State assistance in the restructuring of mortgage loans by the population. What is mortgage restructuring and who can count on it? Restructuring a mortgage with state support

Banks are reluctant to change the terms of mortgage lending. In this case, you can resort in 2017 to the restructuring of the mortgage with the help of the state. But for this you need to meet certain requirements (including housing) and collect a full package of documents.

Restructuring implies change in mortgage terms within a financial institution. Usually, with the help of the state, this is achieved by increasing the loan term and thus reducing the financial burden by reducing the size of the monthly payment, or by providing the bank with a credit vacation (deferral of debt repayment). In more rare cases, an individual can expect a decrease in the base interest rate. Today, Sberbank is lowering the interest to its borrowers.

Restructuring should not be confused with refinancing. The essence of the second is to re-lend a mortgage from one bank to another. This is usually done because of the lower interest rate. Thus, the monthly payment is reduced and the financial burden on the individual is reduced. But you need to understand that refinancing a mortgage is associated with additional costs during registration: you need to draw up a new insurance contract for the property and the borrower, pay for the work of a real estate appraiser and other expenses. It is necessary to calculate whether it will be more beneficial for you. And in this case, one cannot count on the help of the state.

Grace period - 55 days
Credit limit - up to RUB 300,000
Interest rate - from 12.00%
Cashback - up to 30%
Installment up to 12 months
Service available "120 days without interest" to refinance loans

Restructuring from the state is handled by a specially created in 1997 JSC "Agency for Housing Mortgage Lending"(AHML), whose shares are wholly owned by the Russian government. Mortgage assistance is provided to borrowers who find themselves in a difficult financial situation. According to the latest news, in 2017 the government extended the activities of the state restructuring and changed the conditions for its provision. According to the order No. 961 of August 11, 2017, an additional 2 billion rubles were allocated with the help of borrowers.

What can be achieved by restructuring

The state mortgage restructuring program does not exempt an individual from paying regular monthly payments, complying with the terms of personal, title or other type of insurance. Assistance to the borrower from AHML consists in one of the following points (or several of them):

There have been cases when banks shifted the payment of restructuring fees to the borrower or reduced the term of the mortgage. Recent changes in legislative documents suppress this practice.

Who can count on government assistance

Not everyone can count on the state's assistance in restructuring, but only the financially unprotected strata of society. A mandatory requirement for borrowers and co-borrowers is the availability of citizenship of the Russian Federation. The rest of the terms can be found below.

Changes in the terms of the mortgage can be claimed by:

State assistance is provided under a mortgage agreement, the term of which is more than 12 months at the time of contacting the AHML. The exception is refinancing agreements. The terms of assistance in reducing their financial burden do not include any limitation on the limitation period.

Requirements for the financial condition of citizens:

• The total family income of the borrower for the previous 3 months before applying for assistance in restructuring, after deducting the monthly payment, does not exceed two times the subsistence level for each family member. The subsistence minimum is taken in the subject of the state where the housing is located in the mortgage. But only family members are taken into account - solidarity borrowers.
• You can count on government assistance if, at the time of filing an application with AHML, the amount of the obligatory mortgage payment increased by at least 30% in comparison with the calculated schedule at the conclusion of the mortgage agreement.

There are also requirements for housing. The total area of ​​an apartment should not exceed 45 m² with one living room, 65 m² with two rooms and no more than 85 m² with three living quarters. Also, this apartment should be the only one from a citizen. But the state allows the presence of one more aggregate housing object, where the part of the mortgage recipient's property does not exceed 50%.

What documents will be required and where to apply

To get help, you must contact the bank where the mortgage was issued. An application for restructuring is written and all the necessary documents are submitted. The lender will review the appeal and report the results. In special cases, the state may create a special commission to consider the issue.

Documents required for state mortgage restructuring:

In the new version of the program for assistance in restructuring, the need to provide an extract from the Unified State Register of Real Estate (USRN) has disappeared. AHML independently deals with this issue.

If you have the right to use government assistance in reducing the financial burden on mortgages, then be sure to use it. Restructuring will not only solve your monetary problems, but will also improve the morale undoubtedly undermined by debt repayment problems.

The so-called targeted loan, which is taken in order to obtain a sufficient amount of money - a mortgage - is the most optimal for the vast majority of citizens of the Russian Federation to become owners of their own home. The amount of money needed to buy and equip a residential building or apartment is so great that it takes many of their lives to get it - against this background, the use of lending services looks more than an appropriate decision. Nevertheless, over the past few years, the country has been in the midst of a steadily worsening economic crisis, when the currency depreciates, prices for all types of goods and services are growing significantly, and the standard of living is deteriorating. Many families live in rented apartments, giving most of their income to pay rent and utilities. This is not to say that the terms of the mortgage are entirely beneficial - after all, monthly payments will be an order of magnitude higher than the rent for a similar premises, and the total amount will grow annually in accordance with the established interest rate. In fact, only one obvious advantage looms - the housing will be privately owned by the borrowers.

