Mortgage for new buildings in Sberbank - review of tariffs and conditions for registration in 2021

Mortgages with state support for everyone

The mortgage installment program from Sberbank “Gospoderzhka” allows Russian citizens to buy a new apartment in Moscow and other regions at a preferential rate. Clients who choose real estate on the DomClick portal from the list of accredited new buildings are given a discount from the developers. The preferential program is valid until July 1, 2021.

Tariffs and conditions

According to the “State Support 2021” lending program, the commissioning period for housing under construction is not limited. The main thing is that the object is not officially listed as a long-term construction project. The down payment starts from 15%.

It is permissible to use maternity capital funds to fully or partially repay the first payment or accrued interest in the future.

Loan in the amount of 300 thousand to 12 million rubles (for Moscow, Moscow region, St. Petersburg and region) and 6 million rubles. (for other regions) is provided for a period of up to 30 years. The interest rate for a new building is 0.1% in the first year of lending, then from 5.7%.

The standard mortgage rate from Sberbank may change in a number of cases:

+0.1% – for not using the “Electronic Registration” service;
+1% – for the borrower’s refusal to insure his life and health;
+0.3% – if the client does not receive his salary (pension) to his Sberbank card/account.

You can see the list of developers participating in subsidies, make a preliminary mortgage calculation and submit an application remotely on the DomClick platform.

Requirements for the borrower

Preferential mortgages for new buildings can be used by working citizens and those with a regular income sufficient to repay debt obligations. Work experience as of the date of application must be at least 3 months. Age limit – from 21 to 75 years (at the end of the loan agreement). Registration in the Russian Federation is required.

Real estate requirement

According to the terms of a mortgage loan for an apartment in a new building, you can only purchase housing under construction or finished housing from a legal entity (company). You can find an apartment from the bank’s accredited partners online on the DomClick website.

This program does not apply to properties from the secondary real estate market.

Necessary documents for a mortgage

If a potential borrower is a regular client of Sberbank, one passport is enough for him to obtain a mortgage for a new building. When authorizing through Sber ID, all personal data will be entered into the form automatically. Additionally, a marriage certificate may be required.

Salary clients do not need to confirm their income - the bank looks at the necessary information on their accounts.

Other applicants will need to provide a certificate in the form of a bank or 2-NDFL, as well as a copy of their work record book.

Bank requirements

So, let’s look at what requirements the bank imposes in the classic version.

To real estate

If we are talking about a new building, then the following requirements are imposed on the home:

You can buy housing in a finished new building or housing that is still under construction from the bank’s selling company. A detailed list of sellers and their offers can be found here.
According to the terms of the loan, the construction completion period is not limited by any promotional conditions.
You can purchase apartments under construction.
The minimum loan amount for new buildings or housing under construction should not be less than 300 thousand rubles.
As for the maximum loan amount, it should be no more than 85% of the contractual value of the residential premises being loaned and no more than 85% of the estimated value of other real estate being pledged as collateral.
As for the geography of lending, the entire Russian Federation is participating.

The credited group includes seller companies from which housing is purchased from the list of accredited new buildings, information about which is posted here.

When purchasing finished property, the following requirements are imposed on housing:

You should purchase not a share of housing, but a room if you take out a mortgage for a room in the whole apartment.
An apartment on the secondary market must be properly heated, supplied with electricity and sewerage.
If an apartment is purchased on the top floors, then the roof must be in normal, safe condition.

Additionally, there are specific housing requirements depending on the type of program. For example, if we are talking about a mortgage with state support for families with children, then only a new building or housing under construction can be taken out on credit, and the secondary market is not taken into account.

To the borrower

Certain lending conditions are provided to the borrower. As a rule, the classic version of the requirements is used, but the conditions may vary depending on the type of loan program. So, for example, in the classic version, the minimum age of the client should be 21 years, and the maximum – 75 years at the time of loan repayment

In this case, the borrower must have a certain amount of work experience. Thus, a person must have worked at his last place of work for at least half a year, and his total work experience over the last 5 years must be at least 1 year

Separate rules are also taken into account for the co-borrower. If we talk about co-borrowers, there should be no more than three individuals, and their income is also taken into account when calculating the maximum loan size.

The Title Co-borrower's spouse shall or shall be a co-borrower in any case, regardless of his or her age or ability to pay. As for the remaining requirements, they are similar to the requirements for the borrower.

A spouse is not included as a co-borrower only if they do not have Russian citizenship or if they have a valid marriage contract.

As for all other borrowers and co-borrowers, they must have Russian Citizenship.

