Mortgage in Sberbank at the birth of a second child

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The birth of a child is certainly happiness for any family and no one will argue with that. But at the same time, the birth of a child imposes even more financial expenses on the family. Diapers, strollers, clothes, baby food, children's cosmetics, toys, medical expenses, children's furniture and gadgets - all this costs money, and not a little money. And if the family has a mortgage and obligations to the bank for monthly payments, then many families with the birth of a child will really have a difficult time financially. In the first year of a child’s life, family expenses can increase by an average of 200-400 thousand rubles per year. Not a small amount, right?

But fortunately for many, Sberbank offers a deferment on mortgages upon the birth of a child. This deferment of payments is one of the types of debt restructuring. This means that the bank accommodates the borrower and changes the mortgage payment schedule for the period while the borrower is experiencing financial problems.

How is a Sberbank mortgage written off at the birth of a child in 2020?

A separate category of benefits includes reducing the mortgage to 6% upon the birth of a child. If the second child was born from January 1, 2018 to December 31, 2022, the borrower has the right to reduce the mortgage to 6% per annum for 3 years. In the event of the birth of a third child during the period of validity of the preferential rate, it is extended for another 5 years.

The state provides for this possibility. At the birth of the first and second baby, the subsidy period will be 3 years. If twins are added to a family that already has one child, the period is extended to 5 years.

The essence of the state program

started in 2020. Its essence is to provide a preferential mortgage loan to families who will have a second and subsequent children after 01/01/2018 and until 12/31/2022. Initially, the mortgage program at Sberbank 6% for the second child provided for:

• preferential mortgage rate of 6% per annum. The difference in the cost of a preferential loan and a commercial loan to Sberbank is repaid by the state at the expense of the budget;
• The total loan term is up to 30 years. But the preferential interest rate for the birth of a second child extended only for three years, and for the birth of a third child – for five years. In total, with three children, the grace period at Sberbank provided for a period of up to 8 years. At the end, it was assumed that the family would be credited on general terms, at the current credit rate;
• the possibility of using maternity capital remained.

It is assumed that the loan can be issued to both the mother and the father of the family. In addition, it is possible to attract 4-6 co-borrowers.

Writing off a mortgage at the birth of a child in Sberbank

Using maternity capital for the birth of a second child to pay contributions or interest will require providing the Pension Fund with a copy of the bank agreement indicating the amount of payments. To receive assistance in improving living conditions, you will have to contact the territorial authorities, be recognized as in need of state support and stand in line for a certificate.

The procedure depends on the chosen loan program, the availability and type of government support. After reviewing the information provided by the inspection officer, announcing a positive decision and signing the agreement, a certificate from the state will be required to pay part of the debt through repayment with money from the budget.

Mortgage for young families

For young families who decided to get their own apartment, 2018 was almost no different from its predecessor 2017.

The only difference in mortgage lending under the state program is that with a subsidy loan you can now purchase either an apartment in a new building or a private house: the secondary market of multi-storey buildings is completely excluded for providing benefits.

But the main task of the state in preferential mortgage lending has remained unchanged: to help young families purchase their own housing to improve their living conditions. Just for this purpose, the budget of each region of the Russian Federation annually allocates a certain amount of money, which covers about 35% of the cost of housing purchased by young families. But the specific conditions of the program to improve living conditions for families are set by local governments, so the mechanism for receiving money may change depending on the place of residence of the young family.

Who can get a preferential loan for an apartment?

First of all, the preferential mortgage loan program sets age restrictions for its participants. Young people must be in the age category of 21-35 years. A young family must be officially registered in marriage and live on joint square meters not exceeding the area:

• 42 m² for young families consisting of 2 people;
• 18 m² for each family member, if a young family consists of 3 or more people .

If the main conditions of this program are met, then any of the young families can take part in government support and take advantage of a preferential loan.

