The Russian government strives to help low-income families acquire their own housing through participation in specially designed programs. Their development is carried out at the federal and regional levels. The concept of “social mortgage for low-income families” includes all existing programs. We invite you to familiarize yourself with the most profitable of them, as well as study the basic rules for providing benefits.
What is a social mortgage
Social mortgage - a special form housing lending, issued on preferential terms. Only families with low level income, in dire need of housing. Social mortgage involves concluding an agreement between three parties to the transaction:
- The bank providing the loan.
- Administration of the region (settlement).
- Low-income family.
Assistance is provided under specifically defined conditions. Each program has its own. Registration of a social mortgage does not imply gratuitous transfer real estate in the ownership of a low-income family, the state takes on only part of the family’s expenses:
- Providing a subsidy in the form of cash assistance, used for partial repayment of the mortgage loan.
- Payment of a certain part interest rate.
- Providing a loan on preferential terms, subject to the purchase of municipal housing.
Regional governments have the right to independently regulate the issue of providing housing to low-income families, including the provision of mortgage benefits. For example, the administration of a locality can put social housing up for sale at a low price, giving the opportunity to buy it for a low-income family.
Only low-income families with children will be able to apply for a social mortgage. As a rule, this happens according to the following scheme:
- The family selects housing, agreeing with the seller to purchase it with borrowed funds.
- The family turns to the bank to apply for a social mortgage. In this case, housing acts as collateral.
- A purchase and sale agreement is being drawn up.
- The agreement is registered with Rosreestr, and ownership rights are transferred to the family. At the same time, a burden is placed on the housing.
- The family repays the mortgage loan in full and the encumbrance is removed.
The imposition of an encumbrance on housing purchased with a social mortgage occurs in any case. This is a mandatory condition of the transaction. An encumbrance limits the rights of the new owner to the property. Without the bank's knowledge, it will not be able to sell or donate housing.
Which family has the right to apply for a social mortgage?
Not every low-income family will be able to get a social mortgage. There are a number of requirements for candidates for benefits:
- None of the family members own housing.
- The family lives in a rented apartment (house).
- Family members are registered in social housing ( communal room, hostel).
- The family lives in housing that does not meet the area standards for one person.
- One family member has an income of less than living wage, installed in the region of residence.
Let us remind you that the conditions for participation in the social mortgage program depend on a number of criteria. You should find out about them in advance by contacting local administration.
If a family already has their own home, it is unlikely that they will be able to obtain a social mortgage. Some regions allow the use of housing benefits, provided that a family lives in the same apartment (house) with another family that is a co-owner of the property.
In the Russian Federation there is a large number of programs that provide benefits for the purchase of housing for large families. Almost all of them are included in one large federal project called “Affordable Housing”. It covers absolutely all families, including low-income ones.
Such programs include:
- Mortgage for young families. Married couples under 35 years of age who do not have their own home will be able to take part in the program. One of the spouses must be on the waiting list for housing. The amount of the subsidy depends on the presence of children in the family. Thus, childless couples will be able to count on assistance in the amount of 35% of total cost real estate, spouses with children – 40%.
- Subsidies for families on waiting lists for housing. Provided in selected regions of the country. It implies partial repayment of the mortgage rate, or the opportunity to purchase municipal housing at an affordable price. Needy families with children who are on the waiting list for free housing will be able to take advantage of the offer.
- Military mortgage. Military personnel under 45 years of age have the right to receive a housing loan on preferential terms. You can buy housing in any corner of the country. At the same time, the allocated budget funds are sent to a specially created account, gradually accumulating. You can use them at your own discretion.
- Mortgage AHML. A specially created government structure provides an opportunity for low-income families to buy their own housing on preferential terms. mortgage lending. The organization is funded by the state. It offers families to reduce the interest rate on their mortgage, buy social housing at low prices or pay a minimum amount down payment. Which offer to choose is up to the spouses to decide.
