VTB: mortgage issuance in Russia in 2021 reached a record 4.2 trillion rubles

Conditions for obtaining a mortgage at VTB

The bank provides 5 mortgage programs for the purchase of housing in new apartment buildings or on the secondary market. In 2021, according to the terms of the loan, participants in social government programs and recipients of military certificates can count on preferential lending terms.

VTB cooperates with large real estate companies, together with which it develops promotions that make it possible to obtain a mortgage on acceptable terms. For example, when choosing housing with an area of ​​65 sq. m rate decreases by 0.7%.

To obtain a mortgage you need to take out insurance:

• in case of death or disability (optional);
• from the risks of damage/loss of housing.
• against the risk of loss of ownership of real estate - title insurance (optional).

Also read: Consumer cash loan at VTB 24: conditions, rates and reviews

What does VTB offer to buy with a mortgage?

VTB does not allocate mortgage funds for all housing. Official documents indicate clear requirements for the type of space.

Acceptable property types

The company offers its customers to purchase:

• apartment;
• apartments;
• townhouse;
• House.

Or a share in all of the listed types of real estate.

The bank does not consider the following as mortgage housing:

• commercial premises and those that have the status of “non-residential building”;
• houses that are not intended for regular habitation;
• real estate objects outside Russia, where there is no VTB office;
• encumbered living spaces;
• houses and apartments with unacceptable layout.

Housing requirements

The lending institution puts forward a number of requirements for residential real estate that is eligible for a mortgage. The object must:

• comply with sanitary and technical standards;
• be equipped with heating, electricity, water supply, sewerage and running water;
• have a kitchen or kitchen block + bathroom.

Additional requirements are put forward for each individual type of real estate:

• The apartment or apartment should not be: emergency housing;
• an object that is subject to demolition;
• worn out by more than 65%;
• being in a house where the walls are made of wood;
• Accommodated in a hostel or hotel house.

Even if the residential premises meet all the requirements, the bank may refuse to issue a mortgage to clients who want to purchase housing in the following regions:

• urban district of Norilsk;
• Taimyr region of the Krasnoyarsk Territory;
• Magadan and the Magadan region.

Programs and interest rates

The minimum down payment for most mortgage programs is 10%. And the size of the base interest rate depends on the region of the borrower, the term and amount of the mortgage.

Buying secondary housing

You can purchase an apartment in any region, in any locality of the Russian Federation. The main thing is that the property meets the bank's requirements. They relate to the condition of the object, its legal purity, the year the house was built, etc.

In general, it is important for the bank that the facility is not in disrepair, has doors and windows, and all necessary communications. After preliminary approval, VTB will familiarize the borrower with the requirements and send them to search for a suitable property.

Tariffing of the program:

• loan amount within 600 thousand - 60 million rubles;
• base rate - 8.4%;
• for a down payment of more than 50%, the rate will be 7.7%;
• for filing an application online, VTB reduces the rate by 0.3%;
• if the down payment is less than 20%, the rate increases by 0.5%;
• The term of the contract is up to 30 years.

It is better to apply for a VTB mortgage online, as the rate for this is reduced. After receiving approval, the borrower selects housing and collects documents for it. Before concluding an agreement, the bank will check the legal cleanliness of the apartment.

Mortgage calculator

There is a loan calculator on the bank's official website. It can be used to calculate approximate mortgage terms for individuals. You need to indicate the type of housing, the amount of the entry fee and check additional parameters.

For example , let’s choose the type of mortgage “apartments in a new building”, note that the area of ​​the apartment is more than 65 square meters. m, mortgage amount - 3 million rubles, down payment - 600 thousand rubles. (without it a mortgage will not be issued), the amount of income per month. – 60 thousand rubles, term – 30 years. After calculation, we get a rate of 8.9% and a monthly payment equal to 19,139 rubles.

VTB 24 mortgage programs for purchasing a home in 2021

Let's take a closer look at each of the available mortgage programs in 2021.

