Social lending. Social mortgage - who is entitled to

Having their own home is a dream of many, but not everyone can realize it. Mortgage lending gives a person a chance to acquire square meters without having the required amount. Not everyone is aware that the Russian state offers benefits to those in need.

What is social mortgage

A set of state programs, with the help of which it is possible to improve the housing situation for persons belonging to the unprotected strata of the population, is the social mortgage. Many people do not know that the state mortgage loan is provided to persons who are officially recognized as needing housing. These people are not the only ones who can actually qualify for affordable mortgages. The program provides an excellent opportunity to purchase their own squares for young families, youth and the military, social workers.

Several social mortgage programs have been developed, among which you can choose the appropriate option:

• interest rate subsidy;
• purchase of state housing at a reduced rate;
• payment of a certain amount of the total price of the living space.

Interest rate reduction subsidy

Social mortgage lending implies the allocation of this type of subsidy, in which the main focus is to lower the interest rate on the loan. Such programs are being successfully implemented and provided by commercial banks. They are able to issue loans to citizens at a reduced rate and set a flexible repayment schedule. After all, for them it makes no difference who pays the interest - the borrower or the state.

Partial payment for housing by the state

A highly popular program among the poor. Its essence is simple: the state extinguishes part of the cost of housing, only the money is issued not to the future owner of square meters, but directly to the lending financial structure, which, after deducting this amount, calculates loan payments for the borrower.

Buying a home from the state

This form of social lending provides for the purchase of residential space from the existing housing stock. The form is used to sell housing to certain groups of citizens. Applies to employees of certain structures:

• military personnel;
• some categories of civil servants, etc.

Mortgage benefits

Under the state program, you can get mortgage benefits in the form of the following options:

• Monetary compensation, which can be up to 70% of the price of housing purchased under the program. This indicator depends on the amount allocated to the local budget to finance social mortgage.
• Interest and principal compensation of the loan. As a rule, benefits are provided for the first few years and are reduced each subsequent year.
• Benefit providing for the payment of a part of the initial payment.
• Providing a social loan at a special rate from a certain organization that has the ability to issue a loan.

Who is entitled to a social mortgage

There are certain requirements for obtaining a loan. State mortgages are provided to those in need and those living in dwellings that are deemed inappropriate for living, emergency or subject to demolition. If we single out other groups of citizens who are covered by social security, then young families where the spouses have not reached the age of 35 will be added to the above.

Large families with 3 or more dependent children also have the right to become full-fledged participants in the social program. Loans will be issued to those who participated in the hostilities in Afghanistan, Chechnya and Syria and defended the honor of the country, employees of budgetary organizations, young professionals, employees and employees of state authorities, scientists and a number of other categories participating in the state program to improve housing conditions.

Social mortgage for a young family

Young families have the right to expect to buy their own home through the use of a concessional loan. The mortgage for young families offers newlyweds to receive a bonus from the state, which is equal to 30% of the total price of the purchased property, if they have not yet had a child. If there are children, the state will compensate 35% of the amount. When the registration of a social mortgage has already taken place, and the newlyweds have a baby, the state will help in this case as well. The family is entitled to a subsidy, the amount of which is at least 5% of the total price of housing.

Cash is not issued to a young family - the spouses receive a special certificate, which is presented at the financial institution when receiving a loan, and the state transfers the funds directly to the bank. Newlyweds have the right to choose how it is convenient for them to spend this benefit. It can be used to pay off part of the initial payment, to pay part of the cost of housing, or to pay the final installment.

Social mortgage for the poor

Not all people have the opportunity to buy their own home due to the lack of not only the necessary funds, but also the opportunity to earn them. Mortgages for low-income families are an opportunity that helps such citizens become owners of their own squares. To obtain a loan, you need to prove that the citizen or family is poor. The options for providing funds are the same as for all other citizens who need housing.

Social mortgage for state employees

Although the income of employees of budgetary organizations is stable, it cannot be said that it is high. Not all banks are ready to lend them funds for the purchase of housing. The state has developed a special program for them, which is called a social bank for state employees. The preferential mortgage for young specialists of budgetary institutions is allocated for a period of 25 years and has its own characteristics inherent in this loan product.

Not all employees of this field can use the social policy for state employees, but only those who are considered valuable specialists. These include teachers, doctors, scientists. In addition, they should need to obtain their own square meters. The state requires employees not to change their field of activity throughout the entire term of mortgage lending.

