Social mortgage for public sector employees in 2021: conditions, how to apply, documents

Program “Social mortgage for state employees”

Despite the name, this program does not have much in common with a regular mortgage. Assistance to government employees is usually expressed in three possible options. The program participant can choose one of them.

• One-time compensation. A certain percentage of the cost of the purchased apartment (no more than 15%) is returned to the public sector employee as a one-time payment. In this case, you must already have documents for the apartment in order to issue such a return.
• Mortgage interest compensation. Usually happens once a year.
• Providing housing on more favorable terms, at low interest rates.

Separate programs have been developed for teachers and military personnel. For example, according to the 2014-2015 program for teachers, young professionals can purchase real estate at a very low interest rate, the down payment is also only 10% of the cost, they can refuse insurance, and the terms of the service are extended for a maximum period.

Of course, mortgage benefits for public sector employees require compliance with certain conditions. For example, work experience must be at least 3 years, and the borrower’s age must not be older than 35 years. Typically, banks ensure that the borrower is no more than 70 years old at the end of payments. This is not in their interests for obvious reasons. And of course, the most important condition is that you really need housing, otherwise you won’t get into this program.

Mortgage terms

Loans to civil servants are issued with the participation of the state budget; therefore, mortgage conditions may differ significantly from the conditions of standard programs:

1. The minimum loan amount is 300 thousand rubles. The maximum is 12 million for facilities within Moscow and St. Petersburg, 6 million in other regions of Russia.
2. The mortgage rate at Sberbank for government employees is 0.1% in the first year (a discount from an accredited developer applies), then from 6.1%.
3. The loan term is up to 20 years.
4. Down payment – ​​from 15%.
5. To confirm income, the client must provide a certificate of employment and 2-NDFL.
6. The loan is secured by the real estate being borrowed.
7. The bank obliges to insure the collateral against the risks of loss/destruction or damage for the entire loan repayment period.
8. Borrowers who purchase housing under construction or an already completed apartment from a legal entity are eligible to participate in the program.
9. Sberbank does not limit clients on the time frame for completing the construction of a house.
10. Documents for the apartment must be provided within 90 days from the date of approval of the application.
11. You can sign an agreement with state support until July 1, 2020-2021.
12. Despite the fact that the program is designed to help those in need, it has many nuances that are important to consider before applying for a mortgage.

Additional conditions for issuing benefits

Preferential mortgages for civil servants and public sector employees are issued by Sberbank only if there is a need to improve housing conditions. Who benefits from subsidies:

• civil servants living with their entire family or close relatives;
• borrowers who rent an apartment or communal apartment and do not have their own home;
• public sector employees living in an apartment whose area does not meet established sanitary requirements and standards (less than 18 m2 for each member of a family of three).

The amount and conditions for receiving mortgage benefits depend on the applicant’s profession. Loans are issued to municipal employees only if they have a certain amount of experience in the public sector:

• for teachers – from 3 years;
• for scientists – from 5 years;
• for military personnel - more than 3 years of participation in the savings mortgage system (NIS).

At the same time, borrowers are required to work from 5 to 10 years in this area after receiving funds, otherwise they will be required to return the entire amount or part of the allocated subsidy.

The size of the payment depends on the increase factor (Table 1), the average cost of real estate in the borrower's region, but does not exceed 30-35% of the loan amount.

Table 1. Subsidy increase factor

Mortgage subsidies under the program to support civil servants and state employees are issued only if the recipient is in line and works in a municipal or state budgetary institution.

Additional terms:

• lack of ownership or rental of living space that satisfies regulatory needs;
• age – no more than 35 years;
• for the military – participation in the NIS.

