How to submit an online application for a mortgage at RosselkhozBank

Mortgage lending programs developed by Rosselkhozbank allow you to become the owner of a new apartment or apartments, secondary housing, a country house, or a plot of land. The bank's partners are large developers, realtors and real estate agencies operating in Moscow and throughout Russia. Thus, residents of almost any constituent entity of the Russian Federation can apply for a subsidy. Special limits have been established for the maximum and minimum amounts of subsidies for the Moscow region and St. Petersburg.

Features of mortgages at Rosselkhozbank

In the list of products of PJSC Rosselkhozbank, mortgages are represented very widely. In fact, today Rosselkhozbank (RSHB) is one of the leading mortgage banks in our country. It issues loans in all major sectors of the mortgage market.

The main thing that distinguishes a mortgage from Rosselkhozbank is the reliability and high authority of the bank itself. Along with such giants as Sberbank, VTB-Bank of Moscow, Gazprombank, VTB 24 PJSC Rosselkhozbank is one of the five largest state-owned banks in the country.

The Russian Federation owns 100% of the bank's voting shares. The activities of Rosselkhozbank are directly managed by the state. This fact determines the exceptional, one of the highest in the country, degree of reliability of the RSHB.

The second feature that makes Rosselkhoz mortgages different from others is its extensive experience in providing loans secured by real estate. The bank is one of the pioneers of this market who started mortgage lending in Russia, is actively developing this area, and has a unique portfolio of loan offers.

Rosselkhozbank Mortgage lends to new buildings - high-rise buildings, secondary real estate market properties, residential buildings, townhouses, shared construction of residential properties. Rosselkhozbank's mortgage for 2020 even included the acquisition of land plots for construction projects.

RSHB, like other state banks, actively participates in state support programs for borrowers from target social groups.

The loan portfolio of the Russian Agricultural Bank includes military mortgages and loans for married couples under 35 years old, “Young Family Mortgage.” Mortgages with maternity capital at Rosselkhozbank are very popular.

Having accumulated extensive experience in working with mortgages, the bank has developed a simple, non-bureaucratic technology for working with borrowers; in some cases, a mortgage is issued upon presentation of just two documents.

Mortgage without down payment

For families with two or more children, it is possible to use maternity capital at RosselkhozBank as a down payment. The owner of the certificate, usually the mother, necessarily participates in the credit transaction as a borrower.

Thus, clients do not need to invest personal savings into a mortgage. The current balance of maternity capital cannot be less than 10% of the price of housing on the secondary market and 15% when registering an apartment in a new building.

To the usual set of documents, you need to add the original certificate and an extract from the Pension Fund of Russia (Pension Fund of Russia) about the current balance of money in your account. After receiving a mortgage, you need to use the declared amount to cover the loan. To do this, the client contacts the Pension Fund and makes a disposal of the family capital. The lender gives three months to close part of the loan with maternity capital.

Mortgage conditions at Rosselkhozbank and requirements for borrowers

PJSC Rosselkhozbank is one of the largest banks in Russia (along with Sberbank, VTB, Gazprombank). RSHB ranks second in the number of branches, and all voting shares of the company belong to the state. Therefore, potential borrowers can be confident in the company’s reliability, which is important in modern conditions.

You can take out a mortgage from Rosselkhozbank both for the purchase of an apartment, apartments in new houses (new buildings) or the secondary market, and for the purchase of a finished house (townhouse, cottage) or land for construction. Moreover, the client can also choose a mortgage loan for the purchase of housing under a shared construction agreement. It is worth noting that under some programs it is possible to obtain a mortgage at Rosselkhozbank without a down payment and with only 2 documents.

In order to obtain a mortgage from the Russian Agricultural Bank, the borrower must meet the following criteria:

1. Be a citizen of the Russian Federation (have a passport).
2. Have registration at your place of residence or stay.
3. For individuals, the work experience at the last job must be more than 6 months and at least one year of total work experience over the last five years.
4. If a mortgage loan is taken out by a client with a positive credit history and who receives wages into an account opened with the Russian Agricultural Bank, then the length of service at the last job may be more than 3 months. Borrowers receiving a pension into an account with this bank are not subject to requirements for total work experience.
5. For those who run a personal subsidiary plot (LPH), it is necessary to have an entry in the household book about the citizen’s management of this same private plot for more than 1 year before the date of filing an application for a mortgage loan.
6. The borrower must be over 21 years of age. However, the loan will not be issued if the client is over 65 years old at the time of closing the debt obligations.

