Mortgage in Sberbank for individuals: conditions and rate

Stages of obtaining a mortgage at Sberbank in 2021: application approval deadlines

To get a mortgage from Sberbank, you need to submit an application with a credit manager at the branch or independently, through the official website. In the first case, you need to come to the bank with an initial package of documents, in the second, fill out a form through the DomClick service. Then you just have to wait for the mortgage to be approved by Sberbank within 1–5 days. The processing time depends on the workload of employees, the reliability of the information provided and the credit history of the applicant.

Note! Submitting a mortgage application takes from 15 to 30 minutes, depending on the method chosen.

After receiving approval for the application and the selected apartment, it is necessary to draw up documents for the mortgage collateral. They will certify the creditor's right to receive fulfillment of the monetary obligation secured by the mortgage.

The borrower will be able to receive a certificate of ownership only after full payment, when the encumbrance on the purchased property is removed and the registration entry in the Unified State Register is cleared.

At the time of signing the loan agreement, the parties decide how the borrower will make the down payment.

There are three options:

transfer of funds to the seller’s bank account;
transfer of cash against receipt;
opening a safe deposit box.

The amount of the down payment is agreed upon at the stage of signing the purchase and sale agreement, and is paid before registering the mortgage transaction.

Real estate in new buildings is in great demand these days. The authorities of the Russian Federation allow the use of a property under construction as collateral under the terms of the mortgage program.

Sberbank outlines the main conditions for obtaining a housing loan in new buildings:

long-term loans are available in Russian rubles;
the minimum credit limit threshold for a mortgage is 300,000 rubles;
the maximum amount of a housing loan should not exceed 85% of the total price of the purchased property subject to collateral;
the entrance fee for the mortgage must be 15% or higher;
registration of an insurance policy.

Sberbank can accommodate the client halfway and reduce the mortgage interest rate from 9.1% to 7.6%. This is due to the provision of benefits - a federal subsidy program. You can take part in the program under the following conditions:

The period of the loan agreement should not exceed 30 years.
The ability to pay with maternity capital funds as a down payment, or use them for partial repayment.
The interest on a home loan for primary property is approximately 10.5% per annum. If the borrower participates in a government subsidy program, the overpayment will be 8.5% per year, but in this case the mortgage must be issued for a period of up to 7 years. If this period is increased to 12 years, the rate will increase to 9%.

The modern used real estate market boasts significant advantages, especially in terms of housing lending. Let's look at the main advantages of buying a used apartment or house:

the borrower is given a unique chance to move in immediately after signing the loan agreement;
the amount of overpayment is much lower than when purchasing housing in new buildings;
secondary property has a lower cost compared to new property;
the opportunity to receive favorable loan terms from Sberbank for the purchase of your own living space.

Typically, a mortgage is issued to purchase property. The client can use the bank’s funds to buy an apartment or a private house with a plot of land.

To take part in such a program, you need to know about the basic conditions:

The permissible amount of a housing loan is from RUB 300,000. up to 15 million rubles for residents of Moscow and St. Petersburg, as well as a loan of 8 million rubles. for persons whose place of residence is in other subjects of the federation;
the maximum mortgage lending period is up to 30 years;
entrance fee is not less than 15%;
The interest rate for mortgages on secondary real estate ranges from 7.3% to 10.1%.

Maternity capital can be used for its intended purpose to pay for a housing loan at Sberbank under a special program. Let's look at the main list of conditions:

minimum loan amount – 5.9%;
the lowest loan threshold is 300,000 rubles;
the period for reimbursement of funds is up to 30 years;
it is allowed to spend capital funds to pay the first mortgage payment - in full or in part;
the second spouse acts as a co-borrower, usually the husband;
It is possible to use bank funds to buy finished housing or a property under construction.

An apartment purchased on credit must be registered as common shared ownership between family members. The main documents you will need are a certificate of maternity capital and a certificate of the remaining amount of funds.

Government bodies of the Russian Federation are doing everything possible to support certain categories of families who need their own living space. According to the state support program, Sberbank offers the following lending conditions:

mortgage size - from 300,000 to 12 million rubles. for citizens of Moscow and St. Petersburg and 6,000,000 rubles. for residents of other regions;
the first mortgage payment must be at least 20% of the cost of housing;
debt repayment period - from 1 year to 30 years.

Important! The mortgage percentage under the state support program is 6.4%. The payer can count on receiving benefits from the bank.