In addition to the opportunity to participate in federal or regional program, a large family can take advantage of preferential mortgage lending conditions offered by banks. They are interested in attracting new clients, allowing them to buy a home by reducing the percentage of overpayments or the size of the down payment. Similar offers can be found in Sberbank, Rosselkhozbank, VTB 24 and other financial institutions.
A low-income family raising minor children should not forget about the possibility of using maternity capital as a down payment on a social mortgage. It is also allowed to be used to repay the principal amount of the loan.
In some regions, the government has introduced the issuance of its own housing certificates. The conditions for obtaining them should be found out in the social welfare department.
Procedure for obtaining a social mortgage
Despite significant differences in the conditions for providing social benefits for the purchase of housing by a low-income family, the procedure for applying for them is standard:
- A married couple should study the housing programs operating in the region of residence, choosing the most optimal option for themselves.
- The family should make sure whether it is eligible for housing benefits. To do this, you will need to visit the administration of the locality or bank.
- The couple should find out in advance which banks issue social mortgages. It may require a visit to the branch. financial institution in a neighboring city or regional center.
- The family should find out the exact list of documents required for registration housing subsidy by preparing them in advance.
- With the collected package of documents, you should contact the local administration, getting in line for housing, or directly to the bank to determine the chances of loan approval.
- If you are eligible to receive benefits, you must wait until your application is approved. Next, it is possible to conclude a purchase and sale agreement for the apartment and a contract with the bank.
After documentation transactions, a low-income family must comply with all agreements with the bank. In particular, this concerns timely payment of funds. When debt is created, the bank has the right to repossess the property. Local authorities will not allow you to use the program again.
What is the social mortgage for low-income families in 2019? What are its features? We will learn about this from this article.
Social mortgage, intended for low-income families, is considered one of the types state support designed to help citizens with low incomes buy. As such, there is no banking product financing the purchase of housing for the above category of citizens. But low-income families can participate in one of the real estate purchase programs on preferential terms.
What is a social mortgage?
In the broadest sense of the word, social mortgage is housing loan, issued in banking organization on preferential terms and under a guarantee from the state. In this case, the matter concerns cooperation between the direct borrower in the form of low-income families, the state and the financial institution.
But, we repeat, a specific banking product is not provided for this category of families. In this case, it is worth talking about several projects, within the framework of one of which people with a small income can receive support from the state and take out a loan on favorable terms for them.
Three help options may be offered
1. A certain amount of money is issued to pay off part of the mortgage loan.
2. Interest on a housing loan is paid from the country's budget for a specified period of time.
3. A loan is issued on preferential terms, in particular, at a low interest rate.
Many issues relating to the social mortgage program are assigned to regional authorities. We are talking about choosing a project for its implementation in a certain locality and the conditions for its implementation.
Who is eligible to receive such assistance?
In accordance with Federal Law No. 178, low-income families and citizens receive the right to different types state support. Such a family is a unit of society, whose profit and level of income in the aggregate do not exceed or equal the level of the subsistence level that was established in a particular region of residence.
In 2019, the average value varies around 10,000 rubles. Undoubtedly, with such earnings it is impossible to obtain a loan.
Conclusion mortgage agreement on good terms for low-income families occurs with the participation of the state budget. Candidates must meet certain criteria. There may be checks on the accuracy of the information provided. The procedure must be transparent so as not to encounter fraudulent activities on the part of those who wish to take out a mortgage.
First of all, you need to obtain the status of “low-income family”. It must be confirmed and recorded in documents.
The procedure involves calculating official income. This includes various social payments, pensions, scholarships. The final result must be divided by the number of family members, disabled citizens and children in the family. If the result obtained is lower than the subsistence level, the family can be recognized as one that needs state social support.
Another factor is given much attention. We are talking about a difficult housing situation. If you don’t have your own apartment at all, or the area of real estate per person is less than the established norm, then they demonstrate the need to urgently improve living conditions. This moment is also documented, for which you should contact the city’s land department, and also get in line to receive a subsidy.