To apply for a mortgage at Rosselkhozbank, a potential client must provide the following package of documents:

• completed borrower questionnaire and loan application;
• passport of a Russian citizen;
• men under 27 years of age must present a military ID;
• documents confirming marriage or divorce;
• children's birth certificates;
• papers confirming the required level of income and work experience of the borrower;
• documents on the loaned property, as well as collateral (if the program provides for collateral).

In order to take out a mortgage for a secondary home at Rosselkhozbank or for an apartment in a new building, individuals will have to provide a certificate in form 2-NDFL or in the bank form to confirm their income level. You can download a certificate on the bank form on the company’s official website. It should also be taken into account that when considering an application, the bank has the right to request any other additional information and documents (work book certified by the employer, education diploma), so you need to be prepared for this.

Mortgage interest rates at Rosselkhozbank and lending conditions depend on the chosen program, the term of borrowing funds, and the status of the borrower. If a person has a positive credit history, is a salary client of the bank, receives a pension into an account at the Russian Agricultural Bank, or uses maternity capital when purchasing real estate, then he can count on preferential conditions and a reduction in the interest rate on a mortgage at Rosselkhozbank.

Now let's take a closer look at each mortgage program in this credit institution.

Mortgage for purchasing housing on the primary housing market

Rosselkhozbank offers clients to obtain a mortgage for a new building under favorable conditions and flexible rates. Preliminary calculation is carried out using a mortgage calculator (online service). Apartments in a new building have a number of advantages, the main one being a relatively low price.

When purchasing an apartment in a new building, a borrower faces some risks. Unscrupulous developers may be late with the delivery of the house, so experts recommend signing an agreement only with Rosselkhozbank partners. The apartments are sold with rough finishing.

Before visiting the official website and using the mortgage calculator, you need to find out in advance the exact cost of the property.

Offered Interest Rates

The interest rate for this lending program is from 10. Clients of Rosselkhozbank can count on preferential conditions and purchase real estate with a mortgage at 9% per annum.

For how many years is the loan issued?

Loan terms are up to 30 years. At the time of full repayment of the mortgage, the age of the borrower must not exceed 65 years.

Mortgage programs

Mortgage program “Dreams come true”

A promotional “product” with the following advantages: rate from 8.20% per annum, no commissions, the ability to choose a mortgage debt repayment scheme, you can confirm your income using the bank’s form. The “Dreams Come True” mortgage loan is issued for the following purposes: for the purchase of an apartment (including a townhouse or a separate part of a residential building with a plot of land), for payment of the price of an agreement for participation in shared construction.

The requirements for the borrower from the Bank are as follows:

• Age from 21 to 65 years (the age can be increased to 75 years, but subject to the requirements of the Bank);
• Citizenship – Russian Federation;
• Work experience – at least 6 months at the current place of work and at least 1 year of total work experience over the last 5 years;
• Registration on the territory of the Russian Federation at the place of residence or stay.

Documents for a mortgage loan

• Application – application form for a mortgage loan;
• Passport of a Russian citizen, or another document replacing it;
• Document on marital status (presence of children);
• For men under 27 years old (incl.) – Military ID or Certificate of Enrollment;
• Documents that can confirm the employment and financial condition of the borrower.

Lending terms

• Currency : Russian rubles;
• Minimum amount : 100,000 rubles;
• Maximum amount : 60,000,000 rubles;
• Loan term : up to 30 years;
• Down payment : at least 20%;
• Issue fee : not charged;
• Collateral : collateral for a property purchased using credit funds;
• Insurance : mandatory insurance of property accepted by the Bank as collateral. Voluntary life and health insurance of the borrower;
• Review period : up to 5 working days;
• Attracting co-borrowers : you can attract up to three individuals.