Along with the main applicants for participation in the preferential mortgage program, the following families can also take advantage of the offer:

1. Russian citizens who do not have children can receive a preferential mortgage with a 30% discount.
2. A single parent raising a child on their own receives a 35% discount on an apartment loan.
3. If in a family only 1 of the spouses has Russian citizenship, then in order to participate in the mortgage lending program they need to have at least 1 child. If this condition is met, the family can count on a discount of up to 35%.

At the same time, participation in the mortgage lending program obliges spouses to have a mandatory income in sufficient amount. If the total family budget is less than the established norm, then you will not be able to get a loan with benefits, just like without them. When applying for a loan, the family must have cash savings in order to make the down payment , which is required by almost every bank.

Receiving benefits

If the terms of the Young Families Mortgage Program are clear to you and you meet them, then you should contact your city's Housing Department for support. To be included in the preferential mortgage loan program, you will need to write an application and provide copies of the following documents:

• Passports of both spouses and a certificate of family composition;
• Certificates of marriage and birth of children;
• Labor books;
• A title document for an apartment that the family currently owns.

Along with the basic documents, the young family must provide official confirmation of their income and a bank statement, which will confirm that the family has a sufficient amount in its bank account to pay the down payment on the mortgage. If the family has maternity capital, then this must also be confirmed with a certificate.

The Housing Department can review all these documents within 10 days. As soon as you receive an approval decision along with a certificate of benefit, this document will need to be immediately transferred to the bank where you decided to apply for a mortgage loan. Next, the lender opens a separate account . You must report the number of this bank “wallet” to the Department without delay, but no later than 6 days.

If we take a standard situation, then on the day of opening a bank account, the Department is immediately notified of the current account number, the remaining 5 days are used to verify the information. As soon as all information is verified, no later than 6 days after opening the account, the borrower will be transferred a preferential amount.

In turn, the bank also has the right to 5 days , during which it undertakes to transfer the entire cost of the apartment or house to the account of the seller or developer.

How to spend the reduced amount

A young family that has received a preferential amount under the mortgage lending program can use this money to pay off the down payment or the main loan. How to manage your money more profitably can only be understood after analyzing the most popular banking programs: monitoring the repayment period, conditions and loan rates.

Banks with the Young Family 2018 program

Which Russian banks are currently ready to take part in the mortgage lending program called “Young Family”.

1. Alfa Bank

• The size of the mortgage loan is from 600 thousand rubles.
• The repayment period is up to 30 years.
• The annual rate is 9.99%, provided that the down payment is 50% of the cost of the apartment.
• Additional conditions: young families in which a child has just been born receive a deferment on loan repayment for six months.

2. Rosselkhozbank

In this bank, the annual rate is calculated differentially, depending on the size of the loan.

• The size of the mortgage loan is from 100 thousand rubles .
• The repayment period is up to 30 years.
• Annual rate: if the loan amount is more than 3 million rubles - 8.85%, less - 8.95%.
• The annual rate is 5.17%.
• The down payment amount is 20%.
• Additional conditions: employees of government agencies can also count on a small discount at the annual rate of 0.1%.

3. Sberbank

• The size of the mortgage loan is from 300 thousand rubles.
• The repayment period is up to 30 years.
• Annual rate: for a new building - 7.4% (up to 7 years), with a repayment period of more than 12 years - 7.9%, for the construction of your own house - 10%.
• Down payment amount: for apartments – 15%, for building a house – 25%.
• If the borrower decides to purchase an apartment in a new building, then it will be possible to purchase housing only from a bank partner .

4. Bank opening

• The size of the mortgage loan is from 500 thousand rubles.
• The repayment period is up to 30 years.
• The annual rate is 9.35%.
• The down payment amount is 10%.

5. VTB 24

• The size of the mortgage loan is up to 600 thousand rubles.
• The repayment period is up to 20 years.
• The annual rate is 9.5% for primary housing for employees of government organizations or subject to the condition that the purchased living space will be more than 65 m². In all other cases – 9.7%.
• Down payment amount – 10%.