“Mortgage for housing in a new building” - interest rate, conditions

The most common and popular lending option. Using this mortgage program, you can choose a new property or apartment on the primary market, under the following conditions:

• annual interest rate for apartments with an area of ​​more than: 65 sq. m. - from 10.1%
  , 100 sq.
  m. - from 9.7%
  ;
  less than 65 sq. m. - from 10.2%
  ;
• loan term - up to 30 years
  ;
• the amount provided is from 600 thousand to 60 million rubles
  ;
• down payment of 10%
  of the cost of purchased housing.

The bank offers insurance for this type of mortgage.

• To obtain a mortgage, you must have permanent registration in the region in which the loan request is made;
• confirmation of income will be required in various forms (certificates in form 2-NDFL and in the form of VTB Bank);
• provide for the possibility of requesting income from different sources;
• It is possible to register up to 4 guarantors with a request for confirmation of their income;

The procedure for obtaining a mortgage is on the page.

"Mortgage for secondary housing"

Also in demand is a program on the basis of which the bank provides a loan, taking into account on similar conditions (as a loan for a “new building”), the area of ​​the apartment:

• less favorable conditions for apartments with an area of ​​less than 65 square meters. m. - from 10.2%
  ;
  housing area more than: 100 sq. m. - from 9.7%
  , 65 sq.
  m. - from 10.1%
  ;
• loan term - up to 30 years
  ;
• loan amount: from 600 thousand - up to 60 million rubles
  ;
• down payment of 10%
  of the cost of the selected home.

The bank offers insurance for this type of mortgage.

“More meters - lower rate”

The bank provides favorable additional conditions for clients who plan to purchase an apartment with an area of ​​more than 65 and more than 100 square meters. meters. In addition to the interest rate and down payment, other parameters are similar to the previous “New Building” program:

• interest rate for apartments with an area of ​​more than: 65 sq. m. - from 10.1%
  , 100 sq.
  m. - from 9.7%
  ;
• loan term - up to 30 years
  ;
• the amount provided is from 600 thousand to 60 million rubles
  ;
• down payment of 20%
  of the cost of purchased housing;

The bank offers insurance for this type of mortgage.
Conditions for receiving:

• To obtain a mortgage, you must have permanent registration in the region in which the loan request is made;
• confirmation of income will be required in various forms (certificates in form 2-NDFL and in the form of VTB Bank);
• provide for the possibility of requesting income from different sources;
• It is possible to register up to 4 guarantors with a request for confirmation of their income;

The procedure for obtaining a mortgage is on the page.

Mortgage refinancing

This program is aimed at improving the interest rate and payment terms of the existing mortgage.
VTB Bank periodically updates the conditions for mortgage refinancing, depending on changes in external factors. Conditions in 2021:

• interest rate - from 10.1%
  ;
• currency – Russian rubles;
• the amount of the loan issued is no more than 90% (for salary clients of the bank) of the cost of the purchased property;
• loan period – up to 30 years
  (according to 2 documents – maximum up to 20 years);
• the amount of the loan provided is up to 30 million rubles
  ;
• There are no fees for applying for a loan;
• There are no restrictions or penalties for early repayment.

Registration and confirmation of income:

• To obtain a mortgage, you must have permanent registration in the region in which the loan request is made;
• confirmation of income will be required in various forms (certificates in form 2-NDFL and in the form of VTB Bank);
• provide for the possibility of requesting income from different sources;
• It is possible to register up to 4 guarantors with a request for confirmation of their income;

Details on mortgage refinancing are on the page.

Mortgage for the military

Used to improve the living conditions of Russian military families.
Conditions for mortgage lending to military personnel at VTB:

• loan amount up to RUB 2,450 million
  ;
• interest rate - from 9.8%
  ;
• loan term - up to 20 years
  , with the condition that at the end of the loan must be no older than 45 years;
• down payment – ​​from 15%
  of the cost of the purchased property.
• state programs accrue indexed target contributions to the NIS participant’s savings account;
• after 3 years of participation in the NIS, the target contributions available on the savings account can be used as a down payment on a mortgage; the remaining cost of the apartment is paid by the bank under this mortgage program;
• repayment of the loan during the loan period will be carried out at the expense of NIS contributions transferred by the state (in the case when the borrower remains a member of NIS and continues to serve);

Details about mortgages for military personnel on the page.

