VTB 24 - mortgage documents in 2021

Application for a VTB 24 mortgage in stages

Mortgage calculation Sberbank

First, go to the bank’s official website on the Internet and submit an application for a mortgage.

On the main page there is a section: “For individuals” – “Mortgage”. If you need a new apartment, select “New building”. To purchase used real estate, enter the “Resale Housing” section.

Section "New building"

In this section there is a form where you need to enter the following data:

the size of the area of the future housing (if more than 65 sq. m., then the bank offers a reduced interest rate).
Do you have a VTB salary card?
the cost of the purchased apartment.
the amount of the first payment, and the ability to pay it with maternity capital.
your monthly income level.

Then click the "Calculate" button.

Calculator features

A preliminary application for a VTB mortgage is completed online.

Then enter your personal information:

FULL NAME.
Date of Birth.
Mobile phone.
E-mail address.
Check the box that you agree to the processing of personal data.
your employer's tax identification number,
your family's average monthly budget,
length of service at last place of work,
total work experience.

After this there are questions about the subject of lending:

old or new housing;
type of property (apartment or house);
package of documents (standard or simplified);
property value;
down payment amount;
size and duration of the loan.

At the end, indicate: series, number and date of issue of the passport. Apply for a mortgage at VTB. Wait for a call from a specialist from the bank. He will advise you what to do next.

Conditions for this mortgage:

Issuing a loan up to 60 million rubles.
Annual interest rate from 9.1%.
Down payment from 10%.

Section "Housing on the secondary market"

The algorithm for applying online for a mortgage at VTB and purchasing a used apartment is reminiscent of the previous option. Calculation with the calculator and mortgage conditions are the same as described above. This preliminary calculation is not exact and the final figures will be known after the bank's decision.

Conditions for obtaining a mortgage loan

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If you have decided to take out a mortgage from VTB, the first thing you need to do is familiarize yourself with the conditions for obtaining it. They vary depending on the purpose of the mortgage loan at VTB 24, as well as on the status of its recipient.

Most often, a mortgage is taken out for the following purposes:

purchasing new real estate or an apartment on the secondary market;
loan secured by existing housing;
refinancing a mortgage at VTB or other previously received loans.

Buying a home is the most common purpose of mortgage lending. For most Russian citizens, this option is the only way to purchase real estate.

Mortgages from VTB in 2021 are quite attractive. The basic interest rate is 9.2% per annum. It is worth noting that as a result, the mortgage rate at VTB 24 may become different, because its size is affected by the type of loan and the status of the borrower.

Loan secured by real estate

The loan conditions for this program differ from the previous ones. To apply for a mortgage, the borrower must have:

Russian passport, military ID (for those under 27 years old).
Work on the territory of the Russian Federation.
A copy or extract from the work record book.
State pension insurance policy.

Certificate of income in form 2-NDFL or in bank form) / tax return for the last year. If you are the owner of a VTB salary card, then previous documents will not be needed.

Documents on collateral real estate

This loan is issued against housing that the borrower owns. In view of this, additional certificates of ownership will be required:

Certificate of ownership of housing.
Extract from the house register.
A conclusion drawn up after the assessment of real estate.
Documents on technical inventory of housing.
Certificate of qualitative and quantitative characteristics of this object (issued by a company with a state license).
The borrower pays for the appraiser's services.

Program "Pledged Real Estate"

Under this program, the bank offers borrowers to purchase housing pledged by the bank. To purchase an apartment, you don’t have to be a citizen of the Russian Federation; you just need to work in the state.

List of documents:

Application on the website;
Russian passport;
Insurance pension policy (SNILS);
Military ID.
Certificate of income of an individual (documents on this item are described in more detail above);
A copy of the work book.

Special loan programs for the purchase of secondary housing

The loan size under the “Victory over formalities” program can reach a maximum of 30 million rubles. The minimum down payment when purchasing a secondary property is 40% of the total payments. The rate is 7.9%. Using this program, you can get a mortgage by providing only two documents - a passport and SNILS. No income certificate is required. SNILS have the right not to be provided to persons who are not required to possess this document according to Russian law (in particular, military personnel). This type of contribution does not provide for the use of maternity capital. Documents for this program are processed in an expedited manner, within 24 hours after submitting the application.

Co-borrowers

The applicant’s spouse, as well as their immediate relatives, can act as co-borrowers. In this case, the total income of co-borrowers is taken into account. To obtain a mortgage, all loan participants must collect the same package of documents as the main applicant. In this case, both spouses, or the applicant and his relatives, become the owners of the property.

What can affect getting a loan from VTB Bank

The bank's decision may be influenced by the following nuances:

loan amount,
loan terms,
down payment amount,
the value of the collateral property,
The currency in which the loan was issued.

It should be noted that the reduction in interest rates is also affected by: preferential government programs, the borrower's life insurance policy, and a down payment of more than 20%.

If a client has unofficial income and cannot collect the necessary documents, he is offered less favorable lending conditions.

The procedure for restructuring foreign currency mortgages at VTB

In order to ensure that the borrower retains the property purchased under a foreign currency mortgage, and at the same time the lender does not lose payments, VTB proposes restructuring. There is no specific definition for this concept. VTB implies the possibility of revising some terms of the mortgage agreement due to the difficult financial situation of its borrowers.

If the mortgage loan payment is higher than forty percent of the family budget, VTB advises you to contact the branch and write an application for debt restructuring.

How the bank can help:

monthly payment is halved for a period of 12 months;
it will be possible to pay off interest only for 6 months, while the amount of the principal debt will not change;
the lending currency will be recalculated into rubles (the currency conversion rate is only seven percent);
the dollar will be reduced by 600 thousand rubles;
the payment period will last for ten years.