Mortgage Restructuring - General Information

As a way to minimize the risk of termination of loan payments and the formation of a large debt, mortgages are issued against the security of the real estate being purchased. This measure is explained by the inability to predict in advance whether the borrower will have financial difficulties in the future and whether they will affect his solvency in terms of payments under the terms of the loan agreement. In most cases, the economic crisis still contributes to the lives of borrowers and they become debtors - that is why they are trying to find a way to restore their reputation in the form of a good credit history, and along the way, to save themselves from the problem of debtor status. And there is such a way - the largest Russian banks offer a mortgage restructuring program. Its conditions imply a gradual return to the norms of monthly payments by manipulating the amounts of contributions and the terms in which they must be handed over. State-assisted mortgage restructuring is a service that all mortgage clients will be able to use both in 2017 and 2018.

In the course of restructuring, the previously concluded loan agreement is fully revised by both parties who previously signed it, with the prospect of making changes that are beneficial, for the most part, to the borrower experiencing temporary financial difficulties. If the representatives of the bank have reliably established that the borrower cannot actually fulfill the contractual obligations in full and does not fit into the established deadlines, the mortgage agreement is edited in one of the indicated ways:

Summing up, it cannot be said that mortgage restructuring is a very profitable venture for every payer of a targeted loan, with the exception of the permission to make monthly payments in a more stable currency than the Russian ruble. One way or another, the benefits of the bank in the end are much more obvious, but the borrower thus imposes additional obligations. Nevertheless, the existence of such a service fully justifies itself, since the financial position of the majority of payers under a mortgage agreement due to the economic crisis can hardly be assessed even as “below average”.

Terms of restructuring with Sberbank OJSC

Representatives of the largest bank in the Russian Federation, Sberbank LLC, provide mortgage restructuring services, but they are not available to everyone. First of all, a client claiming such relief in terms of payments must have a positive credit history prior to this agreement. Also, the deterioration of the financial situation must have an appropriate documentary confirmation: the document must detail the reason for what happened, it must be certified by the signature of the head or other authorized representative of state bodies. Among the reasons that can be recognized by representatives of "Sberbank" as valid for the restructuring of the mortgage, the following can be highlighted:

Types of restructuring of the loan agreement in the "OJSC" Sberbank

- reduction in the size of the interest rate;

Government assistance in restructuring mortgages at Sberbank OJSC

Certain categories of citizens from among the borrowers in connection with the financial difficulties that have arisen in them, the elimination of which takes a fairly long amount of time, have the right to count on assistance in restructuring from authorized representatives of state bodies. The agency for housing mortgage lending (AHML) acts as such a body on the territory of the Russian Federation. Its activities are aimed at providing assistance:

In any case, a prerequisite for every citizen of the Russian Federation who is a representative of one of the designated categories is a decrease in the level of monthly income - and, accordingly, solvency - by more than 30% compared to the initial value that was relevant before the restructuring.

Forms of assistance by AHML representatives:

State support of this kind is completely free for payers of a targeted loan. At the same time, real estate, which is the subject of a mortgage agreement, should not fall under the definition of "elite apartments", and its area should not exceed:

With the support of the state, in many cases, the repayment of mortgage debt is much faster, therefore seeking help from AHML and the subsequent restructuring of mortgages at Sberbank is the best solution for borrowers who have lost their solvency for objective reasons.

Video tip:

Mortgage lending has enabled many families to improve their living conditions. After the onset of the economic crisis, the taken out mortgage became a big problem for many citizens and a real threat loomed to be on the street with their family.

After taking out a mortgage loan, the borrower has to make monthly payments for many years to pay off the debt. For this, there must be a stable financial position throughout the entire long term of payment.

But no one guarantees that during this long period of time an economic crisis may occur in the country or the borrower may lose his job. There may be a decrease in his salary, deterioration in his health. All these circumstances that have arisen in the life of the payer no longer guarantee the regularity of payments.

Subsidizing mortgages in 2017 with the help of the state is the most optimal way to solve this problem that has arisen for many families.

Until the previous level of solvency is restored, it is necessary to obtain assistance from the Agency for Housing Mortgage Lending (AHML).

State assistance in paying off mortgages

A large number of citizens, today, are not able to pay in full the previously taken mortgage subsidies at increased interest rates. It is especially difficult for people who have lost their jobs or if their income has decreased. Such categories of citizens must apply to the bank and for a mortgage subsidy.

The mortgage subsidy program involves the revision of the payment terms by the credit institution to be more suitable for the borrower. You can use one of the restructuring methods and get government subsidies for mortgage payments:

How long the mortgage subsidy will be valid will be set directly by the bank, taking into account the characteristics of the loan issued.

During this grace period, the beneficiary borrower must repay no more than 50% of the monthly payment. All outstanding amounts will be carried over to a later date.

Requirements and conditions for granting a subsidy:

Important! Such requirements are not imposed on large families.

Categories of borrowers who are provided for the restructuring of the mortgage in 2017 with the help of the state, if their income has decreased or payments have increased by more than 30% of the original amount specified in the agreement and in the schedule of monthly payments. These include:

Restructuring can be done in two ways. This is a write-off of part of the debt at once. The written off amount must be up to 10% of the remaining amount to be paid, but not more than 600 thousand rubles or government assistance in payment up to one and a half years. The borrower and the bank will jointly decide how the subsidy will be provided. The final word will be for the bank.

