Throughout 2015, mortgages remained one of the most popular tools for purchasing housing in the mass segment. Largely thanks to the launch of a state program to subsidize housing loan rates. This measure allowed low-income groups to gain access to relatively inexpensive loans: rates on social mortgages from the Agency for Housing Mortgage Lending, thanks to the state program, start at 9.9% per annum. Analysts from the Metrium Group company found out in which new buildings in Moscow it is possible to get a loan according to the social standards of AHML, and calculated how much such a mortgage would cost the buyer.

Providing housing to socially vulnerable groups of citizens is declared in Russia as one of the priority areas of state activity. For this purpose, various programs are being developed, ranging from the opportunity to receive an apartment or house for free use, to various tools for purchasing housing on preferential terms. One of them is the social mortgage, issued by a number of banks in partnership with the Housing Mortgage Lending Agency.

The difference between this program and most of those on the market is a lower interest rate - from 9.9% per annum - and a small down payment: only 10% of the cost of the apartment. In this case, a loan can be issued for a period of up to 30 years, and maternity capital can be used as an additional way to attract financing.

However, this program has a number of restrictions regarding both the categories of citizens admitted to it and the objects in which housing can be purchased using a social mortgage.

Participants of the “Housing for Russian Family” program;
- families with two or more minor children;
- employees of military-industrial complex enterprises with at least 1 year of experience;
- disabled people and families raising disabled children who registered for the improvement of housing conditions before 01/01/2005.

In addition, the leadership of each region of the country can admit additional categories to the social mortgage program: combat veterans, young families living in emergency housing, employees of a number of organizations and government bodies, etc.

As for the facilities accredited to participate in the AHML social mortgage program, today the agency’s website contains a list of about 140 buildings in 62 new buildings being sold in Moscow and in the territories annexed to the capital. At the same time, as Metrium Group analysts note, approximately half of the accredited facilities belong to the business and elite class segments. And this is quite strange, given the fact that the maximum loan amount in Moscow is set at 10 million rubles.

“The concept of “maximum loan amount” means that the buyer must pay the rest of the cost of the apartment as a down payment,” explains Maria Litinetskaya, managing partner of Metrium Group. - That is, theoretically, a social mortgage can be issued for an apartment worth a billion rubles by contributing 99% of your own funds. It can be assumed that the buyer of a business class apartment will pay 60-70% of its cost from his savings, and will take out a social mortgage for the remaining 10 million rubles. But in the elite segment such a situation is unlikely.”

Despite the fact that AHML promotes social mortgages as a loan with a rate of 9.9% per annum and with a down payment of 10% of the cost of housing, upon closer examination it turns out that a combination of these two parameters is impossible - you have to choose one. A rate of 9.9% per annum is offered under the “Mortgage with state support” option with a minimum down payment of 20%. Moreover, only large families (3 children or more) will be able to receive such a low rate; other social categories can count on a rate of 10.65% per annum. And if the buyer is able to contribute only 10% of the cost of housing, then state support will not be available to him, and the interest rate will be 13.25% per annum.

There is also a limit on the maximum loan amount depending on the size of the down payment. If the “Mortgage with state support” option is used, then the loan size does not change much: 7.3-8 million rubles. Without government support, the loan amount varies from 6.6 million rubles with a contribution of 10-19% of the cost of the purchased housing to 10 million rubles with a contribution of 50%.

"Old" Moscow

Within the old borders of Moscow, social mortgages are currently offered in 15 new economy and comfort class buildings, which is 41.7% of all properties in this segment.

The lowest prices for apartments in projects with a social mortgage are presented in the Etalon City residential complex - from 3.55 million rubles. Accordingly, here you can get the most lenient mortgage conditions from AHML. At an annual rate of 9.9%, the down payment will be from 710 thousand rubles, and the monthly payment will be from 24.7 thousand rubles. If we start from the down payment of 10%, then we need to have at least 355 thousand rubles of our own funds and pay at least 36 thousand rubles monthly to pay off the debt.