The procedure for obtaining a mortgage is on the page.

"Victory over formalities"

Not every borrower has enough time to collect a full set of documents.
It is for this category of clients that this program is intended. The conditions of this program are as follows:

• the amount provided by the program is from 600 thousand to 30 million rubles
  ;
• interest rate on a loan for an apartment with an area of ​​more than 65 sq.m - from 10.6%
  ;
• the rate for the purchase of other apartments is from 11.1%
  ;
• mortgage refinancing at a rate of 11%
  ;
• loan agreement term - up to 20 years
  ;
• down payment: for secondary housing - at least 40%
  of the cost of the purchased property, for new buildings -
  at least 30%
  ;
• inclusion of maternity capital in the down payment is not provided
  ;

The second name of this program is “Mortgage under 2 documents”.
This program is aimed at purchasing an apartment in a new building and on the secondary market, as well as refinancing the existing mortgage program. According to the terms of the “Victory over formalities” program, an increase to the interest rate established for standard mortgage registration (for the absence of additional difficulties in collecting documents). In order to become a participant in this mortgage program, it is enough to send an application to VTB-24 via the Internet and attach copies of 2 documents to it:

• passport;
• SNILS (Russian Federation certificate of pension insurance) or TIN (individual taxpayer number) for a category of persons who, in accordance with the legislation of the Russian Federation, are not required to have a SNILS (for example, military personnel).

The main disadvantage of the program is the inflated down payment without the possibility of using maternity capital.
Details on the mortgage program “Victory over formalities” on the page. The procedure for obtaining a mortgage is on the page.

Collateral property

This mortgage is aimed at providing financial support for the purchase of housing that is pledged to the bank and put up for sale by the owner. At the same time, it is allowed to purchase an apartment in a new building or for secondary housing;

• the amount of the loan provided is from 600 thousand to 60 million rubles
  ;
• interest rate on the loan – from 10.6%
  ;
• lending period – up to 30 years
  ;
• down payment under the program – from 20% of the cost
  of the purchased property;;
• Comprehensive insurance available.

The disadvantage of this program is the settlement of possible controversial legal issues, for example, the eviction of the owner’s relatives living in the apartment. The procedure for obtaining a mortgage is on the page.

"Secured by real estate"

This program is aimed at securing the requested loan as collateral for an apartment in an apartment building located within the city in which the VTB branch is located that issues the mortgage.
The collateral apartment can be the property of the borrower, as well as a spouse or one of the family members. In this case, the one who is the owner acts as a guarantor. Conditions:

• the amount of the loan provided is from 600 thousand to 15 million rubles
  ;
• interest rate on the loan – from 12.2%
  ;
• lending period – up to 20 years
  ;
• the loan amount under the program is no more than 50% of the value of the purchased property;
• Comprehensive insurance available.

This program provides funds for the purchase of apartments on the primary and secondary markets. Various segments of the population can take advantage of the offer, subject to certain conditions. In addition, certain categories can use government certificates for the down payment or interest payments, for example, Russian military personnel and parents (maternity capital). Applications received from citizens are processed within 4-5 days. If the commission makes a positive decision, then the applicant has 122 days left to obtain a mortgage. This time can be spent selecting the most suitable housing and completing paperwork. The list of the latter can be found at any time on the official website of VTB 24. Housing can be purchased throughout Russia.

How to submit an online application for a mortgage at VTB

At the first stage of applying for a mortgage, you need to leave an online application:

• Go to the VTB website, select the type of mortgage and fill out the electronic form with your passport data, information about your job and real estate. The high probability of approval directly depends on the completeness and reliability of the data provided.

• Submit your application for review and wait for a call from a bank representative.
• Complete the registration procedure on the website to log into your personal account and see the status of your application.
• Wait for the decision. The application review period is up to 2 days. You will receive the answer in an SMS notification. You can also find out the solution in your personal account.

If approved, VTB will give you time to think about the decision - 122 days. If the terms of the mortgage suit you, then you can proceed to searching for real estate and registering it with Rosreestr.