All of the above conditions are provided only to salary clients who have a full insurance package. For all other clients, banks apply rates 0.5% higher than indicated. If the borrower refuses to purchase an insurance policy, the rate increases by another 1%.

The basic conditions of any bank necessarily include the following requirements for its clients: Russian citizenship, age over 21, stable confirmed income.

Changes for 2020

This year, the state support program was slightly changed: young families with two or more children can get a mortgage with an annual rate of 6%. This type of benefit for young families will be valid for 5 years. During this time, the state will independently pay the difference at all annual rates exceeding 6% on mortgages issued with state support.

This program can be used not only when applying for a mortgage, but also as a refinancing of old loans that young families took out before 2020. But families whose children were born between 2020 and 2022 can also count on benefits. It was during this period of time that the family should have had a second or third child.

Along with these conditions, the most important thing was determined - the size of the mortgage. The maximum amounts went to young families living in Moscow or St. Petersburg, as well as in these regions. For them, the maximum mortgage size reached 8 million rubles, for all other regions – no more than 3 million rubles.

Date added: 08/25/2018 from mos-zalog.ru

Refinancing after the birth of the second and third child at 6 percent in 2019

The maximum period for which the rate can be reduced is 8 years - by 3 years at the birth of a second child during the above period and by five years at the birth of a 3rd child. That is, those who have a second and third child during the program period can count on the maximum benefit period.

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It is difficult not to get confused in all the changes and additions that the government is making to the Resolution on preferential mortgages at 6% from 2017. Surely, those published on March 28, 2020 are not the last. But at the moment this particular version of the Resolution is in effect. Let us briefly list its main provisions, and then summarize the fundamental differences with previous editions.

Requirements for the borrower

• at the time of receiving the loan at least 21 years old;
• when returning funds according to the conditions - no more than 75 years.
• citizenship: Russian Federation.
• work experience: at least six months at a real job. Total experience – at least one year within the last five years.

Additional requirements:

The birth of a second or third, fourth (and subsequent) child from January 1, 2018 to December 31, 2022, who is a citizen of the Russian Federation.

Co-borrowers may include the primary beneficiary of the loan, a spouse, and other individuals with eligible income for purposes of calculating the maximum loan. If the relationship between the parents of the child is not formalized, then the person who is the parent of this child can be included in it.

The wife/husband of the main recipient is not included in the co-borrowers if:

• there is a marriage contract in force at that time and regulating the division of family property, which may include purchased credit housing;
• the husband or wife does not have Russian citizenship.

Other requirements are similar to those for other mortgage products.

Mortgage and the possibility of writing off at the birth of a child

• Adult, capable citizens with natural or officially adopted children;
• Participants in combat operations with a veteran's certificate;
• Individuals with disabilities;
• Families with dependent children with disabilities.

The Government of the Russian Federation has entered into several significant agreements with Sberbank. Thanks to them, young families with children have the opportunity to pay off their home mortgage in a simplified manner and also bear less financial burden.

Mortgage benefits from Sberbank for young families in 2020

1. Preferential conditions for spouses if one of them is under 35 years old (other conditions of the “Mortgages for Young Families” must be met).
2. Possibility to pay off debt with the help of co-borrowers.
3. No commission fees.
4. The opportunity to get a “Momentum” credit card with a limit of 150,000 rubles or a “Classic” credit card - up to 200,000 rubles.

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Sberbank provides young families with a deferment on mortgage payments for a period of 1 to 5 years, depending on the number of children. During this period, the spouses do not make monthly mortgage payments. However, they are required to repay interest on time.

Are there any benefits for a mortgage at Sberbank in the event of the birth of a child?

Sberbank does not offer any special preferential conditions to borrowers who have a baby. However, at the request of the client, the bank can restructure the mortgage loan if the financial situation of the spouses has changed. Or such families may receive a deferment in paying mortgage debt.

