All the details of applying for a mortgage at Sberbank in 2021: stages, application approval deadlines, advantages and disadvantages

Mortgages are scary not only because of the need to repay money over a long period, but also because of the possible complexity of the loan application procedure itself. Before taking out a mortgage from Sberbank, you should study the step-by-step instructions and the features of individual loan products.

The stages of buying an apartment with a Sberbank mortgage look step by step like this:

Study of the real estate market, approximate assessment of the value of the selected property, loan size;
Analysis of mortgage programs offered by Sberbank;
Approximate calculation of the monthly payment, independent assessment of the chances of loan approval;
Collecting a package of documents for applying for a loan;
Search and collection of documents for the selected apartment upon approval of the loan application;
Registration of a transaction for the purchase and sale of an apartment, signing a mortgage agreement, home insurance contracts, health and life insurance contracts for borrowers;
Registration of ownership of an apartment, registration of a mortgage.

At each stage there are details that need to be studied in advance; step-by-step instructions for purchasing an apartment with a mortgage will help with this.

Pros and cons of a mortgage at Sberbank

Obtaining a mortgage from Sberbank has both positive and negative sides:

pros

Minuses

Large selection of mortgage programs.
You can buy any type of real estate - from a private house to an apartment under construction.
Preferential conditions for individual citizens (receiving a salary or pension from Sberbank, participating in government programs).
Reduced interest rates on new buildings.
Promotions carried out periodically by bank accredited developers.
Possibility to obtain a mortgage for an apartment with or without making a minimum down payment (subject to the use of a maternity certificate or state subsidy).
A chance to defer the repayment of the principal debt.
Possibility to take out a loan without proof of income if you make a down payment of 50% of the total amount.
Security of the purchase and sale transaction

Strict requirements for borrowers.
A high percentage of mortgage loan refusals.
Lack of open information about all services provided (for example, promises of low interest rates hide additional costs included in the cost of the loan).
The time for consideration of the application and the registration process may last more than 5 days indicated on the website

As an alternative to Sber, you can consider the following options:

Bank	Loan amount, up to	Bid	Mortgage term
up to 30,000 rub.	from 9.8%	up to 30 years old	Go
up to 30,000 rub.	from 8.7%	up to 25 years	Go
up to 30,000 rub.	from 8.7%	up to 25 years	Go

What loan amount can you expect?

The mortgage amount that the bank can offer for a loan will depend on all the above criteria and requirements for the borrower, namely:

type of housing purchased;
the program under which a mortgage loan is issued;
the amount of the borrower’s income (if confirmation of its existence and amount was provided at all);
on the age of the borrower;
on the age of the co-borrower (if, in addition to, for example, the spouse, a third party acts as a co-borrower);
co-borrower's income level.

REFERENCE!

Any mortgage has its limits - the minimum loan size should not be less than 300,000 rubles, but the maximum in each specific case will be determined individually.

Stages of obtaining a mortgage at Sberbank

Step-by-step process for obtaining a mortgage at Sberbank:

Study the conditions for obtaining a mortgage from Sberbank, calculate the loan and decide on the size of the down payment. Be sure to also read about how you can get a mortgage without a down payment.
Submit an application form, which can be downloaded on the official Sber website or taken at any branch.
Wait for a response from the bank.
If approval is received, select housing and coordinate it with the lender. To evaluate the selected property, they resort to the services of their specialist or a company from the list offered by Sberbank.
Collect the necessary documents and provide them to the lender.
Decide with the insurance company to conclude an agreement.

You can apply for a mortgage at a Sberbank branch or send an online application.

After this, the client, together with the credit manager, begins to apply for a mortgage for the apartment at Sberbank. The applicant proceeds as follows:

Signs contracts: mortgage, purchase/sale, insurance.
Registers the transaction in Rossreestr and formalizes ownership of residential real estate.
Settles with all parties to the transaction: bank, seller, insurance company, notary, government agencies.

Expert opinion

Irina Bogdanova

Expert in the field of mortgage lending.

The procedure for obtaining a mortgage is regulated at the legislative level (Federal Law No. 102-FZ dated July 16, 1998).