Why VTB does not reduce mortgage rates

Unfortunately, the possibility of filing such an application and even the existence of grounds do not guarantee that the bank will agree.

Failure may be due to:

• the borrower himself is to blame for the deterioration of his financial situation;
• the disability is temporary and/or not serious enough to warrant renegotiating the terms of the contract. It’s one thing to recover from a spinal injury, and quite another to spend a month with a sore throat;
• The bank does not consider the borrower’s changed financial situation to be a compelling enough reason to revise the terms of the loan.

In fact, the bank can refuse without explanation and will have every right to do so.

How to get a mortgage at VTB

The process of obtaining a mortgage includes the following steps:

• Choosing housing is the first thing you need to start with. You can search for real estate yourself or use the database of developers accredited by the bank.
• Property valuation. The cost of housing is determined by an appraisal company, whose services will be paid.
• Insurance – it can be obtained from any insurance company.

Memo to the borrower : by taking out insurance not only for real estate, but also for life and health, you can reduce the overpayment on your mortgage.

• Making a decision - you need to take the prepared papers and take them to the VTB branch. According to the bank's rules, a decision is made within 3 to 7 days.
• Making a deal. The bank provides two options for registration: using a deposit or letter of credit. In the first case, you open an account, sign documents and draw up a purchase and sale agreement. The bank places the loan funds in a safe deposit box, and after registering the agreement with Rosreestr, the seller gains access to it. In the second case, the money is immediately transferred to his account, but is blocked until all papers are signed and the registration of the transaction is confirmed.

Also read: Refinancing loans at VTB 24 Bank: conditions, rates and reviews

How to pay a mortgage?

VTB does not limit its clients in terms of mortgage repayments. You can make payments according to schedule or pay off the debt ahead of schedule.

Making payments

To make payments, the bank issues a debit card to the borrower. It is debited on a monthly basis. The date is selected at the time of signing the contract - the 2nd or 15th. You can top up your plastic account in several ways:

• through an operator at the bank's cash desk;
• at a VTB ATM that accepts cash;
• through the terminal using a plastic card from which the payment is transferred;
• in your VTB Online personal account;
• at the Russian Post office.

Early repayment

Pay off your mortgage early in one of the following ways:

• Complete debt closure. Notify the bank in advance of your intention to close your mortgage loan. Otherwise, only the scheduled payment will be debited from the card. Pay the entire amount of the remaining debt, first recalculating the interest already paid.
• Partial early repayment. First, write an application at the VTB branch (a sample can be viewed here). You can choose how your funds will be distributed: the monthly payment will be reduced;
• The term of using the mortgage will be reduced. In the second case, the payment amount will remain the same.

List of required documents

List for consideration of the application:

• Russian Federation passport.
• Employment history.
• Papers confirming the level of income - certificate 2-NDFL or according to the bank form.
• SNILS.

We have prepared for you a sample certificate in the VTB form:

The complete package of papers, in addition to those listed, includes an insurance policy, a mortgage, a borrower’s questionnaire, a purchase and sale agreement, etc.

Customer profile

To complete the transaction, you need to fill out an application. The document is developed in the form of a questionnaire with a list of questions to which correct and correct answers must be given. The form consists of 7 sections, which reflect all the information about the borrower, as well as two applications.

The first application contains information about the requested loan. The second contains additional data. For example, if you have a second job or property, information about which cannot be displayed in the main sections, like other necessary data.

You can fill it out on the bank’s website. It is extremely important to correctly reflect all information in the document. Therefore, we recommend filling out the form in the presence of a bank consultant.

How else can you reduce your mortgage interest rate?

VTB 24 is not the only bank that issues mortgage loans.

If the borrower is not satisfied with the current rate, he should consider refinancing with another bank. Especially if the difference in the rate is over 1.5-2%, and the loan will have to be repaid for a long time.

There is another trick to refinancing. You can try to submit an application to VTB for a rate reduction, and if you receive a refusal, declare your intention to refinance with another bank.

If possible, even present an offer that was made by another commercial bank.