About social credit programs
As stated earlier, banking products, aimed at mortgage lending to the poor, no. But there are many programs through which families in need can receive not just subsidized assistance, but also more favorable loan conditions.
Optimal options
I.Receiving Project targeted loan for young families. An important condition concerns the age of the applicants: they must be no older than thirty-five years. The benefit in this case concerns the provision of a subsidy for paying the mortgage in installments. 35% of the cost of the home if there are no children, and 40% if there are any. The lowest interest rate is 8.6%.
II.Providing housing for those citizens who are in line. In such cases, the family is entitled to a subsidy to pay the loan in installments, or is given a mortgage on real estate sold by the local municipality. This program is valid only in regions where they have their own housing stock.
If issued targeted loan, you can use material capital if the family has the right to a certificate, other benefits and subsidies.
Where should I go?
Mortgages are issued in banks that are participants in these programs. What you know about mortgages low-income families in Sberbank? Of course, the most popular are Sberbank and AHML (Agency for Housing Mortgage Lending).
The latter is offered:
1) the first payment is 10% of the price of the home;
2) the rate is 9.9%;
3) government subsidy is 20%.
The interest rate at Sberbank can be 11.75%. It all depends on the selected program.
Each region develops its own conditions for the designated projects. You can clarify the point you are interested in with the administration of the locality.
About preferential mortgages
Regardless of the chosen program and the conditions for obtaining a targeted loan, the project to provide social mortgages to the poor has some subtleties. A potential borrower should know the following features:
1) the purchase of a property occurs with the involvement of finance from a specific credit institution;
2) finances are not cashed out, the client cannot receive the amount in hand. It does not matter whether the matter concerns a government subsidy or loan money. Each transaction is carried out in cashless form. It turns out that if part of the mortgage is paid from budget money, or government assistance is expressed in the payment of interest, the money is transferred to a bank account within the specified period. An amount equal to the price of the apartment is transferred by transferring money from the lender’s account to the account of the former owner of the property;
3) the apartment serves as collateral;
4) The buyer receives ownership upon signing the purchase and sale agreement. The new owner has the opportunity to use square meters at his own discretion;
5) Before the mortgage is paid off, a lien is placed on the property. This means that the owner cannot donate, exchange, or sell the apartment.
You need to understand that government assistance and guarantees do not cancel the borrower’s obligations to repay the mortgage loan. Support for low-income families is expressed by facilitating the conditions of the program for purchasing a home using borrowed money.
Mortgage lending to low-income families is carried out within the framework of various government support programs. In this case, the conditions for obtaining a targeted loan will be more favorable than for people with good income. More precisely, assistance is expressed in subsidizing part of the loan and a low interest rate. We must not forget that if the application is approved, then in any case the stability of the family’s income and good credit history applicant.
20.03.2020
Many families who have decided to take out a mortgage should carefully study all the available offers from major banks. It is important to find out at what percentage a mortgage is given in order to choose the most profitable program. Some categories of borrowers can take advantage of government assistance in repaying their mortgage, thanks to which they will be able to significantly reduce the cost of servicing the loan.
How does the state pay off a mortgage?
Everyone can have unexpected situations. They are often associated with a decrease in income, which affects many areas of a person’s life. If there is credit obligations, for example, a mortgage, then you have to save a lot. You also need to look for methods to repay the loan. It is now possible to repay a mortgage at the expense of the state if the decrease in income is due to objective reasons. This allows you to save your home purchased on credit. The rules of the program will be discussed in the article.
Social mortgage for low-income families in 2020
- repayment of part of the interest rate from budget funds;
- allocation of a subsidy, which is used by the citizen only to pay off the loan;
- providing a preferential loan for the purchase of social housing.
Regions are given the right to independently regulate some of the activities to support citizens. Thus, municipalities allocate apartments that they own for sale to low-income families.
