A loan to large families from Sberbank for the construction of a house. How to get a loan for a large family to buy a home

The state annually considers additional opportunities for this category of beneficiaries and decides to make changes at the legislative level. A mortgage to build a house for a large family is a reality.

Building a house is a long process that requires a lot of time and money. If your savings are not enough, you can turn to the bank for help. Many residents of Russia can count on receiving various compensations from the state when building a house.

Basic Concepts

Housing subsidy is money allocated by the state to help families realize their dreams. It is issued free of charge.

A subsidy for housing construction is not cash, but a certificate giving the right to receive money. This document is sent to the bank, and a savings account is opened there, to which funds are transferred, and, if necessary, an additional loan.

Such government support has several nuances:

1. The subsidy for building a house is targeted. It is not possible to spend the amount received on other needs;
2. The subsidy has a limited duration. The average is six months. If you do not use it within the stipulated period, it will disappear.

The amount of the subsidy issued depends on the composition of the family and the calculation of the square footage in a particular region of residence. On average, a family with a small child will receive 800,000 rubles. The amount also depends on other factors:

1. price per square meter;
2. housing area according to state standards. For two people you will need 42 squares, and in other cases there should be at least 18 squares for each person;
3. Only a percentage of the amount is given depending on the category of citizens. For urban residents the percentage will be 40%, and for rural residents 70%.

This program is issued not only for the construction of a house, but also for other purchases. For example, for the purchase of finished housing or for participation in shared construction.

Preferential lending

Not all banks issue preferential loans for young families. There are quite a lot of offers of this kind in Moscow. Here, the average interest rate on preferential lending is 13–15% per annum. So where can you get a profitable loan?

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It is possible to take out a soft loan from a popular lending institution - Sberbank. For large families, the presented bank has the best offer. There are also many other offers on the financial market that are no less profitable.

Overview of offers:

How to become a participant in preferential lending

Basic requirements for potential borrowers:

1. the person is a citizen of the Russian Federation;
2. has a stable income;
3. permanently registered in the region where the loan program is provided;
4. age 21–65 years;
5. The potential borrower must have a total experience of 1 year;
6. At the last place of work, you need at least six months of experience.

To receive a loan program, you must provide the following package of documents:

• application form of the established form;
• registration form for receiving a subsidy;
• consent to the processing of personal data;
• identification document;
• state-issued insurance certificate;
• military ID for males;
• birth, marriage or divorce certificate;
• other documents confirming receipt of a stable salary or income.

Lending to large families is a profitable program not only for the potential borrower, but also for the bank itself. By these actions, he earns a reputation and receives a subsidy from the state, which has a positive effect on the further receipt of a loan by the bank itself.

Making large purchases, such as housing, cars, furniture or household appliances, on credit is becoming increasingly popular. And sometimes money is urgently needed to pay for education, treatment, recreation, etc.

In these cases, it is also possible to use borrowed funds. However, for large families, repaying the loan received with interest is quite difficult.

To support such families, the state, with the assistance of banks, is implementing programs that make it possible to obtain loans for various purposes on preferential terms.

Let's consider where and how you can get a preferential loan for large families.

What families can be considered large?

In order to benefit from government support measures, a family must meet certain criteria. As a rule, they relate to the number of children and the age of the spouses.

Families with many children are those in which, at the time of applying for help in obtaining a loan, there are three or more children whose age is under 18 years.

Adult children are taken into account in the following cases:

• if they are currently serving in the army on urgent conscription;
• study full-time at an educational institution of secondary or higher professional level on a budgetary basis.

In the latter case, families have the right to receive assistance until the children reach 23 years of age.

If a student is expelled or transferred to a correspondence department, the opportunity to use benefits is lost.

Most loan programs for families are aimed at improving their living conditions.

The difference between mortgage loans is their duration, so banks set limits for the age of borrowers, usually 35 years. In other words, such loans are intended primarily for young families.

Preferential bank loan products for families with many children in 2019

Most of the preferential loans offered by banks to large families in 2019 are mortgage loans. This is quite logical, given the cost of housing and the relatively small earnings of young families with children.