Answers to frequently asked questions

To avoid gaps in understanding the essence of a mortgage and the key conditions for obtaining such a loan from Sberbank, we will provide answers to popular questions from clients.

How to get a mortgage from Sberbank for a pensioner

There are no special programs or benefits for clients of retirement age at Sberbank. Therefore, this category of borrowers can take out a mortgage from Sberbank for an apartment on standard terms.

The package of documents will be standard, but you need to be prepared for the fact that the bank may require the provision of a pension certificate and a certificate of the amount of the pension received, which can be taken to the Pension Fund if the pensioner does not receive a pension on a Sberbank card.

A key feature of obtaining a mortgage for pensioners is the fact that with sufficient solvency and its documentary evidence, the loan is issued to persons up to 75 years of age at the time of making the last payment. Without proof of income, a mortgage can only be issued up to age 65.

Is it possible to register without a down payment?

Sberbank currently does not have a classic mortgage without a down payment. However, you can bypass the issue of depositing your own funds using the following options:

use maternal capital funds;
pay with a subsidy from the state (if there is such a right);
deliberately inflate the cost of the apartment being purchased by agreement with the seller;
take out a non-targeted loan secured by existing living space;
take out a consumer loan.

You will learn 10 tips on how to get a mortgage without a down payment in a special post.

Deadlines for considering a mortgage application

The time spent at Sberbank to review a mortgage application ranges from 5 to 8 days. This does not include weekends and holidays. During this period, bank employees check the authenticity of the applicant’s documents, his solvency and credit history. The bank issues the decision in advance.

The deadline for considering a mortgage application at Sberbank may be extended for a number of reasons (for example, a potential borrower has provided inaccurate information). You can find out the status of your application in your “Personal Account” of the Sberbank-Online service by opening the “Loans” section.

The received mortgage approval from Sberbank is valid for up to 90 days. During this time, you need to have time to complete all the necessary steps to apply for a housing loan.

Reasons for the long processing of an application

The period for reviewing a mortgage application may be extended for several reasons:

the client provided incomplete information about himself;
there are errors in the documents;
bad credit history;
bank specialists conduct a second inspection due to doubts regarding the existing facts;
technical problems in the system;
outstanding loan debts were identified;
the potential borrower requests too large an amount for the maximum installment term of the mortgage from Sberbank.

Expert opinion

Irina Bogdanova

Expert in the field of mortgage lending.

The mortgage consultant has the right to refuse without explaining anything. But usually the person is explained the reasons for the rejection of the application and given the opportunity to correct the shortcomings.

How to speed up the review process

Typically, a mortgage application is processed within 5 days. There is no way to directly influence employees. The only thing you can do is to insure yourself in advance.

Indirect ways to speed up the procedure for the borrower:

Check your CI in advance through BKI. Then there will be an opportunity to correct it if necessary.
Close existing loans so that the credit burden is leveled.
Avoid making mistakes when filling out the form. Provide only reliable information about yourself, do not inflate your income level in order to get a larger loan.
Attach high-quality photocopies of documents to your application.

An application submitted online through your “Personal Account” will be considered faster. In addition, remote application saves time, since the borrower does not need to go to the branch and stand in line. It is enough to send scanned documents and attach them to the application form.

Then the mortgage approval period is reduced to 2 business days.

How a mortgage transaction is carried out specifically at Sberbank

The mortgage transaction at Sberbank is carried out in the personal presence of the borrower, even if the application is submitted remotely.

To obtain a mortgage for an apartment at Sberbank, you will need to go through several steps:

choose a program;
collect the necessary documents;
select an object to purchase;
submit an application;
wait for a decision from the bank.

Step 1: selecting a mortgage program

First of all, the client chooses a mortgage program. Focuses on the interest rate, loan term and amount requested.

When applying for a mortgage at Sberbank, certain categories of clients are provided with special lending conditions.

Beneficiaries are considered to be participants in the following programs:

“Military mortgage” - in this case, military personnel are subsidized by the state (it transfers money to a personal account to accumulate a down payment, and after the loan is issued, it repays the debt).
“Young family” – allows spouses under the age of 35 to receive a loan at a lower interest rate per annum.
“With maternity capital” - makes it possible to use maternity capital as an initial contribution or repayment of principal or interest (the program is available to families who had a second and subsequent child after 2007).