Subsidies for low-income families in 2020: about the payment of social benefits
Financing of expenses for subsidies for low-income families in 2020 is provided from the federal treasury. Additionally, at the regional level, authorities decide on the allocation of funds from local budget. The Government of the Russian Federation and municipal authorities provide material support to low-income people by providing:
- sell an apartment;
- give it away;
State program for assistance to mortgage holders - conditions and procedure for receiving subsidies
- passport of a citizen of the Russian Federation;
- full loan agreement for an apartment or house;
- a certificate from the bank about the terms of repayment of the mortgage and the remaining amount of debt;
- certificate of income from work;
- an extract from the Unified State Register confirming the right to ownership of the collateral housing;
- an extract from the Unified State Register confirming the absence of other housing;
- if there is a co-borrower, his income certificate;
- certificate from pension fund about the lack of income of dependent persons;
- certificate from the pension fund about the amount of pension;
- agreement on shared participation (for new buildings);
- assessment of the value of collateral;
- certificate from the bank about the payment schedule;
Payments, benefits and allowances for low-income families
Students from low-income families are provided with a social scholarship in the amount of 2,010 rubles for universities, and 730 – for secondary educational institutions. Starting this year, only recipients of state government can apply for scholarships. social assistance. The scholarship must be applied for annually so that it is awarded every month.
Young families are compensated up to 40% of the cost of housing. These funds can be used either to directly repay the mortgage (paying off an existing loan) or to make a down payment (applying for a new loan). The remaining balance can be paid in different ways:
Conditions for receiving a subsidy for repayment of a mortgage loan
- Select object real estate. It could be an apartment in apartment building; part of a residential building for one family with access to a common area (the house must stand on its own plot of land and have no more than 3 floors); residential building up to 3 floors.
- Sign a purchase and sale agreement or equity participation(DDU) or apply for a mortgage.
How to reduce mortgage debt by 600 thousand rubles: assistance to borrowers from the state
An important point is that if a family has three or more minor children, the requirements regarding the price and area of housing are not relevant. However, according to innovations from 2020, in order to receive 600 thousand to repay the mortgage from the state, the family cannot additionally own any other property, including more than half of the share.
How is mortgage restructuring happening with government help in 2020?
Since the restructuring process is carried out only by banks, and the participation of the state is that its executive agency owns AHML shares, the procedure for obtaining this opportunity will be determined by credit organizations, but with a focus on the agency's instructions. To apply for restructuring, the borrower only needs to go through three steps.
Low-income families: list of all benefits and allowances
Regional authorities often provide low-income families and individual family members with a discount on transport costs. For example, in Novosibirsk, schoolchildren and students have the right to use them. And in educational institutions the latter is awarded a special social stipend.
Preferential mortgage from January 1, 2020
The Baranovs are expecting their second child in May 2020. The family pays off a mortgage taken out from one of the Russian banks, at 13.5% per annum. Monthly payment amounts to 23,500 thousand rubles, which is quite difficult for a family with a two-year-old child, since the mother does not work and does not receive benefits.
State assistance to low-income families
State aid low-income families in Russia are provided in accordance with a whole list of regulations and legislative acts. First of all, citizens in need need to pay attention to the federal law, which establishes which family is considered low-income.
Social mortgage for low-income families in 2020-2020: how to apply for and receive, conditions, laws, news
- people buy real estate with borrowed funds;
- money is not handed over to them. They go directly to the seller;
- the right of ownership is acquired by a citizen from the date of signing the purchase and sale agreement, the owner uses the property at his own discretion;
- the apartment acts as collateral for the loan;
- a citizen gets rid of the encumbrance after full repayment of the debt; before that he does not have the right:
- sell an apartment;
- give it away;
- use as collateral;
- In case of regular non-payment, the bank has the right to return the money through the sale of the collateral property.
