Mortgage for country real estate: obtaining, conditions, in 2020, at Sberbank

Features of a mortgage for the purchase of finished housing

A mortgage for the purchase of housing from the secondary market has its own conditions, compliance with which will help you get the required amount. This loan, unlike a mortgage for housing under construction, is issued only for the purchase of a house, residential premises or apartment. The list includes any property that has the status of finished housing. General conditions for the mortgage program for finished housing:

• interest rate of 10.2% per annum
• minimum amount - from 300 thousand rubles
  ;
• the maximum amount should not exceed 85%
  of the contractual or estimated value of the purchased housing;
• term - up to 30 years
  ;
• the minimum down payment is at least 15%
  ;

Important!

Sberbank can issue a mortgage even if the borrower does not provide documentary evidence of income and employment levels.
Requirements for the borrower:

• Citizenship of the Russian Federation;
• Availability of a permanent place of registration;
• Borrower's age is from 21 to 75 years;
• Having at least 1 year of work experience over the last 5 years.

If the client does not provide proof of employment and income, the age at the time of loan repayment is 65 years.

Mortgage for country real estate

In general, the type of real estate should not affect the terms of mortgage lending.

However, in reality, everything happens differently; banks provide loans for the purchase of an apartment without any problems, but are reluctant to issue loans for the purchase of suburban real estate.

This is due to the fact that the bank seeks to earn income from its activities. In addition to paying off the principal debt, the borrower must pay interest on the use of borrowed funds, as well as additional expenses, as a result, the banking institution receives a benefit.

If for one reason or another the borrower does not fulfill the obligation to pay the loan, the bank can sell the collateral at auction to satisfy its property claims.

It will be easier for a bank to sell collateral real estate if such real estate is located within city limits, in which case a buyer will quickly be found.

On the contrary, selling a private country house may be more difficult.

This is especially true for homes with non-standard layouts or finishes.

In addition, country real estate has one more feature, namely, that the house is always located on some kind of land.

The sale of a land plot must be carried out in accordance with the norms of the Land Code, and this poses additional difficulties for a credit institution.

In addition, the borrower will need to assess the market value of the land when purchasing this type of real estate.

You will also need to issue an insurance contract. Real estate located outside the city is insured at increased rates.

At the same time, the borrower cannot refuse insurance if the property being purchased is the subject of collateral.

For a private house

Banks provide mortgage loans for the purchase of country houses.

An individual residential building, if it has a good location and infrastructure, may have liquidity and demand.

However, the acquisition of a private house is due to the fact that the property must meet established requirements.

The bank may refuse to issue a loan due to the fact that, for example, a residential building is located a little further than a certain distance from the city. Or located in a remote area. In some cases, you will need to spend a lot of time to find a property that meets all the bank's conditions.

In such a situation, the option would be to find another bank, with more loyal requirements for real estate.

In order to obtain a mortgage loan for a country house, you must complete the following steps:

1. Submit an application, fill out a borrower form at a bank branch (using an online application).
2. Wait for the application to be approved.
3. Collect the necessary documents.
4. Assess the market value of the property.
5. Hand over the documents to the bank employee.
6. Concluding a purchase and sale agreement.
7. Registration of ownership of a house.

Difficulties for the borrower may be associated with insurance of a private home. Often, insurance companies and banks determine different values ​​for suburban real estate. This situation can be avoided if you take out insurance from an insurer who cooperates with the bank. You can obtain a list of partner insurance organizations from an employee of the bank's credit department.

Using maternity capital

In accordance with the state support program, maternity capital funds can be used to improve the living conditions of a family with two or more children.

You can purchase country real estate using a capital certificate, and children and a spouse must be registered in the house.

What documents are needed to obtain a mortgage, see the article.

The property becomes the common property of family members in equal shares.

Maternity capital can be used either as a down payment on a mortgage or as a payment on a loan.

No down payment

To obtain a mortgage loan, banks set conditions for making a down payment ranging from 15 to 30% of the housing price.

If there are no funds available to pay the down payment, the mortgage loan will not be issued. Currently, providing mortgages without a down payment is not used by credit institutions.

With the exception of preferential categories of citizens who can participate in government programs to improve living conditions. .

Social support measures can be used to make a down payment or to pay part of the loan.

With land

The property, located outside the city, has its own plot of land, which is sold together with the house.

Which is associated with certain difficulties and a more long-term design, since the object is 2 objects.

Currently, in our country, the procedure for the sale of land plots is not properly regulated, which means it will take more time to complete the process, and banks often do not want to deal with such transactions.

The simplest way to obtain a mortgage occurs if the land is owned by the seller.

But the legal regime of a land plot can be complex, for example, it may be leased by someone or third parties may have rights to it.

In some cases, it is not possible to transfer property to a new owner.

If the purchase and sale transaction goes through without problems, the land, as well as the house on it, is pledged to the bank.

The borrower becomes the full owner after paying off the mortgage and removing the collateral.

