Passport. Also in this bank you can get a mortgage using two documents, but the cost of the loan will be much higher.	Application form according to the bank form. Passport. Military ID or registration certificate for those liable for military service. Marriage and birth certificates (if available). Certificate of income in the form of a bank or 2-NDFL. Certificate for receiving maternity capital.
Documents about the loaned object	Extract from the Unified State Register. Extract from the house register. Contract of sale. When purchasing an apartment in a building under construction you will need: Extract from the Unified State Register. Participation agreement. Project declaration of the property. Construction permit. Mortgage.	When buying your own house or apartment: Extract from the Unified State Register. Certificate of assessment of a property by a specialist. Extract from the house register. Notarized consent of the spouse to register a mortgage and purchase a home, if he is not a party to the transaction and is not a co-borrower. Cadastral and technical passport. A mortgage on the loaned or other property. A receipt from the seller confirming receipt of the deposit. Contract of sale. To purchase a home in a house under construction you will need: Extract from the Unified State Register. Participation agreement. A copy of the certificate for receiving maternal capital. project declaration certified by government agencies. Construction permit. Construction estimate (if we are talking about an individual house). Cadastral and technical passports. Construction contract individual house, if third-party labor is used. Mortgage. Receipt for payment of the down payment.
Interest rates and loan terms	Depending on the program, the rate varies from 10.5% per annum. When using a mortgage with state support and having a large down payment, you are given this rate, but if you violate the terms of the contract, namely the clause on the extension of insurance, it increases to 18%. The maximum loan term is 30 years.	Interest rates vary depending on availability salary project, the amount of the down payment, credit history, income and other factors. Minimum percentage is 11.5% per annum. The maximum loan term is 30 years.
Type of repayment	Annuity payments	Annuity payments
Partial or full early repayment	Can be done at any time, no commission is charged. Minimum amount for partial early repayment must be 15 thousand rubles. You need to write a write-off application in advance. After the scheduled payment date, you will need to take out a new repayment schedule.	Possible at any time, commission and moratorium are not provided. The minimum amount for partial repayment is 20 thousand rubles. If the contract provides for direct write-off, then there is no need to write a statement. You can receive a new repayment schedule after the scheduled payment date.
Insurance		During the validity of the encumbrance on housing, home and health insurance for the title borrower is required.
Down payment amount	The minimum size is 20%.	The minimum amount is 15%.

VTB 24

It is worth mentioning separately about this bank, as it is integrated into government agencies and can offer some of the most favorable conditions lending.

You can get a mortgage from this bank if you meet the following conditions:

• Russian citizenship;
• permanent registration in the entity where you are going to get credit;
• The borrower's age is from 21 to 65 years;
• total work experience over the last 5 years of at least 1 year and 6 months at the last place of work;
• have an official income.

You can get a loan under these conditions:

1. The mortgage size varies from 400 thousand to 10 million rubles.
2. The contract term is up to 30 years.
3. Interest rate from 11.4% per annum.

Anyone who took out a mortgage against maternity capital from Primsotsbank knows that you will need to take out insurance for the entire loan term. The borrower and the property are insured. You will also need to provide the purchased or other real estate as collateral..

The package of documents is standard and does not differ from the banks described above, but there is also a program that allows you to apply for a mortgage using a passport and a second identification document.

However, in essence, you provide everything the same except for a certificate of income, but the cost of the loan increases by a couple of percent. This program is relevant for those who have high unofficial income.

Sberbank

Sberbank requires the same documents including SNILS of the title borrower, co-borrower and all guarantors.

The big advantage of working with this bank is the ability to choose the repayment method: annuity or differentiated.

The minimum interest rate here is 11.5% per annum under the “Young Family” program.

When receiving a loan on standard terms, the cost of collateral will be from 12.5% ​​per annum.

Terms of service:

• citizenship of the Russian Federation;
• the borrower must have a residence permit in the area where he is going to receive a loan;
• age limit from 21 to 65 years;
• 6 months of experience at the last place of work and one year of continuous work over the last 5 years;
• availability of official income.

The best banks providing mortgages against mat. capital

Based on the table above, it can be seen that lending conditions are more favorable in state-owned banks.

Today it is the following banks which provide mortgages against maternity capital: Sberbank, VTB 24 and Rosselkhozbank.

They can also include Gazprombank, since it is a subsidiary of Gazprom, which is fully supported by the state. However, it is much easier to get a loan in commercial banks .

Difference in interest rate small, no more than 2% per annum, but commercial banks can offer you more flexible terms for extinguishing.

So, you can pay through a bank branch, third-party organizations, their own ATMs or ATMs of partners.

The application processing speed is approximately the same everywhere and does not exceed 10 working days.

In exceptional cases, documents may be required that are not provided standard package, described above.

If problems arise with payment in commercial banks, it is much easier to negotiate and carry out refinancing or restructuring.

However, you should not take out loans from small commercial banks. Otherwise, you risk that the Central Bank will revoke their license due to lack of liquidity or as a result of other violations of Russian legislation.

It is much more profitable and calmer to apply for a mortgage in one of the TOP 100 banks. These lenders expect long-term cooperation and are ready to offer the most convenient loan servicing conditions.

We have prepared additional publications for you, from which you can learn about what is needed to repay a mortgage on an apartment building when applying for a certificate, whether it is possible, how to take it out under an apartment complex, and also about what happens after repaying this housing loan.

Thus, a mortgage using maternity capital is great opportunity buy a home. To use government money, you will need to go through the standard procedure of submitting an application with the Pension Fund (which ones must be submitted to the Pension Fund to pay off the mortgage on an apartment complex?). When the money is transferred, you can proceed to the next stage and apply for a loan.