One of the main concerns of the state is to provide people with their own housing. Unfortunately, there is no social mortgage as such for low-income families. Citizens with low incomes are invited to join one of the available programs.
Let's consider what conditions for purchasing an apartment or house are offered to low-income families in 2020.
Definition of social mortgage
A social loan is one provided on preferential terms under state guarantees.
That is, this is a form of triple cooperation:
- power, more specifically, its executive branch;
- financial institutions various forms property;
- citizens.
The state provides the following types of support to families who are unable to pay the loan on their own:
- repayment of part of the interest rate from budget funds;
- allocation of a subsidy, which is used by the citizen only to pay off the loan;
- providing a preferential loan for the purchase of social housing.
Characteristics of social mortgage lending
The general features of social mortgage lending are:
- people buy real estate with borrowed funds;
- money is not handed over to them. They go directly to the seller;
- the right of ownership is acquired by a citizen from the date of signing the purchase and sale agreement, the owner uses the property at his own discretion;
- the apartment acts as collateral for the loan;
- a citizen gets rid of the encumbrance after full repayment of the debt; before that he does not have the right:
- sell an apartment;
- give it away;
- use as collateral;
- In case of regular non-payment, the bank has the right to return the money through the sale of the collateral property.
Who is issued a social mortgage for the poor?
Spending of budget funds is strictly controlled. The law prohibits providing assistance to people provided with normal living conditions.
This means that there are criteria for participation in programs. They are slightly different from each other. However, common features can be identified.
People can get a social mortgage:
- huddling together with other families in the same apartment;
- do not own living space;
- registered in a communal apartment or dormitory (periods of study or seasonal work are not considered);
- living in premises that do not comply with:
- area standards (set by each federal subject separately);
- sanitary and technical requirements(recorded in Housing Code RF).
Types of government programs suitable for low-income families
This is the program “Affordable and comfortable housing for Russian citizens.”
The project includes various subprograms of federal and regional significance.
They should cover the main population groups, ideally everyone.
Social mortgage for young families
This program is implemented by providing subsidies to citizens who have not celebrated their 35th anniversary. In this case, children are important in the family, and one parent is allowed. The applicant is required to stand in line for an apartment.
The percentage of state support is distributed as follows:
- families with children can count on 40%;
- while childless - by 35%.
The budget pays for square meters calculated according to standards on average of 18 square meters. m per person.
Lending to the military
This program is designed to provide housing for military personnel and their families. Budget money goes to special accounts and accumulates there.
The applicant spends them only on purchasing housing at his own discretion.
Military personnel can purchase real estate in any corner of the country. But they are subject to stricter banking conditions. In particular, the age is limited to the borrower being 45 years old at the time of repayment of the mortgage.
Lending to young professionals
The program operates in some regions of the Russian Federation. Mortgages are provided to persons:
- willing to move to the countryside;
- scientists up to a certain age;
- those who worked 150 hours in construction teams and others.
Specific criteria should be clarified with the regional authorities.
Support for people on waiting lists for housing
This program is aimed at meeting the needs of individuals who have long expressed their needs. Help is provided in the form of:
- subsidies for mortgage repayment;
- lending to social housing sold by the municipality at reduced prices.
Maternal capital
Families from the state receive a certificate for the established sum of money after the birth of the second and subsequent children.
It is allowed to be deposited into a banking institution as:
- down payment;
- repayment of the principal amount of the mortgage.
Mortgage AHML
The Home Mortgage Lending Agency is government structure, engaged in allocating funds to the population for the purchase square meters into the property.
The agency offers preferential terms, which are more suitable for low-income families than others:
- reduced lending rate;
- minimum down payment;
- social housing at prices below market prices.
