2024 Author: Howard Calhoun | [email protected]. Last modified: 2023-12-17 10:16
Mortgage is a type of loan under which the client purchases real estate and undertakes to repay the debt within a specified period. As security for the performance of an obligation, the property is pledged to the bank. The buyer may also mortgage other properties. The conditions for this type of lending in Russia are quite strict. Therefore, the government, together with banks, offers its service programs to a certain category of citizens. You will learn more about what a social mortgage in Kazan is, the conditions for obtaining it from this article.
Features
Social mortgage housing is provided to vulnerable categories of citizens who are not able to independently purchase an apartment under a commercial program. The main difference lies in the low cost of 1 square. m of living space. Borrowers do not need to save money for many years to buy an apartment. They can move in immediatelyafter applying for a loan and register family members there. Another advantage is the additional guarantees provided by the bank and the government. The credit organization carefully checks all documents, insures the life of borrowers and property, the interest rate for the service does not change until the end of the contract.
Social mortgage for state employees (Kazan) is provided on the following terms:
- participants can be employees of state-owned enterprises, as well as those who partially finance it;
- for one person living in the apartment should be at least 18 square meters. m;
- maximum loan term is 28 years;
- credit is provided at an interest rate of 7%;
- it is possible to get a loan without an advance payment.
The list of requirements is dictated not only by commercial banks, but also by the authorities. The former can impose restrictions on citizenship, residence permit and work experience, etc. The requirements of the authorities concern more real estate and their location.
The main disadvantage of a mortgage is a significant overpayment, which can exceed 100% or more. It includes the bank's commission for servicing, providing the service, monthly insurance payments, etc.
Details
Social mortgage in Kazan is provided within the framework of the Salavat Kupere project. 400 hectares have been allocated on the territory of the residential complex in the Kirovsky district, on which 1.4 million square meters will be built. mliving space. More than 50,000 people already live here, who can use the developed infrastructure: 22 kindergartens, 7 schools and several clinics. In total, 6.5 thousand apartments with a total area of more than 380 thousand square meters were commissioned in 2014. m. Plan for 2015 - 5649 apartments with an area of more than 345 thousand square meters. meters.
The following services are provided as part of the federal housing program:
- social mortgage for young families;
- provision of land plots;
- provision of housing for specialists in the countryside;
- fulfillment of state obligations to provide certain categories of citizens with real estate.
Who can get a mortgage?
The issue of providing citizens with housing is acute in Kazan and Tatarstan. But in these regions there are some nuances in the provision of services. In accordance with the law, state support can be used by people who need to improve their living conditions, who are registered, as well as people working in organizations that have made cash injections. In Kazan, there is another problem: municipal lands are almost completely used, construction is carried out on the site of the demolition of houses or in the industrial zone.
Views
For residents of Kazan and Tatarstan, there are such subspecies of the "Social Mortgage" program:
- "Apartment for young teachers".
- "Mortgages for young families".
- "Apartment for young people".
Let's take a closer look at each of them.
Apartment for teachers
To support novice teachers who are under 35 years old, a special compensation procedure has been developed. Participants can receive a subsidy up to 10% of the cost of housing to pay the down payment. This money is provided if the employee has worked in the position for more than one year and undertakes to work for another 5 years in the same place.
Social mortgage for young families
Spouses who have not reached the age of 35 have the right to apply for a subsidy within 35% of the cost of housing, and a family with at least one child - 40%. Housing must comply with the standard: 18 sq. m per family member. The maximum age of both spouses is 34 years. The family must be on the housing registry and have on hand an amount in excess of the subsidy provided under the Social Mortgage program.
Where should I go to apply for a subsidy in the register? to the local executive authority. If the decision is positive, then the participant receives a special certificate, and the subsidy itself is transferred to the account of the partner bank.
Mortgages for youth
Soldiers of student construction teams who have worked 150 shifts can apply for a mortgage at the cost of the apartment. This is three times cheaper than the market price. More information can be found on the websitepublic organization "Russian student teams".
Social mortgage in Kazan at the birth of a child
In order to reduce the financial burden on the family, the state program provides for installment payments. It depends on the initial cost of the home, the amount of the accumulated contribution and the monthly income. According to the terms of the program, if a child appears in a family after the loan is issued, then it receives material compensation in an amount equivalent to the cost of 18 sq. m. m of purchased housing. But this amount should not exceed the unpaid part of the debt.
How to get a social mortgage
To apply for a loan, you must submit an application and copies of the following documents to the bank:
- passports;
- SNILS;
- TIN;
- military ID;
- child's birth certificate;
- documentation of education;
- marriage/divorce certificates;
- work book (to be certified by the employer);
- income certificates.
Additional may be required:
- Registration certificate.
- Copies of relatives' passports.
- Parents' pension certificates.
- Death certificates of relatives.
- Documents confirming the presence of other property (dacha, car, land, securities, etc.).
- Movements on bank accounts for the last six months.
- Documents confirming a positive credit history: copies of utility billsservices for the last 6-12 months; loan agreements.
The originals must be submitted along with copies at the time of submission.
If the future borrower is a business owner, then it is necessary to provide the bank with documents confirming the stability and dynamics of development. Individual entrepreneurs will be required to have a certificate of registration, licenses to carry out activities, documents confirming the payment of fees, account statements, copies of lease agreements, etc.
Non-residents who work on the territory of the Russian Federation must provide a copy of the residence permit and work permit.
After reviewing the documents, the bank makes a preliminary decision. If it is positive, then the client can proceed to the selection of a particular property. It must meet the terms of the program. After selection, the borrower must collect title documents for housing appraisal.
Further procedure
Based on the estimated amount of housing, a credit limit is formed. It is no more than 80-100% of this figure. Since the social mortgage in Kazan is a long-term type of lending, the bank requires the provision of guarantees in the form of insurance against the risks of loss of working capacity, property rights or damage to property. Then the client needs to sign an agreement with the bank. The borrower can familiarize himself with its form in advance at the stage of collecting documents. In some cases, it is necessary to sign a contract of sale, from which the mortgage follows by law. In addition, it is also necessary to issue a mortgage - a security that gives the right tothe creditor to obtain performance of the obligation. The process of registration of state registration of documents ends. Here's how to get a social mortgage.
Conclusion
The state, within the framework of special programs, allows certain categories of the population to purchase housing on credit. The loan is provided for 28 years at 7% per annum, provided that the person can pay the down payment. To participate in the program, you need to register with the state administration of the district and collect a package of documents.
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