The second position is in the residential complex “Varshavskoe, 141”, where prices for apartments start from 3.99 million rubles. Here you can get a social mortgage at 9.9% per annum with an initial payment of 798 thousand rubles; servicing the loan will cost from 27.8 thousand rubles per month. With a minimum contribution of your own funds, the first payment will be from 399 thousand rubles, and the monthly one - from 40.4 thousand rubles.

The residential complex “Marshala Zakharova, 7” closes the top three. Starting prices for apartments here are fixed at 4.39 million rubles. To minimize the size of the monthly payment, you need to deposit your own funds from 878 thousand rubles. Then, at a rate of 9.9% per annum, every month you will need to pay from 30.6 thousand rubles. And with a small initial payment (from 439 thousand rubles), you will have to pay the bank almost 1.5 times more monthly - from 44.5 thousand rubles.

In addition to these three new buildings, social mortgages can also be issued in such landmark projects for the capital’s market as Tsaritsyno-2, the Fili Grad and Vodny mixed-use complexes, River Park and a number of others.

Residential complex of the mass segment of Moscow with a social mortgage

Name	RVE	Min apartment area (sq. m)	Min apartment cost (million rubles)	9.9% per annum		10% contribution
						Initial payment (thousand rubles)	Monthly payment (thousand rubles)
"Etalon City"	1 sq. 18	38,79	3,55	710	24,7	355	36
"Varshavskoe, 141"	4 sq. 16	22,4	3,99	798	27,8	399	40,4
"Marshala Zakharova, 7"	2 sq. 18	26,2	4,39	878	30,6	439	44,5
"Tsaritsyno-2"	1 sq. 17	34,3	5,11	1022	35,6	511	51,8
Multifunctional complex "Fili Grad"	3 sq. 17	28,3	5,77	1154	40,2	577	58,5
"River Park"	2 sq. 17	35,69	5,84	1168	40,7	584	59,2
"Life-Mitinskaya Ecopark"	1 sq. 17	42,12	5,99	1198	41,7	599	60,7
"City on the Tushino River-2018"	4 sq. 17	39,6	6,8	1360	47,3	680	68,9
Chertanovo-Severnoye, microdistrict 7B	Obtaining RVE	42,6	7,24	1448	50,4	724	73,4
"Yauza Park"	1 sq. 17	40,45	7,29	1458	50,8	729	73,9
"House on Nagatinskaya"*	3 sq. 16	41	7,64	1528	53,2	1074 (14,1%)	73,9
“House on Izumrudnaya”*	Obtaining RVE	43,4	7,73	1546	53,8	1173 (15,2%)	73,8
Multifunctional complex "Vodny"*	RVE received	39,9	7,81	1562	54,4	1261 (16,1%)	73,7
"Life-Mitinskaya"*	RVE received	43,87	10,66	3198 (30%)	64,9	4396 (41,2%)	70,5
"Vershinino"*	RVE received	76,9	17,05	5115 (54%)	68,2	11425 (67%)	63,3

* The minimum cost of apartments in these projects exceeds the maximum allowable amount of borrowed funds for the basic amount of the down payment. In the “Initial payment” columns, the minimum required share of own funds is indicated in brackets, which will allow you to comply with the conditions for the provision of a social mortgage according to AHML standards.

Source: Metrium Group

New Moscow

On the territory of the Novomoskovsky and Troitsky administrative districts, 14 new buildings are currently offered with the possibility of obtaining a social mortgage from AHML, including in such well-known projects as "", "First Moscow", "Sports Quarter" and others. This represents 38.9% of the total number of projects in New Moscow.

The most interesting conditions today can be obtained in the Borisoglebskoe residential complex. Considering that the minimum cost of an apartment here is 1.9 million rubles, buyers from social categories have the opportunity to contribute 380 thousand of their own funds and pay only 13.2 thousand rubles per month on the loan. Or you can save on the down payment by making only 190 thousand rubles. The size of the monthly payment in this case will also not be very high - 19.3 thousand rubles.