Housing mortgage for public sector employees: features

• The first thing you need to know is that such benefits are not available throughout the country. Sometimes such loans on better terms are issued only in certain regions and cities. This is due to the fact that all these programs were invented for a reason, but with a specific purpose, most often with one goal - to attract young specialists to the public sector and keep them in place. Therefore, first of all, any subsidies appear in regions with an acute shortage of personnel. First, find out if there is a social mortgage in your city.
• There is a queue and certain conditions that can advance in this queue. These include disability, the presence of a serious illness in one of the family members, participation in military operations, etc. Of course, there are many people who want to participate in the program, but there are fewer funds in the budget. Therefore, not everyone will wait their turn.
• Preferential mortgages for public sector employees were created to help people whose income is significantly lower than that of employees of commercial organizations purchase housing. But there is another side to this coin. Not all banks undertake to work with individuals whose income is too low. This is understandable; they protect themselves from risks. For this reason, they are increasingly trying to choose banks with a state share, for example, Sberbank.
• Participation in such a program requires you to fulfill certain obligations. One of them is to remain a state employee until all payments are completed, that is, for the next 20-30 years. This does not mean that you cannot change your job at all, but you can change it within the public sector. In other words, you cannot participate in the program, receive benefits, and then go work for a commercial organization.
• There is undoubtedly a very positive aspect of social mortgages. When a bank agrees to give you a loan, it understands that it is taking on a certain risk. Sometimes a person may experience financial difficulties. All this is provided by the program. If difficult life circumstances suddenly arise, no one will rush to judge you and deprive you of your apartment. For public sector employees there is a deferment in loan repayment.

Features of preferential housing loans for young professionals

Young specialists are graduates of higher or secondary educational institutions who work at state enterprises according to their specialty. Most often these are employees of health care, science or education. A young specialist is considered to be under 35 years of age.

It is difficult for young people employed in government agencies to purchase housing on their own. The main reason is low wages. Employees of public sector enterprises earn less on average than employees of commercial companies. If the monthly payment takes up more than 40% of your income, the bank will not approve your mortgage application.

In 2021, the Independent Monitoring Foundation “Health” surveyed 1,725 ​​Moscow doctors. As a result, it turned out that 28% of them receive less than 20 thousand rubles a month, and only 14% have an income of more than 50 thousand. For comparison, the average salary in the capital for 2021 was 73,846 rubles.

The state is ready to help state employees improve their living conditions. Federal and municipal authorities have developed programs that make apartments and private houses more affordable.

Some state-owned enterprises themselves help their employees. Example - Russian Railways. The borrower receives a discount on the interest rate due to the fact that the employer pays part of it for his employee. The company provides free housing subsidies to certain categories of railway workers, for example, disabled people or orphans.

Mortgage conditions for state employees

As mentioned earlier, to participate in the program you must meet certain conditions: have a certain length of service, age, etc. However, the most important thing is that you still need to prove that you need housing. And you will have to fight for this. Long before you go to the bank for a loan, you will need to contact your local administration and find out if you qualify for any program.

If it turns out that we can become a participant, the next difficult stage will begin - provide all the documents proving that you really need housing. They will tell you what documents are needed, everything is very individual.

If there is no apartment at all and you live in a rented one, then you will need a certificate stating that you are not the owner of any housing. Usually, a certificate of family composition is also added, since if there are small children, this can speed up the process.

You may be the owner of an apartment, but it does not meet the standards. For example, a tiny dorm room. At the same time, a commission should come and make sure that it is really impossible to live like this. After this, you should have a document in your hands, this is a confirmation document with which you will return to the administration.

There is another option - to provide documents for the apartment and a certificate of family composition, from which it will be clear that the square footage of the apartment per person does not meet the standards.

The sadder the housing situation and the more additional conditions for benefits (disability, illness, veteran's certificates), the faster the answer will be given. If it is positive, you will be given a document called a “certificate of benefits.” You can go to the bank with it.

All these difficult steps are worth it, because the benefits are very significant: the percentage is much lower, the conditions are more loyal. There is even an opportunity to get a mortgage for public sector employees without a down payment, but it is precisely this considerable amount that lies the main difficulty of purchasing a home.

Terms of provision and requirements for borrowers

Subsidies for improving housing conditions are given for the purchase of real estate on the secondary and market and in new buildings, as well as for the construction of a residential building.

To receive government support, it is not enough just to be a public sector employee. The main thing the borrower needs is to have a need to improve living conditions.

Those in need of government assistance include:

• owners or tenants of social housing that does not meet regulatory requirements;
• residents of a dilapidated or dilapidated building who do not own other suitable real estate for living;
• users or owners of social premises, provided they live together with a person with a severe illness;
• families in which the actual footage per member is less than the norm established in the region.

Public sector employee + poor housing conditions = preferential terms for a mortgage
Orphans, disabled people, combatants and other categories of citizens have the right to receive priority government support.

The decision to provide assistance is made after analyzing both the living conditions and the applicant’s compliance with the requirements.