To date, Sberbank has launched a program for receiving subsidies with companies involved in the development of property facilities. According to these conditions, the client receives a unique opportunity to make payments on the loan with a reduced interest rate of 2.6% within two years from the date of receipt of the loan. At the end of this period, the rate is set based on standard conditions.

How to apply and receive a decision

Before you decide to submit a request online, it is worth familiarizing yourself with the requirements that the lender puts forward for successful borrowers:

Age 21-75 years (the upper limit is estimated based on the date of the last mortgage payment).
The period of work with the current employer is six months or more. During the last 5 years, the experience must be at least 1 year.
It is allowed to attract up to 3 co-borrowers, whose income can increase the credit line if the client’s official earnings are not enough. The official spouse or spouse becomes co-borrowers by default, with the exception of situations when a marriage contract is drawn up.
Citizenship of the Russian Federation.

If all the put forward requirements are met, they proceed to preparing an application for a mortgage and collecting the necessary papers.

Collection of necessary documents

To complete the initial request, you will need basic information about the person plus information about his solvency:

passport details;
marital status, presence of dependents;
contact phone, mail;
place of residence;
information about employment (company name, position, contacts);
income level (salaries and additional sources of financing).

A separate advantage will be issuing a salary card at the Savings Bank.

Internet technologies used by the lender provide the possibility of electronic submission of mortgage documents in scanned form.

The full package of documents submitted to the bank at the mortgage approval stage consists of:

Client questionnaires.
Civil passport with registration in the Russian Federation. Additionally, it is worth taking a second personal document - driver’s license, military ID, identity card, international passport, SNILS.
If the registration is temporary, additional paper is prepared confirming temporary registration.
Certificates from the employer confirming duration of work, income, position.
If another housing is used as collateral, documents for the property are prepared from the secondary fund.

After approval has been issued and a credit line has been determined, the borrower selects the acquisition object and prepares the paperwork for the transaction:

Contract of sale.
Technical passport, cadastral passport.
Extract from the Unified State Register.
Certificates that the housing is free of registered tenants and that there is no debt for housing and communal services.
A receipt confirming the transfer of the down payment to the seller, or documents indicating the availability of available funds to make the first payment.

Additionally, the bank has the right to require other documents, based on the specific situation of the borrower and the circumstances of the transaction.

How to apply for a mortgage at Sberbank Online

To submit an online application for a mortgage at Sberbank, you must first register in the system and gain authorized access to your personal account.

If the account has not yet been created, when submitting remotely via the Internet, proceed in the following order:

Go to the Mortgage page on the lender's official website.
Select the desired product and follow the application link.
The system will redirect to the Internet portal for working with credit real estate.
To send a request, you will need to fill out the proposed fields indicating personal information to register your personal account.
An SMS with a code will be sent to your phone number to identify and confirm entry into the borrower’s account.
After authorization, scanned documents are attached to the completed application form and the nearest branch convenient for visiting is selected.

When the initial request has been sent, all that remains is to wait for the results of the consideration of the mortgage application and prepare for the next stage - searching for housing and completing the transaction.

Buying an apartment with a mortgage through Sberbank

Citizens of the Russian Federation who want to build their own housing can apply for financial support from Sberbank. A lending institution issues a mortgage under a private home construction program. The loan terms are quite flexible for borrowers.

The bank is ready to offer potential clients a mortgage loan for these purposes at 9.3% per annum and higher. For convenience of repayment, payers are offered a term from 1 to 30 years with the possibility of early repayment at any stage of the loan agreement.

Important! One of the bank’s mandatory conditions when applying for a mortgage on a house is making a down payment of 25%.

The bank can issue a mortgage in the amount of 300,000 rubles, but not more than 75% of the value of the property issued as collateral.

The collateral for this lending program from Sberbank can be a guarantee from an individual or the provision of finished housing. As an additional guarantee, the bank takes as collateral a plot of land where it is planned to build a private house.

If you want to get a mortgage from Sberbank, the client must choose a suitable mortgage program. Accurate information on lending can be obtained through consultation with a specialist from a credit institution. In the office, the manager will advise the borrower on the required list of documents for obtaining a mortgage.

Applying for a mortgage at Sberbank consists of several stages, starting from submitting an application and ending with settlements with the seller. The entire procedure will have to be handled by the borrower; the seller is only required to provide documents and conclude a purchase and sale agreement (hereinafter referred to as the SPA).

Let's consider the main stages and the procedure for each of them.

If the parties to the transaction are satisfied with everything, a preliminary contract is concluded.