The terms offered by VTB are very flexible. Clients will retain their housing and will be able to pay off foreign currency loans.

Restructuring is offered only to persons who accurately make payments without violating the concluded mortgage agreement.

Mortgage repayment

When receiving a loan, an individual account is opened for each client, from which money transfers will be credited to the bank. To avoid penalties, the mortgage should be repaid on schedule every month. Payments consist of principal (the principal amount of the loan) and interest (the interest rate specified in the agreement).

How to make payments

Money can be transferred to VTB Bank in the following ways:
In the VTB Online system (the transfer is free and carried out instantly);
Through VTB branches (transfers during the day, commissions are taken);
VTB terminals and ATMs (free transfer throughout the day);
Transfers from other banks (commission fees. Transfer times vary);
Service “Golden Crown. Repayment of loans." (commission. Transfer within 3 days).

How to pay off a payment early

The loan can be repaid in full or in parts before the deadline specified in the agreement; to do this, you need to perform the following steps:

Submit a request to change payment terms online.
Change loan repayment requirements.
Indicate what exactly you want to do: change the payment terms or the amount of contributions.
Deposit the payment amount into your bank account using any of the methods listed above.

What will happen to foreign currency mortgages in 2019?

There is no consensus among experts on this issue. There are suggestions that banks will lower mortgage rates to attract customers. Another part, no less authoritatively, states that in 2019 the number of foreign currency mortgages will not increase. On the contrary, observing fluctuations in the ruble exchange rate, which can increase the size of monthly payments, Russians will not enter into a mortgage agreement in foreign currency.

Now the difficulties of mortgages associated with exchange rates are entirely borne by the borrowers. This is confirmed by the Supreme Court's recent ruling.

Key benefits of a mortgage

The advantages of a mortgage include the following arguments:

A mortgage loan is an excellent opportunity to quickly get your own apartment.
It's better to pay for your own home than to pay hefty sums of rent every month.
A loan is still better than saving for housing all your life, and in the end realizing that the money was “eaten up” by inflation. This will not happen with a mortgage loan (interest rates are specified in the contract).
Over the years, housing increases in price. Therefore, a mortgage is a profitable investment.
State mortgage programs offer preferential conditions for young families, which means it is an opportunity to purchase an apartment cheaper.

Bill on restructuring foreign currency mortgages

Four years ago, the ruble exchange rate against foreign currencies dropped so much that payers of foreign currency mortgages found themselves in harsh conditions: their monthly payments almost doubled. More than three thousand foreign currency borrowers and their families were faced with the fact that they could lose their already partially paid apartment.

Representatives of A Just Russia submitted to the Duma a bill aimed at supporting clients with foreign currency mortgages, on the possibility of “forgiving” part of the debt.

The law did not receive government support as presented.

The Central Bank of Russia tried to solve the problem by developing recommendations on the restructuring of foreign currency mortgages. It was proposed to restructure only housing currency contracts concluded before the beginning of 2015, and the rate corresponded to a mortgage in rubles and decreased slightly.

The recommendation letter of the Central Bank of the Russian Federation dated January 23, 2015 did not inspire the parties to the conflicting credit relations. Banks did not want to incur significant losses, and citizens received imperceptible improvements.

The state, in turn, as support, issued the April 2015 Government Resolution No. 373. It determined the categories of citizens who were provided with preferential terms for restructuring. In December 2015, Presidential Decree No. 1331 was issued. It sets out the requirements for borrowers eligible for government support.

The Decree continues to apply in 2021 and applies to foreign currency housing loans, even taken after January 1, 2015. The maximum amount assigned by the state to help citizens is six hundred thousand rubles. If the borrower cannot qualify for assistance based on the parameters listed in the document, he will still face the problems on his own.

Was it allowed to pay off foreign currency mortgages at a low rate?

The Central Bank of the Russian Federation invited banks to convert foreign currency loans in ruble equivalent at the low rate fixed as of October 1, 2014. The cost of a dollar is 39.39 rubles, a euro is 49.94 rubles. The recommendation is not binding. VTB Vice President Andrey Osipov commented on the bank’s position, noting that there are no plans to convert the currency lower than the exchange rate. VTB accounted for approximately a quarter of all foreign currency housing lending in Russia. These loans amounted to less than one percent of its mortgage portfolio.

In the last month, VTB made eight hundred decisions on the restructuring of foreign currency loans. But only a few dozen were implemented. Foreign currency borrowers are confused by the actions of the Central Bank, as well as deputies. And they allow for overdue debt. But there is an opportunity to reduce the mortgage payment by 1.5-2 times.

How to get help converting to a ruble mortgage?

If VTB refused to restructure, don’t panic. Find out the reason from the manager. Perhaps it can be easily resolved, then the application should be resubmitted.

Applying for a mortgage to purchase a share in an apartment

First, the borrower needs to collect documents to consider the application: passport, work certificates, information about marital status, etc. The bank will analyze the information received and decide whether it is possible to provide a loan.

If the decision is positive, the client can begin collecting documents for the purchased object. If the collateral is legally clear and meets the requirements of the banking organization, the transaction is concluded.

If you plan to purchase the last share and then become the owner of the entire object, there will be no problems. But when it comes to a room in a communal apartment, it is necessary to obtain consent to the transaction from other co-owners, since they have the primary right to purchase.

A mortgage loan for the purchase of a share in an apartment may be more expensive than a loan for the purchase of an entire property. The bank bears increased risks, and therefore increases rates. For example, DeltaCredit increases the rate by 0.5% if the client takes out a mortgage for a room.