When there is a desire to own a house, many think about a mortgage. A mortgage for the construction of a private house in Sberbank is offered as a separate program and has special characteristics.
Content
Terms of mortgage lending for private development in Sberbank (2018)
The lower age limit for clients is 21 years old. There is also an upper limit of no more than 75 years.
The amount provided under the terms of the program may vary, but ranges from 300 thousand - up to 75% of the contractual value of the loaned residential premises or up to 75% of the estimated value of the loaned or other mortgaged residential premises. For this reason, you should draw up an agreement with the developer in advance and obtain an appropriate construction estimate.
The main terms of a loan for the construction of a house in Sberbank:
• down payment - at least 25%;
• interest rate: from 10% per annum;
• duration of the credit period — up to 30 years.
The amount of the rate can have different parameters and directly depends on solvency. More details on the bank's page .
Conditions for getting the best rate:
• short credit period;
• making an initial payment of more than 25%;
• own life insurance;
• registration of real estate on bail;
• receiving a salary on a Sberbank card.
Before the state registration of the house is completed, a surcharge will be applied to the rate. After that, the rate will be reduced by 1%.
Dependence of the mortgage amount on the level of income and other requirements
A mortgage for the construction of a private house in Sberbank requires the presentation of documentary evidence of income received. In order to obtain the maximum loan amount, it is recommended to take into account the total family income.
Possible family income:
• income from the rental of real estate;
• the salary of the wife or husband;
• payments in the form of royalties;
• income from individual entrepreneurship;
• profit from private business.
If you have a small income, it is possible to attract co-borrowers - relatives and other persons. The bank does not impose too strict requirements on them. But it must be taken into account that co-borrowers receive the right to own a certain share of this housing. The contract must specify the obligations and the amount of the amount that will be repaid every month. If the main borrower fails to fulfill his loan obligations to the bank, then according to the law, the co-borrower will have to make payments for him. By default, this is the spouse of the borrower. At the same time, it does not matter his (her) income and age.
Download the application form and income statement in the form of a bank
Calculating mortgage terms with an online calculator
The main characteristics of a loan for building a house in Sberbank can be calculated in advance on a special calculator .
The required information should be entered in the appropriate boxes. As a result, certain parameters will be obtained: the amount of the overpayment, the monthly payment, the amount of the remaining debt. This information can be obtained as a table or graph for the entire credit period.
Calculation and online application for a mortgage
The main points of the online calculator (link above) for obtaining a loan for building a house:
• the calculation option is selected according to income, amount or monthly installment;
• the size of the down payment;
• the cost of housing is set based on the specialist's report;
• credit period interval;
• required loan amount;
• the desired period for receiving money;
• Availability of benefits (for payroll clients of the bank);
• presence of housing registration;
• information about the borrower (age, gender);
• amount of income;
• registration of insurance.
A mortgage for the construction of a private house in Sberbank can be considered on an online application. On the bank's page you can get detailed advice on available conditions.
Mortgage registration
After submitting an application and a preliminary decision of the bank, you must visit the bank branch .
The principle of selecting a bank branch:
• in the zone of location of the housing facility;
• at the place of registration;
• near the place of work.
It is necessary to collect the necessary list of documents on the basis of which Sberbank will make a decision on issuing a mortgage. It must include a passport and documents proving the availability of income.
What documents are needed for registration
Required list of documents:
• certificate of availability of work at a particular enterprise;
• certified work book;
• certificate drawn up in the form 2-NDFL;
• documents on an additional source of income;
• a bank statement with the amount of income for 6 months (filled in by the employer). If you do not belong to any privileged category, you will need to provide additional documents.
Additional documents for specific programs:
1. Large family: a certificate of a large family, a marriage certificate and documents on the birth of children.
2. Loan for the construction of the "Young Family" house: a certificate confirming the birth of a child and documents on marriage registration.
3. For the military: a certificate that will confirm participation in the NIS.
4. For state employees: certificate of an employee of a municipal organization, the Ministry of Internal Affairs, etc.
Also, to obtain such a loan, you can use maternity capital. It is necessary to obtain a certificate for its provision, as well as an account statement with the amount of the balance. If, according to the legislation, a particular family is supposed to improve living conditions, then it is possible to apply to local governments for a subsidy. It can be used to repay a certain portion of a loan or down payment.
The bank makes a decision on a loan within 2-5 days, but this period can be extended in order to study the information about the borrower in more detail.
After receiving a positive response from the bank, it will be necessary to present documents for the property within a few months.
List of documents for construction:
• appropriate permission;
• contract for construction and preliminary contract-base;
• expert's report on the assessment of the future housing facility;
• certificate confirming the ownership of the land;
• estimate of building materials and upcoming work.
In addition, you will still need to provide the bank with confirmation of the availability of the required amount to pay off the first installment. As this document, a receipt on receipt of a cash advance payment by the developer or an extract from the bank can be used.
How to get a mortgage at Sberbank - video
A mortgage for the construction of a private house in Sberbank is available to many. The calculator will help you calculate the monthly payments using the known home loan parameters.