Subsidy to pay off the mortgage. How to get a?

For a positive solution to the issue of debt restructuring, the borrower must contact the bank.

If there is consent to carry out this procedure, the applicant must collect and submit documents in accordance with the list specified by the bank and write an application.

After that, a debt restructuring agreement is concluded between the parties. This procedure can be repeated if there is a reason for it. But, not earlier than in a year.

State subsidies for mortgages

The economic crisis had a negative impact on the number of mortgages issued. With the growth of the exchange rate of the main currencies, interest rates have grown significantly, which accordingly affected the decrease in the number of those wishing to take them. To stimulate mortgage lending, the state decided to provide subsidies to banks in terms of lending, for the purchase of housing.

Since 2016, mortgage loans have been issued at reduced interest rates of 12% per annum. The difference between the established rate, for example, 14% and 11%, is subsidized from the budget. The assistance program provides for the provision of mortgage loans by the state only to those banks that issue them for more than 300 million a month.

Subsidized mortgage for the purchase of housing is issued to all solvent applicants who have reached the age of 18, who are able to immediately make a 20% down payment of the cost of the acquired housing.

Getting help from the state to pay off your mortgage is an excellent compensation for the increased monthly payments. And for most citizens, assistance in paying off the mortgage is already on more suitable terms.

How to get a subsidy if you have a mortgage and who is eligible?

Such a right to receive a subsidy for the repayment of a mortgage is available to single-parent families, young families and large families, as well as citizens who work in the public sector. To get it, you also need to contact the bank where the mortgage loan was previously issued.

It should be remembered that the borrower who received a subsidy or entered into an agreement on debt restructuring by the state must still repay the loan on a monthly basis. All insurance obligations have the same legal effect. Only a bank can exempt from existing penalties and fines.

Economic difficulties are not a cause for despair. For families in disadvantaged conditions and who are not yet able to pay in full, the best option would be to apply for government support with the provision of assistance to borrowers. The state will help pay off the mortgage. Such assistance in paying off the mortgage will be a significant support for many families who have taken out housing under a mortgage, but find themselves in a difficult financial situation.

What is government-assisted mortgage restructuring? How is the state support for mortgages carried out and who can apply for state aid?

Restructuring a mortgage with the help of the state: conditions and amount of state aid

The worsening economic situation leads to the impossibility of borrowers to fulfill their contractual obligations to banking organizations to pay regular contributions to pay off the mortgage. Citizens' incomes are falling. A special subsidy for repayment of a mortgage loan will help to restore normal relations with the bank, eliminate delays, and eliminate debts. To know how state support for mortgages is carried out, who can apply for state assistance and receive relaxation of contractual conditions, you need to familiarize yourself with the requirements for the borrower.

What is mortgage restructuring

A mutually beneficial revision of the contractual conditions for a given housing loan, including the mitigation of requirements for the borrower, is called restructuring of the mortgage. This process is carried out by banks independently or with the help of the state.

Many debtors confuse mortgage refinancing with government support with restructuring.

Banks offer refinancing to borrowers on more favorable terms.

• Refinancing - this is the early repayment of the old loan and the issuance of a new one, at low interest rates. The appeal can be made at the bank that issued the mortgage, or any other organization that provides the service.
• Restructuring can be carried out only in the bank management company with which the mortgage contract was concluded.

If you intend to enlist financial assistance from the state in debt reconstruction, then you need to contact a special agency created by the government, which is engaged in the issuance of subsidies for the repayment of mortgages. It is called the Agency for Housing Mortgage Lending (AHML) and is the final arbiter in deciding who is entitled to restructure mortgages with the help of the state in 2018.

Repayment at the expense of the state

Borrowers are interested in what amount can be claimed when revising contractual relations under a loan agreement. State-assisted mortgage restructuring in 2018 allows you to reduce payments by 20% of the total amount of the mortgage contract, if this value does not exceed 600 thousand rubles. This amount is the maximum for any mortgage loan agreement, it will not be possible to get it anymore, even if it belongs to the privileged category of citizens who need government assistance.

Restructuring of mortgages at Sberbank

The largest financial and credit company in the country actively cooperates with the state, providing borrowers with the opportunity to take advantage of the restructuring of the accumulated mortgage debt. It is not easy to do this, since the bank, along with the state, puts forward its requirements for individuals who claim to revise the contractual provisions.

The following Russians can take advantage of the privilege:

• having in the care of one child, several, guardians of disabled children;
• those who participated in hostilities;
• having a VTEK certificate on the assignment of a disability group.

• increase in the duration of the loan contract;
• deferred payments, including the body of the mortgage;
• conversion of foreign currency into Russian rubles;
• individual conditions, depending on the life circumstances of the applicant.

The client should not have overdue mortgage payments, have a good history of repayment of previous loans. An apartment or house that is the subject of a contractual relationship must be located on the territory of Russia and be the only home of the debtor. All categories of mortgage holders, except for large families, are subject to requirements for the area of ​​the acquired property. The cost of real estate should not exceed by more than 60% the average market price of analogs in this constituent entity of the federation.

