How to apply for a mortgage at VTB 24

Mortgage lending conditions and programs

General conditions put forward by the bank for issuing a mortgage loan:

The borrower has the right to independently choose future housing from both the primary and secondary markets. VTB does not place restrictions on the type of living space, be it an apartment, a house or even a plot of land for development.
Participants in government programs can use subsidies to pay off their mortgage. We are talking about holders of a military certificate and maternity capital. Their commission is several times lower.
The initial contribution amount is on average 20% of the cost of the purchased object. However, for military personnel, families of pensioners and other preferential categories of citizens, it can vary from 15% to 9.2%. If the mortgage is drawn up according to two documents, then the down payment increases to 40% of the cost of the living space.
Purchased real estate is required to be insured for the entire period of financial obligations. The borrower can also take out comprehensive insurance and insure himself and the property. Comprehensive insurance at VTB involves reduced tariffs.
VTB has not developed foreign currency mortgages. Therefore, you can only take out a loan in rubles.
When applying to VTB for a mortgage, a consumer can take an amount from 600 thousand to 60 million.
The return period is 30 years.
To confirm income, it is possible to submit both a certificate in form 2-NDFL and in the bank form.
It does not matter whether there is permanent registration in the region of circulation.
It is possible to record income from the main place of work and part-time work (no more than 2).

The bank provides a variety of mortgage lending programs. Each of them is targeted at a specific borrower. Everyone will be able to find suitable and favorable conditions for themselves.

Mortgage lending programs at VTB for 2018:

More meters - less rate.
Buying a home.
Victory over formalities.
Mortgage loan refinancing.
Mortgages for the military.
Collateral real estate.
Loan secured by existing housing.

You can learn more about the conditions and housing lending programs at VTB 24 here.

About the electronic form

You can apply for a mortgage at VTB24 directly in the section of the loan program chosen by the client and suitable for him.

The electronic application form consists of several sections that must be completed. So, first of all, the client needs to provide personal data, including:

FULL NAME;
date of birth;
mobile phone number (for reporting the results of processing the application form);
E-mail address.

You will also need information about the job, namely:

about length of service and income (including income tax deduction);
It is advisable to indicate the TIN of the employer itself.

In the loan information block you should indicate:

the purpose for which funds are required;
the type of property being purchased and its cost;
the size of the down payment, the desired term and volume of lending.

In addition, the form requires information about the region in which it is planned to purchase real estate and the city where the borrower wants to receive funds.

In the last paragraph of the form, you must indicate your passport information, after which, after checking the information entered, you can send an application for a mortgage to VTB24.

After filling out and submitting the form, the client receives a notification that his application has been accepted, as well as instructions for further actions.

As a rule, banks make a decision after reviewing the client’s information within a few days. But the decision to provide funds is valid for no more than two months, so you need to select a suitable property and collect the necessary documents during this period, so that you do not have to go through the entire procedure of submitting the application form again.

How to apply for a loan?

Application online:

Fill out an application on the online resource.
Read also: What is the difference between registration and registration?
The manager makes an appointment for a consultation.
Visit the office to prepare documents and fill out an application form.
Receive a decision within 3–4 business days.
Selection of real estate and provision of documents on it to the bank.
Preparation of loan documents.

Preparation of documents in the office:

Filling out applications and documents in the office.
Receive a decision within 3–4 business days.
Selection of real estate and provision of documents on it to the bank.
Preparation of loan documents.

You can learn more about applying for a mortgage at VTB 24 in the office and online here.

How is it viewed?

After you fill out and submit the form, you will need to wait some time for the bank’s decision.

The processing time depends on the loan program you have chosen. According to the “Victory over formalities” program, a decision is made within 24 hours. In other cases, the application is considered within 3-4 days. But this period is set for standard loans; in different situations, the consideration may take a week or even a month.

In general, the procedure for obtaining a mortgage looks like this:

The borrower fills out a form on the website.
A bank specialist contacts the client within 3 hours during business hours and makes an appointment for a consultation.
The borrower comes to the bank office at the appointed time with documents and fills out an application.
Waits for the bank's decision within 1 to 4 business days.
Selects real estate.
Signs loan documents.