Clients who receive wages on a Sberbank card are offered a lower interest rate (the rate is reduced by 0.5%) when applying for a mortgage.

At the initial stage of registration, it is important to pay attention to the following points:

the amount of bank commission charged for opening and maintaining a bank account;
insurance cost;
the cost of preparing a real estate appraisal report;
the presence and amount of penalties for late payment.

Step 2: collecting documents for a mortgage

To approve a mortgage, you will need the following documents:

passports from the borrower and co-borrower;
any additional identification document (SNILS, insurance policy, military personnel, international passport);
photocopy of the work book;
certificate 2-NDFL or in a form approved by the bank (for the previous 6 months);
marriage and birth certificates.

The application package may vary depending on the program in which the borrower is participating.

During the procedure for applying for a mortgage loan, when a positive decision is received on the application form, you will need to provide additional documents for the property being purchased (the list is checked with a mortgage broker or at a bank branch). In addition, to obtain a mortgage from Sberbank, the borrower must draw up and submit an application.

Step 3: choosing a property

If you intend to buy an apartment that is still under construction, it is recommended to choose real estate properties accredited by Sberbank. This will simplify the transaction and minimize the risk of encountering scammers. The money is transferred to the developer's account

You can select a property on the DomClick website in the Buy section. Basic search parameters are entered into the lines at the top (see screenshot), and the program automatically selects suitable options.

When choosing a property on the secondary housing market, take into account the requirements of the lender.

Having chosen a property, they order an assessment of its value from a company on the list of those accredited by Sberbank. Open the “DomClick” section on the “DomClick” website.

To search for real estate, enter the name of the city in the blank line.

Expert opinion

Irina Bogdanova

Expert in the field of mortgage lending.

The broker uploads the appraiser's report and other documents for the apartment being purchased on the DomClick portal for verification.

Step 4: Submitting an application and reviewing it

Having decided on a lending program, you can start submitting a mortgage application on your own or with a loan specialist. In the first case, the client comes to the bank branch with a standard package of documents, in the second, he fills out a form in the DomClick service.

Now all that remains is to wait for the mortgage to be approved by Sberbank. After a maximum of 5 days, the credit manager will inform you by phone of the bank’s decision and announce the disbursement limit, interest rate and payment schedule.

Submitting an application for a mortgage at Sberbank takes from 10 to 30 minutes, depending on the chosen method.

Submitting an application online

Clients connected to Sberbank Online can apply for a mortgage through the Personal Account. To do this, open the “Loans” menu item, then “Mortgage”.

The system immediately redirects to the DomClick platform.

How to fill out and submit an application remotely:

Go to the official resource “DomClick” → “Mortgage”, select the “Personal selection of mortgage” tab in the menu that opens.
Using a special service, they select a loan program for themselves.
Then go to the “Loan calculator” section and enter the basic data for submitting an application (loan program, amount, installment period, down payment amount).
Click on the “Submit Application” button. The system will request a cellular client number for registration.
Then fill out the form, indicating reliable data. If possible, it is advisable to involve a co-borrower - this will increase the chance of receiving approval.
Attach scans of the required documents.
The application is sent to the bank for consideration.

Sberbank mortgage calculator

Sberbank's mortgage calculator is an online service for independent use that helps clients determine the desired service parameters and assess their financial potential to cover the expected debt. Its use is available to citizens of different ages.

To calculate the necessary indicators, you will have to enter the desired mortgage amount, service period, and the amount of the down payment. These are 3 main points, which are supplemented directly by Sberbank with discount indicators. The latter vary from program to program according to Sberbank regulations.

Registration of collateral for a mortgage

After receiving consent from the bank on the application and selecting a residential property, it is necessary to draw up a document for the mortgage collateral - an agreement. It is drawn up in writing and does not require notarization (Clause 1, Article 10 of the Law “On Mortgage (Pledge of Real Estate)” dated July 16, 1998 No. 102-FZ). In this way, the lender is insured against non-repayment of the debt by the borrower. If the latter fails to fulfill its obligations, the bank has the right to receive satisfaction through the sale of the mortgaged property. (Article 334 of the Civil Code of the Russian Federation).