Advantageous offers from financial institutions
| Bank | Name of the loan program | Bid | Sum | Term | An initial fee |
| Bank of Moscow | Maternal capital | 14,95% | from 500 thousand rubles. | up to 50 years | Maternal capital |
| Rosselkhozbank | Maternal capital | 11,9 - 14,5% | 3 thousand - 600 thousand rubles. | up to 25 years | No |
| Young family | 11,9 - 14,5% | 3 thousand - 600 thousand rubles. | up to 25 years | 10% | |
| Sberbank | Military mortgage | 11,75% | up to 2,050,000 rubles. | up to 20 years* | 20% |
| Purchase of housing under construction | 10,4 - 10,9% | 45 thousand - 15 million rubles. | up to 30 years old | from 15% | |
| VTB 24 | Mortgage for the military | 12,1 - 13,1% | up to 2 million rubles | up to 14 years old* | 20% |
| AK Bars | Providing housing for young families | 14,5% | from 100 thousand rubles | 1-20 years | from 10% |
| Snezhinsky Bank | Young scientists | 10 −10,5% | from 300 thousand rubles. | up to 25 years old. | 10% |
* The loan is provided on the condition that the serviceman repays it before reaching 45 years of age.
The conditions of credit institutions depend on key rate Central Bank, therefore may change.
The procedure for applying for state assistance
Although all programs are different, there are general rules providing access to them for citizens.
The procedure can be schematically represented as follows:
- Explore all available offers. Compare conditions.
- See if the family falls under the specific conditions of the program.
- Find out which banking institutions in the region work with the budget.
- Read the terms of the loan. Special attention pay attention to nuances, for example, whether it is allowed to contribute maternal money as a mortgage payment.
- Find out what documents are required to be submitted to the government agency and credit institution.
- Collect papers.
- Contact your local administration (another institution involved in the mortgage program) with an application. This must be done in the first half of the year, since the queue of applicants for state support is formed in advance.
- Wait for the government agency to approve the application.
- Receive a certificate or open an account.
- Contact desired bank for a mortgage.
- Buy the desired housing (house or apartment).
- Pay your share carefully.
Last changes
In April 2019, a law on “mortgage holidays” was issued, according to which borrowers who find themselves in difficult life situations can be provided Grace period: 6 months within which these persons will be able to suspend loan payments or reduce their size.
These rules will apply to people who have lost their jobs, received 1-2 groups of disability, or lost their breadwinner. They will also apply to existing credit relationships.
Our experts monitor all changes in legislation to provide you with reliable information.
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March 6, 2017, 11:36 Oct 10, 2019 23:33 
Low-income citizens have the right in Russia to receive a wide range of social and financial services. State assistance covers all important issues related to the livelihood of the family.
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At the same time, you need to understand how to get a mortgage for low-income families at Sberbank in Russia (social) in 2020. For this category of citizens, the conditions will differ from the standard offers of banking organizations.
Initial information
Registration of low-income status has several goals. But the main one is receiving assistance from the state due to low income.
It is precisely to eliminate the difficulties associated with this state of affairs that the assistance program for this category of beneficiaries is aimed.
Mortgage lending is one of the most simple ways obtaining housing for the majority of the population.
Low-income citizens can also buy their square meters through a mortgage. Despite them financial position, the state offers registration of benefits.
Social mortgage involves more low interest on rates and subsidies for payments. Obtaining this type of loan requires meeting a number of requirements. And the algorithm itself is not simple, since it involves many stages and checks.
After all, in in this case cash injections from the budgetary sphere are used. And the entire procedure must be transparent and without fraud on the part of candidates.
Definitions
When drawing up this type of agreement, familiarization with the standard and basic set of vocabulary is required. This will allow you to understand all the processes that occur when receiving a loan:
| Term | Designation |
| Low-income family | A category of citizens who do not have enough finances to live. In this case, their income level must be lower than that established in their region of residence |
| An initial fee | The amount of funds required to obtain a loan mortgage program. It is assumed as the first payment, without which the agreement cannot be completed |
| Interest rate | The indicator by which remuneration is calculated for the lender on the funds issued. The size depends on a combination of factors for the borrower |
Who can receive
Registration of a social mortgage is available to certain categories of citizens. The poor are one of them. In this case, its citizens who have an official status of this nature can apply for assistance from the state.