A public sector employee must:

• work in the public sector in your specialty for at least 3 years;
• be employed in your last place of employment for more than 1 year;
• have a down payment;
• be a citizen of Russia;
• have a positive credit history;
• be under 35 years of age;
• have enough income to repay the mortgage.

The terms of some programs require you to enter into an employment contract for a certain period - for example, 5 or 10 years. If a civil servant resigns before the debt is paid in full, the right to a preferential mortgage will be lost. The municipality will demand the return of the issued subsidy or reimburse the state for the interest it paid on the loan.

The general conditions for providing preferential housing loans are listed. The leadership of each region has the right to make its own adjustments. For example, in the Moscow region, the age of a participant in the program for assistance to medical workers has been raised to 50 years, and the work experience for unique scientists has been reduced to 1 year.

You can only use the government subsidy once. All repeated applications will be rejected even if all requirements are met.

If the right to preferential social benefits Both spouses have a mortgage, then only one applies; the second’s application will be rejected.

Mortgage subsidy for public sector employees: documents

It is difficult to say exactly which documents you may need at what stage. It all depends on the program in your region, the specific terms of the loan and the bank. Here is a sample list of documents that may be useful to you throughout the process of obtaining a loan. Remember to always make copies everywhere.

• Benefit Certificate
• Passports of all family members, birth certificates of children
• Certificate of family composition
• Certificate from employer about length of service and average income
• A copy of the personal account of all family members to calculate the total income
• When an apartment has already been purchased, you must bring all the documents for it: purchase and sale agreement, certificate of ownership, etc.
• Certificate of absence of debt

In fact, at the first stages, a loan is issued in the same way as any other. First, you submit your documents, your application form and all the certificates, which the bank will carefully check and consider. You can also attach the benefit certificate here. If the answer is yes, you can safely look for housing. Sometimes housing is provided by the state at prices much lower than on the real estate market. Well, then you can draw up a loan agreement.

The most common way to develop events is to obtain a loan with a low interest rate, and then annually the state returns a certain percentage.

Military mortgage as a preferential loan option for public sector employees

Military mortgages are provided to military personnel (soldiers and officers) serving in the Russian army on a contract basis, under the following conditions:

• annual rate – 9.5%;
• repayment period – up to 20 years;
• loan amount - up to 2.33 million rubles.
• In this case, the borrower should not be more than 45 years old at the time of applying for the loan.

List of required documentation:

• Completed loan application form
• Applicant's passport document
• A certificate confirming the military’s participation in the savings and mortgage program.
• Documentary documents for real estate purchased with a mortgage.

The Bank reserves the right to expand this list at its discretion.

Sberbank: social mortgage for public sector employees

Sberbank is the leader in the number of people willing to take out a loan from it to buy a home. There are many reasons for this: a large number of different mortgage programs, low interest rates, favorable conditions and simply a good reputation. But it is worth knowing that Sberbank does not provide loans for the purchase of an apartment without a down payment. In this way, the bank protects itself from the risk of non-payment, because without the contribution the amount and interest will be too high. Therefore, if there are no savings, the only way out is maternity capital. At the same time, it is not recommended to take out another loan (consumer) or apply for a credit card for the sake of a down payment. It will be extremely difficult to pay such amounts. This is too risky a move.

Mortgages for public sector employees in Sberbank are accompanied by a low interest rate - from 9.5% (note “from 9.5%”, this is a possible figure, you will not necessarily have such a percentage, it all depends on the specific situation). Down payment from 20% if you take advantage of a subsidy. Everything will be much simpler if your salary comes to your Sberbank card. Then you can receive additional benefits and services, and the bank itself can check your income and solvency.

In addition, there is a program for young families, which can be combined with a program for state employees if you fit into both categories. The interest rate is 11%, but one of the spouses must be under 35 years of age.

At the same time, the bank does not require any registration fees. You can easily and simply repay your loan in full at any time and without overpayments or penalties. You will have to insure the apartment against various damages and losses. You can also insure the life of the borrower himself, then the interest rate will decrease (this is an optional item when receiving a loan).

Advantages of Sberbank for public sector employees

When living in an apartment whose area per family member is less than the established norm, and if there is a need to improve living conditions, a person can apply for state support. When applying for a loan for real estate, public sector employees are also entitled to a subsidy.