Mortgage with state support for families with children

A preferential mortgage from Sberbank for families with children is suitable for those who have a second and subsequent child between the beginning of 2021 and the end of 2022. This promotion applies to the purchase of both an apartment and a private house. The main condition for such a mortgage from Sberbank is to buy housing that is under construction or has already been commissioned from accredited developers.

What conditions apply to obtaining a mortgage?

Of all the mortgage programs provided by Sberbank, this one has the lowest interest rate.

Therefore, this proposal requires stricter conditions from the bank:

the amount of monthly payments should not exceed 40% of wages;
For a mortgage, it is necessary to issue collateral in the form of the purchased property;
borrowed funds can be used exclusively for the purchase of living space in a building under construction or commissioned;
It is necessary to insure the life and health of the borrower, as well as the loaned property. Property insurance can be returned later.

Sberbank provides a preferential loan for a maximum of 12 years.

Current interest rates:

0.1% – in the first year of lending for a period of 7 to 12 years;
1% – for 2 years from the date of concluding a preliminary agreement with the bank, with an installment period from 1 year to 7 years;
1.2% - in the first 2 years, when the installment period is from 7 to 12 years.

Then the borrower’s rate is changed to the standard one – from 4.7%.

The minimum loan size is 300 thousand rubles, the maximum is 12 million rubles. for residents of Moscow, Moscow region, St. Petersburg and the region. and 6 million rubles. – for the population of other regions of the country. It is necessary to make a down payment - at least 15% of the cost of the purchased living space.

Requirements for a mortgage recipient

Citizens applying for a loan under the preferential program must meet a number of requirements:

the appearance of a second and subsequent child in the family from January 1, 2021 to December 31, 2022, or the presence of a disabled child born no later than the end of 2022;
Russian citizenship for both parents;
borrower's age – from 21 to 75 years;
work experience – 6 months or more in the current place and at least 1 year for the previous 5 years.

The co-borrower is the spouse, unless otherwise specified in the marriage contract.

What type of housing can be purchased under the program?

Under the “Mortgage with state support for families with children” program, you can buy an apartment in a building under construction or already commissioned, as well as a residential building (part of it) with or without a land plot. The main condition is that the seller must be a construction company.

What documents are required

List of required documents for purchasing housing on the primary real estate market:

statement;
Russian passport (from all parties to the transaction);
marriage contract (if any);
a copy of the work book;
documents for the purchased property;
income certificate (according to bank form or 2-NDFL).

More information about mortgages at Sberbank

Currently, Sberbank offers several options for mortgage loans:

a new mortgage program launched in 2021 - mortgages with state support for families with children;
acquisition of housing under construction;
purchase of finished housing;
mortgage + maternity capital;
mortgage refinancing;
construction of a residential building;
real estate outside the city;
military mortgage;
non-target mortgage loan secured by real estate.

Of course, the conditions for these programs are somewhat different, but, as a rule, approximately the same requirements are imposed on borrowers.

Mortgage for new buildings

Thanks to Sberbank’s “Mortgage for New Buildings” program, you can buy an apartment from a developer at a reduced interest rate – from 4.1%. To do this, you should choose real estate in the database of accredited residential complexes (LCs), posted on the DomClick website.

Tariffs and registration methods

The following terms and rates apply to this loan offer:

limit – from 300 thousand to 60 million rubles;
currency – Russian rubles;
installment period – up to 30 years;
down payment – from 10% for salary clients, from 15% – for other borrowers and, from 30% – if it is impossible to confirm income and employment;
insurance is mandatory in relation to the property being financed;
interest rate – from 0.9% in the first year of lending, then – from 7.6%.

Borrowed funds for the purchase of real estate are provided in 2 installments. The bank transfers the first part of the loan to the borrower’s account after registering the agreement on shared participation in construction (DDU), the balance is transferred to the counterparty over the next 2 years (the exact period is specified in the agreement).

The loan can be applied for completely remotely. All you have to do is submit an application on the website. After its approval, they choose an apartment, receive money, enter into a purchase and sale agreement and undergo electronic registration.

Bank requirements for the recipient

Applicants are subject to standard requirements:

age – from 21 to 75 years;
citizenship of the Russian Federation;
Work experience at the current place is at least 3 months.

The spouse of the main borrower must be involved as a co-borrower, unless otherwise provided by the marriage contract.

List of required documents

After receiving preliminary approval for your application, you must collect the following package of documents:

passports of the borrower and co-borrower with a mark of registration in the Russian Federation;
certificate 2-NDFL;
second document to choose from: SNILS, driver’s license, international passport, military ID (if it is not possible to confirm income);
documents for collateral real estate;
account statements or other document confirming the availability of funds to make the down payment.

If you intend to use a maternal certificate, you will need the certificate itself, the child’s birth certificate and marriage certificate.