But there are other loans, targeted or consumer, when applying for which you can count on certain benefits.

They can be expressed as follows:

• reduced interest rate, sometimes twice the base rate;
• minimal down payment or no down payment;
• credit holidays at the birth of a child;
• the ability to repay interest on a loan using maternity capital (for example, to pay for education or a mortgage);
• debt restructuring if necessary.

At the same time, loans are issued to large families on a general basis.

The bank carefully checks not only the borrower’s compliance with the criteria for participation in preferential lending programs, but also his ability to repay the loan on time. If there is any doubt about this, the loan will most likely not be given.

Banks proceed from the fact that monthly loan repayments should not exceed 30-50% of the total family income. This includes not only parents’ salaries, but also various benefits.

Therefore, even if the level of official earnings is relatively low, large families can easily count on loan approval.

In order to increase the chances of a positive response, the parent with many children whose official income is higher should apply. If this seems not enough, then you can involve your spouse or parents as a co-borrower. This allows you to estimate the income level of the entire family as a whole. Or the older generation of the family may be involved as guarantors.

Loans from Sberbank for young and large families

In 2019, Sberbank is not implementing any targeted government programs to support large families. Moreover, as of this year, almost all mortgage programs with government co-financing have been discontinued.

But the fact of having many children can be taken into account when issuing a loan that provides benefits for other reasons.

Thus, Sberbank offers a reduced interest rate for consumer loans to those borrowers who receive wages on the card of this bank.

A loan “for your own” implies not only a lower interest rate, but also substantial amounts that can be issued. You can reduce the interest on the loan by another 1-2% if you insure your life for the entire period of repayment of the debt.

You can confirm your reliability as a borrower by providing proof of ownership of housing or a new car. There is no mortgage on this property, but if the debt is not paid, it may be foreclosed on.

How to get a soft loan

Banks are primarily interested in repaying the loan issued and paying interest for its use.

Therefore, they set a number of requirements for borrowers that are common to all credit institutions:

• Russian citizenship;
• working age is usually from 21 to 60 (55 for women) years;
• permanent employment for more than a year, with at least 3 months in the current place;
• availability of official earnings sufficient to pay monthly contributions.

To confirm these facts, you will need to attach a copy of a valid Russian passport to your loan application, as well as a certificate from work, preferably if it is 2 personal income taxes. The original passport is presented to the bank employee accepting the application.

The same set of requirements and supporting documents applies to the second spouse if he acts as a co-borrower.

The fact of having many children in order to receive a loan on preferential terms is confirmed by:

• birth certificates of children (copies thereof);
• children’s passports (copies thereof);
• a certificate of family composition obtained from the passport office of the housing office.

If the head of a large family works as an individual entrepreneur, he will need to provide a certificate of registration as an individual entrepreneur and a declaration of 3 personal income tax.

Large families, like other borrowers, may be denied a loan if the bank considers their income insufficient to repay the debt on time.

However, this does not mean that a preferential loan for large families is impossible in principle. After some time, you can re-submit your application, reducing the requested amount or indicating additional sources of income.

In this case, the chance of a positive answer is quite high.

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Last changes

In 2019, the Government of the Russian Federation adopted a resolution changing the rules for obtaining preferential mortgage loans for families with children. Now for all citizens participating in the state subsidy program, the interest rate on the loan will be 6% throughout the entire loan period. And for residents of the Far Eastern District - 5%. In addition, Russians living in the Far Eastern Federal District, if they purchase residential premises in rural areas with borrowed funds, will be able to take advantage of the incentive for purchasing real estate on the primary and secondary market.

In 2019, the State Duma of the Russian Federation approved a bill allowing citizens with many children, whose family welcomed a third or subsequent child between January 1, 2019 and December 31, 2022, to receive compensation in the amount of 450 thousand rubles. to cover a mortgage loan.

Our experts monitor all changes in legislation to provide you with reliable information.

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March 6, 2017, 11:35 Jun 20, 2019 12:55

Mortgage programs solve the problems of many families, allowing them to build a house according to their own design. In recent years, the state has offered assistance to large families in building a house, reimbursing the costs incurred with subsidies.