Advantages of obtaining a mortgage loan for public sector employees at Sberbank:

1. The interest on the loan is lower than for all other programs: in the first year 0.1%, then 6.1%.
2. There is no need to visit the bank; you can fill out the application yourself on the DomClick website.

1. Opportunity to receive up to 12 million rubles.
2. You can get a mortgage for public sector employees with discounts from accredited developers. You can receive an individual offer on the official DomClick portal.

1. There are no hidden fees or charges on the loan.
2. If a public sector employee’s salary is deposited into an account in Sberbank, then he will not have to confirm his income. He will also have his interest rate reduced by 1%.
3. The mortgage loan can be repaid partially from the first month, and in full - after six months. Early repayment is made through the Sberbank-Online mobile application.
4. Sberbank has a service for electronic registration of transactions with justice, which not only reduces the loan rate, but also speeds up the registration process. More detailed information about the service:

Rosselkhozbank: mortgages for public sector employees

Rosselkhozbank also offers several mortgage programs. For example, there is an advantageous offer for military personnel and young families. The spouses must be officially married, the borrower's age is from 21 to 35 years. The down payment is 10% of the total cost, the percentage is lower, and a deferment of 3 years is provided after the birth of the child.

For those who cannot pay a large amount at once, the bank offers programs without a down payment. But at the same time, the requirements for the borrower are higher, the terms are shorter, and the interest rate is higher. You can take out 2 loans at once. One is a mortgage, and the second is a pledge of existing housing; it will be used as a down payment. Or you can use maternity capital.

You can get a loan to purchase housing (including one under construction), a house, land for building a house, an unfinished house to complete construction.

The borrower is subject to certain requirements:

• At least one year of experience at last place of employment
• A certain income that allows you to repay the loan
• Russian citizenship

Just like in any other bank, you first need to submit an application and all documents for issuing a loan. Wait for an answer and select housing. After which a loan is issued. The only difficulty is that there is not a branch of Rosselkhozbank in every city. And the presence of a branch at the point of registration and residence of the borrower is mandatory.

Which bank has the most favorable conditions for preferential mortgages for public sector employees in 2021?

Sberbank

You can use a certificate for receiving a housing subsidy within the framework of the following mortgage programs of Sberbank of Russia:

• Purchase of housing under construction;
• Purchase of finished housing.

The base rate under the subsidy program is from 9%, the loan term is up to 30 years, the down payment is from 15%. There are also certain additions to the specified interest rates:

• +1% - if the borrower refuses to take out a life and health insurance policy for the entire loan period;
• +0.5% - if the borrower does not receive wages on the Sberbank card.

You can also take advantage of the offers of partners participating in the subsidy program, who offer special interest rates for the purchase of a new building with a mortgage. Their list can be found on the official website of Sberbank.

For military personnel, Sberbank offers a separate product - “Mortgage for the Military.” Under this program, the borrower can purchase an apartment, residential building or other residential property on the secondary market. The maximum loan term is 20 years. The interest rate is fixed for the entire loan period - 9.5%.

Advantages:

• Loyal requirements for borrowers;
• Possibility of lending at special interest rates from partner developers;
• Extended loan term - 30 years (for military personnel - up to 20 years).

Flaws:

• Mandatory real estate insurance.

VTB 24

VTB24 Bank offers only one mortgage product for public sector employees - “Mortgage for the Military”. According to the terms of the program, potential borrowers can purchase housing in new buildings or on the secondary market. The down payment on the loan depends directly on the type of property chosen and ranges from 15% per annum. The maximum loan amount is 2.29 million rubles; accordingly, in the absence of your own savings, you can only count on economy-class housing.

The interest rate on the loan is 9.7%, but it will be increased by 0.3% as soon as the borrower ceases to be a participant in the savings-mortgage system.

The loan is repaid from the state budget, through contributions from NIS.

Advantages:

• Possibility of using NIS contributions as a down payment on a mortgage;
• No additional commissions;
• Possibility of purchasing an insurance policy against the risk of loss or damage to real estate from any insurance company.

Flaws:

• Increasing the interest rate to 10% after leaving the savings-mortgage system;
• The maximum loan amount is 2.29 million rubles.

DeltaCredit Bank

DeltaCredit Bank offers a universal mortgage product “Mortgage for Young People”, which allows you to purchase a room, apartment or private house. Participants in government mortgage programs - teachers, doctors, military personnel - can use available government subsidies when applying for this loan product. General lending conditions provide for payment of a down payment of 10-40%, depending on the type of property purchased. The maximum term is 25 years, the base interest rate on the loan depends on the size of the down payment and ranges from 10.25-10.75% per annum.