If the application is filled out in the office, then points 1 and 2 are excluded, and the rest of the process follows the specified algorithm.

Procedure for approving applications and possible reasons for refusal

After all the documents have been collected and executed according to the bank’s conditions, you can wait for a response from 5 business days or more. If all documents are completed correctly and without errors, then there should be no problems with consideration and further approval.

If the borrower is a salary client of the bank, then the review will take no more than 7 days.

The bank also Reasons for refusal:

Bad credit history.
Low liquidity of purchased housing.
Low income.
Little work experience.
Age less than 21 years.
Having a criminal record.
Providing false information.
Error in documents.
Debt to the Federal Tax Service or the State Traffic Safety Inspectorate.
Inability to confirm information.
For health.

Read more details about how long to wait for mortgage approval at VTB 24 and what are the possible reasons for refusal.

Interview at the bank

If the preliminary decision on the mortgage was positive. Then the credit institution specialist will invite the potential borrower to the bank for an interview. During the initial visit to the bank, the borrower must have a package of documents ready, namely:

passport;
pension insurance certificate;
salary certificate;
document confirming your employment status.

The credit manager makes copies of all documents to conduct additional authenticity checks. The borrower at the bank must write an application and put a personal signature on it. After this, all personal data of clients is again sent for verification to the security service. The online application for a VTB mortgage is preliminary; at any stage, the bank may refuse to issue a loan if the client provided false information in the application form or circumstances related to possible non-repayment of the loan are discovered.

Required documents

General list of documents for the borrower:

Application form.
Read also: Procedure (step-by-step diagram) for obtaining a mortgage (buying an apartment).
Passport of a citizen of the Russian Federation.
Insurance certificate of state pension insurance (SNILS).
Certificate of income of an individual (certificate 2-NDFL or certificate in the form of a bank) / tax return for the last 12 months.
If the borrower is a participant in the salary project at VTB Bank, then a certificate is not needed.
A copy of the work book certified by the employer or a certificate/extract from the work book.
Military ID - for men under 27 years of age.

You can learn more about the necessary documents for applying for a mortgage at VTB 24 in this article.

Submitting an online application for a mortgage at VTB 24.

Fortunately, technology does not stand still, so when searching for a lender to apply for a mortgage, you do not need to visit a branch. All information can be found on the official websites of banks. Here you can submit a preliminary application for a mortgage to find out a preliminary decision. Now you can apply for a cheap mortgage:\

Application for a cheap mortgage

Mortgage amount up to 100 million rubles
Duration up to 25 years
Rate from 11.2% per annum
Down payment from 15%
Mortgages for young families and for maternity capital
Quick consideration of the application and receipt of a decision
Professional approach, assistance in paperwork
Minimum red tape and trips to the bank

Apply now

You can also submit an online mortgage application on the VTB 24 website. To do this you need:

Follow the link for VTB 24 online application.
Fill out the field with personal data: enter last name, first name, middle name, mobile phone number where you can contact.
In the field about loans, mark the information about the region where the property was purchased and the city (select from the drop-down list). Enter the amount and term (from the list) yourself from 5 to 30 years in 1-year increments.
In the Documents and work section, enter the series and passport number, TIN of your employer (10 characters or 12 characters for individual entrepreneurs)
If the borrower does not remember or does not know the TIN, then you can enter the name of the organization and select the appropriate one from the drop-down list.
After filling out all the fields, you need to check the box indicating consent to the processing and use of personal data. Consent can be revoked by writing a written statement at a bank branch.
Submit your application for consideration. Usually, within 24 hours, a bank employee calls you back on the specified phone number and advises you on the issue of providing documents and bank requirements. He will also be able to provide the missing data.
If, after the initial analysis, the client receives a conditionally approved decision, then he will need to come to the office with a package of documents: passport, a second one of your choice (SNILS, INN, driver’s license), 2NDFL or a certificate in a special form, a copy of the work record certified by the company, where the client works.