Mortgage program “Dream House”

The advantages of this program: a rate of 9.30% per annum, no mortgage fees, you can confirm your income with a bank certificate, the ability to choose a mortgage loan repayment scheme (annuity or differentiated payments). The loan can be issued for the purchase of a residential building with a land plot, or for the purchase of a land plot separately. The rate depends on the category of the borrower (the lowest interest rates are available to salary clients of Rosselkhozbank).

Requirements for the borrower:

• Age from 21 to 65 years;
• Citizenship – Russian Federation;
• Work experience of at least 6 months in the current position and from 1 year for 5 years of total experience;
• Registration on the territory of the Russian Federation.

Loan conditions under the “Dream House” program

• Currency : Russian rubles;
• Minimum amount : 100,000 rubles;
• Maximum amount : 20,000,000 rubles;
• Loan term : up to 30 years;
• Down payment : at least 10% (as part of a special promotion for lending to young families);
• Issue fee : not charged;
• Collateral : collateral for a property purchased using credit funds;
• Insurance : mandatory insurance of property accepted by the Bank as collateral. Voluntary life and health insurance of the borrower;
• Review period : up to 5 working days;
• Attracting co-borrowers : you can attract up to three individuals.

The procedure for provision is a one-time loan (credited in the full amount stipulated by the loan agreement). The following documents must be presented: application, Russian Federation Passport, documents on marital status, documents on income and employment, Military ID (for men under 27 years old).

Mortgage program “Don’t overpay”

Special offer for refinancing mortgage loans with an interest rate of 8.40% per annum. Intended use: repayment of a loan previously provided for the following purposes:

• Purchasing an apartment on the primary or secondary market;
• Purchasing a residential building with a land plot (or a townhouse with a land plot);
• Refinancing a previously issued loan for the purchase of an apartment or residential building with land (townhouse).

Requirements for refinanced loans:

1. The loan must be issued in Russian rubles;
2. The duration of overdue payments on a refinanced mortgage for the last 180 calendar days must not exceed 30 calendar days;
3. The validity period of the refinanced loan until the date of submission of the loan application to Rosselkhozbank is: at least 6 months - provided there is no debt, and at least 12 months in other cases;
4. No prolongation (restructuring) of debt and a good credit history for the refinanced loan;
5. The collateral is a piece of real estate or property rights without encumbrances, other than a mortgage loan in favor of the primary lender.

Mortgage program “Special offers”

Intended use of this mortgage program: purchase of an apartment under an agreement for participation in shared construction, or under an agreement for the assignment of rights of claim, or under a purchase and sale agreement from GK A101. Here you can see the lowest mortgage rate of Rosselkhozbank - 3.75% per annum. The interest rate depends on the term and amount of the mortgage loan, as well as on the amount of the down payment. You will receive an additional 1% per annum if you (or your co-borrower) refuse life and health insurance.

Terms and conditions of the “Special Offers” program

• Currency : Russian rubles;
• Minimum amount : 100,000 rubles;
• Maximum amount : 60,000,000 rubles;
• Loan term : up to 10 years;
• Down payment : not less than 15%;
• Issue fee : not charged;
• Collateral : collateral for a property purchased using credit funds;
• Insurance : mandatory insurance of property accepted by the Bank as collateral. Voluntary life and health insurance of the borrower;
• Review period : up to 5 working days;
• Attracting co-borrowers : you can attract up to three individuals.

“Mortgage holiday” program

Using this loan, you can purchase an apartment on the primary or secondary market from a bank partner with deferred payments for the first 12 months of lending. If a deferred payment is granted for the payment of the principal debt and the amount of accrued interest, the loan term remains unchanged. The interest rate on the mortgage is 10% per annum. There are no mortgage fees. The loan term is up to 30 years.