Advantages:

• Down payment amount – from 10%;
• Possibility of using government subsidies when choosing any mortgage product;
• No hidden fees.

Among the shortcomings, one can highlight only the mandatory condition of real estate insurance.

AHML

The Housing Mortgage Lending Agency offers 3 programs with the possibility of using mortgage benefits for public sector employees:

• Military mortgage;
• Regional programs;
• Social mortgage.

The conditions for the “Military Mortgage” program provide for: payment of a down payment of 20%, an annual loan rate of 9%, a loan term of 3 years until the age limit for military service. The down payment on a mortgage loan can be paid from personal funds or from NIS contributions at the request of the borrower. The maximum loan amount is 2.41 million rubles.

Preferential regional programs have been developed in connection with the needs of the population in the relevant constituent entity of the Russian Federation. Their conditions may change due to changes in the current program. Potential participants may include public sector employees, large and young families. The interest rate under this program is low - only 6% for the entire loan term.

In addition, it is possible to use maternity capital funds to pay the down payment or repay part of the loan.

You can get acquainted with the partners implementing the regional AHML program in your region on the agency’s website.

The AHML social mortgage for doctors, teachers and young specialists is valid only in Moscow and the Moscow region and applies to both already working specialists and those who are ready to move to the corresponding constituent entity of the Russian Federation. The terms of the program provide for the purchase of housing, paying only the accrued interest on the loan for 10 years. The first payment must be at least 50%, the remaining 50% of the cost of housing is subsidized by the state in the form of monthly payments. The interest rate varies depending on the type of property:

• For housing under construction – 8.75%;
• Finished housing – 9%.

Mortgage for primary housing for state employees

The social mortgage for the purchase of primary housing is not much different from the same program for the purchase of secondary housing. The interest rate is the same, it depends on the cost of the apartment.

Typically, apartments in a new building cost less than residential ones. Some incentive programs offer even less than market value. If the apartments have already been purchased by the state, they are sold at cost.

It is worth knowing that when buying an apartment in a new building, you can save money by taking out a loan at the initial stages of construction, while prices are low. The difficulty with such a mortgage is that you are buying an apartment in which you will not be able to live for some time, that is, you will have to pay the mortgage and pay rent. However, many believe that it is worth it, since then you get a new apartment, not burdened with any debts or fines, not having any other owners except you, with new wiring, pipes, etc.

While the house is being built, only the right of claim acts as collateral, but after the house is put into operation, it will be necessary to re-issue the contract, where it should be indicated that the apartment itself now acts as collateral.

Most likely, you will have to insure the collateral and the life of the borrower. Cash is never handed out. They are transferred to the account of the construction company.

Forms of providing preferential housing loans

There are 2 main options for assistance under presidential or gubernatorial mortgage programs.

Support is received as:

1. Partial reimbursement of housing costs from budget funds. The borrower is provided with a certificate, the funds of which can be used to pay for part of the purchased apartment or house. According to the latest news, the subsidy amount is at least 35% for families with children and 30% for other applicants.
2. Reduced interest rates when applying for a social mortgage. Part of the interest on the loan is repaid from federal or municipal budget funds. Under some government programs, interest rates are subsidized by AHML (Housing Mortgage Lending Agency).

Regions have the right to independently approve other types of preferential lending.

Example:

In the Moscow region there is a program under which the borrower pays only interest on the mortgage. The cost of the apartment is fully paid by the municipal budget. The state program is designed for health workers, young scientists and teachers.

Refinancing is allocated as a separate form of state assistance - with the assistance of AHML, in case of problems with loan repayment, the debt can be reduced by 1.5 million rubles.

Mortgages for the military from Sberbank

Basic conditions for lending to defenders of the Motherland
Lending for housing purchased by military personnel has certain features. They are expressed in their participation in the NIS program, as well as in the cutoff age - up to 45 years. Therefore, the offer is designed for a maximum repayment period of 20 years.

Read more - Military mortgage in Sberbank

Loan costs for military personnel

He has the right to spend the funds credited to the military’s special account for the down payment. Subsequent receipts to the account will also be redirected to payment of obligations. At the moment the rate has been reduced to 9.5%. If there is a shortage of funds, the military has the right to apply for an additional loan to pay off these obligations.

