Interest-free loan: how to get a loan for a large family. What loans are available to large families in Sberbank
The state is constantly developing various programs for privileged categories of the population. Such a policy allows them to help them buy housing, for example. Thus, one of the categories is large families. Russian government tries to help such units of society acquire their own housing or improve living conditions. This became possible thanks to a new law that came out in 2015. Thanks to this, the state began to actively participate in the purchase of housing. large families.
Sberbank, being state bank, develops programs that are beneficial for its clients. The offer of a mortgage for large families was no exception.
General conditions for obtaining funds for the purchase of a home in Sberbank
Falling under the state program "Mortgage for a large family", a client can hope to receive assistance in taking out a loan from Sberbank to buy housing belonging to one of the following types:
- apartment in the primary market (after construction);
- apartment purchased from individuals;
- Vacation home;
- land plot that will be used for building a house on own funds borrower.
Each of the options assumes its own special conditions and sizes of loans. The averaged parameters are as follows:
- funds are provided in the amount of 300 thousand rubles;
- the bank provides the client with up to 85% market value the chosen dwelling;
- debt can be repaid in up to 30 years;
- interest rate - 12.5% per annum.
Who can qualify for preferential mortgage conditions for large families?
As already mentioned, in 2015 a law was passed on state program"Mortgage for large families". Any client of Sberbank who meets all the existing conditions has the right to take out a mortgage on preferential terms. A significant difference from other offers of this bank is the relatively low interest rate. Large families have the opportunity to reduce minimum size another 1–2%.
The selection of conditions for a specific family is made individually, based on the information received by the loan officer. It happens that a mortgage is issued at 6% per annum, which is quite good for Russian banks.
This banking offer is relevant for families who meet the following conditions:
- 3 or more children;
- the family needs more living space than they have (compare the available data with legal norms) or there is no home at all.
All these parameters must be documented before the time when the family applies to Sberbank with an application for a mortgage.
What documents are required to obtain?
Before going to the Sberbank branch, the client must collect the following documents that will allow him to evaluate the applicant's candidacy:
- Russian passport;
- information about both spouses and their children;
- certificate of a large family;
- a work book certified by a personnel specialist (continuous length of service in the last job must be at least six months);
- certificate of income in the form of 2-NDFL for both spouses;
- in the presence of additional sources their income also needs to be documented (for example, submit a lease agreement);
- information about family expenses (this does not include utility costs).
Often total income both spouses are not enough to take out a mortgage. In such cases, you can attract guarantors with higher earnings. These persons submit applications as co-borrowers, which is very important. In the agreement, the parties can prescribe how much the co-borrower will transfer to pay off the debt. If the family has enough funds to repay the loan on its own, then nothing needs to be indicated.
We must not forget that a person, acting as a co-borrower, has his own rights and obligations. So, he owns a certain part of the acquired real estate. At the same time, he must also make payments on the loan if the main borrower cannot do this. That is why experts recommend choosing responsible and reliable persons as co-borrowers. Most often they are relatives.
What other benefits are there for large families at Sberbank?
Spouses from large families can not only count on government support, but also use maternal capital for partial repayment loan. This feature is installed on legislative level... In addition, maternity capital can also be used as down payment, as well as make loan payments in part from these funds.
As already mentioned, large families receive the right to receive lower interest rates than usual. In addition, if in standard situations the size of the down payment is at least 20% of the cost, then for large families this value is reduced to 10% or less. To do this, it is enough to contact the local municipal authority for a certificate providing such a benefit.
Today, a large family can also apply for a subsidy from the state to partially repay the mortgage. But not all will fit the existing criteria. You can also find out the selection criteria in your local municipal authorities.
In addition, if there is another child in the family, the family has the option of deferring payments for a year, which will allow them to significantly reduce the burden for some period.
What do I need to do after receiving consent from Sberbank?
When filling out an application for a mortgage on preferential terms, the client should remember that in this case he will be the borrower, and his spouse will mandatory will be a co-borrower. It is better to act as a borrower to the parent with a higher income.
After all the information is transferred to the loan officer, it will undergo a thorough check. After that, the employee will assess the risks and draw up an ideal offer with conditions, percentages and terms.