It must be borne in mind that the parameters of the land plot affect the likelihood of approval of the loan application.

Interest rates on a mortgage loan at Sberbank

The interest rate on a mortgage for the purchase of finished housing does not have a fixed rate, which depends on premiums and promotions. The rates below apply to borrowers who receive a salary from Sberbank, or if the purchased property was built with the participation of bank loan funds. Additional interest will be charged if:

1. I have a Sberbank salary card - 0.3%.
2. the borrower activates the life and health insurance program - 1%.

Clients who do not provide proof of income and employment can obtain a mortgage using 2 documents.
The following interest rates apply:

The mortgage program under 2 documents includes real estate built with partial participation of borrowed funds from Sberbank (subject to an initial payment of 50%).

You can use a loan calculator to pre-calculate the interest and amount.

Requirements for mortgage housing

The requirements of Sberbank of Russia for real estate registered under a mortgage program are based on its liquidity.

Even without knowing the exact parameters, it is enough to adhere to the following rule: the easier it is to sell a home profitably, the more suitable it is for the bank. Whether a property complies with this rule depends on a number of factors.

Location of the house

Housing that has a good chance of being approved by the bank:

• located on the territory of the Russian Federation,
• located within the city or in the nearest suburbs;
• there is developed infrastructure around the property;
• located in an environmentally favorable location.

Many banks do not lend to apartments in dormitories and hotel-type premises, as well as those located on the first or last floors. For applying for a mortgage at Sberbank, these facts are not a reason for refusal.

The main thing is that an apartment building must comply with sanitary and technical standards.

Age of the building

Apartments in new buildings are easily approved by a financial institution, but are not a prerequisite for lending.

If you choose living space in a house under construction, then, according to the bank’s terms, the construction stage must be completed by more than 10%.

A house selected on the secondary market will be approved if it meets the following conditions:

• not subject to demolition;
• has less than 50% wear and is not in line for major repairs;
• built no earlier than 1970.

Borrowers rarely pay off their mortgage in a few years, so the bank needs confidence that the building will last for decades.

Design features

The selected house must meet a number of design features. Sberbank has the following requirements for mortgage housing:

• availability of central sewerage and heating;
• the foundation of the house is stone, concrete or reinforced concrete;
• houses built from fragile and flammable materials, for example, buildings with wooden floors between floors, are rarely financed by Sberbank;
• Heating maintenance in the house is performed by city companies with which existing contracts have been concluded;
• The building structure must be intact, without cracks or screeds.

Internal equipment of the apartment

In order to avoid problems with mortgage approval, it is important to take into account the condition of the future home. The location of windows and doorways must comply with technical documentation. Each room must have radiators installed, fully glazed windows, and functioning doors. The mandatory conditions of Sberbank are the following: the presence of at least cold water in the house, a bathroom, and ventilation in the kitchen.

Before approving the selected object, it is necessary to invite a licensed appraiser who will document information about the condition of the apartment and its value and provide the data to the bank. Based on them, the loan will be approved or denied.

Based on this information, you can be confident in the chosen housing option. Sberbank clients rarely complain about the difficulty of obtaining loans; this bank’s requirements for a mortgage property are softer than others, so the choice of housing is much wider.

All mortgage lending programs at Sberbank

What conditions are provided for those who find themselves in a difficult financial situation?

Since 2020, the bank has been operating a special program for citizens experiencing difficulties with loan repayments. We are talking about socially vulnerable categories of citizens. These include:

• Guardians or single parents;
• War veterans;
• Persons with disabilities;
• Parents of disabled children;
• Parents who are dependent on a full-time student.

A person can receive assistance from the state if his family’s income does not exceed two times the subsistence level for the last 3 months. The second mandatory condition for receiving the benefit is an increase in the monthly payment by more than 30 percent (the cost of a mortgage loan may increase if the foreign currency exchange rate changes sharply).

Subsidies are provided when the collateral apartment is the client’s only home. If the client has paid less than 12 mortgage installments, then he is not entitled to receive budget money. There are also certain restrictions regarding the area of ​​collateral housing.

A potential borrower must prepare the following documents:

• Statement of the established form;
• Russian citizen passport;
• Certificate of birth of children or court decision on adoption of a child;
• War veteran certificate. The document must indicate: serial number, personal data of the certificate holder, date of issue, list of benefits and signature of the responsible person;
• Certificate of medical and social examination performed;
• Statement of individual personal account (issued in the Pension Fund of Russia);
• Certificate from the university;
• A copy of the work record;
• Certificate in the form of a bank or 2-NDFL;
• Mortgage loan repayment schedule;
• A copy of the loan agreement (all pages).

If a Sberbank specialist approves a citizen’s application, the size of the mortgage payment will be reduced by 30% (according to Russian Government Decree No. 961). The maximum amount of budget subsidy is 1.5 million rubles. In 2020, at the initiative of the Russian authorities, a special interdepartmental commission appeared to consider issues related to increasing the maximum loan reimbursement amount. Members of the commission may approve the provision of subsidies to citizens who do not meet the bank's requirements (in exceptional cases).