The contract must contain the following information:

Full name, registration addresses, passport details, dates of birth of the seller and buyer.
Information about the property: address, cadastral number, area, floor.
Details of the document on the basis of which the seller acquired ownership rights.
Duration of conclusion of the main policy agreement.
Cost of housing.
Clause on transferring an apartment to a mortgage, Sberbank details.
Responsibility of the parties.
Rights and obligations.
Signatures of the buyer and seller.

The buyer may use part or all of the down payment to pay the deposit under the preliminary purchase and sale agreement.

The rest of the money is paid to the seller by the bank after registering the transfer of ownership in any of several ways, depending on the terms of the program:

Secure payment service. The buyer transfers money to a special account. Sberbank sends them to the seller within 3-5 days from the moment of registration in Rosreestr.
Letter of Credit. Similar to SBR, the seller takes the money after registration.

Wire transfers and safe deposit boxes for mortgages at Sberbank are used quite rarely.

About the “Young Family” program: what are the advantages?

One of the most profitable and attractive offers from Sberbank is a mortgage under the Young Family program. Borrowers no older than 35 years old can participate in it. The program is also available for single-parent families (mother or father with a child). Participation in the program allows you to significantly reduce interest rates and receive a variety of benefits.

For example, the down payment for a young family without children is 15%, and for a family with a child - only 10. When determining the amount of income, the income of both spouses is taken into account, not only the main one, but also additional - it is important to remember this when deciding what documents are needed for a mortgage in Sberbank. A young family has the right to involve parents as co-borrowers, and their income will also be taken into account. True, this time only the main one.

The program also allows for “mortgage holidays” in the event of the birth of a child. The family has the right to suspend payments to the bank until the child turns three years old. Interest payments are not suspended in this case.

Rural mortgage at Sberbank in 2021

The list of collateral securities for Sberbank usually includes:

documents proving the basis for obtaining ownership rights (privatization papers, monetary contracts, donations, exchanges, etc.);
report on the assessment of the purchased living space;
certificate of ownership;
technical documentation and cadastral passport (floor plan, explication);
extract from the Unified State Register of Real Estate;
certificate of absence of registered persons and utility debts;
spouse's consent/nuptial agreement (if any);
preliminary DCT/DDU.

The list can be changed and supplemented at the request of the bank. In practice, the provided package of real estate papers is reviewed in approximately 2-5 working days.

The property itself is required to be insured by Sberbank. Without this, the deal cannot be completed. Additionally, you will need to insure the life and health of the mortgage borrower. This option is voluntary, but if you refuse it, the mortgage rate increases by 1% and you will not have access to preferential lending programs, such as a family mortgage at 6%, for example.

You can make a preliminary calculation of your mortgage insurance policy and apply for it online using this calculator:

After the mortgage agreement is registered with Rosreestr, the property is encumbered in favor of Sberbank. Then, within the period specified in the loan documentation, the bank will have to make the final payment.

Now the mortgage amount minus the down payment paid by the borrower is transferred by Sberbank to the seller’s personal account. The timing of crediting depends on where the account is opened. Payments within Sberbank are made instantly.

To avoid gaps in understanding the essence of a mortgage and the key conditions for obtaining such a loan from Sberbank, we will provide answers to popular questions from clients.

There are no special programs or benefits for clients of retirement age at Sberbank. Therefore, this category of borrowers can take out a mortgage from Sberbank for an apartment on standard terms.

The package of documents will be standard, but you need to be prepared for the fact that the bank may require the provision of a pension certificate and a certificate of the amount of the pension received, which can be taken to the Pension Fund if the pensioner does not receive a pension on a Sberbank card.

A key feature of obtaining a mortgage for pensioners is the fact that with sufficient solvency and its documentary evidence, the loan is issued to persons up to 75 years of age at the time of making the last payment. Without proof of income, a mortgage can only be issued up to age 65.

The bank does not explain the reasons for the refusal, as this would lead to the disclosure of the borrower assessment system, which is a commercial secret. There are potentially about twenty parameters of the borrower and co-borrowers that this system can rely on.

If the bank refuses you, you can reapply for a loan within the period specified in the accompanying text of the refusal. In some cases, you can reapply immediately.

For example, you can apply for a loan with a certificate in the bank form instead of a 2-NDFL certificate. An income certificate in the form of a bank is an alternative document that is accepted by the bank as confirmation of the borrower’s income, but in which additional earnings can be taken into account.

Salary clients of Sberbank, depending on other loan conditions, may receive additional benefits. At the same time, benefits are available if any of the co-borrowers is a salary client.

· If over the last two months you have had at least one salary deposited onto your Sberbank card or account, you can receive a discount on your rate.