Expert opinion
Irina Bogdanova
Expert in the field of mortgage lending.
The borrower will be able to obtain full ownership of the purchased apartment (house) only after the encumbrance is removed, when the mortgage debt is fully repaid and the corresponding registration entry in the Unified State Register is removed.

The mortgage agreement is available for download at the following link:

Carrying out a purchase and sale transaction

After Sberbank approves the client’s mortgage and pledge, a date is set for the transaction. Procedure:

Both parties sign the mortgage agreement.
They sign a preliminary contract for the purchase and sale of real estate - first preliminary, then main (the content of both is essentially identical, only the first indicates the intentions of the parties to conclude a transaction and the timing of its completion).
The borrower makes a down payment as an advance.
Through the MFC, all documents are sent to Rossreestr for registration of property rights.

The bank transfers the balance of the amount to the seller of the property after the transfer of ownership.

Choosing housing and collecting the necessary documents

Having received a positive decision from the bank and having learned the amount of the approved mortgage, you should actively search for and select the appropriate apartment yourself or with the help of realtors. The requirements put forward by the banking structure for mortgage real estate should be taken into account:

the building in which the lending facility is located should not be in disrepair, dilapidated, or scheduled for demolition;
absence of illegal redevelopment;
availability of all communications.

When an interesting object is found, a preliminary purchase and sale agreement is concluded.

Then the preliminary purchase and sale agreement must be submitted to the bank along with a package of documents for the property, consisting of:

agreements of purchase and sale, donation, exchange, and so on, that is, documents on the basis of which the seller acquired the right of ownership;
cadastral passport of the apartment;
an extract from the Unified State Register and a Certificate of Ownership, if the object was purchased before 01/01/2017, or an extended extract from the Unified State Register, if the registration of the last transfer of ownership occurred after the specified date. The bank accepts extracts from the Unified State Register issued no later than 30 days ago;
certificate of absence of debt on utility bills;
a copy of the apartment map;
photocopy of the seller's passport;
bank details of the seller's account;
confirmation of the buyer’s own funds – a receipt from the seller for receiving a certain amount or a certificate from the bank about the availability of funds in the buyer’s account.

When starting to collect the necessary documentation, you need to clarify a number of questions, for example, if:

the owners of the alienated property are incapacitated citizens, including minors, then the consent of the guardianship authorities will be required;
the property was purchased by a married seller, then a notarized consent of the spouse to the transaction will be required;
a share of real estate is acquired, then a notarized refusal of purchase by the owners of other shares is written;
The sale transaction is carried out by an authorized representative of the home owner; his passport and notarized power of attorney will be required.

Then an assessment of potential mortgage housing is carried out.

You need to imagine what stages future homeowners need to go through, look at the step-by-step instructions on how to apply for a mortgage at Sberbank in order to determine the procedure for receiving papers, because each of them has an expiration date, and their preparation also takes time.

If the documentation for the purchased property is not ready within the time period allotted by the bank, you need to submit a new application for a mortgage loan.

Considering that the seller will not collect any documents without the bank’s consent to provide a loan, it is advisable to simultaneously look for housing and contact the bank with primary documentation and a questionnaire.

Sberbank's security service, according to instructions, examines the documentation and assesses the risk of issuing a mortgage. After this, the decision is communicated to the client, and the process of obtaining a mortgage for the apartment is initiated, step-by-step instructions for which are presented below.

Property rights after mortgage registration

The procedure for registering ownership of purchased real estate takes place at the MFC. Both parties (buyer and seller) must come there with all documents, including a receipt for payment of the state duty.

You can register a transaction online through the DomClick service. Send documents to Rosreestr electronically. After registration is completed, papers with the appropriate mark are sent by e-mail. The cost of such a service is from 7900 to 10900 rubles.

For the period while the borrower pays off the mortgage, the apartment is pledged to the bank. The owner will not be able to sell or donate it without obtaining consent from the lender, but he has the right to register someone on the mortgaged living space and make repairs.