Mortgage deferment at the birth of a child in Sberbank (reviews indicate this) is not offered by bank employees. You must be persistent yourself, consult in the office or by calling the toll-free number listed on the website, and find out what options are available to borrowers in such a situation.

Bank clients also write that with state support, deferment is provided not only at the birth of the first child in the family, but also for subsequent children. In the case of a large family, it is entitled to benefits and improved mortgage lending conditions.

How to get a mortgage at Sberbank for secondary housing

Let's briefly consider the terms of a secondary housing mortgage. Sberbank, along with standard loans, offers several rather interesting programs. Terms and conditions for basic home loans can be found on the bank's website. And we will talk about the conditions that are most interesting to potential borrowers.

How a mortgage is issued at Sberbank for secondary housing largely depends on the conditions of the specific program. For example, for holders of a maternal or military certificate, the procedure will have its own nuances. Let's consider the process in the general case.

What does the bank require?

A mortgage from Sberbank with two young children is issued if the requirements for the applicant are met:

• presence of Russian citizenship and permanent registration in the region of residence;
• age - from 21 years old, up to 75 years old at the end of the mortgage repayment;
• work experience - at least 1 year total of the last five years and 6 months at the current place of employment;
• documentary evidence of work activity and income received.

At the same time, you need to know that the second spouse will necessarily act as the title co-borrower for the loan, and the bank will make similar demands on him.

To increase the chances of getting a mortgage from Sberbank after the birth of a second child, the applicant can also involve close relatives as co-borrowers.

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How to get a mortgage at Sberbank for secondary housing

• the minimum age of the client is 21 years, and the maximum is 75 years by the end of the mortgage payment period;
• mortgages are issued only to citizens of the Russian Federation with permanent or temporary registration;
• monthly income must cover all loan servicing costs;
• work experience - 6 months at the current place of work and 1 year - over the last 5 years.

1. The interest rate is 6% during the grace period (3 years after the birth of the second child) and extends to 5 years if the third is born. Thereafter, annual interest payments will be 9.5%.
2. The owner's initial contribution is 20% of the property value.
3. You can only buy an apartment from a developer that has received accreditation from Sberbank.
4. The volume of credit funds is 3-8 million rubles, depending on the region.
5. The purchased property, life and health of the borrower are subject to compulsory insurance.

Documents for obtaining a mortgage at Sberbank

You can submit an application by visiting the nearest branch, or by creating a personal account on the Sberbank website. Online applications are processed faster and will help you avoid wasting time. Papers are submitted via the Internet in the form of scanned copies or photographs from a mobile device. Information about the decision will be sent to the mobile number specified during registration.

To be approved, a potential client will need:

• Passport;
• Certificates from the tax service and from the place of work about employment and income level;
• Information about place of residence;
• Application from the co-borrower-spouse;
• If available, a valid marriage contract;
• Child's birth certificate;

If the child’s Russian citizenship is not indicated on the form, additional confirmation will be required.

In the future, you will need to provide an agreement on insurance of the property, life and health of the buyer. Registration of the transfer of ownership rights in Rosreestr can be done in person, or using the online registration service. It must be remembered that documents have a limited validity period; you should not delay the provision.

Mortgage upon birth of a child

Changing the terms of a mortgage upon the birth of a second child is only possible if the loan is issued not under a general program, but under one of the state ones. Otherwise, the client can undergo the refinancing procedure, i.e. get a new loan from another institution and use it to pay off the debt. It is better to apply for a new mortgage under the Maternity Capital or Young Family project, which provide the best conditions and are carried out on the basis of the law.

Repayment of the mortgage at the birth of children can be done through government payments intended for the mother to support the baby. As is known, this subsidy only has a clearly defined list of purposes for which it can be spent. Improve living conditions, incl. and for the baby it is one of them. Therefore, money can be used for the following purposes:

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Mortgage for the 2nd and 3rd child at 6% in 2020 - conditions for obtaining

If a mortgage was obtained earlier, at a standard interest rate for young families, and a second (third) child is born, then you can submit birth certificates to Sberbank. The bank will refinance the existing mortgage at 6% per year.

