Everything about Sberbank mortgages for its employees: interest rate, requirements for the employee and design features

Mortgage with state support in Sberbank

The state support lending program is implemented jointly with Vnesheconombank. According to the stated conditions for these loans, the interest rate is not too high, and there is no charge for applying for a mortgage and issuing it.

However, in any case, the borrower will have to insure his life, health and performance. Still, there is a small down payment, but you don’t have to pay it. This becomes possible if the borrower provides real estate owned by him as collateral.

The conditions for issuing a mortgage loan are as follows:

1. The loan is issued only in ruble equivalent;
2. The lowest interest rate is 10.5% per annum;
3. The longest loan term is 30 years;
4. The minimum loan amount is 45 thousand rubles;
5. The maximum you can get is 8 million rubles.

Loan refinancing

Sberbank provides its employees with the opportunity to refinance current debt to third-party credit institutions. Early repayment of loans issued at Sberbank itself is also allowed. The client must provide one of the following objects as collateral for the loan:

In the application form, the borrower must indicate the type of loan being repaid, the name of the lender, the remaining amount of debt and the number of the current account intended for making payments. The collateral must not be under arrest or have other encumbrances.

June 10, 2020 Mortgage Sberbank 0 130 Reading time: 3

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Sberbank employees are salary clients, so they can qualify for preferential terms of service. For example, mortgages for Sberbank employees are provided at reduced rates (on average 0.5-0.7% less per annum). Other mortgage terms are described below.

Refinancing of housing loans in Sberbank

Mortgage refinancing involves refinancing a loan previously received from other banks, but on more favorable terms. The interest rate here is reduced, the loan term and a number of other conditions are also revised. There is no down payment required here, but the loan itself is issued in the amount of 80% of the valuation of the property or the balance of the existing debt.

The conditions for issuing the loan are as follows:

1. 
   Issued only in rubles;

2. There is no down payment required;
3. Lowest percentage 13.25%;
4. The maximum loan term is 30 years;
5. The minimum amount is 15 thousand rubles;
6. The maximum you can get on credit is 80% of the price of the living space.

Mortgage plus maternity capital in Sberbank

A mortgage together with maternity capital can be issued for the purchase of both new and secondary housing. Here maternity capital will act as a down payment.

People who have this certificate in hand have the right to use it if its nominal amount covers at least 10% of the cost of the property. Mortgages are issued under the following conditions:

1. 
   Issued only in rubles;

2. The down payment is equal to maternity capital;
3. Minimum percentage – 9%;
4. The loan is issued for a period of up to 30 years;
5. The bank can issue from 15 thousand to 8 million rubles.

The military mortgage loan is designed for employees who take part in the implementation of the savings-mortgage system program. The operating principle of this program is that all payments required to be made to the bank are made by a special fund. As a result, the military does not spend its own funds.

To receive this loan, a service member must participate in this program for at least three years. At this time, an amount is accumulated in his account, which will be quite enough to pay the down payment.

The terms of the loan here are approximately the same as in other programs, with the exception of two main points: the maximum you can get is up to 2.5 million rubles and it is issued only until the military man turns 45 years old.

What does the lender offer?

The owners of the institution are ready to issue a loan under 6 programs: from obtaining square meters on the secondary market to building a cottage on their own plot. The minimum advance is 15% of the cost of an apartment in a new building or 20% for housing on the secondary market.

Loan without refusalLoan with arrearsUrgently with your passportCard loans at 0% Installment cardsEarning money from home

This threshold is designated due to the unstable situation in the financial market and the difficult situation in the economic sphere of the state. It is noteworthy that Sberbank does not have programs where borrowers do not need to make a down payment at all.

The only chance to spend a smaller amount when receiving money is to use the “Mortgage + Maternity Capital” loan project. Then part or all of the limit on the certificate can be launched as an initial payment.

At the same time, it is important to understand that you will not be able to use MK funds right away. You first need to draw up a loan agreement, then write an application to the Pension Fund for the transfer of funds, your application will be checked, and only after that the money will be transferred directly to the loan account within 10 days.

Later in this article:

Conditions for obtaining a mortgage at Sberbank

In principle, we can say that the conditions for obtaining a mortgage loan from Sberbank are quite standard, and in some cases significantly lower compared to the programs of other banks.