Legal and regulatory framework

Banking structures, interacting with clients on restructuring mortgage debt with the involvement of AHML, comply with the Resolution of the Government of the Russian Federation No. 373 dated April 20, 2015, approving the conditions for providing assistance to citizens in difficult situations from the state and increasing the authorized capital of AHML. Many provisions of this program remained unfulfilled due to lack of funding, and borrowers were denied state aid.

By mid-2017, AHML managed to increase its working capital by 2 billion rubles, and it was decided to extend the program. On August 11, 2017, a decree of the Government of the Russian Federation No. 961 was signed on the prolongation of the restructuring, which provides for state assistance to previously established categories of persons who have entered into a mortgage contract and who need subsidies. The duration of the program has been extended until the end of May 2018. Most likely, if the AHML runs out of financial resources, then targeted assistance will not be provided.

State financial support for mortgages

with a decrease in income in 2018

State aid, which provides for restructuring, is carried out in several directions. The duration of preferential terms varies from 6 to 18 months. Borrowers can use one of the following types of support:

• Reduction of mortgage loan overpayment up to 12% for the entire remaining term of the contract.
• Conversion of the amount under the contract concluded in the currency of a foreign state into rubles according to the current exchange rate of the Central Bank.
• Decrease in the amount of regular payments made on a monthly basis by a set amount not exceeding the maximum amount of the subsidy according to the results of 600 thousand rubles.
• Credit holidays for up to one and a half years.
• Writing off debts up to 600,000 rubles.

Credit Holidays

Borrowers who have unfavorable financial circumstances that prevent them from paying off debts to the lender on time can take advantage of the credit holidays. The option is sometimes incorporated directly into the terms of the mortgage contract and represents a moratorium on the payment of interest on the loan and (or) the body of the mortgage. State support provides for a deferral of payments for a period of 0.5-1.5 years. With a positive solution to the issue, all this time the debtor does not pay the bank anything or deducts the minimum amount.

The advantage of deferred payments is to provide an opportunity for a mortgagee to improve their financial situation, find a job with a constant high income, without deducting the necessary contributions to the bank and without spoiling the credit history. Credit holidays have negative sides - the debt is not written off, in the future you will have to pay larger amounts than was stipulated in the original mortgage agreement.

Changing the currency of the mortgage loan

Restructuring, involving a change in the currency that needs to be paid off, is suitable for borrowers who signed an initial agreement in dollars or euros and are suffering from a sharp rise in this currency in relation to the Russian rubles. The impossibility of paying the mortgage in foreign currency after the financial crisis forced the state to make one of the conditions for restructuring a change in the currency of the agreement. The mortgagee is recalculated into rubles at the exchange rate of the Central Bank of the Russian Federation established at the time of filing a petition for restructuring.

Lower interest rate

The state provides for measures to help Russians in a difficult situation, consisting in easing contractual conditions and reducing the overpayment on the loan to 12%, provided that the contract provided for the payment of debt in US dollars or euros. If the mortgage was taken in rubles, then during the restructuring, the rate is reduced to the overpayment set by the bank for similar products at the time of the applicant's application.

The AHML Service has the right to independently determine the amount of the overpayment, regularly reducing its amount. The current rates are revised every 3 months, changing in accordance with the current inflation rate according to Rosstat data. 5.9 units are added to it. At the end of 2017, the rate was 6.45%, having been reduced from 9.23% in the third quarter.

Reduction of the loan payment amount

For the payer, this method of restructuring a mortgage looks like a significant decrease in the monthly payment for a set period of 0.5-1.5 years. The total amount of underpayment on the loan should not exceed the limit established by the state - 600,000 rubles. Bank employees calculate a monthly payment for a grace period so that it is no more than 50% of the initial contribution amount. This method of restructuring is beneficial to the creditor and the debtor. The bank receives state money, the payer enjoys preferential terms of payments.

The difference from a credit vacation of this type of restructuring is the cancellation of debts to the borrower at the expense of the state reimbursing the bank for potential losses. To count on such assistance, one must be in a really difficult financial situation, providing a banking institution with proof of insolvency, which arose through no fault of the debtor. Bank managers and AHML employees consider each situation individually. You can apply for help if you meet the strict restructuring requirements.

Payment deferment

Payers of mortgages can be offered government assistance in transferring mandatory contributions for a long time. The deferral can affect interest and / or the body of the loan. For a mortgagee, this kind of restructuring looks like a significant decrease in monthly payments. The advantage of the postponement is to alleviate the financial burden that weighs heavily on the borrower's family budget.

The downside of such a restructuring is that, in the end, you will have to pay an amount larger than that provided for by the early mortgage contract due to overpayment of interest, stretching over a longer period of time. It is beneficial for financial institutions to renegotiate mortgage agreements, offering borrowers a grace period without reducing interest payments, but clients should carefully check the annexes to the agreement before accepting the terms.

One-time debt cancellation

The most profitable, convenient and suitable restructuring method for the payer is to write off the resulting debt on a one-off basis. You can apply for writing off no more than 20% of the remaining debt. In this case, the monetary amount of the subsidy should not exceed 600,000 rubles. It should be borne in mind that the total amount of the debt is written off, including the interest overpayment and the body of the loan. Banks and AHML take this step on an individual basis, carefully considering the circumstances of the debtor's solvency.