· If you have had your salary credited to your Sberbank card (account) in at least 4 of the last 6 months, you will not need to additionally upload an income certificate and a copy of your work record book.

Life and health insurance in insurance or other companies accredited by Sberbank allows you to reduce the loan rate by 1%.

Considering the purchase of the policy, you will actually save about 0.5 percentage points on the rate. In addition to saving on the rate, the policy fulfills its immediate purpose - the insurance company will pay the bank the balance of the debt on your mortgage loan upon the occurrence of an insured event (disability or death).

Most often, co-borrowers are relatives of the main borrower - spouse, parents, children, brothers and sisters. In total, you can attract up to 6 co-borrowers. If you are married, your spouse must be a required co-borrower. Exceptions are possible if a marriage contract is concluded between the spouses.

You can use maternity capital funds in whole or in part as a down payment when obtaining a mortgage. You can use only maternity capital or the sum of maternity capital and own funds. For the minimum down payment amount, we recommend using the DomClick calculator.

When using maternity capital funds, it is important to agree with the seller on the procedure and deadline for receiving maternity capital funds, since this amount is not transferred from the Pension Fund immediately.

Depending on the type of property and the selected set of services, when applying for a loan you will need to pay:

· Valuation report - from 2,000 ₽ depending on the region and the valuation company (required for the valuation of a collateral property);

· Insurance of the collateral (for the purchased apartment) - directly depends on the size of the loan;

· Life and health insurance of the borrower (not mandatory, but reduces the loan rate) - directly depends on the size of the loan;

· State fee for registering a transaction in Rosreestr - 2,000 ₽ for self-registration or 1,400 ₽ for electronic registration (this is an additional service and is paid separately);

· Renting a safe deposit box and paying for access to it (when buying a secondary home for cash) or paying for a secure payment service - from 2,000 ₽.

The cost of services is approximate. Check the exact cost on the websites of the relevant services.

You can get a rural mortgage from Sberbank in 2021 if you follow certain rules:

residents of rural areas registered (permanently or temporarily) here can apply for a loan;
the borrower must be employed in a rural area (work as an entrepreneur is allowed);
you must be employed in social, veterinary or agro-industrial activities for at least a year;
age from 21 to 65 years, Russian citizenship, proof of sufficient income.

Mortgage and maternity capital

Mortgages with state support at 6% for families with children: answers to frequently asked questions

Tax deduction for mortgage interest

When is mortgage refinancing beneficial?

In 2021, only two banks decided to implement the Rural Mortgage program - Sberbank and Rosselkhozbank. Therefore, if you want to apply for a mortgage loan, it is recommended to contact these institutions.

How to get a rural mortgage at 1 percent?

To get a mortgage at 1%, you can contact Sberbank, which has various programs that provide such a reduction in rates. There are 2 discount options here. The first is 1.4%, the second is 4%. This means that it is planned to reduce by the specified percentages from the standard. Only the 1.4% calculation will be valid throughout the entire loan repayment, and 4% until the new house is put into operation. You can receive such an offer provided that the apartment is purchased in a building under construction, and from those developers who work with Sberbank on escrow accounts.

It is possible to purchase an apartment or private property with a 1% mortgage if it is located in rural areas and on the territory of certain entities. For example, they are already “working” under the program, provided that the housing is located in the Belgorod region or the Yamal-Nenets Autonomous Okrug. At 1%, you can get a loan if the borrower insures his life.

Choosing housing and collecting the necessary documents

Having received a positive decision from the bank and having learned the amount of the approved mortgage, you should actively search for and select the appropriate apartment yourself or with the help of realtors. The requirements put forward by the banking structure for mortgage real estate should be taken into account:

the building in which the lending facility is located should not be in disrepair, dilapidated, or scheduled for demolition;
absence of illegal redevelopment;
availability of all communications.

When an interesting object is found, a preliminary purchase and sale agreement is concluded.

Then the preliminary purchase and sale agreement must be submitted to the bank along with a package of documents for the property, consisting of:

agreements of purchase and sale, donation, exchange, and so on, that is, documents on the basis of which the seller acquired the right of ownership;
cadastral passport of the apartment;
an extract from the Unified State Register and a Certificate of Ownership, if the object was purchased before 01/01/2017, or an extended extract from the Unified State Register, if the registration of the last transfer of ownership occurred after the specified date. The bank accepts extracts from the Unified State Register issued no later than 30 days ago;
certificate of absence of debt on utility bills;
a copy of the apartment map;
photocopy of the seller's passport;
bank details of the seller's account;
confirmation of the buyer’s own funds – a receipt from the seller for receiving a certain amount or a certificate from the bank about the availability of funds in the buyer’s account.