Conditions of the “Mortgage Holidays”

• Currency : Russian rubles;
• Minimum amount : 100,000 rubles;
• Maximum amount : 60,000,000 rubles;
• Loan term : up to 30 years;
• Down payment : not less than 15%;
• Issue fee : not charged;
• Collateral : collateral for a property purchased using credit funds;
• Insurance : mandatory insurance of property accepted by the Bank as collateral. Voluntary life and health insurance of the borrower;
• Review period : up to 5 working days;
• Attracting co-borrowers : you can attract up to three individuals.

Loan documents

• Application – application form for a loan;
• Passport of a Citizen of the Russian Federation, or another document replacing it;
• Document on marital status (presence of children);
• For men under 27 years old (incl.) – Military ID or Certificate of Enrollment;
• Documents on the loaned property;
• Documents that can confirm the employment and financial condition of the borrower (the list of required documents can be changed at the discretion of the bank).

Housing Mortgage Lending Program

Mortgages are provided for: the purchase of apartments in the primary and secondary markets, the purchase of a residential building with a land plot (including a townhouse), or the purchase of a land plot. The mortgage rate depends on the category of the borrower, the loan amount, and the amount of the down payment, and ranges from 9.0 % to 13.5% per annum. In case of refusal of life and health insurance, another 1 percentage point will be added to the rate.

Conditions of the “Home Mortgage Lending” program

• Currency : Russian rubles;
• Minimum amount : 100,000 rubles;
• Maximum amount : 60,000,000 rubles (when purchasing an apartment or apartment, when paying the price of an agreement for participation in shared construction), in other cases - 20,000,000 rubles;
• Loan term : up to 30 years;
• Down payment : minimum from 15% to 30% (depending on the category of real estate);
• Issue fee : not charged;
• Collateral : collateral for a property purchased using credit funds;
• Insurance : mandatory insurance of property accepted by the Bank as collateral. Voluntary life and health insurance of the borrower;
• Review period : up to 5 working days;
• Procedure for granting a loan : one-time (in full amount in accordance with the loan agreement);
• Repayment : monthly differentiated or annuity payments (at the client’s choice);
• Attracting co-borrowers : you can attract up to three individuals.

Requirements for borrowers

• Age from 21 to 65 years (the age can be increased to 75 years, but subject to the requirements of the Bank);
• Citizenship – Russian Federation;
• Work experience – at least 6 months at the current place of work and at least 1 year of total experience over the last 5 years (for salary clients, 3 months of experience at the current place of work, and 6 months of total continuous experience over the last 5 years);
• Registration on the territory of the Russian Federation at the place of residence or stay.

Refinancing a military mortgage

A special program for refinancing mortgages provided as part of mortgage lending to participants of the NIS (savings-and-mortgage housing system for military personnel). The main advantages of the “Military Mortgage Refinancing” program: the ability to change the loan term and payment amount, as well as reduce the mortgage rate. The loan is issued at a rate of 8.75% per annum .

To have your application considered, you must provide the following documents:

• Application – application form for a loan;
• Passport, or a document replacing it (for example: identity card for persons undergoing military service);
• Targeted housing loan agreement confirming participation in the NIS (at least 36 months);
• Loan agreement of the previous lender with annexes and additional agreements.

Lending terms

• Currency : Russian rubles;
• Maximum amount : 2,700,000 rubles, but not more than 75% of the collateral value of a residential building with a land plot or 80% of the collateral value of an apartment, townhouse (a separate part of a residential building with a land plot) pledged, the price of the agreement for participation in shared construction or obligations under the main agreement as of the date of full early repayment;
• Loan term : from 3 to 27 years;
• Issue fee : not charged;
• Security : pledge (mortgage) of real estate or property rights under a refinanced loan (loan);
• Insurance : mandatory insurance of property accepted by the Bank as collateral;
• Review period : up to 5 working days;
• Procedure for granting a loan : one-time (in full amount in accordance with the loan agreement);
• Repayment : monthly payments;
• Attracting co-borrowers : not provided.

Mortgage refinancing program

A mortgage is issued to repay a loan previously provided for the following purposes: for the purchase of an apartment on the primary and secondary markets, for the purchase of a residential building with a land plot (townhouse with a land plot), for refinancing a previously issued loan for the purchase of an apartment, a residential building with a land plot , townhouse with land.