The loan agreement is subject to restructuring, decreasing by the amount of the subsidy issued by the state. The new terms and conditions should be read carefully along with the attached reduced benefit schedule. State aid does not relieve the borrower from the obligation to pay off the loan, it only reduces the amount of contributions, softening the general conditions of mortgage lending.

Who can qualify for state aid

in repayment of the mortgage

Not all Russians with housing loans can count on restructuring on the basis of government assistance. Citizens who have lost a source of permanent stable income through no fault of their own can receive state support. Assistance is provided if a citizen has a deterioration in his financial situation for the following reasons:

• Dismissals from an enterprise due to planned staff reductions or liquidation of activities.
• Injury at work with documentary registration thereof and confirmation by a medical certificate of temporary or permanent incapacity.
• Sudden loss of employment due to a serious illness that resulted in disability.
• Going on maternity leave and childcare.
• A decrease in the amount of earnings due to transfer to a low-paid job.

If a citizen, in the opinion of the banking company, was personally guilty of the fact that his income fell sharply - for example, he quit on his own initiative - then no restructuring of the mortgage with the help of the state in 2018 will be carried out for this borrower. It is necessary to carefully prepare all the documents justifying the right to receive preferential support, so that there are no questions and claims from the employees of the financial and credit structure.

In addition to the stipulated situations of forced financial insolvency, the regulatory documents separately stipulate the categories of citizens who need state assistance. These include:

• Mortgage holders with a family with 1 or more children (minors, or young people under 23 years old, full-time students in higher and secondary specialized educational institutions).
• Citizens with a certificate of combatants.
• Individuals who are disabled or who take care of disabled minors.

Borrower requirements

The debtor claiming partial concessions in payments must provide documented detailed evidence that, in the last quarter, the income received by him decreased by 30% or more, compared to the data recorded at the time of the conclusion of the original agreement, or the regular payment to the bank has increased by 30% or more in the last 3 months. In addition, applications with documentation indicating a decrease in the total family income of the borrower are accepted for consideration.

State aid is issued if the calculations reveal that the applicant's family income has sharply decreased in the last quarter, and, after the obligatory payments on the loan, each family member has no more than two living wages (LW). The indicator is set depending on the region of residence of the borrower, the laws adopted there. The calculations take into account all family members registered with the applicant in the same territory.

Mortgage Housing Requirements

Strict restrictions on applications for restructuring with state support are also imposed on housing purchased with a mortgage. The applicant must not own any real estate other than the apartment that is the subject of the contract. The borrower or his family members are allowed to have a share in other real estate that does not exceed half the value of the dwelling. All debtors, except for those who belong to the category of large families, should be aware that the following restrictions are imposed on the square of the main mortgage object:

• the footage of one-room housing should not exceed 45 sq. m;
• area of ​​a two-room apartment - no more than 65 sq.m;
• three-room apartment - no more than 85 sq.m.

The price of the apartment should be within reasonable limits. If the cost of housing is 60% or more higher than analogues in a given constituent entity of the federation, according to Rosstatat, then it will not be possible to obtain a state subsidy. The restriction does not apply to debtors who have the status of large families. Restructuring will result in contracts executed later than 01/01/2015. The borrower can apply for a revision of the contractual provisions, if he has made payments in good time, repaying the debt, for 12 consecutive months.

How to pay off a mortgage with the help of the state in 2018

If you cannot make payments in the same volume for mortgage housing and want to use government assistance, then you need to act according to the following algorithm:

1. Carefully read the terms of restructuring based on state support, determine whether you fit the described requirements, and use a calculator to calculate the fall in average per capita family income.
2. Contact the branch of the credit and financial institution that issued the loan, consult additionally about the possibility of revising the contractual settings, clarify the list of documentation that must be provided.
3. Go to the Unified State Register that registers rights to real estate (USRR) in order to order a certificate of a mortgaged apartment, an extract that household members have no real estate or shared ownership that does not exceed 50% of the price of a dwelling. If the local MFC provides such services, then you can contact the nearest branch of the center to your place of residence. Certificates and statements will have to wait 5-7 working days.
4. Collect documents indicating a decrease in income by submitting medical certificates, 2-NDFL form, and other official papers.
5. Fill out a request form for restructuring a mortgage with state aid in the department of a credit institution, give a package of documents against receipt.
6. To wait for a positive decision from the bank and AHML on the reorganization of the debt repayment rules. The duration of consideration of the documentation is 30 days.
7. After notification of the decision, go to the branch of the banking institution to sign a new agreement or annex to the old one.
8. Carefully study the new conditions, do not hesitate to clarify incomprehensible places, consider a new payment schedule.
9. To sign documents.
10. Find out when the mortgage documents will come, register and save all the changes made to the mortgaged real estate with the justice authorities.
11. Take advantage of the subsidy, remembering to pay the balances of debts on time.

Where to apply with the application

It must be remembered that restructuring, in contrast to refinancing, is carried out in the credit and financial company where the original loan contract was drawn up. It is advisable to apply to the branch where the loan was taken. If the bank has liquidated a branch, then it is permissible to submit an application to the central office of the credit structure, or to other branches authorized to deal with debt restructuring. When counting on government assistance, you need to know if the banking company is cooperating with the AHML.