How to get a social mortgage

It may seem simple to get a preferential loan. Firstly, it is worth knowing that the conditions for obtaining a social mortgage are different for each region, so it will not be superfluous to ask the competent authorities about the benefits provided. Secondly, a person applying for a social loan must stand in line to improve their living conditions.

Where to apply for social mortgage

In order for the social mortgage program to start working, the applicant needs to contact the administration at the place of residence and the bank, which will act as the lender, since there may be certain nuances when obtaining a loan. It is much easier to become a participant in the program in the Moscow region than in Moscow itself. Some commercial banks may have their own requirements for future borrowers, such as length of service or minimum income. All this should be considered before applying.

What documents are needed to obtain a mortgage loan

The list of documents may differ, but there are certain documents required to obtain a mortgage loan, which will be required from each applicant:

• documents giving the right to apply for a loan;
• certificates demonstrating income;
• identity documents;
• documents showing seniority;
• Marriage certificate;
• mortgage application;
• other documents that may be requested from the bank.

State mortgage lending program

It is worth knowing that all the proposed social programs for the acquisition of housing within the framework of state support for those in need imply only assistance in partial repayment of the debt in various ways, but in no way payment of the full cost of the purchased housing. The program applies to citizens who do not own personal housing. In addition, people living in communal apartments, hostels, rental housing and citizens who own less than 14 squares per person can count on help.

Every year the state revises the amount of money allocated, so it depends on how much money those in need can receive. The program stipulates that the maximum age limit for men is fixed at 60 years. Women can benefit from help when the top bar is 55 years old. Some banks, such as Sberbank, have increased this parameter to 75 years. The contract is concluded exclusively in rubles for the construction of new housing or the purchase of an apartment on the secondary market.

Under the program, the borrower will be asked to insure the purchased housing for the entire duration of the loan, as well as to carry out personal life insurance. Several banks (metropolitan and regional) work with the state lending program, which are partners of AHML - the Agency for Housing Mortgage Lending:

• Bank of Moscow;
• Sberbank of Russia;
• Bank opening;
• VTB 24;
• Gazprombank;
• TranscapitalBank;
• UralSib.

Mortgage conditions for a young family

Age 35 is the qualification for applicants, but some banks have increased this figure. Young people should be members of a registered union and be registered as needy. According to the terms of a mortgage for young families, the loan is issued based on the area of ​​housing of 40 meters, if the family consists of 2 people, but if its composition is larger, then the calculation is based on the calculation of 18 meters per person.

Social mortgage for doctors

In each region, the mortgage for doctors has its own nuances. It is noteworthy that the program covers not only doctors, but also nurses - everyone who has a higher or secondary specialized medical education. A prerequisite for workers in the field will be the need to work in the region where they plan to purchase housing within the framework of social security for at least 5 years.

One of the hallmarks of this program for medical personnel is the low initial fee. Today it is 10%. In addition, the rate on social loans for physicians at Sberbank and other banks is lower than for ordinary citizens. The age limit is still 35 years old. A specialist must stand in line for those in need, which is confirmed by a certain document.

Housing mortgage for military personnel

Military mortgage - this is also the name of the social mortgage to the military. For this category of citizens, the best conditions are offered, but the only thing that a soldier needs to do is to be a member of the savings and mortgage system (NIS) for at least 3 years, from which the military is credited. To obtain a loan, you must provide a certificate, which can be obtained by writing a report to the unit commander.

Preferential mortgage for young professionals

Young specialists are graduates of educational institutions who have worked in their specialty for a year. Social mortgage for young professionals depends on the profile of the educational institution they graduated from (medical, military, etc.). Young people are provided not only with a preferential loan rate, but also with a flexible repayment schedule. The recalculation of the interest rate is possible in connection with the replenishment in the family of the borrower - the birth of a child. In addition, specialists can use maternity capital.

Video: Social programs for the purchase of housing

For a large number of people in the CIS countries, the question of having their own housing is quite acute and open. It does not always happen that a person has his own apartment.

In such cases, a mortgage loan for housing can become a kind of lifesaver, allowing you to purchase your own living space if the entire amount of money required for its purchase is not available.

Over the past ten to fifteen years in the CIS countries, the purchase of apartments through a mortgage has become quite common and quite commonplace.