When starting to collect the necessary documentation, you need to clarify a number of questions, for example, if:

the owners of the alienated property are incapacitated citizens, including minors, then the consent of the guardianship authorities will be required;
the property was purchased by a married seller, then a notarized consent of the spouse to the transaction will be required;
a share of real estate is acquired, then a notarized refusal of purchase by the owners of other shares is written;
The sale transaction is carried out by an authorized representative of the home owner; his passport and notarized power of attorney will be required.

Then an assessment of potential mortgage housing is carried out.

You need to imagine what stages future homeowners need to go through, look at the step-by-step instructions on how to apply for a mortgage at Sberbank in order to determine the procedure for receiving papers, because each of them has an expiration date, and their preparation also takes time.

If the documentation for the purchased property is not ready within the time period allotted by the bank, you need to submit a new application for a mortgage loan.

Considering that the seller will not collect any documents without the bank’s consent to provide a loan, it is advisable to simultaneously look for housing and contact the bank with primary documentation and a questionnaire.

Sberbank's security service, according to instructions, examines the documentation and assesses the risk of issuing a mortgage. After this, the decision is communicated to the client, and the process of obtaining a mortgage for the apartment is initiated, step-by-step instructions for which are presented below.

Sberbank mortgage - Mortgage calculator 2021

The Rural Mortgage program in 2021 allows for the execution of not only a standard mortgage agreement, but also others. In this case, the following types apply:

the purchase of finished housing is carried out by drawing up a standard purchase and sale agreement;
registration of a temporary registration certificate for an apartment or house;
contract for the construction of a house signed with the developer;
The purchase of a land plot is also carried out by signing a purchase and sale agreement.

Banks may consider other ways of processing documents that will comply with the presented program. In this case, they are guided by the individual situation.

Since January 1, 2021, the “Rural Mortgage” program has been in effect, which involves the provision of funds by banks for the purchase of housing or land in rural areas. In 2021, lending is offered with reduced interest rates of 0.1-3%. Amounts are issued by credit institutions up to 3 million rubles, but for the Far East and Leningrad region the maximum values are increased to 5 million rubles. All Russian citizens who wish to purchase finished housing or a property under construction, located in a rural area, can apply for a loan.

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A mortgage consultant is a bank employee who advises the borrower and verifies documents. The specialist will tell you about the terms of the programs and the responsibilities of the potential client. A personal meeting provides an excellent chance to ask questions.

Therefore, you need to come to the meeting with a prepared list of questions:

Ask about the method of calculating the mortgage rate, late fees, application processing fees, preferential programs and promotions.
Clarify the conditions for early repayment. Some banks stipulate in the agreement a period during which early repayment is not possible.
Specify the list of mandatory and additional documents.
Find out how to confirm income and whether it is possible to do this with a free-form certificate.
Find out what options for using real estate the bank allows. For example, is it possible to make repairs or rent out an apartment?
Ask about the validity period of the bank’s positive decision and the possibility of re-submitting an application.
Inquire about the possibility of attracting co-borrowers.
Find out about additional free services. Some organizations offer credit cards, a 24-hour support center, and access to online banking.
Ask what insurance is required and which insurance companies are accredited by the bank.

When meeting with a consultant, try to look presentable. The same goes for document photography. A lot depends on your appearance. Shabby clothes, bags under your eyes, a stale appearance, stubble on your face - all this will make the clerk doubt your well-being.

It often happens that during a meeting you asked all the questions you wanted. However, after a few days you have new ones. Even if some point is lost in memory, you can always arrange a second meeting or call.

Documents for obtaining a mortgage are divided into basic and additional. The first ones are required from all potential borrowers:

Original passport.
A copy of the work book, certified by the signature of the employer.
Personal income tax certificate-2 or a certificate in free form, if the bank accepts it.
A completed application form for obtaining a mortgage according to the bank's form.

The following documents increase the chances of a positive decision:

Driver license.
Military ID.
Diplomas, certificates of education.
Marriage certificate.
Children's birth certificate.
Papers confirming additional income.
Property ownership documents.

Banks welcome any papers that prove financial solvency and stability.

Carrying out a mortgage transaction with a safe deposit box

The bank does not provide certain rules for applying for a loan to purchase a home using a safe deposit box. The main condition is to deposit the down payment and loan funds in the safe before the government transaction is registered. After the certificate of ownership of the apartment is received, the locker is opened, then funds are issued with a receipt.

