JSC Sviaz-Bank JSC, military mortgage: conditions, calculator

2024 Author: Howard Calhoun | [email protected]. Last modified: 2023-12-17 10:16

Now many banks offer mortgages. And since there are many military personnel in our country, there are special programs for them that allow them to profitably purchase housing. You can get a loan for the purchase of real estate in Svyaz-Bank OJSC. Military mortgage in the institution has been provided since 2011.

About the bank

OJSC "JSC "Svyaz-Bank"" began to work in 1991. During all this time, the financial institution had the status of a major credit institution. There are 50 branches in Russia. Vnesheconombank, which owns the company's shares, is considered the main joint-stock company.

The institution cooperates with enterprises from various sectors of the economy. The main partner is FSUE Russian Post, which has 51 Svyaz-Bank mini-offices. The main activity is considered to be:

• service for individuals and legal entities;
• debt financing;
• international business.

Lending is a priority task performed by Svyaz-bank. Military mortgage is considered a new line of work. The organization issues targeted loans to military personnel,participants of the savings-mortgage system. The bank serves small and medium-sized businesses.

Although many military personnel are provided with accommodation, some still have to wait a long time. Then banking services come to the rescue. In the bank, you can take advantage of a profitable program, as well as choose housing in the right place. The application is considered quickly, after which a decision is made.

Participation in the program

JSC Sviaz-Bank provides mortgages to army employees who must participate in the accumulative mortgage system. FGKU "Rosvoenipoteka" every year pays funds to the accounts of the military.

When 3 years have passed since the start of participation, the money can be used to obtain a mortgage. Participants in this system have the right to spend savings on the first installment, as well as on debt repayment. Monthly payments are also made using government funds.

Loan conditions

Provision of a military mortgage is possible only on the basis of the following conditions:

• Amount within: 400,000 - 2.2 million rubles.
• Bet: 9, 5-11, 5%.
• Loan period: 3-20 years.
• Provision: purchased housing.
• Possibility of early repayment without overpayment.
• No additional fees.
• Property insurance required.

The organization's program allows you to purchase real estate in the primary and secondary markets. It is the service of OJSC that will help you to buy a house profitably"Svyaz-Bank" - military mortgage. Reviews confirm this. Most customers are quite so favorable terms. The loan rate is quite affordable. Borrowers can choose the period during which payments will be made.

Using a calculator

For all clients, the maximum loan amount is set individually. A calculator that performs an online calculation will help determine it. It is necessary to fill in all the data: loan term, real estate price, type of housing, purpose of the loan and down payment. After that, you can find out how much will be provided to the client.

Only if everything suits, a military mortgage can be issued. The amount of the issue depends on the capabilities of the borrower (how much monthly he can deposit funds). The rate is determined by the amount of the first installment, characteristics of housing and the term of the contract.

The age of the military who issued the loan for the period of repayment of the debt should not be higher than 45 years. The program applies to all regions where Svyaz-Bank operates. Military mortgage is issued together with insurance. If the client refuses this service, the interest rate rises.

Purchase of real estate under construction

Any housing, primary or secondary, can be issued on credit by Svyaz-Bank. Military mortgages are also provided for the purchase of real estate that is under construction. Only these should be accredited new buildings under a shared participation agreement.

These include LCDNekrasovka Park, Zhulebino and M-House in Moscow. If we consider housing in the Moscow region, then at the construction stage it can be purchased in the Sacramento residential complex, the Katyushki microdistrict, the Zhemchuzhina residential complex.

Other cities

You can buy housing on credit in other cities in an institution such as Svyaz-Bank. Military mortgages, reviews of which are almost exclusively positive, are provided in Blagoveshchensk, Kaliningrad, Rostov-on-Don, Krasnodar, Smolensk.

Accredited developers include LLC Lexion Development, GK FGC Leader, LLC Investtrast. If you choose these developers, you can rely on the integrity of the construction company. This is due to the fact that they are all accredited by Svyaz-Bank, which is why customers can be confident in them.

Mortgage procedure

To learn more about the service, you can contact Svyaz-Bank. Moscow has many branches. There is an office on the street. Tverskoy, house 7, along Varshavskoye highway, house 37, on the street. Lobachevsky, house 114. You can fill out an application at the bank. You will also need to provide the employee with the following documents:

• Russian passport;
• certificate of NIS participant;
• additional document: SNILS, TIN or driver's license;
• work book.

When a suitable accommodation is chosen, a certificate must be provided that confirms the ownership. You will also need a passport of living space, documents about the owners of the apartment. When a home appraisal is completed, the employee must provide its result with permission to sell the property.

The customer must decide if he needs insurance. If approved, the documents must be signed. In the end, it is necessary to transfer the contract to Rosvoenipoteka in Moscow. This is necessary for the transfer of funds. Mortgage is issued for a long time, because it is necessary to collect a lot of documents. But the procedure itself is not long.

Customer reviews indicate that the bank's conditions are quite favorable. With such a program, the military can purchase suitable housing at a reduced rate. Employees of the institution usually help to select housing in different localities, and also register the transaction as quickly as possible.

Bank services

In addition to providing mortgages, Svyaz-Bank also provides other services. The organization provides brokerage services. The Bank provides Internet trading, which provides access to services online. The organization performs classic customer service.

The bank can arrange profitable deposits and loans. Also, payroll projects are provided to clients. Mobile banking service, SMS-banking is available. Those wishing to become the owner of the car can apply for car insurance. All services, including military mortgages, are provided on acceptable terms.