How do these instruments work and what do borrowers get in practice when they apply to a bank for a loan to build a house for large families? We will discuss these questions in our article.

What is a housing subsidy for families with many children?

The Russian government provides subsidies to large families for the purchase or construction of a house. Depending on the region, payment amounts may vary.

Funds are allocated to families in need of improved housing conditions. To receive money, you need to submit a number of documents: an application, copies of passports, birth certificates of children and total income.

In some areas, parents with five or more children are considered to have many children.

Specific conditions for issuing subsidies to large families for the construction of a house should be obtained from local authorities.

Funds can be received in two ways:

• the subsidy for families with many children is transferred to the applicant’s account before the start of construction, for the purchase of building materials and payment for contractors’ services;
• The subsidy is issued after the construction of the house is completed. In this case, the costs incurred are compensated.

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The size of the subsidy is determined at the local level and depends on living space standards, the number of family members and other factors. The main requirements for receiving money are:

• Russian citizenship and permanent residence in the country;
• lack of other external sources of construction financing.

Upon positive consideration of the application, a target account is opened for the recipient, to which the amount is subsequently transferred. It cannot be received in cash - all payments are made only through a special account. The condition of the program is to use the money within six months.

Loans and subsidies. How it works?

First of all, it must be said that loans are issued by banks, and subsidies are issued by the state.

Sberbank offers a preferential mortgage lending program for families with three or more children, accepting government subsidies as debt payment.

This the project was implemented today only in Sberbank, therefore, if you want to pay off the loan with targeted money, you need to send an application to the bank. Documents required:

• trust account agreement;
• mortgage loan agreement;
• construction contract.

Construction mortgage for a large family

The bank provides loans to large families that do not have subsidies for construction on preferential terms: with a reduced rate and a relatively small down payment. To do this, a young family must have three or more children under the age of 18, Russian citizenship and a stable income.

The program for large families has been implemented by the bank for several years; to participate in it you need to submit a number of documents:

• copies of the spouses’ passports and a copy of the marriage certificate;
• certificates of employment, copies of work records, other proof of income;
• children's birth certificates;
• documents for existing property (housing, car, etc.).

A mandatory condition is life and health insurance. The bank accepts a house under construction as collateral.

What to pay attention to:

• The plot for construction must be registered as a property or lease. Typically, the bank accepts the right to use the land as collateral;
• During the construction phase of a house, the interest rate on the loan may be 1-2 points higher. After commissioning, the bank will reduce the rate;
• The property will be pledged throughout the entire loan period, until the mortgage is fully paid off;
• Depending on the region, Sberbank lending parameters may vary slightly. Check with your local bank branches for exact conditions.

In 2016, the bank offers a loan of up to 15 million rubles. The maximum possible mortgage term will be 30 years. The size of the down payment can be from 10% to 15%, depending on the conditions of the bank in a particular region. It is possible to defer loan payments for up to 3 years at the birth of another child.

Conclusion and conclusions

The loan offered by Sberbank is more profitable than a standard mortgage. But, unfortunately, not all large families can take advantage of the program.

An indispensable condition for the lender is the official income of the borrower and the presence of a permanent job. In large families, often only one spouse works, and the total family income is not enough to ensure mortgage payments.

Therefore, it is not always possible to take out a loan for a large family from a rural area.

The state provides support to certain categories of citizens by providing preferential loans for housing construction, partially financing interest rates on loans from public and private banks. Individual subjects of the Federation, through developed subprograms, are implementing the state project “Housing”.

In addition to assistance with subsidies, favorable conditions are provided for loan repayment in the form of minimal down payments and increased loan terms. Preferential lending with government funding is distinguished by targeted targeted use.

Who is eligible to receive a loan

Preferential housing loans help large sections of the population solve housing problems. It is allowed to use the received loan for individual housing construction (individual housing construction), repaying a mortgage loan or paying for concluded contracts for housing reconstruction.

Categories of beneficiaries include young and large families, military personnel and combat veterans, orphans and young professionals. For each category, loan repayment conditions are provided.

A family with three or more children has the right to receive a state subsidy on preferential terms to improve their living conditions.