Housing documents
After approval potential borrowers must choose housing and submit all the necessary papers to the Sberbank branch before the expiration of 60 days from the date of receipt of the answer. Mandatory documents for housing include:
- Contract. Its type will depend on the operation being performed. It can be a purchase, an exchange with a surcharge, or something else. When receiving funds for the construction of a house, you must have an appropriate work contract.
- A document confirming that the property is owned. It can be an extract from the Register. It must indicate all transactions that have been carried out with a particular property. You will need him and a certificate of ownership.
- All interested parties must also give written consent to the transfer of ownership of the borrower.
The agreement between the bank and the borrower specifies all the conditions, rights and obligations of the parties. We must not forget that home insurance is a mandatory procedure to receive money from Sberbank. A copy of the policy must also be attached to the package of documents.
Making a deal
The potential borrower must also confirm the availability of funds to repay the down payment. Only after that the bank issues money to the client, or rather, as a rule, transfers them to the account of the real estate seller.
Since the state in 2019, as before, supports the social direction of lending to improve demographic situation, mortgage for large families in Moscow is preferential program lending. Families with three or more children can take out such a loan in Moscow. As for Moscow families, they can additionally receive a number of benefits at the regional level. Consider this.
Federal mortgage for large families in Moscow
The program has been operating since 2005 and is implemented in the order of priority on the basis of the application principle. A mortgage in Moscow for large families is a strict list of requirements and special conditions for registration and issuance:
- the size of the subsidy -35% of the total price of housing (no more);
- preferential mortgages are repaid in part by a subsidy, which is transferred to the account of the bank that issued the loan;
- you can apply for an 18% discount on the loan amount if, after receiving the subsidy, another child was born in the family;
- a loan for housing to large families in Moscow is issued without taking into account the state-redeemed 30 square meters. meters of living space.
How to get a mortgage for large families in Moscow?
To begin with, a family with three minor children (or more) must confirm the status of needing to improve living conditions (documents are issued local authorities authorities). In addition, the size of the apartment in which the family lives must comply with the standard - 18 m² per person.
A preferential loan to large families in Moscow can be directed to:
- for the purchase of housing from the municipal fund;
- for housing construction (new building);
- for the purchase of an apartment in the secondary market.
Moscow banks implement programs with the following conditions:
- period: 20-30 years;
- first installment: up to 20%;
- rate: 7-11%;
- the ability to use maternity capital;
- deferral of payments for a year at the birth of a child - new law federal level.
Which banks in Moscow arrange mortgages for large families
All banks and mortgage programs... Not all of them provide soft loans. Sberbank, VTB-24 and several others are cooperating with the state.
V last years the state pays special attention to the creation of programs designed to increase the birth rate. The economically difficult and politically unstable 90s had a negative impact on the desire of Russians to have many children. Families with two or three children are less and less common. Now the state is trying to change the situation by providing maximum support to families with children. At the same time, special attention is paid to the protection of large families as the most unprotected.
One of the most significant problems for large families is the acquisition of new housing. With the advent of the third, the old apartment usually becomes too cramped, but few people can spend most of their family's income on housing. That is why, in 2014, a program was developed that makes it possible to receive preferential loans for these needs.
Who is provided with a preferential loan
Families with three minor children are considered to be large. When the eldest child reaches the age of eighteen, the family ceases to be considered large. It is to support such families that the Loans to Large Families-2014 program is aimed. It allows you to purchase new housing, having received preferential loan, or to renovate an old house. Indeed, often the cost of a good renovation is not too different from buying a new inexpensive apartment. Since this loan is still a mortgage, the housing itself serves as a collateral.
Sberbank is one of the largest and most famous banks participating in the Loan for Large Families-2014 program. By contacting any branch of this bank, large families can find out about the details of obtaining a loan and get answers to all their questions. Since Sberbank has branches in every city of Russia, every large family can get professional advice on the issue of obtaining a preferential loan.
How to get a preferential loan?
To apply for a loan, they usually require the presentation of such a package of documents:
- photocopies of passports of both parents and, in case of a change of surname by one of them, the corresponding document;
- photocopies of birth certificates of children, so that you can confirm the status of a large family;
- copies of certificates;
- documents confirming the solvency of the spouses: work books and certificates from work, which indicate the amount of wages.
Since the mother usually does not work in large families, the bank often requires not even a certificate of wages each of the spouses, and documents reflecting the total income of the family. The parents of the spouses can act as co-borrowers, thanks to which the amount that a large family can count on increases.