To recognize a family as low-income, it is necessary to calculate the income of this entity. Initially, they rely on the amount of official family income.
The following are taken into account:
- social payments;
- pensions, scholarships;
- wage;
- income from business activities.
The resulting indicator is compared with the level of the cost of living that is in effect at the time of calculation in the region. If it is lower, then the family may be assigned low-income status. If it meets the standard, then the status will be denied.
Legislative regulation
The legal regulation of this issue is determined by several legal acts. Federal Law No. 178-FZ “On State Social Assistance” becomes the main law in this area. It contains information regarding registration of status and requirements for candidates.
In terms of determining the possibility of mortgage lending, one should consider the Decree of the Government of the Russian Federation No. 28 “On measures to develop the housing mortgage lending system in the Russian Federation.”This document provides basic concepts in the area of benefit distribution. But there is also a separate preferential program for providing housing subsidies.
It operates in accordance with the Decree of the Government of the Russian Federation No. 404 “On some issues of the implementation of the Housing for Russian Family program within the framework of state program Russian Federation Providing affordable and comfortable housing and utilities citizens of the Russian Federation."
Benefits under the program include the following items:
- reduction of the down payment or its absence;
- lowering mortgage interest rates;
- subsidy for repayment of part of the loan with government funds.
Important aspects
Applying for a mortgage of any type requires familiarization with the basic factors of the procedure. The fact is that in the course of such an agreement, there are several nuances.
Thus, a low-income citizen needs to receive an official conclusion about his status. Despite the fact that the standard algorithm is used, this may take time - up to a maximum of two weeks.
Only after receiving a low-income family certificate can you apply to be placed on the housing queue. To do this, visit the department for land issues in the administration of the locality.
They will decide whether it is possible to provide a subsidy for the purchase of square meters or whether citizens can expect completely free housing.
Subsidiary funds for the purchase of housing can be combined with such payments as maternal capital and with our own funds.This reduces the total number borrowed money. All money transfers are made in cashless form. This protects against fraud and misuse of finances.
When receiving a mortgage through Sberbank, you need to carefully consider the proposed program. And after receiving a loan agreement, you can use all calculation tools to check the profitability of the deal.
Conditions of receipt
There is no separate program for the poor in this banking organization. But you can get funds through several benefit programs- for the military and for young families. According to the young family program, the most favorable conditions.
They include the following provisions:
When carrying out a number of additional actions, you can count on interest discounts:
With regard to the down payment, the situation will differ depending on what type of real estate and for what period is purchased. Thus, the amount varies from 10 to 30 percent of the cost of housing.
List of documents
The following are considered mandatory documents when drawing up an agreement:
This standard set, which can be supplemented with evidence of ownership of other property. In this case, they prove their solvency in the event of non-payment of the principal amount of the debt.
Is it possible to get a mortgage for low-income families at Sberbank online?
Mortgage lending at Sberbank is also available online. You can submit documents for consideration through Personal Area in system. For bank users this procedure does not require additional documents.
The mortgage application has several items that must be completed. The more information this document contains, the greater the chances of receiving a positive decision.
The form looks like this:
After the citizen has decided on the mortgage program on the website, you need to click on the fill out application button and enter all the information into the form. After review, a bank representative will contact the applicant.
Reasons for refusal
There are several factors that influence a bank's positive decision. You should remember these points:
Underwater rocks
Payments on such a loan will be standard and in case of evasion of payment, they will be confiscated and public funds. And you can’t get them again. Therefore, you need to be careful when drawing up an agreement and correctly calculate your strength to repay the debt.
It will be cheaper and more reliable to obtain a loan through AHML. This state organization, therefore there are more guarantees. Plus, it is important to choose the right type of property so that the developer is reliable.