A mortgage provides a cash loan for the purchase of an apartment on the security of the apartment itself. According to the agreement, the borrower undertakes to make a first installment (usually in the amount of one third of the cost of housing).

The rest of the dollar is paid in a regulated manner in the amount of the established interest rate. For its registration it is necessary to provide the bank with a number of necessary documents.

These include documents proving the identity of the borrower, confirmation of his official employment. Depending on the situation, the bank may ask for additional documents and certificates.

Today there are a huge number of banks that issue mortgage loans for housing

In order to facilitate the process of acquiring their own housing, Russian banks provide the population with a number of mortgage programs that imply more favorable terms of debt repayment. The social mortgage program also belongs to such programs.

Social mortgage is a mortgage program that allows you to purchase a residential property at a more affordable price on very favorable terms.

This mortgage is provided to certain categories of residents of the Russian Federation and consists in close cooperation of banking organizations and government agencies.

The program consists in reducing the cost of purchased housing at the expense of public funds. The total cost of an apartment can be reduced 4 or more times.

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Social mortgage can be based on one of the following principles:

• Providing a mortgage on real estate with a reduced interest rate on monthly debt payments. The decrease in interest is due to government subsidies. A smaller and more convenient payment schedule makes the mortgage loan repayment process more comfortable.

• Government subsidies to pay part of the cost of housing that the government pays to the bank. This subsidy also includes a portion of the interest rate. This form of social mortgage is provided, as a rule, to low-income strata of the population, such as employees of budgetary organizations: teachers, doctors, workers in science and culture.

• Possible sale of secondary apartments on a mortgage at low prices.

There are many varieties of social mortgage programs designed for different segments of the population, depending on their type of activity and financial situation.

Who is entitled to a social mortgage?

Social mortgage lending exists to facilitate home purchases through benefits that are paid from public funds. Not everyone can count on these benefits.

According to current Russian legislation, people who need to improve their living conditions apply for a social mortgage, if the current living conditions are worse than the norms declared by law.

In order to understand whether you can count on a social mortgage, you need to go to the representatives of local government in order to provide all the information necessary on this issue.

First of all, a person needs to confirm the fact that he needs to improve his living conditions. The needy includes people who do not have their own homes, people whose living space is less than the prescribed 18 square meters per person.

Representatives of budgetary organizations, large families, military personnel, government officials, people who are in line to receive housing can count on a social mortgage.

You must have Russian citizenship, registration, work experience.

There is a list of nuances associated with obtaining the possibility of obtaining a social mortgage:

Do they provide social mortgages in Moscow?

In Moscow, persons eligible to participate in this program can apply for a social mortgage in absolutely any bank.

Lending terms provided by the banks of the capital are very favorable and accessible to representatives of many segments of the population.

The cost of housing in Moscow, according to the terms of social mortgage lending, is reduced from the market value to an amount equal to the cost of an apartment, which makes living space several times cheaper.

Bank conditions

Social mortgages are issued by banking organizations that approve the issuance of mortgage loans for housing to certain persons.

In case of a positive decision of the bank, the mortgage can be provided on the following conditions:

1. loan repayment period up to 30 years;
2. the interest rate is on average 12.2% of the cost of housing;
3. mortgage loan payments vary from 10 to 30 percent of the total cost of the purchased apartment.

The bank offers its own conditions, in many cases they are individual and depend on a number of factors (financial and social status of the borrower, the number of children in the family).

Borrower requirements

To obtain a social mortgage, a program participant has a number of requirements. The social mortgage program in Moscow presupposes the fact that the borrower is on the waiting list for housing.

Useful video:

Doctors

Social mortgage for doctors implies a number of requirements for medical workers.

These requirements are as follows:

• the need for a diploma in medical education;
• the doctor's age must not exceed 35 years;
• work experience in medicine for at least a year;
• a health worker should need to improve living conditions (live in a rented apartment, in an apartment where each family member has less than the prescribed 18 square meters. m);
• the need to work at least five years in medicine in the future.

Teachers

The mortgage provided to young teachers implies that they meet certain criteria. The teacher must not be over thirty years old.

A prerequisite for the provision of state subsidies is a diploma, confirming the qualifications of a teacher.

An important criterion in the provision of benefits is the fact that the teacher is provided with a mortgage loan for housing.

Work experience must be at least three years.

An important nuance is that in order to receive a mortgage subsidy, a young teacher must work in a public educational institution.