What documents need to be provided

You will have to collect an extensive package of documentation in order to qualify for government assistance in paying your mortgage.

The borrower must provide the lender with the following official papers:

• Passports of the title borrower, co-borrowers, guarantors (if any).
• Home loan contract with all additional annexes, payment schedule.
• Information about the arrears in payments at the time of filing the application.
• Certificate of ownership of mortgaged real estate (extract of the Unified State Register of Legal Entities).
• Documents confirming the lack of ownership of real estate by the mortgagee, household members (information on shared ownership of real estate not exceeding 50% of the cost of housing).
• Documentation confirming the drop in the applicant's salary (a copy of the work book with records of redundancy, dismissal for force majeure reasons, medical examinations confirming the citizen's incapacity, other information).
• Certificate of the available earnings of the debtor, family members, co-borrowers.
• Other documents, at the request of the employees of the credit institution, AHML.

Terms of consideration of AHML documents

The official duration of consideration of the package of the submitted documentation is 30 working days from the date of transfer of official papers to the banking structure. In practice, the time frame for making a decision by AHML employees ranges from 5-10 working days. If a positive decision is made, then the revision of the contractual provisions will be carried out from the moment of writing the application for restructuring. There is a possibility that the applicant will be asked to add additional information, to clarify the situation before making a final decision.

What to do if a subsidy is denied

It is not uncommon for the final decision to reorganize the loan to be negative. They can refuse for the following reasons:

• Having a bad history of repayment of previous loans.
• Providing inaccurate data on earnings, property.
• Incorrectly executed application, presence of errors in the document.
• The presence of data indicating that the applicant lost his earnings through his own fault, and not because of force majeure.
• Delays in loan payments.

To reduce the likelihood of refusal, provide correct information, certified by official authorities, do not try to deceive the creditor, the state. If it turns out that you deliberately tried to mislead the bank, the AHML, then it will not be possible to "peacefully" agree on the restructuring, it is likely that the credit structure will sue. Check the statement carefully for factual errors, incl. in the mobile phone number.

If help is denied not because of the provision of incorrect and inaccurate information, then you can ask the bank's managers how to fix the current situation, what documents to submit additionally. Banks willingly go to meet bona fide payers, are loyal to borrowers trying to eliminate the problem of non-payments. Collect the required documents and try to apply again.

Video: State-assisted mortgage restructuring

Welcome to site... In the article, we will tell you what a mortgage restructuring is, under what conditions it is carried out, the stages of restructuring and what documents will be needed to carry it out.

For the majority of Russian families, taking out a mortgage is the only way to acquire living space. Although everyone knows that you will have to pay off your mortgage debt over the course of many years. The new mortgage restructuring program provides a unique opportunity for those families who find it very difficult to deal with mortgage debt due to the current difficult financial situation.

A mortgage restructuring is a change in the terms of a mortgage agreement in favor of the borrower. In other words, the debt is recalculated, the amount of monthly payments is reduced, and the repayment period is increased.

In some cases, the bank can provide credit holidays that last up to 6 months, at which time only the principal debt is paid, without interest, or payments are not made at all. Sometimes fines and pennies are written off if there were delays in payments. The case of each family is considered on an individual basis and in many cases credit conditions are greatly improved.

If there are serious problems in the family, such as job loss, lower wages, a serious and long-term illness, childcare, then you need to contact the nearest bank branch and ask to restructure the mortgage debt.

It is necessary to tackle the issue in advance, before the debt begins to accumulate. As a rule, banks are willing to meet those citizens who have a good credit history. Even if the family has delays in payments, then you should not hide from the lender. Better to meet and offer cooperation.

The restructuring of mortgage loans in 2018 showed that it is easier for a bank to provide favorable conditions for the borrower and for itself than to continue working through the courts. As a result, the more positive the borrower's reputation, the easier it is to find a solution to the existing problems. In addition, if the borrower has a good credit history, then he can always contact a third-party bank and refinance the loan.

The difference between restructuring and refinancing a mortgage loan

Let's see how mortgage debt restructuring differs from refinancing. Refinancing a loan is a refinancing in another bank on the most favorable terms.

Typically, banks refinance mortgages and car loans. That is, if a person has issued and pays a loan at 16.9% per annum, and another bank offers a loan at 11.5%, this rate is provided for loans with state support, then he has the right to reissue the loan agreement to another bank.

Refinancing is considered profitable even if the interest rate between banks passes with a difference of 1% per annum.

After the bank makes a positive decision, it issues a loan to pay off the old debt and the person pays another loan on new terms.

It is worth knowing that restructuring is carried out only in the bank where the loan was issued, and refinancing can be carried out in any bank that the borrower chooses.

It is difficult to talk about the benefits here, since the main role here is played by competition and the individual situation of each borrower. If a person has found a loan program in another bank with the most favorable conditions, then refinancing will be really profitable. It is important that the new bank approves this application, for this to happen, you must have a good credit history.

Restructuring is beneficial if the person is facing serious financial problems. Changes in the exchange rate, bankruptcy of an enterprise, liquidation and lower wages have become very common among borrowers.