Insurance

Insurance of the collateral is a mandatory requirement of Sberbank. You can choose the best option and apply for a policy on the DomClick website, using the services of Sberbank partner companies. Read about how to return the insurance amount in the article “Return of Sberbank mortgage insurance”

The borrower pays the cost of insurance independently. A similar procedure is required only for apartments on the secondary market and built houses (when documents are available). New buildings are insured after construction is completed and the house is put into operation.

Expert opinion

Irina Bogdanova

Expert in the field of mortgage lending.

In addition, the applicant must insure life and health, otherwise the mortgage rate will increase by 1%.

Mortgage from Sberbank: key points in 2021

In 2021, Sberbank made changes to the conditions for providing mortgages; they are worth noting separately:

percentages have become higher. On average, tariffs increased by 1 point;
discount for electronic service. For electronic registration of a transaction in Rossreestr, the borrower receives a discount of 0.1% per annum from the base rate;
The mortgage loan decision is valid for 90 days. During this time, the client can select a property and complete the transaction;
The size of housing loans for military personnel has been increased. The maximum loan amount is 2.629 million rubles;
credit card. When taking out a housing loan, you can get a credit card with an approved limit of up to 200 thousand rubles;
0.3% discount for all salary earners;
special rates for new buildings. Promotion from individual developers at a reduced interest rate.
a family mortgage was launched in Sberbank at 5% per annum.

Requirements for the borrower

Sberbank has various requirements for potential borrowers, which is influenced by the chosen lending program and the terms of the mortgage.

Standard requirements for the applicant:

Russian citizenship and permanent registration on the territory of the Russian Federation;
age range - from 21 to 70 years at the time of repayment of the mortgage loan;
work experience at the current place - the last six months, continuous - over 1 year;
sufficient income to make mortgage payments (confirmed by a 2-NDFL certificate);
attracting co-borrowers or guarantors, which increases the chance of approval;
availability of own funds to make a down payment of up to 20% of the cost of the purchased home.

Participants in the Young Family program must meet certain requirements:

have housing with a total area of no more than 42 square meters. m for two or 54 sq. m for three;
live in conditions that do not meet sanitary standards;
live with a person suffering from a serious illness;
be no older than 35 years of age.

For a military mortgage, the borrower must have served in the military and be a participant in a special program (NIS).

When applying for a housing loan using maternal capital, you must provide a certificate. In the event of the birth of a second or subsequent child, funds issued by the state can be used for a down payment or debt repayment.

Advice for practical borrowers

Mortgage conditions at Sberbank in 2021 are attractive, and many clients use the bank’s calculators to calculate payments and tariffs. Simple rules will help you choose the optimal lending conditions and get benefits:

use all budget and bank subsidies provided to your family (military certificate, maternity capital, conditions of the “Young Family” state program, benefits for public sector employees and corporate clients of the bank). Reducing the rate by 1-1.5% per annum will provide tangible benefits when taking out a large loan for a long term;
Give the bank as much information as possible about your financial situation. This will help you get loan approval on standard and special conditions;
apply for a property tax deduction when purchasing real estate. The money received can be used for early settlements with the creditor or for the improvement of new housing;
choose the terms of a Sberbank mortgage, assessing your capabilities in 2021 and the prospects for changes in income. Preliminary calculation and a conservative approach to lending is the best strategy!
Don't be afraid of electronic registration. It will allow you to save significant money.
submit an application through bank partners. This will increase the chances of approval and receive certain preferences on the rate.

You can learn what documents are needed for a mortgage in Sberbank and how to apply for a mortgage in Sberbank step by step from our previous posts. Also be sure to look at the post about how a mortgage is issued without a down payment at Sberbank of Russia.

You can apply for a mortgage online through our service directly on the website.

We are waiting for your questions about working with Sberbank mortgages below. We would be grateful for reposting and rating the article.

Real estate requirement

Sberbank strictly approaches the issue of choosing property as an object of collateral for a mortgage, putting forward certain requirements for real estate. It is important for the financial institution that in the future, if the borrower evades fulfillment of debt obligations, it is possible to sell the collateral without problems at a price close to the market one.