The advantages of refinancing a mortgage are obvious:

• The consent of the primary lender is not required for a subsequent mortgage loan;
• You can change the loan term and payment amount;
• You can choose any mortgage repayment scheme: annuity or differentiated;
• Pay off your debt early without penalties or restrictions.

The interest rate depends on the category of the borrower (salary clients, employees of budgetary organizations, other borrowers), the loan amount (the rate is lower for amounts of 3 million rubles or more), and on the purpose of the refinanced loan. The interest rate for refinancing ranges from 10.15% to 13.50% per annum.

The bank has provided the following surcharges to rates:

• + 1.00% per annum – upon refusal of life and health insurance;
• + 2.00% per annum – for the period until the Bank receives an extract from the Unified State Register of Real Estate.

Conditions for refinancing a mortgage at Rosselkhozbank

• Currency : Russian rubles;
• Minimum amount : 100,000 rubles;
• Maximum amount : 20,000,000 rubles;
• Loan term : up to 30 years;
• Issue fee : not charged;
• Security : pledge (mortgage) of real estate or property rights under a refinanced loan (loan);
• Insurance : mandatory insurance of property accepted by the Bank as collateral. Voluntary life and health insurance of the borrower;
• Review period : up to 5 working days;
• Procedure for granting a loan : one-time (in full amount in accordance with the loan agreement);
• Repayment : monthly differentiated or annuity payments (at the client’s choice);
• Attracting co-borrowers : you can attract up to three individuals.

Mortgage with state support for families with children

A mortgage is issued for the purchase of housing under construction or finished housing from a developer, as well as for refinancing a previously taken out mortgage loan for families in which a second or third child was born from January 1, 2021 to December 31, 2022. You can immediately highlight three main advantages of the program: a very low interest rate - 4.70% per annum (in case of refusal of personal insurance, the rate rises to 6.00% per annum), no mortgage fees, you can repay your mortgage loan early without penalties or restrictions. The documents you need to present are a standard package for Rosselkhozbank: an application for a mortgage, a passport, documents on marital status and the presence of children, documents on the property being financed, documents on employment and income, and for men under 27 years old - an additional military ID.

Intended use

• Purchasing an apartment from a developer under a purchase and sale agreement;
• Purchasing an apartment during the construction stage from the developer under an agreement for participation in shared construction, including under an agreement for the assignment of rights (claims);
• In the Far Eastern District, it is allowed to purchase real estate on the secondary housing market, from an individual or legal entity, an apartment located in a rural area.

Conditions of the program with state support

• Currency : Russian rubles;
• Minimum amount : 100,000 rubles;
• Maximum amount : 12,000,000 rubles (for facilities located in Moscow and Moscow Region, St. Petersburg and Leningrad Region), up to 6,000,000 rubles – other regions of the Russian Federation;
• Loan term : up to 30 years;
• Down payment : 20% of the cost of the apartment;
• Issue fee : not charged;
• Security : pledge (mortgage) of real estate or property rights under a refinanced loan (loan);
• Insurance : mandatory insurance of property accepted by the Bank as collateral. Voluntary life and health insurance of the borrower;
• Review period : up to 5 working days;
• Procedure for granting a loan : one-time (in full amount in accordance with the loan agreement);
• Repayment : monthly annuity payments;
• Attracting co-borrowers : you can attract up to three individuals.

Young family and maternity capital

Mortgage loans are issued to young families in which the age of at least one spouse does not exceed 35 years. The loan can also be approved for a single-parent family consisting of one adult under the age of 35 and one child (or more children). One of the borrowers must be the manager of maternity capital funds. Intended use of the loan: purchase of an apartment on the secondary or primary markets (including a townhouse), purchase of apartments, purchase of a residential building with a land plot, or purchase of a separate land plot. The interest rate for young families depends on the category of the borrower, the size of the down payment, the purpose of the loan, and the amount of the mortgage loan, and ranges from 9.00% to 13.50% per annum (if you refuse life and health insurance, the rate increases by another 1 percentage point) .