Scientists

The procedure for granting benefits for the payment of mortgage arrears for housing for young scientists is determined by the current legislation of the Russian Federation.

So, benefits for candidates of science no older than 35 years old, doctors not older than 40 years. In general, work experience in a scientific institution of the Russian Academy of Sciences must be at least five years.

A young scientist should receive the status of needing improvement in the quality of housing conditions.

In which banks in Moscow does the program operate?

The program operates in all major banks in the capital.

The conditions for issuing a mortgage and the requirements for those wishing to acquire their own apartment differ depending on the banking organization.

The leaders in the country's financial market include such banks as:

1. Sberbank;
2. VTB 24;
3. Raiffeisenbank;
4. Gazprombank;
5. Svyaz-Bank.

It is important to know:

Sberbank

This bank provides its clients with mortgages on very favorable terms. Sberbank has a social mortgage program for budget employees and members of law enforcement agencies, young families.

The interest rate on the remaining debt depends on the length of service, length of service, financial situation of the borrower and ranges from 10 to 13.5 percent... The amount of the initial payment is from 10%. The repayment period is up to 30 years.

There are also some housing requirements.

The apartment must be in a satisfactory condition (the wear of communications is no more than 50%), not in an emergency condition of the house.

VTB 24

VTB 24 Bank provides social mortgage lending for various segments of the population who are entitled to benefits for the purchase of housing, offering borrowers a lot of programs:

• for the military;
• purchase of new housing;
• issuing loans for an existing apartment;
• for young families and many others.

Interest rate on average 10% -12%... Down payment - from 10%.

There is a system of reducing the interest rate in accordance with the increase in the area of ​​the apartment.

Raiffeisenbank

This bank has many advantages in terms of issuing social mortgage loans. The interest rate does not depend on changes in the ruble exchange rate.

Loyal system for approving mortgage applications. A fairly quick decision-making process on the applications of potential borrowers.

Gazprombank

Provides a loan for an apartment on the following conditions:

1. minimum monthly interest rate is 11.75%
2. the first payment is equal to one fifth of the cost of the apartment (20%)
3. the amount provided by the bank cannot exceed eight million rubles
4. the loan is issued for 10 years.

Svyaz-bank

Svyaz-Bank's clients are also provided with social mortgage lending programs on very favorable terms.

Svyaz Bank provides mortgages for both finished housing and housing in a new building.

The minimum interest rate on a mortgage is from 9.5%, there is a credit limit of up to 30 million rubles, and the loan term is up to 30 years.

How to participate in the program?

If you want to take part in this program in the city of Moscow, the first thing you need to do is go straight to the administration and get a list of documents required when registering the status of a person in need of better housing conditions.

Procedure for purchasing housing in Moscow on social mortgage

No less important is being in line for an apartment.

Having the right to provide benefits contributes to obtaining a social mortgage, helping to fulfill the dream of their own home.

Video from an expert

Buying your own home is the most cherished dream of any family that needs it. Unfortunately, not every citizen can afford to do this for cash, having the appropriate income or savings. Therefore, mortgages come to the rescue.

Dear Readers! Our articles talk about typical ways of solving legal issues, but each case is unique.

If we analyze this type of lending, then standard programs also hurt the pocket, therefore, socially unprotected citizens are unbearable. But for some categories of citizens there is a way out - social mortgage, and it is about it that will be discussed below.

The legislative framework

The federal law on mortgage lending was adopted in 1998, and it is this act that is fundamental. It regulates the procedure for issuing such loans, and also regulates all issues related to registration and moving into housing. A few more regulations can be added to it.

1. The constitution, which says that every citizen has the right to housing and cannot be evicted from it without legal grounds.
2. Federal legislation on large families, military personnel, employees of budgetary and law enforcement spheres, and social benefits that are provided to them, including mortgages.
3. The Regulation on the Agency for Social Mortgage Lending, which regulates the rights and obligations of officials of this state body.

It should be remembered that there are also regional programs, according to which certain categories of citizens can be allocated budget money for the partial repayment of the mortgage.

The concept and features of social mortgage

Mortgage lending means the possibility of purchasing a residential property on credit. In this case, the purchased apartment, home ownership, on which a special restriction is imposed, acts as collateral.

What is social mortgage?

That is, the mortgage information is entered in the state register, therefore, housing purchased under such a loan cannot be sold or otherwise alienated until the loan and interest are fully paid.