You can also get a social mortgage in the Sports Quarter residential complex. With the cost of the apartment being 2.26 million rubles, the amount of the down payment when applying for a loan at 9.9% per annum will be 452 thousand rubles, and the monthly payment will be 15.7 thousand rubles. And with a 10% down payment of your funds, you will have to pay 226 thousand rubles, and every month you will need to pay 22.9 thousand rubles. It is worth noting that these figures are the lowest in Moscow among projects whose construction has already been completed: buyers of apartments in the Sports Quarter will be able to receive the keys at the beginning of 2016.

The third position is occupied by the Prima-Park residential complex, where prices for apartments start from 2.89 million rubles. You can become the owner of an apartment in this project by contributing 578 thousand rubles of your own funds. The monthly payment will be 20.1 thousand rubles. Alternatively, you can have only 289 thousand rubles of your own money, but every month you will have to give more - 29.3 thousand rubles.

Residential complex of the mass segment of New Moscow with a social mortgage

Name	RVE	Min apartment area (sq. m)	Min apartment cost (millions) rub.)	9.9% per annum		10% contribution
				Initial payment (thousand rubles)	Monthly payment (thousand rubles)	Initial payment (thousand rubles)	Monthly payment (thousand rubles)
"Borisoglebskoe"	4 sq. 16	33,4	1,9	380	13,2	190	19,3
"Sports Quarter"	1 sq. 16	28,32	2,26	452	15,7	226	22,9
"Prima Park"	RVE's teaching	26	2,89	578	20,1	289	29,3
"Vnukovo 2016"	4 sq. 17	30,41	2,98	596	20,7	298	30,2
"New star"	2 sq. 16	22,9	3,02	604	21	302	30,6
"Novo-Nikolskoye"	Obtaining RVE	45	3,53	706	24,6	353	35,8
"Andersen"	1 sq. 16	38,22	3,6	720	25,1	360	36,5
"First Moscow"	4 sq. 19	39,2	3,82	764	26,6	382	38,7
"Peredelkino Blizhnoe"	3 sq. 17	37,2	3,98	796	27,7	398	40,3
"Butovo Alleys"	Obtaining RVE	35,6	4,03	806	28,1	403	40,8
"New Vatutinki", Central microdistrict	Obtaining RVE	37,2	4,26	852	29,7	426	43,2
"New Butovo"	2 sq. 16	37,5	4,32	864	30,1	432	43,8
"Moscow A101"	1 sq. 17	40,9	4,58	916	31,9	458	46,4
"Buninsky"	Obtaining RVE	44,03	5,62	1124	39,2	562	56,9

Buying your own home is an extremely difficult task for the vast majority of the country’s citizens, including Muscovites. Not everyone can buy an apartment or pay for housing construction. Some families are prevented from making such a large purchase by their low income, while others are prevented from making such a large purchase by having insufficient accumulated savings. To solve such a complex problem, social mortgage programs were developed in Moscow.

Social mortgage 2020 includes a set of government lending programs, as well as a whole range of special banking products that may partially overlap with government ones. Today, banks provide preferential loans for housing construction in Moscow, as well as social mortgages for secondary housing and primary real estate.

Who can get a preferential mortgage in Moscow?

A significant number of mortgage benefits with different lending conditions determines the existence of several groups of people who can take advantage of this program. In 2020, the following can receive a preferential loan for housing from Moscow banks:

• people living in premises unsuitable for habitation, who are registered accordingly;
• families not provided with adequate living space (housing area is less than 18 square meters per family member);
• young families with one child (parents’ age should not exceed 35 years);
• large families (without restrictions regarding the age of parents);
• military personnel, as well as combatants (in order to take out a soft loan, you must participate in the funded housing system for military personnel for at least three years);
• workers in socially significant professions (for example, scientists, officials, healthcare workers, etc.).

Social mortgage– a set of government programs to improve the living conditions of socially vulnerable segments of the population. There are several forms of social mortgage:

Currently, several state mortgage programs operate at the federal and local levels, for example, for young families and for state employees - young teachers and scientists, as well as for military personnel.

Social mortgage in Moscow

As part of the social mortgage, the city of Moscow provides its residents who need improved housing conditions with the opportunity to purchase residential premises owned by the city of Moscow at a reduced price based on purchase and sale agreements using mortgage lending. The price of such real estate is significantly lower than the market price of similar premises that do not belong to the city and are sold as part of housing programs. The redemption value of real estate is calculated on the basis of a government-approved methodology, taking into account the number of years a citizen has been on the housing register and the availability of rights to benefits when purchasing housing.