Lending terms

• Currency : Russian rubles;
• Minimum amount : 100,000 rubles;
• Maximum amount : 60,000,000 rubles;
• Loan term : up to 30 years;
• Down payment : not less than 15%;
• Issue fee : not charged;
• Collateral : collateral for a property purchased using credit funds;
• Insurance : mandatory insurance of property accepted by the Bank as collateral. Voluntary life and health insurance of the borrower;
• Review period : up to 5 working days;
• Procedure for granting a loan : one-time (in full amount in accordance with the loan agreement);
• Repayment : monthly differentiated or annuity payments (at the client’s choice);
• Attracting co-borrowers : you can attract individuals up to 3 people.

The following documents must be presented to the bank: application, passport, documents on marital status and the presence of children, documents on income and work, documents on the loaned real estate, military ID (for men under 27 years old).

Program “Targeted Mortgage”

A mortgage loan for the purchase of housing secured by existing real estate. The interest rate depends on the intended use of the loan, the category of the borrower, and the loan amount, and varies from 10.10% (the rate is provided to reliable or salary clients for the purchase of an apartment, townhouse, or a separate part of a residential building with a plot of land, with a mortgage amount of 3 million or more rubles) up to 12.80% per annum.

Target use of a mortgage loan

• Buying an apartment on the primary and secondary markets;
• Purchase of a residential building (or townhouse) with a plot of land;
• Purchase of land and construction of a residential building (townhouse);
• Purchase of a residential building (or townhouse) with a plot of land or an apartment with subsequent renovation;
• Purchase of land.

Lending terms

• Currency : Russian rubles;
• Minimum amount : 100,000 rubles;
• Maximum amount : 20,000,000 rubles, but not more than 70% of the market value of the property being pledged;
• Loan term : up to 30 years;
• Down payment : none;
• Issue fee : not charged;
• Security : pledge of real estate owned by the borrower (co-borrower, guarantor, or third party);
• Insurance : mandatory insurance of property accepted by the Bank as collateral. Voluntary life and health insurance of the borrower;
• Review period : up to 5 working days;
• Procedure for granting a loan : one-time (in full amount in accordance with the loan agreement);
• Repayment : monthly differentiated or annuity payments (at the client’s choice);
• Attracting co-borrowers : you can attract individuals up to 3 people.

Young family

RosselkhozBank offers targeted mortgages for young families on special lending terms. Families in which the husband or wife is not yet 35 years old can apply for it. The program also applies to families raising children alone.

According to it, the borrower can provide 10% of the down payment when purchasing a finished apartment or house, 15% for purchasing housing at the construction stage. If another child is born into a young family, RosselkhozBank will allow you to defer the payment of the main loan until the newborn’s 3rd birthday. Using a mortgage product with state support at RosselkhozBank allows you to attract family capital and not pay a down payment from your own savings.

RosselkhozBank participates in a social program to reduce mortgage rates to 6%. Families who will have a second or subsequent children between 2021 and 2022 have the right to request refinancing of an existing housing loan or obtaining a new one at the specified rate.

A mortgage with state support from RosselkhozBank is designed for the purchase of an apartment during the construction stage and only from the developer. The loan amount is from 100 thousand to 3 million rubles (for Moscow, St. Petersburg and their regions - up to 8 million rubles). According to the state program, the mortgage interest will be 6%, it is valid for 3 years when the second baby appears and 5 years for the third and subsequent ones. After this period, the payment schedule changes depending on what percentage is specified in the loan agreement.

A mandatory condition for state support is timely payment of monthly payments and registration of insurance for the borrower and collateral. As part of this program, you can reduce the interest rate on a mortgage loan existing at RosselkhozBank. The official website contains detailed conditions for lending to families with government support.

Mortgage according to 2 documents in Rosselkhozbank

Interested parties can apply for a mortgage in 2021 from Rosselkhozbank to purchase an apartment on the secondary or primary market (if the same bank finances the construction of a new building) or a plot of land with a house using just two identification documents. These documents may be:

1. Passport of a citizen of the Russian Federation (the main document that is required in any case).
2. Driver's license.
3. A valid foreign passport.
4. Insurance certificate.
5. If you have a marriage certificate, you will need to provide your spouse's passport.