Sberbank mortgage in Moscow

SberBank is the largest bank in the country. Many clients trust this institution with their funds and also take out various loans to purchase real estate. A mortgage from SberBank will allow you to quickly purchase an apartment, private house, office space or cottage. Thanks to the site, you can find out various information about lending, contact managers and even submit an application online.

The financial institution offers a large selection of mortgage programs:

"With government support." Families with small children (the second born after 2021) can take advantage of preferential conditions with state support. The rate in this case will be from 5%, the amount limit is from 300 thousand to 12 million rubles. The maximum term is 30 years. The institution cooperates with citizens of the Russian Federation over 21 years of age.
“In a new building from the developer.” You can purchase housing on credit from an accredited developer. The institution provides a list of them. The recipient's age can be from 21 to 75 years (at the end of payments). Percentage from 7.6%. The loan term is up to 12 years.
"Refinancing". If the terms of the loan become unbearable, you can use the refinancing service. In this case, the organization offers a rate of 10.1%. The maximum loan period is 30 years. The amount limit ranges from 300 thousand to 7 million rubles.
"Ready housing." You can purchase a finished apartment on the primary or secondary market on favorable terms: the rate is from 10.3%, the term is up to 30 years. The down payment must be at least 20% of the value of the property.
"Construction of a residential building." For construction, the financial institution allocates amounts starting from 300 thousand rubles, but registration requires a larger package of documents. Rate - from 10.8%. The borrower's age must be 21-75 years. The loan period is from one year to 30 years.

This is not the entire list of programs provided by the financial institution. The bank also offers to take out a loan for the purchase of a garage, a country house, and non-targeted loans secured by existing real estate.

Issuance of a mortgage loan at Sberbank

A mortgage from SberBank is issued if all the necessary documents are available and the client meets age and other requirements (citizenship, registration, income, etc.). The rate depends on the specific program, insurance, down payment and other factors. The highest percentage is for non-targeted loans secured by property (from 12.4%).

The official work experience of the consumer must be taken into account. It must be at least six months in the last place and at least a year in total (over the last 6 years).

Real estate is collateral and requires appraisal. The appraisal company inspects the home and draws up a conclusion, on the basis of which the bank gives approval and determines the loan amount.

The purchased apartment (or other premises) will be encumbered by the bank after purchase, that is, it is impossible to sell or exchange it without the consent of the lender. Property insurance is required.

The age of the applicant is taken into account. The bank cooperates with people over 21 years of age and under 75 years of age (at the time of the last payment). The loan term can reach 30 years.

The down payment must be at least 10-20% of the value of the property. Maternity capital can be used both as a contribution and to pay off an existing debt.

The organization is a participant in government programs, so you can receive funds on more favorable terms if you have a participant certificate.

To apply for a mortgage for the purchase of housing at SberBank, you need to select a program, taking into account the parameters and features.

Documentation

SberBank carefully checks potential clients to reduce the risk of non-payment. The official status of employment and income must be checked and the credit history assessed. As a rule, to obtain a mortgage for the purchase of housing at SberBank, 3 documents are required:

Passport and copy of the registration page;
Certificate of income (2-NDFL from place of work);
Additionally: SNILS, driver's license, etc.

Also, for some mortgage programs, the institution requires a marriage or birth certificate. It takes an average of 5 days to verify documents.

After signing the contract, you must provide the purchase and sale agreement and other documents for the collateral property.

Advantages of mortgage lending at SberBank

The organization is one of the leading in the financial market. Every citizen who meets the institution’s requirements can take out a mortgage to buy an apartment from SberBank. This service has its advantages and disadvantages.

pros

A mortgage from SberBank has the following advantages:

Developed network of branches, a large number of branches and ATMs in cities;
Large selection of programs with different conditions;
No registration fee;
Loyal requirements for the age of clients;
Opportunity to get a mortgage loan even for pensioners and individual entrepreneurs;
Convenient and understandable online banking;
When applying, not only salary is taken into account, but also other income that can be documented.

When applying for a loan, you should evaluate all the positive and negative aspects, calculate overpayments and monthly payments using an online calculator.

Minuses

There are a number of negative aspects when applying for a loan from an organization:

The bank carefully checks each applicant;
Often a financial institution requires additional certificates and papers;
The application can be considered up to 8 working days.

Credit history is very important for an institution. If it is negative, the organization will most likely reject the application.