Social mortgages are provided to solvent residents of Moscow aged 18 to 55 years who are recognized as in need of improved housing conditions. A potential borrower must receive a positive decision from the bank to issue a loan in the amount necessary to purchase an apartment.

To register, a citizen must contact the Moscow City Property Department.

Regulatory documents regulating the provision of residential premises from the housing stock of the city of Moscow using mortgage lending:

Decree of the Moscow Government of September 27, 2011 N 454-PP (as amended on April 8, 2015) “On approval of the state program of the city of Moscow “Housing” for 2012-2018”;

Decree of the Moscow Government dated August 14, 2007 N 703-PP “On approval of the Methodology for calculating the redemption value of residential premises owned by the city of Moscow for sale to citizens within the framework of city housing programs”;

Decree of the Government of the Russian Federation of January 11, 2000 N 28 “On measures to develop the housing mortgage lending system in the Russian Federation”;

Moscow City Law No. 29 of June 14, 2006 (as amended on July 2, 2014) “On ensuring the right of Moscow residents to residential premises”;

Moscow City Law No. 11 dated March 31, 1999 (as amended on May 19, 2004) “On organizational and financial support for the implementation of a housing mortgage lending system in the city of Moscow.”

Mortgages for young families

Mortgages under the federal program “Affordable Housing for Young Families” are intended for young people, i.e., it is assumed that each family member is under 35 years of age. In addition, the program sets a number of restrictions. The family must stand in line for improved housing conditions. For two people an allocation of 42 sq. m. is required. meters if there are no children, and if there are - 18 square meters. meters per person. The amount of assistance to young families is determined based on the cost of housing in the region.

The basic indicators of the size of the subsidy under the “Affordable Housing for Young Families” program are: up to 30% of the average cost of housing for young families without children and up to 35% with children. A number of banks have developed their own social mortgage programs for young people. For example, Sberbank of Russia has a “Young Family” program with lower interest rates compared to basic lending conditions.

At the same time, many banks do not identify young families as a separate social group when providing mortgage lending. However, most long-term programs are aimed at young people.

Family mortgage

In 2018, the state launched a preferential mortgage program for families who will have a second and/or subsequent child during 2018-2022. Its mechanism of action involves subsidizing the interest rate on the loan for three to eight years (depending on the number of children) at 6% per annum. After the end of the subsidy period, the rate is set at the level of the Bank of Russia key rate in effect on the date of the loan, increased by 2 percentage points.

Military mortgage

Today, our country has a federal program called “Military Mortgage”. Its essence lies in the fact that military personnel taking part in a military mortgage receive a subsidy every year into their special account. The funds accumulated in this account can be used to make a down payment when purchasing a home under the military mortgage program. For example, the following credit organizations participate in mortgage programs for the military: Gazprombank, Svyaz-Bank, Zenit Bank.

Mortgage against maternity capital

After the birth of the second child, the family can count on repaying part of the mortgage debt using funds from maternity capital. At the same time, maternity capital is paid only three years after the birth of the second child. The programs of most banks also provide for the possibility of accounting for maternity (family) capital as a down payment.

Mortgages for young professionals

In addition, there are state regional programs designed for young professionals working in public sectors. Thus, for doctors and teachers, interest rate benefits are provided, as well as special conditions for accumulating down payments. You can find out how to get a government mortgage from your local authorities.

Purchasing housing with a preferential mortgage from AHML, according to realtors, at current prices is available only in 29 new buildings in the capital

According to the Agency for Housing Mortgage Lending (AHML), it is now possible to buy an apartment in Moscow using a social mortgage in 62 complexes under construction (in 141 buildings). However, of this number, less than half (29) of the properties are suitable for beneficiaries in terms of price, realtors note. Another part of the new buildings accredited by AHML belongs to high price segments, which significantly narrows the choice of options for social mortgage borrowers, according to materials from the real estate company Metrium Group. “Approximately half of the properties accredited by AHML are of the expensive class. Their cost amounts to tens of millions of rubles. At the same time, the maximum loan amount in Moscow for a social mortgage is set at 10 million rubles. [in combination with the “Mortgage with state support” option, it is reduced to 8 million rubles]. This means that the beneficiary is asked to contribute 60-70% of the cost of the apartment, which costs a lot of money,” explains managing partner of Metrium Group Maria Litinetskaya.