It is quite possible that in order to retain the client, VTB will agree to revise the rate, but no guarantees can be given here either.

Contacts of the mortgage department at VTB

The issuance and servicing of real estate loans is carried out at mortgage centers. These are bank branches with expanded functionality for customer service, accompanying all mortgage transactions from the moment of application until the full execution of the agreement. In the centers you can get detailed advice on all programs and choose the optimal loan conditions.

Additionally, you can call the toll-free hotline number: 8 (800) 100-24-24. Bank operators will answer all your questions.

What are the requirements for the borrower?

Getting a mortgage loan from VTB 24 is quite simple. As soon as the questionnaire is sent, a bank employee will contact the potential borrower, and the decision to issue a loan will be made within one or two business days. The solution is usually presented in the form of an SMS message. For further registration, you will have to come to the company branch with all the necessary documents.

The terms of the VTB 24 mortgage must be fully observed, and it is important to take into account the requirements that apply to all potential borrowers. These include the following:

• age must be at least 21 years old at the time of application, and at the date of full repayment of the mortgage - no more than 75 years old;
• The total length of service must be more than one year, and at the last place of work - at least six months;
• having a permanent, official and sufficiently high income, which should be enough to cope with monthly mortgage payments without compromising the family budget.

Having a bad credit history is not allowed. If in the past a citizen took out loans and did not repay them in accordance with the terms of the loan agreement, then there is a high probability of being refused when applying for a mortgage.

Mortgage FAQs

How to remove the encumbrance from an apartment after paying off the mortgage?

After paying the loan in full, you need to remove the encumbrance from the apartment, i.e. restrictions that were imposed on housing in the form of collateral during the loan application process. Without going through this procedure, you will not be able to fully manage the property.

The step-by-step instructions for removing the encumbrance look like this:

1. After repaying the loan, visit the VTB branch and write a corresponding application.
2. Prepare the necessary documents: passport, purchase and sale agreement, housing papers and a bank certificate confirming full payment of the debt.
3. Visit the Rosreestr branch in your city and provide the listed papers.
4. Wait for changes to be made to the Unified State Register.
5. Wait for the certificate of ownership to be issued.

Documents are reviewed within five days, after which updated data will appear in the register. A new certificate can be prepared within 1 month.

Is it possible to sell an apartment with a mortgage?

It is possible to sell an apartment, but under certain conditions, since there is an encumbrance placed on it. All real estate transactions must be approved by VTB before the debt is paid in full.

The desire to sell a home is determined by the following reasons:

• Inability to service the mortgage.
• Buying a new apartment with better living conditions.
• Various family and household circumstances.

There are four options for selling a home on credit:

• After paying off your mortgage early.
• Sale with mortgage repayment in the process of closing the transaction.
• Selling an apartment along with credit debt.
• Sale of housing by the bank.

How to lower the mortgage rate VTB 24

If there are grounds for lowering the mortgage interest rate, then the first thing you need to do is to draw up a request to lower the rate, indicating the reasons.

As a reason, by the way, one can point out a significant difference between the current rate and offers for new mortgage loans. But there is no guarantee that such a basis will lead to the desired result.

The application must indicate:

1. Full name, passport details, other information identifying the citizen.
2. Details of the mortgage loan agreement.
3. The current rate and the one that the client would like to receive after the restructuring.
4. Contact details, even if they were indicated in the loan agreement and have not changed since then.

You can always ask for the current form for such an application at the VTB office or download it from the official website.

Customer reviews about mortgages at VTB

Skryagin Valentin:

“I was given a loan for an apartment by VTB 24 Bank. I liked the staff here. The staff is polite and quickly resolves all registration issues. After providing the documents, I was offered a rate of 12.5%. Quite acceptable and on par with other banks. The mortgage was issued the next day after the registration of the sale and purchase. No delays or delays. The term is 20 years, so the payments are quite affordable for me.”

Alena Nikolskaya:

Oleg Shokhin:

“I received my first and, I hope, last mortgage from VTB Bank. This is my second year of paying off the loan. I chose the bank after reading several reviews on one of the forums, which talked about low rates and fast processing. People didn’t lie, everything is true. It was not possible to obtain the minimum percentage, but the proposed conditions suited me. The decision to issue a loan was not delayed. The response to the application came the next day. I received final approval within 2 days after submitting all the documents.”