Reasons:

• certificates of a large family;
• birth certificates;
• Low-income people on the waiting list for housing are entitled to receive a subsidy.

The amount of the subsidy depends on the following factors:

• standard for the subject of the Federation;
• social norm of living space per person for a large family;
• the cost of 1 sq. m of housing according to market valuation for the family’s region of residence;
• availability of own or municipal housing;
• number of children.

Young families

The category includes a family consisting of citizens of the Russian Federation under 35 years of age who have entered into a legal marriage. To obtain a loan on preferential terms, you must submit documents confirming your solvency. The income must allow you to pay off the remaining loan amount after taking into account subsidies. Its minimum value is limited in 2018 depending on the composition of the family:

• for a childless family - 21,620 rubles;
• if you have one child - 32,150 rubles;
• with two children - 43,350 rubles.

Young people will be able to take advantage of the right to preferential lending only once.

Orphans

From March 1, 2016, orphans are given the opportunity to receive a preferential loan for housing construction out of turn. The lending period is 40 years, the lending rate is 1%.

Social housing is provided to orphans for 5 years, after which the living space remains with the citizen on a rental basis.

Young professionals

In agricultural regions there are not enough certified teachers, doctors, agronomists, and engineers. The availability of benefits for young professionals should interest young people in finding employment in rural areas.

• with a diploma or receiving a document soon;
• specialists under 35 years of age;
• with employment in rural areas according to their specialty;
• with permanent residence in the locality.

To justify the loan received to purchase housing, young people must work for 5 years in rural areas.

Military personnel

Contract service members of the armed forces are entitled to receive a preferential military mortgage. They are covered by the savings-mortgage lending system.

Criteria for obtaining a military mortgage:

• age within 21-45 years;
• permanent registration at the place of residence;
• to obtain collateral for a loan, the existence of ownership of a plot of land or a house at the construction stage;
• Availability of life insurance for a military personnel and a mortgage loan.

The state makes current payments during service, the balance of the loan is repaid upon demobilization.

Combat veterans

A separate type of privileges is provided to veterans of military operations during the existence of the Soviet Union or on behalf of the Russian Federation, these are:

• WWII participants;
• those involved in mine clearance work in the country in the post-war period up to and including 1957
• “Afghan” soldiers, or delivering goods to the front line;
• conscript soldiers who served in “hot spots”;
• military personnel who have served in Syria since 2015.

To receive a preferential loan, you must submit an application to improve your living conditions.

Conditions offered by banks in the Russian Federation

Sberbank provides preferential loans for housing construction. The only organization that issues loans for housing made of timber.

Finished housing: maximum loan amount 300 thousand rubles; down payment - 15%; for a young family 8.9-9.5%.

Construction: maximum loan amount - up to 85% of the property price; down payment - 15%; for partner developers - 7.4-8.0%.

Construction of a residential building: maximum loan amount - up to 75% of the collateral; down payment - 25%; lending rate - 10.5%.

Country housing: maximum loan amount - up to 75% of the collateral; down payment - 25%.

Military mortgage: loan - up to 2.22 million rubles; rate - 10.9%; down payment - 20%.

Comparison of preferential lending conditions in different banks:

The borrower has the right to decide for himself which bank has better preferential lending conditions.

How to get a soft loan

The main condition for obtaining a preferential loan for the purchase or construction of housing is the need to improve living conditions.

You cannot use the benefit to purchase housing in disrepair. A comfortable residential premises for social use of the state housing stock must meet accepted sanitary and technical standards and be suitable for living.

If the size of a residential premises for social use is less than the established standards of residence in a given subject of the Federation, citizens have the right to receive a preferential mortgage loan.

Algorithm for receiving benefits

1. Not all credit organizations are participants in the state program “Housing”, so you first need to choose a bank that provides loans for individual housing construction with state subsidies for low lending rates.
2. The package of documents for obtaining a preferential loan is established by the selected credit institution. If the bank refuses a mortgage, citing insufficient grounds for issuing a loan, you need to contact another credit institution.

Preferential loans for housing construction are provided to persons who have:

• documents for a plot of land for individual housing construction;
• good credit history and guarantors with no overdue loans;
• a stable income that allows you to repay the loan received;
• insured object of individual housing construction.