The advantages of a mortgage based on two documents at Rosselkhozbank include:

• no need to confirm income and employment levels;
• availability of the possibility of early closure of the transaction and choice of a mortgage loan repayment scheme (annuity or differentiated);
• no hidden fees.

The minimum borrowing amount for this loan is 100 thousand rubles. The maximum is 8 million rubles for the Moscow and Leningrad regions, 4 million rubles for all other regions. The loan is issued for a period of up to 25 years. The down payment on the mortgage must be at least 40% of the value of the property in an apartment building or at least 50% of the value of a private house with land. The collateral for such a loan is the property itself. When completing a transaction, it is mandatory to insure the collateral. The spouse is involved as a co-borrower (if the property is in common ownership).

A submitted application for a mortgage to Rosselkhozbank based on two documents is reviewed within 10 working days.

The loan is issued in cash or non-cash form (in accordance with the loan agreement). Mortgage interest rates at Rosselkhozbank, issued under two documents, are as follows:

• if a mortgage loan for the purchase of an apartment on the secondary as well as primary market is taken by a salary client or a person with a good credit history, then for a loan amount of up to 3 million rubles the interest rate will be 10.7%, if more than 3 million, then 10.5% per annum. When borrowing for the purchase of a residential building with a land plot of up to 3,000,000 rubles, the rate will be 15.0%, when borrowing a larger amount - 14.8%.
• employees of budgetary organizations with a loan to purchase an apartment in the amount of less than 3 million can count on an interest rate of 10.9% per annum. If the amount is greater, then 10.7%.
• Other individuals receive an interest rate of 11.0% per annum on a mortgage from Rosselkhozbank (RSHB) for the purchase of housing in an apartment building and 17.0% per annum for the purchase of a residential building with a plot of land. If a person takes out a mortgage loan in the amount of more than 3,000,000, then the rate will be equal to 10.8% for an apartment and 16.8% for a private house.

If a borrower or co-borrower refuses to conclude a life insurance agreement when applying for a mortgage at Rosselkhozbank, then the interest rate will be increased by 1 percentage point.

How to get a mortgage at Rosselkhozbank

Approval of the application is valid for 90 days. During this time, you need to have time to complete the deal. When a suitable apartment is found, it will need to be assessed by an independent expert, since the bank accepts real estate as collateral at its estimated value.

Next, a preliminary purchase and sale agreement is drawn up. Rosselkhozbank checks the property in 3-10 days and, if everything is fine, agrees on its purchase with the borrower. After this, you can proceed directly to concluding the deal. To do this, the seller and the buyer go to the Registration Chamber, sign an agreement, after which the housing becomes the property of the borrower.

Requirements for the borrower

Rosselkhozbank is ready to provide loans secured by finished or under construction real estate only with citizens of the Russian Federation. In addition, it is necessary that future borrowers be registered in Russia at their place of residence or, in extreme cases, at their place of stay.

The bank also imposes restrictions on the age of the borrower. The potential client must be 21 years old at the time of concluding the loan agreement. And at the time of full repayment of the loan (expiration of the loan agreement), the borrower must not yet be 65 years old. Rosselkhozbank will refuse mortgage loans to younger and older clients.

With regard to length of service, the bank looks at the situation differently in different cases:

• If the potential borrower runs a personal subsidiary plot (LPH);
• If the potential borrower does not run private household plots.

For clients of leading private household plots, it is mandatory to present an extract from the household register of private household plots. The extract is issued by the local government body at the place where the subsidiary farm is run. The extract must confirm the conduct of such a household for a period of at least one year before applying for a loan. In the absence of this statement, RSHB reserves the right to refuse a loan.

If we are not talking about accounting for income from a subsidiary plot, then the bank requires a permanent job, at least six months of experience at the current place of work, and at least one year of experience over the last five years.

If at the time of submitting the application the client receives a salary into an account at the Russian Agricultural Bank, then the requirements for experience are reduced; three months in the current place and at least 6 months of total experience over the last five years are required.