When mortgage debts begin to increase, borrowers begin to turn to credit institutions for restructuring and softening the terms of the loan agreement. For some, this is the only way to continue repaying the loan, and banks are accommodating such borrowers.

To date, restructuring of mortgage debt has also begun, that is, if a person has arrears in payments and a bad credit history. In this case, the state came to the rescue.

What is mortgage restructuring with the help of the state and how is it carried out

In 2015, a new program for restructuring mortgage loans, with the help of the state, began to work. Significant changes were made to the program, as a result of which the amount for the borrower was tripled. In total, 4.5 billion rubles were allocated for the program.

As a result, during the operation of the program, debt on foreign currency mortgage loans has decreased by half, and an improved trend has also appeared among ruble-denominated mortgage loans. The state has provided assistance to 9.5 thousand people, while 14 thousand people applied for help, it is planned to provide assistance to 22,000 people.

In 2018, government-assisted mortgage restructuring was popular with foreign currency mortgages. Despite the fact that mortgages in rubles are also subject to restructuring, most often banks do not give permission for it and do not send documents to a special commission.

If the borrower belongs to the category of privileged citizens, then he has the right to contact the agency for restructuring mortgage loans and write an application for restructuring with the help of the state.

If the commission made a positive decision, then the debt reduction can occur by a large amount. More precisely, a one-time debt cancellation may occur or it will be scheduled for a large number of small payments. In accordance with the program, the debt is reduced by 20%, but not more than 600,000 rubles, if the family has two children, the amount will be written off by 30% and not more than 1.5 million rubles. There is an increase in credit holidays up to 1.5 years. The annual rate is reduced and can be 12% per annum. Foreign currency is converted into rubles at the Central Bank rate, in some cases below this rate. All expenses related to the restructuring of mortgage debt are paid by the state independently.

In accordance with the terms of the program, banks offer assistance in various situations and independently handle the transfer of documents to a special commission. To date, more than 100 credit institutions take part in the restructuring of mortgages, this is 97% of the lending market. But for it to be carried out, it is necessary that the loan and real estate fully comply with the conditions of the program.

Conditions under which restructuring can be carried out

In order for the mortgage restructuring to be carried out in 2019, it is necessary to meet certain conditions:

• Parents and guardians of children under the age of 18, war veterans, disabled people and parents of disabled children have the right to take part in the program.
• Income should not exceed two minimum living wages for one family member.
• Families in which children have already reached the age of 18, but are studying full-time in higher educational institutions, can also take part in the program.
• The acquired housing must be the only one with the family, and its registration must take place at least 12 months before the submission of documents for the restructuring of the mortgage. One of the family members can own real estate, but no more than 50% of it.
• If the borrower is not a large family, then the housing must correspond to the area and value, that is, a one-room apartment no more than 45 square meters, a two-room apartment no more than 65 square meters, and a three-room apartment no more than 85 square meters.
• The cost of an apartment cannot be higher than 60% of the average market price.

If the borrower fully complies with these requirements, then he has the right to restructure.

Stages of the

In order for the borrower to reduce the amount of mortgage loan debt and carry out restructuring, it is necessary to go through a certain algorithm of actions:

1. First, you need to contact the bank where the mortgage was issued and get a full consultation on this program.
2. When receiving a consultation, it is necessary to clarify the package of additional documents that will be needed in this case.
3. Contact the multifunctional center (MFC) and order an extract from the USRR on mortgaged real estate. It is also necessary to order a certificate of generalized rights, that is, that all family members and the borrower have no other housing. It is allowed to have shares in other residential properties, but not more than 50%.
4. An application of the established form for restructuring is filled in and a full package of documents is provided.
5. AHML makes a decision on restructuring within 30 days.
6. The borrower will be notified of the decision, after which he will be invited to the credit institution to sign a loan agreement on new terms.
7. Within 30 days, a mortgage will come to the bank, after that, with a package of mortgage documents, you must contact the justice system and register under a new agreement.

It is worth knowing that the loan is recalculated from the day the application is submitted, so the next mortgage payment may already be significantly lower than it was before.

In some cases, the bank refuses to carry out restructuring. The reasons for this may be an incorrectly completed application or an incomplete package of documents. If the borrower is refused, then it is necessary to clarify the reason with the bank employee and re-apply with the elimination of the mistakes.

Restructuring a mortgage to an individual using the example of Sberbank

Due to the introduction of new programs, it became possible to restructure the mortgage in 2019 at Sberbank, but it has a number of important features.

For this procedure to be carried out, the bank sets a number of conditions for the borrower. The main requirement is documentary evidence of the reasons that led to the deterioration of the financial position of the borrower. Only valid reasons and reliable facts are processed. Also, the borrower should have no delinquencies in payments and a clean credit history.

Certain categories of citizens have the right to change the terms of the agreement - these are:

• Families with minor children and disabled children.
• Large families.
• Disabled people of all groups.
• Participants in the hostilities.
• Citizens who were able to provide documentary evidence that the deterioration of the financial situation was not their fault.