What is the advantage of a preferential loan?
Mortgage is a very serious type of loan that limits financial opportunities families with an average income. Average percentage for this kind of loans in Russia is from 10% to 15% per annum. Given what is involved large sum and not for one year, the overpayment on the mortgage is a very impressive amount. For families with many children, the interest rate can be reduced by more than two times. In addition, it is possible to pay off part of the debt at the expense of the state, especially in cases where another child is born in the family that took out the loan.
Should a large family take a mortgage loan?
Before signing a contract, you need to think carefully about everything. Of course, in this case, a home loan is provided for a very favorable terms... But the risk is also great. Still, housing is a pledge, and the presence of children in a family requires great caution in this matter. In addition, the father's salary is often the only source of income, and if he loses his job, there is a risk of being left without money and without an apartment.
Moscow families are in more favorable conditions compared to other regions, since they can count on additional preferences from the regional authorities. In this article, we will consider the conditions under which a mortgage is offered to large families in Moscow in 2019, and highlight the main points.
Since 2005, large families have the opportunity to join. Federal program"Affordable Housing for Citizens of Russia" established the following requirements for potential participants and the conditions for obtaining a loan:
- housing subsidy cannot exceed 35% of the total cost of living space;
- the subsidy must be credited to the account of the banking institution, where the loan will be taken in the future, on a monthly basis;
- in the event of the birth of another child after the mortgage is issued, the family receives a discount of 18% of the total cost of the loan;
- the state pays for the purchase of 30 sq. meters of housing, and in the future this area is not eligible for loans.
The family has the right to apply to pay the existing debt. As already noted, assistance is allocated in the order of strict priority, therefore it is important to contact the authorized body as soon as possible with a corresponding application.
What interest rates are provided for large families
Mortgage lending for families with more than three children provides for a loan at low interest rates and partial reimbursement of the loan by the state.
Receiving a loan on preferential terms practically does not differ from obtaining a regular one. home loan, however, this option is more profitable for a large family. For example, in AHML, a mortgage can be issued at 6.15% per annum, provided that the apartment is in a new building, and if the dwelling is classified as secondary, the rate will already be 11%.
Other banking institutions also offer such customers favorable rates... Typically, the decline occurs by 1-2% or more than the percentage established for all other borrowers.
Grounds for obtaining a mortgage for a large family in Moscow
For the state provides citizens belonging to this category, certain preferences when applying for a mortgage. State aid consists of a low interest rate and subsequent reimbursement of payments. Subsidies are given only if there are certain grounds:
- if the family has three or more minor children;
- provided that the family is registered as in need of;
- the area of an apartment or house is insufficient for permanent residence all family members.
In the last paragraph, the defining parameter is the standards that are established by a specific region regarding the footage per citizen. In Moscow this indicator is equal to 18 sq. meters.
Conditions for obtaining a mortgage for large families in Moscow
There are several state programs in the capital region aimed at improving the living conditions of families with children. In one of the projects, families can purchase apartments from the municipal fund with a small initial contribution and at a low interest rate.
Let's take a closer look at what conditions are offered to such families in the capital and what may be required to obtain a mortgage loan. The following points can be noted as the main lending conditions:
- the interest rate on the loan is 10%;
- the living space can be located in a new building or belong to a group of secondary real estate;
- the maximum loan term is 30 years;
- the down payment is 10% of the total cost of housing;
- the mother of the child must contribute the initial amount with the help of maternity capital;
- after a child appears in the family, Moscow banks provide the family with a three-year deferred payment.
To take advantage of preferential lending terms, a family representative must collect and submit the following documents:
- Applicant's passport.
- Certificate confirming the fact of registration of the family as a large family.
- Labor books of spouses.
- Certificate of salary.
- The act of concluding a marriage union.
- Birth certificates for all children in the family.
After submitting the documentation, a bank employee checks it within the allotted time. Based on the results of the audit, a decision is made on the provision of a loan or on refusal to lend. At the final stage, the applicant gets the opportunity to purchase an apartment.
Conclusion
Moscow families with the status of large families can expect to receive preferential treatment mortgage loan followed by . The procedure for obtaining such assistance is stipulated in the regional legislative acts. Preferential mortgage assumes low interest rates and a small down payment.
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