And if a potential borrower receives a pension into an account at the Russian Agricultural Bank, then he is not subject to the requirement to have a whole year of experience within 5 years.

Required documents

To receive a loan, a potential borrower must submit the following documents:

1. Loan application and questionnaire.
2. Identity document. Passport.
3. Military ID for men under 28 years old.
4. Marriage or divorce certificate.
5. Birth certificate (if there are children).
6. Documents about income and availability of permanent work and required work experience. 2 Personal income tax or a certificate in the form of the bank.
7. Extract on the management of private household plots (if maintained).
8. Documents regarding the collateral. Certificate of registration of the mortgagor's ownership of the mortgaged property.

The bank may request additional documents if it deems it appropriate.

The bank is very demanding when it comes to obtaining a copy of the work book. Make sure your education is listed. Otherwise, you will be asked to redo your documents or bring your diploma. The borrower's personal signature must be present. The series and number of the book must correspond to the year of issue.

How to apply online for a mortgage at Rosselkhozbank

An individual needs to go to the official website to form and send an online application for a mortgage to Rosselkhozbank. There you need to select the page with mortgage programs in the section for individuals and click on the “Apply” button under the product of interest. After this, a section will open where the borrower will need to enter the following information about himself:

1. FULL NAME.
2. Date of birth.
3. Contact phone number.
4. Email.
5. Approximate amount and term of borrowing.
6. Indicate the nearest branch.

After processing the online application for a mortgage at the Russian Agricultural Bank, the manager of the organization will contact the potential client and give further instructions. If the preliminary decision on the loan is positive, the person will be invited to the bank branch with a full package of documents. After the application is formed and the final positive decision is made, the transaction is concluded. Also, during a personal visit, an employee of the credit company will make a complete and accurate calculation of the mortgage at Rosselkhozbank, inform you of the amount of the monthly payment, interest rates, and help you register your personal account.

The complete algorithm for obtaining a mortgage at the Russian Agricultural Bank is as follows:

1. Prepare the necessary documents for concluding a housing loan agreement.
2. Submit an online application for a mortgage at Rosselkhozbank and receive approval from the lender.
3. Choose a suitable apartment or house, have the property assessed by an accredited specialist.
4. Conclude a loan agreement, sign a purchase and sale agreement, insure the life of the borrower and the collateral real estate.
5. Register the transaction, which is carried out by submitting an application to Rosreestr.

To reduce interest rates as much as possible, it is necessary to carry out life and property insurance. The cost of mortgage insurance at Rosselkhozbank is approximately 0.02-0.05% of the transaction. When purchasing real estate on the secondary market, you will also need to rent a safe deposit box, the cost of which is 4.5 thousand rubles.

How does the deal work?

Applying for a mortgage at Rosselkhozbank is no different from a similar procedure anywhere else. The first step is to familiarize yourself with the requirements for the borrower and the terms of the program. Then get detailed advice from a mortgage manager and begin filling out the application.

Receiving a loan occurs as follows:

• you need to collect a package of documents for initial consideration and send it to the bank;
• After approval, you should start selecting real estate;
• when you find a suitable option, check it for compliance with the basic requirements and ask the seller to provide a package of papers for it (extract from the register of rights, technical documents, document establishing ownership, etc.);
• submit real estate papers for verification to the bank, after approval of the collateral you can go ahead with the transaction;
• transfer the down payment, sign a purchase agreement with the seller, and loan and collateral documentation with the bank;
• all of the above papers are submitted for registration to Rosreestr;
• After the transaction is completed, credit funds are issued and transferred to the account of the second party.

Rosselkhozbank issues mortgages for rural housing and families at a preferential rate in a similar manner.

It is worth paying attention to the costs that will certainly arise when applying for a home loan. Depending on the specifics of the transaction, they may vary. As a rule, the borrower pays for an appraisal report (from 2 to 12 thousand rubles depending on the object), a state fee for registering a transaction, notary services if necessary, insurance, etc.

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Author:

Mortgage specialist Maria Yurievna Sokhan

Publication dateMarch 27, 2020March 27, 2020