Social mortgage is a type of lending that provides assistance from the state. It assumes part of the compulsory expenses (initial payment, interest payments) that are received by the banking institution from budgetary funds.

That is, in fact, the borrower who qualifies for such a program receives financial support from the state. A feature of social mortgage is that the funds allocated from the budget are not given into the hands of the borrower, but are immediately transferred from the budget to the bank account.

In addition, the possibility of various fraudulent schemes with real estate is excluded, because representatives of a special state agency for mortgage lending are involved in the registration of a mortgage.

You need to know that the decision on obtaining a social mortgage belongs exclusively to the officials of the mortgage lending agency, and they make all transfers to banking institutions.

Conditions for obtaining a social mortgage

First, you need to decide what kind of real estate can be eligible for a social mortgage.

1. Residential real estate. This includes apartments, as well as private households, which are intended for citizens to live, and you can move into them immediately after completing all the necessary papers.
2. Plots of land on which partially erected households are located, or the construction of a residential property is planned.
3. Apartments in unfinished houses, which can be moved in after putting the house into operation. The main requirement is the readiness of the residential property by 80%.

Categories of citizens and families

Now let's move on to considering the categories of citizens and families who can count on a social mortgage:

• the military and members of their families, this includes contract soldiers of the armed forces, the FSB, and other types of troops who have served for more than 3 years;
• police officers with a total continuous service record of more than 10 years;
• employees of budgetary organizations, that is, teachers and doctors who have not reached the age of 35, have worked for more than 5 years in their position, or have arrived in the countryside;
• young families under the age of 35;
• families with many children, that is, those with three or more children;
• railway employees with more than 6 years of work experience, and up to 35 years of age;
• young specialists who immediately after graduation began their work experience and worked continuously for one year at any enterprise.

As you can see, social mortgage lending is clearly regulated and not every citizen can count on it. To this it must also be added that it provides for mandatory payments, therefore, before processing all the documents and receiving money, the credit institution, as well as the agency, will conduct a preliminary check of the general financial condition of the borrower.

It is important to remember that not all banking institutions participate in social lending programs. Only those banks that have received special permission from the Central Bank of the Russian Federation and are accredited with a mortgage agency are admitted to them.

Therefore, before starting the registration process, you need to inquire whether a banking institution participates in this program.

Pros and cons of the program

Let us now consider the positive and negative aspects of this type of lending. The advantages include the fact that the interest rate on such loans, which the beneficiary is obliged to pay, will be from 4-10% per annum.

What is social mortgage, see this video:

Plus, with the help of budget funds, you can pay off part of the mandatory monthly payments (at the borrower's choice). Also, an indisputable plus is that through budget programs you can improve your living conditions.

The negative aspects include the following aspects:

• you cannot buy elite housing, that is, budget money will be given to buy housing at the rate of 18 residential square meters, per family member;
• the financial condition of the borrower is strictly checked;
• for some privileged categories of citizens, the law requires a mandatory deposit of 10% of the cost of an apartment;
• housing that qualifies for such a program must be in a new or overhauled home.

It is interesting to know that, despite the presence of some disadvantages of such programs, for the above privileged categories this is the only way to become the owners of the long-awaited square meters.

The procedure for acquiring an apartment on a social mortgage

Consider a detailed algorithm for acquiring housing under such a program.

1. If a family falls into one of these categories, then they first need to find a suitable property.
2. Next, you need to collect all income certificates over the past few years to confirm the presence of stable earnings of working family members, confirming documents that citizens are beneficiaries, and then go to the state mortgage agency to find out if they will give money for a mortgage. If such consent is given, you can proceed to the next stage.
3. With all the documents collected, you need to find a banking institution that is a participant in the preferential mortgage program and submit them for consideration of the application. It is also recommended to provide documents for the real estate object, as well as a preliminary agreement confirming the intention of the parties to complete the purchase and sale of the real estate object.
4. If the banking institution gives its consent, you need to take the details from them, where the budget money will be transferred and take them to the agency's officials.
5. Next, an initial payment is paid or it is done at the expense of budget money (depending on the mortgage program). The real estate object is registered as the owner and entered into the state register.

It should be remembered that confirmation of the possibility to pay the initial installment can be a formalized deposit in the bank, on whose account the required amount will be.