Lending terms

Loan conditions for military personnel participating in the NIS

Programs to support civil servants in Russia

Civil servants in most cases do not have the opportunity to save their own funds and buy housing. The implementation of preferential mortgage programs at Sberbank with the allocation of subsidies from the state budget helps solve the problem of providing housing for this category of citizens.

Who is eligible for the subsidy?

The central regulations governing the procedure and conditions for the provision of subsidies by the state for the purchase of housing by civil servants are Government Decree No. 63 of January 27, 2009 and Federal Law “On the State Civil Service in the Russian Federation” No. 79-FZ of July 27, 2004.

In accordance with their provisions, the following are entitled to receive a targeted subsidy:

• employees of the Presidential Apparatus;
• employees of judicial bodies (Supreme, Arbitration, Constitutional and other courts);
• customs officers, prosecutors, Central Election Commission;
• members of the Chamber of Accounts;
• employees of the Security Council of the Russian Federation;
• employees in the administrations of the constituent entities of the Russian Federation at various levels.

IMPORTANT! An applicant for a gratuitous payment from the budget belonging to the categories listed above must have worked in the civil service for at least 1 year.

Conditions for registering as needy

In addition to the mandatory one-year work experience, the key criteria determining the right to issue a housing subsidy are:

1. The civil servant and his immediate relatives do not have their own housing (this also includes social housing for rent).
2. If a budget employee has his own living space, there is a discrepancy with the minimum living space standards (each family member has less than 15 sq. m.).
3. Residence of a civil servant in real estate that has the status of dilapidated emergency or subject to demolition.
4. Inability to live in one’s own housing due to serious non-compliance with sanitary and epidemiological standards (for example, another person with a serious illness of a contagious nature lives in the same living space).
5. Accommodation in a communal apartment/dormitory.

Among the additional features that determine the primary right to receive benefits is the presence of three or more children in the family. Applications from such citizens are considered first.

Calculation of the subsidy amount taking into account standards

The amount of payment due for the purchase of housing is influenced by the following factors and indicators:

• work experience in government agencies;
• place of duty;
• an adjustment factor calculated depending on the length of service of a civil servant (minimum value 1.05, maximum value 1.5);
• social norm of living space for each family member (33 sq. m. - if a person is single, 42 sq. m. - if a family consists of two people, 18 sq. m. per person - if there are three or more people in the family).

Taking into account the indicated parameters, the amount of the subsidy is determined by the cost of 1 sq. m. m., approved quarterly in each Russian region separately (the responsible body is the regional Ministry of Construction). It is logical that this indicator for civil servants in Moscow will be higher than in other regions of the Russian Federation.

What documents will you need?

Queuing for a housing subsidy is carried out by submitting the following package of documentation to the authorized federal commission:

• applications addressed to the head of the commission;
• copies of the work book;
• certificates of marriage/divorce;
• children's birth certificates;
• extracts from the house register;
• documents confirming the ownership of the civil servant or his family members to the living space (if any);
• bank details proving the existence of a valid account in the name of the government employee.

The commission makes a decision on each application no later than two months from the date of submission of the full set of papers. If there is a large flow of applications for subsidies, then, in agreement with the highest authorities, the time frame for their consideration may be increased.

Receipt procedure

After the expiration of the allotted period for making a final decision on the civil servant’s application, the authorized commission issues a response. If a negative decision is made, a written response with detailed justification for the result is sent to the address indicated by the applicant. Among the most common reasons for refusal to provide subsidies for civil servants with an existing mortgage are:

• allocation of shares to other family members;
• failure to fulfill the agreement on the use of residential premises;
• exchange of an apartment, which is collateral for a mortgage, for housing of a smaller area and cost.

If the refusal was due to errors in the documents provided, then if they are corrected, the civil servant has the right to apply again after six months.

If the application is approved, the civil servant is put on a waiting list to receive a targeted housing subsidy.

If a budget employee has an existing mortgage loan from Sberbank, then the commission will request a number of additional documents, including a copy of the loan and mortgage agreements, as well as title documents for the purchased property.

As soon as the turn comes, the civil servant will receive appropriate confirmation, and the funds due will be transferred to the mortgage loan account.