Registering a mortgage loan is a process that involves going through several stages. First, the most profitable mortgage program must be selected, the necessary documents must be collected, an apartment must be selected, and an application must be submitted.

When approval is received for the application and the collateral, the transaction process begins, which consists of signing a purchase and sale agreement, a loan agreement and choosing an insurance company. Only after the mortgage and title are registered will the borrower become the owner of the property encumbered by the mortgage loan.

How to get a mortgage from Sberbank for an apartment?

A significant part of the journey is already behind us, it’s time to find out the objective cost of the chosen apartment.

The evaluation algorithm consists of 7 steps:

Find out about appraisers accredited by the bank.
Choose one company.
Prepare documents taking into account the requirements of the company.
Determine the date for the housing assessment.
Pay for services.
Receive and check the report.
Send the document to the bank. Many firms do this for the client; all that remains is to make sure that the bank has received the report.

Mortgage insurance is the protection of the bank and the borrower from property damage, loss of solvency, property rights, health problems, etc. There are comprehensive packages that cover all risks at the same time. When an insured event occurs, the company pays money that is used to pay off the mortgage loan. The remainder of the payment remains with the borrower.

Title defense is a separate category. This insurance covers the risk of loss of title. You can only lose your title when purchasing real estate on the secondary market.

We advise you to insure your title if:

You are purchasing an apartment from a minor.
The property was received as a gift or by inheritance.
Doubt its legal purity.
The bank refuses a mortgage without title insurance.

Important! If the bank does not issue a mortgage without title insurance, then the apartment is 100% not clean. The same as if the insurance company denies its services or sets a very high payment for title insurance. It’s better not to deal with such real estate at all and find another one.

This stage should be started when the lender is fully prepared. The bank must have a letter of guarantee from the insurance company and the results of the assessment. It is possible to sign all the papers within 24 hours, but in practice the procedure takes 2-3 days. Employees double-check documents and may request additional information. When the lender is ready, the borrower is contacted by telephone.

Work with the apartment seller begins after a call from the bank. The speed of the process depends on the desire of the parties to reach a deal faster. Once the date is set, the buyer calls the mortgage consultant and lets them know they are ready. A financial institution specialist checks the documents one last time, makes final approval, and the transaction begins.

On this day, the buyer signs a loan agreement with the bank, a purchase and sale agreement with the seller, rents a locker, and participates in depositing funds.

The procedure for obtaining a mortgage with the rental of a safe deposit box consists of 5 steps:

Signing a loan agreement. We recommend that you double-check important information one last time: amount, term, interest rate, payment terms, address of the property. If there are no errors, the borrower signs the agreement in 2 copies.
Drawing up a purchase and sale agreement. The borrower again checks the important points in the document: conditions for releasing the apartment, cost, date. If everything is correct, each party signs the papers.
The seller draws up a receipt for receipt of funds for the property. It is recommended to prepare it in advance to save time.
The borrower rents a safe deposit box. It is necessary to sign a lease agreement for a safe deposit box.
A bank employee endorses the papers. If necessary, affixes stamps. The borrower goes to the cashier and receives funds. Then it is sent to the depository for recalculation and deposit of the received amount. The seller receives money only after registering the mortgage transaction with Rosreestr!

The advantage of this calculation method is high security. The disadvantage of renting a safe deposit box is the high cost of renting a safe.

There are other ways to pay for real estate when purchasing with a mortgage. Let's look at them.

Sberbank mortgage terms

Different loan programs have different lending conditions. Most mortgage programs are issued in rubles, and the loan amount should not exceed 85% of the appraised value

of the residential premises being financed, specified in the expert report, as well as 85% of the contractual value of the residential premises being financed. At the same time, the loan term varies between 20-30 years, depending on the type of loan package.

According to the bank's terms and conditions, there is no commission for issuing a loan, and the loaned premises are pledged as collateral.

Separate conditions are always imposed on insurance. Thus, property purchased as collateral must be insured against the risks of destruction or loss. The exception is a land plot.

How to get a mortgage from Sberbank: step-by-step instructions

Sberbank mortgage 2021 for secondary housing
Mortgage for a new building (apartment in a new building)
Mortgage in Sberbank for the construction of a private house
Sberbank mortgage for a house with land
Mortgage on land plots for individual housing construction
Mortgage secured by existing real estate
Mortgage with government support for young families with children
Mortgage for a young family in 2021, State program
Mortgage for maternity capital in 2021
Sberbank military mortgage, terms of provision
Mortgage on two documents, without proof of income
Refinancing mortgages from other banks in Sberbank

Citizens of the Russian Federation living in the country have the right to apply for a state loan. The marital status, social status and current place of residence of the applicant for a “rural” state loan are not important.