Required documents

Here is a list of the necessary documents that need to be collected to participate in the preferential program:

• certificates from municipal social authorities, the Ministry of Defense, the Ministry of Internal Affairs, as well as other budgetary bodies, whose employees fall under the social mortgage;
• a certificate of the composition of the family at the current place of residence, as well as the number of registered ones;
• documents confirming income for the last few years, this includes an extract from the work book of all family members, as well as confirmation of the availability of funds for making an initial contribution;
• availability of benefits for payment of utilities, confirmation of the transfer of maternity capital (for families with children).

In some cases, the bank or mortgage agency may require an additional package confirming the solvency of the citizen and his family. The nuances arising from the implementation of this program.

First of all, you need to pay attention to the prosecutors. They are not eligible for benefits, but are entitled to significant discounts on utility bills that are paid into a dedicated account in cash.

If you do not spend them, then in a few years a decent amount can be collected, which will serve as an initial payment. This also applies to civil servants of the city of Moscow.

The salaries of such employees are not large, but for them there are regional programs that allow them to pay off part of the mortgage funds at the expense of the local budget.

Citizens who can get a social mortgage.

It is important to remember that families with children can take advantage of two mortgage programs at once. They can get a 5% mortgage and attract maternity capital to repay it.

Methodology and examples of calculating square meters

In order to qualify for the social program, privileged categories of citizens must figure out how many square meters allow it to be used. Some banks offer online calculators that require personal and other data to be entered.

But all this is done simply. As mentioned above, you cannot buy elite housing with a social mortgage. Residential real estate objects with a large square area fall under its concept. The Housing Code says that in order to comply with all minimum sanitary standards, each family member must have at least 18 square meters of living space.

At the same time, there is another requirement, heterosexual family members (not husband and wife), for example, brother and sister must live in separate rooms. Therefore, in order to calculate whether an apartment is suitable for a social mortgage, a family must take into account such data. Let's take an example of a social mortgage for a family of 4 people, where there are parents, a brother and a sister.

For each person you need 18 square meters, that is, 18x4 = 72 m 2. Brother, sister, parents need separate rooms. If the apartment has two rooms of 72 squares, then such housing will not work. We need a three-room apartment, that is, you can add another 18 squares, since there are practically no three rubles with a total living area of ​​72 m 2.

It turns out that for a social mortgage, you can buy a three-room apartment with a living area of ​​90 square meters. It must be remembered that the total area is not included in this calculation.

Online calculator for calculating social mortgage

Now let's consider what data you need to enter into an online calculator to calculate payments for a social mortgage.

The following data is entered into it:

• the amount of the initial payment that will be paid by the borrower, or by the budget;
• monthly payment on the body of the loan (fixed amount);
• the total cost of the apartment;
• the interest rate, as mentioned above, depends on the preferential category;
• the term for which the loan is taken.

After entering this data, the calculator will give you approximate monthly payments. For example, it looks like this:

The cost of the apartment is 5,000,000 rubles. The initial payment is 10%, that is, 500 thousand, the remainder is 4 500 000. The interest rate is 5% per annum. The loan was taken for 20 years.

Let's calculate the monthly interest payment: 5/12 = 0.4% per month. Determine the monthly interest payment: 4,500,000x0.4% / 100% = 18,000 rubles.

The interest overpayment will be equal to: 18,000 x 140 (months in 20 years) = 2,520,000 rubles. Plus to this add the body of the loan 4 500 000, it turns out that you need to pay 7 020 000 million. This calculation is given in the event that, under the agreement, the entire body of the loan will be repaid in the last month of the mortgage loan.

But this is an approximate amount, since in each monthly payment there is a certain amount to pay off the loan body, taking into account the fact that interest for using the money is charged on the balance of the body, then the above amount will be much less. But the calculation algorithm will remain unchanged.

It is important to remember that an online calculator can only provide approximate calculations.

Moscow banks participating in preferential mortgages

In the Moscow region, the following banks take part in social mortgage programs:

• Sberbank;
• VTB 24;
• Communication bank;
• Bank Zenith;
• Rosselkhozbank.

All about social mortgage for Muscovites will tell this video:

It should also be borne in mind that such a list may change every year, since some credit institutions may need to obtain permission and also become a participant in social lending.

It is important to remember that the interest rate in any bank for a social mortgage will not exceed the threshold of 5-10%, and depends on the chosen program and the financial condition of the borrower.