At the level of current housing prices, not everyone can afford to buy an apartment or house. For citizens with an average income, accumulating the required amount can take 10–15 years. Many are not willing to wait that long, and the best solution in this case would be to take out a loan. By using a special SberBank online mortgage calculator to calculate the main conditions: annual interest, monthly payment amount, overpayment on the loan for the entire term, a potential borrower can choose a loan program and rate based on his financial capabilities. When choosing a program, you should also pay attention to the minimum down payment required by the bank. Banks can accept the amount of maternity capital as a down payment. Online applications are also popular now, which can be submitted on the mortgage website from SberBank or other information resources. With their help, the borrower can receive a preliminary decision on the loan without leaving home. The borrower should take into account that a long-term loan can be taken out if the monthly loan payment does not exceed 50–60% of the borrower’s average monthly income. With rare exceptions, banks allow a payment to income ratio of 70–80%.

Far Eastern mortgage

The lending program called “Far Eastern Mortgage” is intended for the purchase of finished or under construction residential real estate in the Far Eastern Federal District. Thanks to special benefits, young families can improve their living conditions. The government compensates the bank for the lost benefit from reducing the interest rate on the loan.

Features of Far Eastern Mortgage

Key provisions of the program:

payment time interval – from December 1, 2021 to December 31, 2024;
fixed annual loan rate – 2%;
maximum loan term – 20 years;
limit – up to 6 million rubles;
down payment – from 20%;
compulsory life and health insurance of the client.

Citizens can take advantage of the preferential offer once.

Expert opinion

Irina Bogdanova

Expert in the field of mortgage lending.

After purchasing a home, the program participant must register there within 9 months and not register for 5 years.

Who can apply

Before contacting Sberbank to apply for a Far Eastern Mortgage, you need to check your compliance with the established requirements:

Russian citizenship;
age limit – from 21 years at the time of signing the loan agreement and no more than 75 years at the end of the installment period;
registration in the Far Eastern Federal District;
work experience – more than six months at the current place and at least 1 year over the last 5 years.

The spouse must act as a co-borrower or guarantor. Participation by a citizen not related by marriage is allowed if there is a minor child (natural or adopted) in the family.

Expert opinion

Irina Bogdanova

Expert in the field of mortgage lending.

Standard restrictions do not apply to owners of land plots received under the Far Eastern Hectare program. Only the age of the borrower on the date of full repayment of the loan must be no more than 75 years.

List of required documents

In addition to the completed application, you will need a passport of a Russian citizen and any other document for personal identification (SNILS, pension card, military ID, driver’s license).

Additionally you must provide:

income certificate in the form of a bank or 2-NDFL;
a photocopy of the work record;
child and marriage certificate.

Applicants who receive their salary on a card/account with Sberbank are exempt from the obligation to confirm income and employment.

Mortgage calculator from Sberbank

A potential borrower can make a preliminary calculation using Sberbank's mortgage calculator. This step will allow you to obtain information about the approximate amount of the monthly payment and the final overpayment.

Procedure:

Enter the cost of housing.
Indicate the amount of the down payment.
Determine a lending program (for example, mortgages for finished housing or new buildings).
Indicate the installment period.
Click on the “Calculate” button and get the result.

When calculating a mortgage online, the client receives approximate data; the exact amount will be specified in the agreement with the bank.

Sberbank mortgage terms

Different loan programs have different lending conditions. Most mortgage programs are issued in rubles, and the loan amount should not exceed 85% of the appraised value

of the residential premises being financed, specified in the expert report, as well as 85% of the contractual value of the residential premises being financed. At the same time, the loan term varies between 20-30 years, depending on the type of loan package.

According to the bank's terms and conditions, there is no commission for issuing a loan, and the loaned premises are pledged as collateral.

Separate conditions are always imposed on insurance. Thus, property purchased as collateral must be insured against the risks of destruction or loss. The exception is a land plot.

How to get a mortgage for new buildings at Sberbank

The process of obtaining a mortgage at Sberbank consists of several successive stages.

The applicant will have to:

Study loan offers on the official website of Sberbank or the DomClick platform and choose the one that suits you.
Make a preliminary loan calculation using a loan calculator.
Fill out and submit the application online or submit the application in person at the branch.
In case of a positive decision from the bank in absentia, proceed to choosing housing. You can use the database of accredited residential complexes presented on the DomClick portal.
Collect the necessary documents.
Agree with the bank on the date of the upcoming transaction.

After the bank approves the submitted application, you will need to sign a loan agreement and fill out documentation for housing. This will be followed by real estate insurance and transaction registration. Upon completion of the registration procedure, an account is opened in the client’s name and the amount required for settlement with the seller is transferred to it.

How to pay a mortgage

There are several ways to repay mortgage debt:

Issue an order to the accounting department at your place of work to transfer payments from wages.
When concluding a loan agreement with a bank, immediately indicate an account (card) for automatic debiting of the mortgage payment.
Deposit cash into the account from which the loan is repaid at any bank branch.