The acceptable age of the borrower is 21-75 years. Those. if the person applying for a rural mortgage is, for example, 60 years old, the bank will be able to provide him with a government loan with a fifteen-year repayment period, no longer.

Citizens have the right to apply for a real preferential mortgage once. Those. The borrower and his co-borrowers are granted a loan under the Rural Mortgage state program only once.

The status of co-borrower for the borrower's spouse is mandatory (a possible exception is the presence of a marriage contract). The permissible number of co-borrowers, including those who are not relatives of the borrower, is up to 3 people.

Please note: if the borrower is overdue for payment on a rural mortgage for more than 90 days in six months, the preferential lending terms will be canceled and the bank will change the mortgage to standard terms (rate 11.5%).

The range of credited funds can be from 0.1 to 3 million rubles. (5 million for the Leningrad region and the Far East). Since the end of October 2020, the credit maximum for the Yamalo-Nenets Autonomous Okrug has been increased to 5 million (resolution No. 1748).

Initial contribution 10% and above. If you refuse or are unable to provide proof of employment and income, an initial payment of 50% will be required.

It is not possible to use an approved rural mortgage government loan for a down payment. From October 27, 2021, the admissibility of full or partial contributions using family state subsidies (maternity capital) was finally approved (Resolution No. 1748).

Mortgages for rural settlements are offered at an annual rate of 2.7-3% (condition - life insurance), or at 7-9% (without life insurance).

Starting from 2021, there is a condition for mandatory registration of an agricultural mortgage borrower in housing purchased with a preferential loan (Resolution No. 1748). Those. Having received ownership rights to “rural-mortgage” real estate, the owner is obliged to document the bank about the completed registration within six months. Otherwise, the bank has the right to change the cost of the mortgage based on internal regulations.

The longest verification period is 20 working days. The documents submitted by the state loan applicant are reviewed first by the bank service - the manager studies the credit history and calls the applicant’s employer.

Approval of an application for a rural mortgage occurs as follows:

the borrower prepares two sets of documents and provides them to the bank;
one set of documents is studied by the bank's credit department. Duration – 5 days (working days);
The bank sends the second set of documents to the regional branch of the Ministry of Agriculture if the application is pre-approved by the bank. The review period by the Ministry of Agriculture is 10 days (working days);
upon approval of a state subsidy by the Ministry of Agriculture, the bank approves the application for a rural mortgage and prepares documents for the provision of a loan. Duration – 5 days (working days).

Thus, if the application fully complies with the conditions of the state-subsidized preferential mortgage for rural residential real estate, the total review period will be 20 days (working days).

Providing documents on residential real estate that will be purchased for the rural mortgage requested by the applicant is allowed 90 days (calendar) after the preliminary approval of the application by the bank. Those. The Ministry of Agriculture relies on the decision of the mortgage bank regarding the collateral (the “rural” house purchased by the borrower).

However, the specification of the purpose of the loan - the acquisition of a house or apartment (indicated as “primary” or “secondary”), or a land plot for individual housing construction - must be noted initially, at the stage of filling out the application. If, after approval of the application, the borrower suddenly decides to take out a loan, say, not for the previously applied secondary apartment, but for a new building, the application will be approved again.

When a mortgage application is approved, its processing by the bank begins immediately. A positive decision on applying for a rural mortgage is valid for exactly 60 days (calendar).

Bank requirements

So, let’s look at what requirements the bank imposes in the classic version.

To real estate

If we are talking about a new building, then the following requirements are imposed on the home:

You can buy housing in a finished new building or housing that is still under construction from the bank’s selling company. A detailed list of sellers and their offers can be found here.
According to the terms of the loan, the construction completion period is not limited by any promotional conditions.
You can purchase apartments under construction.
The minimum loan amount for new buildings or housing under construction should not be less than 300 thousand rubles.
As for the maximum loan amount, it should be no more than 85% of the contractual value of the residential premises being loaned and no more than 85% of the estimated value of other real estate being pledged as collateral.
As for the geography of lending, the entire Russian Federation is participating.

The credited group includes seller companies from which housing is purchased from the list of accredited new buildings, information about which is posted here.