One of the key conditions in this regard is insurance of the purchased apartment or house against various accidents . In addition, you will definitely need to insure your performance, life and health. The borrower is subject to certain requirements. In particular, there is an age limit , that is, mortgages will not be given to citizens whose age is less than 21 years and more than 55 years and 60 years for women and men, respectively. Another important condition is the borrower's employment .

Moreover, his total work experience must be at least two years , and he will have to work at his last job for at least another six months.

The person receiving the loan must have Russian citizenship and purchase residential premises in our country. In principle, if co-borrowers are involved in the lending program, the bank will not oppose it - there can be up to three such co-borrowers.

The period for which the mortgage must be repaid is a maximum of thirty years, however, a very important point must always be specified in the contract - there is the possibility of early repayment. As mentioned above, Sberbank does not charge a commission for issuing a loan or for servicing it. It turns out that taking out a mortgage loan here without a down payment is quite profitable.

Conditions for housing loans for Sberbank employees

The total amount of payments for the applied housing loan depends on the period of registration of the housing loan. For example, when purchasing a property on the secondary market, the interest rate starts from 11.5% per annum. When purchasing a new building, payments start from 12%. The existing conditions can be changed; the amount of benefits is affected by the employee’s total length of service in the Sberbank organization and the amount of his remuneration.

The maximum loan amount and terms for full loan repayment generally do not differ from the requirements for other mortgage types. But they can also change based on individual conditions. It is worth knowing that not all bank employees are allowed to apply for such conditions; they depend on specific circumstances and are regulated by the policies of the financial structure.

Based on an individual offer, an employee of a banking organization can enter into mortgage agreements for a longer period (up to 30 years), with minimal interest and an increased loan amount (up to 30 million). For example:

1. Corporate offers: 7.1%.
2. Mortgage property in a new building at 7.4%.
3. Mortgageable housing on the secondary market: 8.5%.

Requirements for borrowers

Like other Sber clients who want to apply for loans under mortgage programs, bank employees are also subject to a number of mandatory conditions and requirements. Only by meeting them can a representative of a banking organization count on receiving a housing loan. The main criteria are:

• total work experience from one year;
• work directly in the bank itself: from six months;
• positive characteristics and absence from the “black list”;
• age range: 21–75 years (as of the end date of loan repayment);
• absence of debts to other credit institutions.

A positive decision to issue a housing loan is directly influenced by a number of other nuances. For example, the presence of dependents, credit histories of relatives and the future borrower himself. An important point in the mortgage process for Sber employees is insurance . It becomes mandatory to issue an insurance policy for collateral housing (about 0.23%). It is also desirable to conclude an insurance contract for the life/health of the borrower (1.9%).

Existing conditions for obtaining a mortgage for Sberbank employees (data for 2017)

Real estate requirements

In addition to the conditions imposed on future borrowers, Sberbank imposes certain requirements on the purchased real estate. When considering a residential property, depreciation and age of the housing stock will be taken into account. So you won’t be able to buy dilapidated housing.

According to Sberbank rules, the residential building where the apartment is located must not be more than 30 years old to obtain a mortgage.

Special attention is paid to the foundation of the building itself (it must be made of stone or reinforced concrete). The main criterion for the approval of mortgage housing is its legal purity. It should not include other (third) persons, especially children. There are also criteria for the size of the total area (for example, for one-room apartments it should be from 32 sq. m).

Required documents

People planning to take out a mortgage on an apartment without a down payment are wondering whether it is possible to provide Sberbank with a minimum set of documents.

However, when applying for a mortgage of any kind, the package of documents will always be standard:

1. A form that must first be filled out correctly;
2. A photocopy and original of the passport, where registration and citizenship must be indicated;
3. If a citizen’s registration is temporary, then he will be required to provide confirmation from his actual place of residence;
4. A photocopy of the work book, which is certified by the seal and signature of the head of the HR department;
5. A certificate issued in form 2-NDFL or in form 3-NDFL (for entrepreneurs), which must indicate that the person worked at his last place of work for at least six months and how much money he receives. This paper must bear the accountant's stamp.

For each of the programs that do not provide for a down payment, you will have to provide one more piece of paper:

1. The military will need to confirm that they are participating in the savings-mortgage system program;
2. Young families with two children must present maternity capital;
3. If you are refinancing your mortgage, you should have with you the mortgage agreement that you plan to refinance;
4. If you participate in the federal mortgage program, you will also have to have a certificate in hand.