Approval of an object under a Sberbank mortgage depends on the appraisal report. Failure to meet the required parameters even on one point gives the lender the legal right to refuse the borrower to issue a mortgage loan.

Ready housing

Sberbank has specific requirements for purchasing an apartment with a mortgage:

real estate must be located on the territory of the Russian Federation, in a liquid area;
in Moscow, buildings no younger than 1970 are suitable, in the provinces - from 1955;
during the total service life of the building, wear and tear should not exceed 70%;
all rooms must have radiators, glazed windows, doors in accordance with the technical passport, and there must also be cold water supply, ventilation in the kitchen and restroom;
the building must have a concrete, stone or reinforced concrete foundation;
all redevelopments carried out must be coordinated with the relevant organizations.

The bank will definitely refuse if the property:

is under encumbrance, arrest;
with debts on utility bills;
is in a dilapidated state and is being prepared for demolition;
intended for reconstruction;
with wooden floors;
constructed from blocks or panels.

The bank does not consider premises located on the ground, first and last floors, as well as small families and dormitories.

The listed criteria are taken into account only when purchasing an apartment. When applying for a mortgage on a house with land, you will need to do a land survey.

Mortgage for construction

The construction site must meet the following requirements:

is included in the number of lands intended for individual housing construction and agricultural work;
not listed as collateral;
registered in the BTI as “construction in progress” if there are any buildings on it.

All owners of land plots in this case are required to act as mortgagors. Banking control is carried out at all stages of construction.

Costs when applying for a mortgage at Sberbank

When applying for a mortgage loan, expenses will arise for the following items:

valuation of collateral real estate;
payment of state duty when registering a transaction and receiving a registration certificate;
registration of an insurance policy for a residential property, life and health of the borrower (a preliminary calculation can be made on the DomClick website);
real estate and notary services;
payment for renting a safe deposit box (if the payment form is accredited);
registration of various certificates in Sberbank.

Experience

Standard borrowers applying for a mortgage loan must work in their current place for at least six months. In this case, the total length of service of the client cannot be less than one year.

If the borrower is a woman after maternity leave, the mortgage experience requirements remain standard. After maternity leave, a woman must work for at least six months, unless she takes out a mortgage as a salary client of Sberbank.

Borrowers who receive salaries on Sberbank cards are subject to loyal requirements based on length of service. To obtain a mortgage, they only need 3 months in an active job, and restrictions on overall length of service are removed altogether.

Down payment on mortgage

You can get a mortgage from Sberbank only if you make a certain amount of the down payment. The amount is calculated as a percentage of the property value and depends on the program:

What mortgage program?	An initial fee, %
"Ready living space"	From 7.3
"Housing under construction"	From 0.9
"With state support"	From 0.1 – in the first year, then – 6.1
“With state support for families with children”	From 0.1
"Construction of a residential building"	From 8.8
"Country estate"	From 8
"Plus maternity capital"	From 4.1
"Military mortgage"	From 7.9
"Garage or parking space"	From 8.5

Borrowers who have not documented their income will be able to take out a mortgage loan only with a 50% prepayment.

Documents for obtaining a mortgage loan

To apply for a loan, you must provide the following documents to Sberbank:

application form;
a copy of the passport of the borrower and co-borrowers;
a second document, for example, TIN, SNILS, medical policy, international passport, driver’s license;
certificate of registration at the place of stay, if registration is temporary;
income certificate in form 2-NDFL, for individual entrepreneurs - tax returns;
a copy of the Work Book certified by the employer;
Marriage certificate (if available);
Child's birth certificate (if available).

If earnings are received as part of the Sberbank salary project, then confirmation of the amount of income and length of employment is not required.

Under the “Mortgage plus Maternity Capital” program, you must provide a certificate certifying the family’s right to receive maternity capital funds, and a document from the Pension Fund confirming the amount of the account balance.

Following internal instructions, managers may require other documents to assess the potential risk of issuing a loan.

The decision to issue a loan is made within 3-5 days and is valid for 60 days.