According to the terms of subsidies for the 2nd and 3rd children, preferential lending (and refinancing of existing ones) is limited to 3 and 5 years. Subsequent payments will be calculated according to the bank's general lending terms . It is possible that the program will be extended in the future.

What documents are needed for registration?

The documentary case depends on the level of mortgage servicing. Whether it is the initial registration of the mortgage or the duration of its term. Much is also determined by the nature of the connected benefit. In addition to the mandatory receipt of a certificate for maternal capital and an account statement from the Pension Fund for its use under other programs, the recipient is not required to comply with such delays.

For other programs, it is enough to act in a standardized manner - contact Sberbank. If a person’s situation has changed during the service process, then he also comes to Sberbank (with the exception of maternity capital) and proves this with documents. For example, a birth certificate for a child.

Mortgage 6 percent at the birth of 2 and 3 children

From January 1, 2020, families in which a second or third child is born can count on state subsidies for mortgage interest rates in excess of 6% per annum. The benefit applies only to those who want to purchase housing on the primary market or refinance a previously taken out mortgage loan, but also only to new buildings.

For a second child, parents can count on a subsidized rate in excess of 6 percent per annum for 3 years after the birth of the child. For the third child, assistance will be provided for 5 years from the date of registration of the mortgage or loan refinancing.

What the bank offers: loan terms in detail

Sberbank mortgage conditions for families with two children are as follows:

• the birth of a second child, as well as subsequent children with Russian citizenship, in the period from January 1, 2018 to December 31, 2022;
• family living in the only housing, the area of ​​which is less than sanitary standards, taking into account existing children;
• interest rate - 5% per annum. According to , Sberbank’s preferential mortgage rate for 2 children is valid throughout the entire loan term;
• The bank has set the minimum amount of a loan to be issued - 300 thousand rubles. The maximum is differentiated depending on the region where the property is purchased: for Moscow, Moscow region, St. Petersburg and Leningrad Region - 12 million rubles, for other regions - 6 million rubles;
• loan term - from 1 year to 30 years;
• down payment amount - 20%;
• Insurance protection of the mortgaged property, life and health of the borrower is mandatory.

Please note that the bank announces an increase in the interest rate to 6% in case of refusal of insurance. And at the same time, real estate insurance is a mandatory condition for obtaining a mortgage at Sberbank with two children.

The birth of the first child, second and third children - we refinance the mortgage

If this bank for some reason refuses to refinance, you can contact another credit institution that has this service. This bank will cover the debt under the previous agreement and enter into a new agreement with the client on more favorable terms. In this case, the new creditor will have the collateral and rights to it.

For example, some banks reinvest only those loans that were issued in January 2020. DOM.RF refinances loans issued before the launch of the refinancing program at 6 percent. In addition, in DOM.RF you can refinance your mortgage even after paying part of it with maternity capital.

Mortgage calculator for finished housing from Sberbank

• Go to the main page of the company’s website (link is given here);
• Hover your cursor over the “Take a loan” section
• In the list, find the “For housing” tab and click on the link “Purchase of finished housing”;
• Read the program description and fill in the blanks on the calculator.

Important: you can buy real estate only in economy class, for the regions the cost is limited to 6 million rubles, for Moscow, Moscow Region, St. Petersburg and the Leningrad Region - 12 million rubles. A down payment of 20% and personal comprehensive insurance are required.

Housing loan with state support

For families where a second child and subsequent children were born between 2020 and 2022, there is a unique housing loan program at 1.2% per annum. The maximum loan amount in this case is 12 million rubles (for the population of the two capital regions) and up to 6 million rubles for all others. The minimum amount to be received is 300 thousand rubles.

The preferential loan is provided on the following conditions:

• funds can only be used to purchase a finished apartment or housing in a building under construction;
• the period of validity of the loan agreement is 1-30 years;
• initial payment - 20%.