In order to become the owner of an apartment taken on a social mortgage, you need to fall under a certain category of citizens, as well as provide a list of necessary documents. The transfer of budgetary funds for the partial repayment of the loan is carried out by the mortgage agency.

We are studying how to buy an apartment on a mortgage at 4 times cheaper than the market value.

Social mortgage is a solution for many people who do not have their own living space or it is too small in size. Many people are eligible for a social mortgage, and this is often the only available option to improve living conditions.

Differences between ordinary and social mortgages

Many people confuse the concept of "mortgage" and "mortgage loan". A mortgage is a form of property pledge, and a mortgage loan is borrowing money from a bank secured by property. Most often, people buy housing on a mortgage, while the collateral is either the existing real estate, or the one that is purchased with a mortgage loan.

Depending on what benefits a person receives, they distinguish between social and commercial (ordinary) mortgages. Commercial can be obtained by legal entities and individuals who, according to the law, are not provided with benefits from the state. Social mortgage helps to improve the living conditions of people who belong to vulnerable groups of the population. The essence of social mortgage is the ability to take out a loan for housing, which, thanks to the existing government program, will be much easier to repay by reducing the cost of real estate.

Social mortgage helps to find a way out of a difficult situation when people do not have money to buy an apartment. It is issued for a long time, thanks to which people have the opportunity to get housing now, without splitting off money to buy it for many years.

The table shows a comparison of the terms of social and conventional mortgages that can be obtained in Russian banks.

The table does not show the benefits of social mortgages. So what is its benefit? Such a mortgage cheaper... In all regions of the country, there are different conditions for social mortgage:

• In one case, people can buy housing at cost, which helps lower the price. Such a program, for example, operates in Moscow;
• In the second case, people can get the missing part of the money to buy real estate. For example, a young family with children can receive compensation in the amount of 40% of the cost of housing, and a family without children - 35%;
• In the third case, the state mortgage helps to get subsidies for the payment of interest on the loan, due to which it will be much easier to pay off the debt in the future.

If you want to know what benefits can be obtained through a social mortgage, you can contact the city administration and the bank. Each region has its own programs, each of which can greatly ease the financial burden when buying expensive housing.

Who is eligible for a social mortgage?

The state program allows the following categories of the population to receive benefits:

1. Young families with children

To apply for a benefit, young families must have the funds to pay the missing amount after registering a social mortgage. The age of the husband and wife must not be more than 35 years old, while the family must be registered with the apartment. In accordance with the law, 48 square meters are allocated for two people. m.

2. All people who have the right to better housing

In accordance with the norms in force in Russia, one person should have 18 square meters. m of living space. If people live in an apartment or house of a smaller area, they have the right to obtain a social mortgage.

3. Military personnel and war veterans

4. Public sector employees regardless of their age

This category includes employees of state bodies, employees of state educational institutions, employees of cultural facilities, sports, workers of urban planning enterprises.

Social mortgage in Moscow

The cost of subsidized housing for residents of the capital depends on the cost of building a house and the time that a person is in line for housing. The purchase and sale agreement is concluded between the borrower and the Moscow Government, and any bank can act as an intermediary.

The main question remains, what will be the cost of housing purchased under a social mortgage. For example, a person who has been in line since 1990 can buy a two-room apartment with an area of ​​62 sq. m at a reduced price of 558 thousand rubles. The same apartment for a person who has been in line since 2000 will cost a little more than 2 million rubles.

When buying real estate at a discounted price, you can pay part of the amount at the time of the transaction, and to pay off the remaining part, take a mortgage loan from a bank offering favorable conditions. People who want to get a social mortgage in Moscow must be 18 - 55 years old, be recognized in need of better housing conditions and be able to pay off the mortgage loan.

How to get a social mortgage?

Making concessional loans sometimes requires a lot of effort to achieve a result. It is necessary to start the process by contacting the district administration, where an application is submitted with a request to be registered with the apartment. The bank should find out all the details, including the requirements that apply to the future borrower. Most often, in order to obtain a mortgage, a bank needs to know the following information:

• Place of work;
• Seniority;
• Number of family members;
• Amount of monthly income;
• Property insurance.

This form of mortgage is a good help provided by our state. Many countries do not have such programs. Therefore, despite the bureaucratic difficulties that await potential borrowers, we still advise you to take this opportunity seriously. If you have already decided on a mortgage, then the social one, of course, will be much more profitable for you.