When purchasing finished property, the following requirements are imposed on housing:

You should purchase not a share of housing, but a room if you take out a mortgage for a room in the whole apartment.
An apartment on the secondary market must be properly heated, supplied with electricity and sewerage.
If an apartment is purchased on the top floors, then the roof must be in normal, safe condition.

Additionally, there are specific housing requirements depending on the type of program. For example, if we are talking about a mortgage with state support for families with children, then only a new building or housing under construction can be taken out on credit, and the secondary market is not taken into account.

To the borrower

Certain lending conditions are provided to the borrower. As a rule, the classic version of the requirements is used, but the conditions may vary depending on the type of loan program. So, for example, in the classic version, the minimum age of the client should be 21 years, and the maximum – 75 years at the time of loan repayment

In this case, the borrower must have a certain amount of work experience. Thus, a person must have worked at his last place of work for at least half a year, and his total work experience over the last 5 years must be at least 1 year

Separate rules are also taken into account for the co-borrower. If we talk about co-borrowers, there should be no more than three individuals, and their income is also taken into account when calculating the maximum loan size.

The Title Co-borrower's spouse shall or shall be a co-borrower in any case, regardless of his or her age or ability to pay. As for the remaining requirements, they are similar to the requirements for the borrower.

A spouse is not included as a co-borrower only if they do not have Russian citizenship or if they have a valid marriage contract.

As for all other borrowers and co-borrowers, they must have Russian Citizenship.

Features of a mortgage for the construction of a private house in Sberbank in 2021

The first document drawn up between the bank and the borrower before receiving loan funds for a rural mortgage will be an insurance agreement. Moreover, it is the format of mortgage insurance that determines the terms of the main mortgage agreement.

The borrower is obliged to insure the real estate that serves as mortgage collateral (Article 31 of Law No. 102-FZ “On Mortgage”). With regard to the other two types of insurance - the life of the borrower and the legal title - the bank itself will insist on their obligatory nature. The borrower has the right to refuse to insure life and title, but then the bank will agree to provide a loan only at a higher rate (about 7-9%).

The borrower must obtain title and life insurance from the financial institution with which the rural mortgage is being discussed - this condition is included in their mortgage agreement. However, the recipient of the mortgage will be able to renew the insurance (take out a cheaper policy) from another insurer accredited by the bank after one year.

According to the rules for subsidizing rural mortgage loans from the federal budget (approved by government decree No. 1567), the authorized bank has the right to revise the cost of a mortgage loan provided under state benefits if (clause 27 of the rules mentioned above):

The borrower violated the purpose of spending the soft loan. Those. spent funds on the purchase of real estate that does not correspond to the established purpose of the loan funds (housing allowed by the state program).
Construction deadlines were not met.
The borrower did not fulfill his obligations regarding the payment of interest and the phased repayment of the amount loaned to him, having been late in paying the principal and/or interest for more than 90 days over the last 180 days. Those. if the duration of non-payments was slightly less than three months over the last six months, the preferential terms of the loan will be canceled by the bank.

Note that the minimum increase in the loan rate in case of violations of the mortgage payment schedule by the borrower will be the value of the key rate of the Central Bank of the Russian Federation. At the time of publication of this article, the key rate is 4.25%. Accordingly, the minimum increase in the interest rate for late payments of a rural mortgage will be 7.25%. The exact conditions for increasing the interest rate for overdue borrowers are reflected in the mortgage loan agreement.

Let us remind you that the reason for the mortgage interest rate to be increased by the lending bank by the amount of the Central Bank key rate (i.e. up to 7.25% (3% + 4.25%) may be the borrower’s refusal to insure life and title when applying for a loan.

It should be noted that the amount of funds subsidized by the Ministry of Agriculture to stimulate preferential rural mortgages is limited (6.4 billion for 2020). This means that with the exhaustion of the current limit of state subsidies provided to the creditor bank against the backdrop of a high number of previously approved applications, this financial institution will only be able to offer loans at “commercial” interest rates (over 10%).

Sberbank not only strives for its own benefit, but also sets a course to satisfy the interests of existing and prospective clients. In this way, he manages to constantly replenish the ranks of his clientele requesting mortgages and other services. As part of its customer focus and cooperation with the government, Sberbank is constantly modernizing its service conditions.

Interest rates are set in a financial institution taking into account the Central Bank coefficient, the personal risks of the institution and state policy. The latter is aimed at systematically reducing average interest rates in banks throughout the country, as well as the debt burden in general. This is done through various subsidies.

Varying the rate within the established limits is carried out not only after assessing the client’s financial capabilities. The client’s consent to activate bonus offers becomes significant.