How to get a mortgage at Sberbank

To apply for a mortgage for the purchase of a finished apartment, you need to submit an application at a Sberbank branch or through the official page.
After submitting the application, you need to provide a list of documents (see below), after which a bank employee will assess the borrower’s solvency. The period for consideration of the application does not exceed 8 days. The security for the pledge is:

• Pledge of residential premises (including the property being loaned).
• Before registering a residential premises received on credit as collateral, you can provide a guarantee to an individual. persons or other residential premises.

Up to 3 individuals can be involved as co-borrowers. When applying for a mortgage, a spouse must become a co-borrower. The requirements for the loan borrower are identical to the requirements for co-borrowers. Spouse not included

to the group of co-borrowers if there is a restrictive decision in the marriage contract or non-Russian citizenship.

How to get interest back

Few people know, but a tax deduction and interest refund can be obtained not only from the amount of the purchased apartment, but also from the amount of interest paid on the mortgage. Every officially employed citizen can submit tax documents and receive a refund on the card. To do this, you must provide copies and originals (for verification) of the following documents:

• passport;
• certificate 2-NDFL;
• checks confirming payment of monthly payments;
• loan agreement, including schedule;
• certificate of ownership;
• contract of sale.

You can fill out the 3-NDFL declaration and submit documents at the tax office or online.

The client has the right to choose whether he wants to receive the deduction amount once a year into his account or receive a property deduction at work monthly, providing the employer with documents indicating that income tax has already been collected.

If the amount of tax refund for the purchase of an apartment is limited and amounts to 260,000 rubles, then the refund of mortgage interest can be up to 390,000 rubles.

Documents for obtaining a mortgage

The list of documents established by Sberbank may vary for clients falling under the salary project, as well as for clients who have documented proof of employment.
Important!

The list of documents listed below is subject to change.
To clarify information, you can contact the Contact Center at 8 800 555 55 50
.
List of basic documents without proof of employment and income:

1. Mortgage application from the borrower;
2. Russian passport with registration information;
3. Identity document (military ID, driver's license, international passport).

Upon confirmation of employment:

1. Mortgage application from the borrower/co-borrower;
2. Russian passport of the borrower/co-borrower with registration information;
3. Documents confirming the employment of the borrower/co-borrower.
4. Document confirming registration at the place of stay;
5. Documents on the provided collateral.

Legal aspect

When deciding which houses are suitable for a Sberbank mortgage, you need to pay attention not only to their condition, but also to the legal status of the object of purchase. What exactly is the future lender interested in?

1. Presence of encumbrances and arrests . If the property you are purchasing is already under a mortgage from another bank, you must first repay the existing loan from the deposit on the transaction, remove the encumbrance received by the previous owner, and only then apply for your mortgage. If the apartment is seized. It's easier to look for another purchase option.
2. It is desirable that the current owner has owned the property for at least three years. Otherwise, when selling, he is required by law to pay tax. Most often, such sellers try to carry out a number of frauds with documents in order to avoid payments, thereby delaying bank checks.
3. List of homeowners. If there are children among the current owners of the property, this seriously delays the deal. As a rule, obtaining permits from RONO, selecting a new apartment by the seller, etc. is associated with a lot of problems. Often, it is not possible to resolve them within the time allotted for completing the transaction, and Sber loses a client. Therefore, the bank usually immediately rejects housing in which the owners have children.

Important! This is probably obvious, but we’ll still mention that you can only purchase privately owned real estate with a mortgage. Municipal housing or apartments that have not undergone privatization cannot be the object of purchase.

Receipt of funds and terms of loan repayment

The loan is provided to citizens of the Russian Federation at Sberbank branches:

• at the place of registration of the borrower or one of the co-borrowers;
• at the borrower’s place of work;
• at the location of the loaned property.

Repayment of the borrowed amount is carried out in equal payments on the specified date.
In case of late payment, a penalty will be charged, which is equal to the credit rate at the time of the loan. The penalty is accrued for the period from the day following the date of the calendar payment until the date of repayment of the debt under the mortgage agreement. The client has the right to early repayment of the borrowed amount. To do this, a corresponding application is drawn up, which contains the amount and date of early payment, as well as the account from which the money transfer will take place. The repayment date must fall on a business day only.

For more information, you can go to the official Sberbank page.

What kind of housing is not suitable for obtaining a housing loan?

The requirements for Sberbank's mortgage housing are aimed at ensuring that in the event of troubles with the loan, Sber can quickly sell the collateral at a price that suits it. That is why this bank does not lend to the following objects:

• located outside the territory of the Russian Federation;
• in dilapidated condition;
• scheduled for demolition or resettlement;
• are pledged or under arrest from other organizations.

It is also very important that the actual condition of the loaned object corresponds to the data about it in the documents. For example, there should be no unauthorized redevelopment in the apartment, and the land plot must have clearly defined boundaries, land surveying, etc.