Nina Pushnova:

Is it possible to reduce the interest rate on a VTB 24 mortgage?

A reduction in the VTB mortgage rate is possible, and moreover, it happens regularly. For example, back in 2021 the bank issued loans at 13-14% per annum.

However, the new conditions do not apply to those who are already paying off a mortgage loan from this bank.

The offer is always valid only for new clients, as well as for those who came to refinance loans issued by other credit institutions.

However, this does not mean that all mortgage holders are doomed to pay the loan on the old terms.

Even if there is no desire to refinance the loan with another bank, there is a way out - restructuring.

Pros and cons of refinancing

Like any type of lending, VTB 24 refinancing has its positive and negative sides. Among the advantages of the program are loyal conditions for payment terms, reduced interest rates and prompt consideration of applications from borrowers. Also a clear advantage is the ability to refinance up to 6 loans at the same time.

The downside is the strict selection of applicants for refinancing. In addition, applying for a loan entails additional costs. In the process of providing the service, the bank may revise the interest rate.

If the terms of use of borrowed funds are violated, the bank sends the borrower a demand for payment of the debt. If the payment deadlines are missed by more than 3 months, the institution has the right to issue a sales deposit to pay off the debt.

The mortgage refinancing service at VTB 24 allows borrowers to transfer their mortgage loan to more favorable terms. But in any case, hidden loan parameters may appear. Before signing a loan agreement, it is recommended to obtain detailed advice from a specialist, and also request from the bank a full calculation of the mortgage amount and the amount of overpayment for the entire term. If the benefit is more than 100 thousand rubles, this option of refinancing can be considered acceptable.

What are the conditions for a mortgage at VTB24 Bank?

To obtain a mortgage (any line at VTB24 Bank), you must fill out an application. This operation can be carried out in one of two ways:

• registration through the bank’s website (follow the link “Application form for a mortgage“);
• filling out an application at the bank's mortgage center.

General requirements for a borrower to issue a mortgage at VTB24 Bank:

• the potential user must have an official place of work on the territory of the Russian Federation;
• citizenship can be any;
• The total work experience must be at least 1 year, with at least 6 months at the current place of work.

IMPORTANT! When applying for a mortgage, a guarantee is not required. However, to increase the amount, the borrower has the right to take guarantors. In this case, when issuing a loan, the income of all clients participating in the transaction is summed up.

Mortgage repayment methods

You can repay a mortgage loan at VTB 24 in any standard way: at the bank’s cash desk, by card payment, through an ATM or terminal. For the convenience of clients, the institution issues a plastic card for the client intended for loan payments. The borrower will only need to replenish it on time before the payment date.

You must deposit funds into your card account once a month according to the payment schedule. It indicates how much you need to pay for the principal amount of the loan and as interest. And also the day of the month when the payment must be transferred to the bank.

After replenishing the card on time, the institution will write off the required amount of funds and record the payment. At the same time, the client spends a minimum amount of time on fulfilling debt obligations.

When paying by other methods, you should remember that as a result of malfunctions of technical devices, the loan repayment deadline may not be met. Or the payment date may fall on a weekend or holiday. Therefore, when depositing funds, you should carefully monitor the bank’s work schedule and save all receipts until the full repayment of the loan is recorded.

Using an online calculator you can approximately calculate the loan amount and the amount of overpayment

Features of insurance

Providing VTB refinancing services on more favorable terms for the borrower is possible subject to the borrower taking out a comprehensive insurance policy. Without it, the application will not be approved or the loan terms will not be as attractive.

The policy includes the following types of insurance:

• life and physical health of the loan payer;
• collateral for a loan against damage or theft;
• property from loss or restriction of property rights.

By agreement with the bank, it is possible to issue only one type of insurance - collateral . But in this case, the mortgage loan rate will be increased by 1%. This practice is common among all major financial institutions.

You should sign a mortgage agreement only after carefully studying its terms.