Construction is associated with the risk of unfinished construction, so credit institutions require a package of documents justifying the receipt of funds and the possibility of monthly payments.

What documents must be provided with the application for benefits:

• income certificate 2-NDFL;
• about family composition;
• confirming the need to improve housing conditions and register;
• passport data, TIN;
• marriage certificate;
• the spouse’s consent to the mortgage loan certified by a notary;
• passports and income certificates of guarantors;
• purchase and sale agreements with the right of common ownership;
• an extract from the Unified State Register of Real Estate for a plot of land for housing construction;
• design data of the construction site;
• prepared estimates.

In each individual case, the bank issues a list of necessary documents to obtain a loan.

Advantages and disadvantages

The privileges for obtaining preferential loans differ from the conditions of a standard mortgage:

• minimum interest rates on loans or provision of interest-free loans;
• directing the funds received for the purchase or construction of new housing, restoration of existing housing;
• government assistance in loan repayment;
• providing a partial deferment in the payment of monthly payments in the form of a “credit holiday”, otherwise - registration of debt restructuring;
• The borrower's income is not required to be provided to the credit institution.

Flaws:

• it is prohibited to invest the received subsidy in construction with “0”, it is necessary to submit documents confirming 70% readiness of the object;
• inability to divert funds for other purposes.

Obtaining preferential loans with state subsidies is sometimes the only opportunity for low-income categories of the population to purchase their own housing. Banks are improving the conditions for obtaining loans every year, reducing rates and offering new mortgage lending programs.

Moscow families are in more favorable conditions compared to other regions, since they can count on additional preferences from regional authorities. In this article, we will look at the conditions under which mortgages are offered to large families in Moscow in 2019, and highlight the main points.

Since 2005, large families have the opportunity to get into. The federal program “Affordable Housing for Russian Citizens” established the following requirements for potential participants and 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 out on a monthly basis;
• in the event of the birth of another child after obtaining a mortgage, 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 will not be eligible for lending.

The family has the right to apply to pay off the existing debt. As already noted, assistance is allocated in a strict order of priority, so it is important to contact the authorized body with the appropriate application as soon as possible.

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 preferential loan has virtually no differences from obtaining a regular housing loan, but 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 located in a new building, and if the dwelling belongs to the secondary category, the rate will be 11%.

Other banking institutions also offer favorable rates to such customers. Typically, the reduction occurs by 1-2% or more than the percentages established for all other borrowers.

Reasons for obtaining a mortgage for a large family in Moscow

The state provides citizens included in this category with certain preferences when applying for a mortgage. State assistance consists of a low interest rate and subsequent compensation of payments. Subsidies are given only if there are certain grounds:

• if there are three or more minor children in the family;
• provided that the family is registered as in need;
• The area of ​​the apartment or house is insufficient for permanent residence of all family members.

In the last paragraph, the determining parameter is the standards established by a specific region regarding footage per citizen. In Moscow, this figure is 18 square meters. meters.

Conditions for obtaining a mortgage for large families in Moscow

There are several state programs in the capital region that are aimed at improving the living conditions of families with children. According to one of the projects, families can purchase apartments from the municipal fund with a small initial payment 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 loan 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 final cost of housing;
• the mother of the child must contribute the initial amount using maternity capital funds;
• after the birth of a child in a family, Moscow banks provide the family with a deferred payment for three years.

To take advantage of preferential loan terms, a family representative must collect and submit the following documents:

1. Applicant's passport.
2. A certificate confirming the fact of registration of the family as a large family.
3. Work records of spouses.
4. Certificate of salary.
5. The act of concluding a marriage union.
6. Birth certificates for all children in the family.

After submitting the documentation, a bank employee checks it within the allotted time frame. Based on the results of the inspection, a decision is made regarding the provision of a loan or refusal to lend. At the final stage, the applicant has the opportunity to purchase an apartment.

Conclusion

Moscow families with the status of large families can count on receiving a preferential mortgage loan with subsequent... The procedure for receiving such assistance is specified in regional legislative acts. Preferential mortgages offer low interest rates and a small down payment.