To carry out the restructuring of the mortgage, the borrower is offered several profitable options:

• An increase in the loan repayment period, extension can be from 3 to 10 years, but on condition that the total repayment period does not exceed 35 years.
• The postponement of the main amount of payments for 24 months, only the interest rate is paid at this time, this significantly reduces the financial burden.
• Interest is paid not every month, but once a quarter, as a result, only the principal debt is paid monthly, the amount of which is significantly reduced, and interest is paid every three months.
• An individual payment schedule is selected. This option becomes convenient for those citizens who have seasonal work.
• During the credit holidays, the interest rate is reduced, but this option is rarely provided and only in individual cases.

Of these options, the borrower has the right to choose the most suitable one, but the final decision remains directly with the bank.

It is worth knowing that the procedure for restructuring a mortgage is only individual in nature, that is, the result will depend only on which arguments seemed to the bank the most convincing.

The procedure itself begins directly with a personal appeal to the bank in which the mortgage was issued to fill out and submit a questionnaire. The questionnaire was developed by the bank, it is she who will be able to display in maximum detail the presence of financial problems of the borrower. In the application that is issued to the borrower at the bank, it is necessary to specify in detail all the reasons due to which he decided to change the terms of the agreement. The following information must be written in the text:

• Details of the mortgage agreement.
• The amount of funds involved.
• The amount that was paid and the remaining debt.
• The date of the last or late payment.
• A detailed description of the reason why the obligations under the contract cannot be fulfilled in full.
• Desired solution to the problem, that is, credit holidays, extension of the repayment period, and more.
• Borrower status, that is, a salary client or a privileged citizen.

The package of documents and the application are given to the bank employees for consideration. After that, a full analysis of the submitted documents and the client's capabilities is carried out, and changes are made to the repayment process. This procedure can take from 2 to 5 days.

If the decision is positive, the borrower will be invited to the bank to sign an agreement with new conditions. The completion of the procedure will be carried out only when the borrower becomes fully acquainted with the new conditions and the agreement is signed.

How Sberbank is restructuring a mortgage loan with the help of the state

Due to the difficult financial situation in the country, delays in payments and arrears began for most mortgage loans. The situation for socially unprotected citizens has become especially difficult. To change this, the state proposed a program that provides assistance and support to certain categories of citizens who cannot fulfill their obligations under the mortgage agreement due to the difficult situation that has developed. All tasks under this program were assigned to the agency for housing mortgage lending.

The restructuring of mortgages at Sberbank allows solving problems with loan repayment to the following categories of privileged citizens:

• Parents with one or two children under the age of 18.
• People with disabilities and parents raising children with disabilities.
• Servicemen and combat veterans.

Citizens are eligible for debt restructuring on a mortgage loan, whose income has decreased by 30% in comparison with the income that the borrower had at the time of registration of the mortgage. Compensates for all expenses of the AHML bank at its own expense. In addition to the requirements that apply to the borrower, there are a number of requirements that relate directly to the purchased housing. At the legislative level, the boundaries of the living space are established, according to which credit conditions are changed:

• One room apartment up to 45 square meters.
• One bedroom apartment up to 65 square meters.
• Three-room apartments up to 85 square meters.

But these restrictions do not apply to large families.

The main feature of the registration of other credit conditions is the previously known result, which is established by the state, which is why the borrower has the right to choose the appropriate option.

In accordance with this program, the borrower has the following benefits:

• Reduction of the principal amount by 10%, but not more than 600,000 rubles.
• Lowering the interest rate to 12%.
• Deferral of payments for up to 18 months.
• Conversion of the foreign currency of the loan into rubles.

There are a number of basic conditions for obtaining amendments to the loan agreement:

• The family income is equal to two living wages.
• A decrease in income by a third in the last three months before applying.
• Increase in payment by a third.
• The mortgage agreement was signed two years ago.
• The acquired living space is the only one from the family.
• The living area is located on the territory of Russia.
• The cost of housing does not exceed 60% of the average market value.

The mortgage in Sberbank is being restructured as follows:

• The debtor personally applies to the bank branch where the loan was issued. It is necessary to get advice on whether he has the right to carry out this procedure and on what conditions it will be carried out. After that, the application is filled in and registered with the office.
• Collecting a package of necessary documents for restructuring a mortgage loan and for obtaining government support.
• Carefully check the new mortgage agreement, whether it is more profitable than the previous one, and if the borrower is satisfied with everything, then the agreement is signed.
• In accordance with the new terms of the contract, it is necessary to fulfill all obligations in full and make timely payments. If the conditions are violated, the borrower will be charged a fine.

If after the restructuring the mortgage loan has not become profitable, then the borrower can refinance the mortgage loan.

What documents will be needed to complete the restructuring

In order for the mortgage loan to be reviewed, the following package of documents must be collected:

1. An application for restructuring, it is additionally required to make a photocopy and be certified by the bank.
2. The passport of the main borrower.
3. Loan agreement.
4. Certificate from the Unified State Register of Regulations on the presence of real estate in the property.
5. Certificate of income for the last 6 months.
6. Bank statement on the presence of debt.
7. Documents confirming the deterioration of the borrower's financial position.

The documents are reviewed by the bank within 10 days. The borrower is notified of the decision taken in writing.