NOTE! Since the subsidy is strictly targeted, it is impossible to receive it in monetary terms to your account or in cash.

Housing lending with the help of state subsidies helps to increase motivation for civil servants to develop continuous work experience in budgetary institutions, even with a low level of income in this area, as well as to provide comfortable housing and improve the current standard of living.

How to use

State employees can use budget funds only for the following purposes:

1. Building your own home.
2. Purchasing an apartment/house/townhouse using DCT.
3. Payment of a share contribution in case of purchasing an apartment in a cooperative.
4. Repayment of debt on an existing mortgage loan (funds can be used to pay principal and interest, excluding any penalty payments).

The interdepartmental commission carefully checks the purpose for which the allocated subsidy is planned to be spent, and if any violations enshrined in the law are detected, the application may be rejected.

Preferential lending program for public sector employees

The status of public sector employees is not determined at the level of financial institutions. To obtain it, citizens of the Russian Federation must contact the relevant local executive authorities. Depending on the category of public sector employees, either their needy position or their privileged status is determined.

In any case, public sector employees must provide Sberbank with documentation confirming their status and the funds allocated to them in the form of a subsidy or certificate. Accordingly, with such lending, the circle of participants expands. It consists not only of the lender and the borrower, but also of the state that facilitates taking out a mortgage. The latter is represented by several levels of government.

Procedure

To obtain a mortgage, a person must first determine his financial capabilities. They must be at the proper level not only to cover monthly payments, but also to remain sufficient for life support. This preliminary estimate can be made using a mortgage calculator. This will also allow you to identify the desired mortgage parameters.

Required documents

The documentation presented by the future mortgage borrower is delivered to Sberbank in stages. This is due to the peculiarities of mortgage lending, which takes into account the period for the buyer to search for housing after his application is approved. As for state employees specifically, the documentary case for them increases compared to the standard clientele.

Thus, at the initial stage, basic documents are provided regarding the applicant’s identity, his employment and income, as well as participation in the state program. After three months (or during this time), the prospective borrower (state employee or not) provides documentation on the property being purchased and the amount available in the account for the down payment.

Review procedure

The client can send an application either in person or through the Sberbank Online service. In the second case, you need to create a personal account and go to the “Loans” tab. Receiving a response from Sberbank occurs both in your personal account and via SMS notification.

Analysis of the application usually takes about a week. It all depends on the term stated by Sberbank in the mortgage loan used. “Payrollers” are served faster, since the information necessary for the lender is available in the system. If a refusal is received, you are not prohibited from submitting your request again. Perhaps by adjusting the requirements put forward.

An initial fee

Payment of the down payment does not occur immediately. To do this, you must first find suitable housing and ensure that the required contribution amount is in your account. The minimum amount of the initial contribution is determined by Sberbank. The borrower (including public sector employees) has the right only to increase this figure, which entails a decrease in the mortgage interest rate.

Sberbank considers the minimum down payment to be 15-20% of the total requested amount. The maximum limit is 50%. It is typical primarily for citizens who are unable to confirm their income. Accordingly, when applying for a mortgage, you should take into account such large investments from your wallet.

Registration of insurance

Mortgage insurance implies protection for both the property being financed and its buyer (or rather, his life and health). If the first type of mortgage is mandatory by law, the second is characterized as additional. A mortgage applicant may waive optional insurance.

To attract a larger number of insured persons (not housing), Sberbank gives them a discount on the interest rate. Accordingly, the borrower becomes protected and pays a smaller amount of debt in total and as single monthly payments. This benefit can be estimated using a mortgage calculator.

Online calculator

Social lending program

Social mortgages at Sberbank for public sector employees are offered to achieve any goals:

• Buying an apartment from private individuals (secondary market).
• Housing in a new building or in a house at a certain stage of construction.
• Purchase of a private house, plot.
• Construction of your own house.

Requirements for clients when applying for a housing loan
The maximum repayment period that can be counted on is 30 years. It is permissible to issue a loan in a currency other than the national one. As part of a social project, an employee can receive a certificate for the issuance of a certain amount to repay part of the loan. Typically, its size is 30% of the housing price, according to an expert or market assessment. If there are minor children, the subsidy amount increases to 35%. Based on the specific situation, municipal authorities can increase its size to a maximum of 45%.

Read about how to apply for a housing loan in the article - Stages of applying for a mortgage at Sberbank.