Who is the social mortgage for? The key mortgage product of AHML, which today can be used to purchase apartments in new urban buildings, is the Social Mortgage: Apartment program. The main conditions declared by the agency for this product: rate from 9.9%, down payment from 10%, loan term up to 30 years. Basic categories of social borrowers: participants of the “Housing for Russian Family” program; employees of military-industrial complex enterprises with at least one year of experience; disabled people and families raising disabled children who registered for the improvement of housing conditions before 01/01/2005.

To a greater extent, for social groups of citizens who intend to buy housing under the AHML social program, according to Metrium Group analysts, new buildings of the mass segments accredited by the agency are suitable, of which they counted 29 in the capital: of which 15 objects are within the old borders of Moscow and 14 - in the annexed territories of Novomoskovsk and Troitsk administrative districts. “You can get a loan to purchase an apartment in these complexes at reduced rates, more favorable than market offers: at a rate of 9.9% per annum or with a 10% down payment,” follows from Metrium Group materials.

Maria Litinetskaya clarified that the client will have to choose one thing - either a small down payment or a low rate. “Despite the fact that AHML declares a social mortgage as a loan with an interest rate of 9.9% per annum and with an initial payment of 10% of the cost of housing, in practice, a combination of these two parameters is impossible,” says the realtor. If the buyer is able to pay only a tenth of the cost of housing, then state support, according to her, will not be available to him, and the rate will be 13.25% per annum.

Residential complex of the mass segment of Moscow with a social mortgage

Name		Minimum apartment area	(million rubles)	9.9% per annum		10% contribution
				Initial payment (thousand roubles.)	Monthly payment (thousand roubles.)	Initial payment (thousand roubles.)	Monthly payment (thousand roubles.)
"Etalon City"
"Varshavskoe, 141"
"Marshala Zakharova, 7"
"Tsaritsyno-2"
Multifunctional complex "Fili Grad"
"River Park"
"Life-Mitinskaya Ecopark"
"City on the Tushino River - 2018"
Chertanovo-Severnoye, microdistrict 7B	Obtaining RVE
"Yauza Park"
"House on Nagatinskaya"
"House on Izumrudnaya"	Obtaining RVE
Multifunctional complex "Vodny"	RVE received
"Life-Mitinskaya"	RVE received
"Vershinino"	RVE received

Residential complex of the mass segment of New Moscow with a social mortgage

Name	RVE	Minimum apartment area	Minimum cost of an apartment (million rubles)	9.9% per annum		10% contribution
				Initial payment (thousand roubles.)	Monthly payment (thousand roubles.)	Initial payment (thousand roubles.)	Monthly payment (thousand roubles.)
"Boriso- Glebskoe"
"Sports Quarter"	1 sq. 20 16
"Prima Park"	Obtaining RVE
"Vnukovo 2016"	4 sq. 20 17
"New star"	2 sq. 20 16
"Novo-Nikolskoye"	Obtaining RVE
"Andersen"	1 sq. 20 16
"First Moscow"	4 sq. 20 19
"Peredelkino Blizhnoe"	3 sq. 20 17
"Butovo Alleys"	Obtaining RVE
"New Vatutinki", Central microdistrict	Obtaining RVE
"New Butovo"	2 sq. 20 16
"Moscow A101"	1 sq. 20 17
"Buninsky"	Obtaining RVE

The most affordable option for buyers who are eligible for social mortgage loans are apartments in the Borisoglebskoye residential complex in TiNAO, where the minimum lot price is 1.9 million rubles, Metrium Group analysts calculated. If a client, when purchasing an apartment in this complex, chooses a rate of 9.9% per annum, then he will need to make a down payment of 380 thousand rubles, and then pay 13.2 thousand rubles on the loan for 30 years. per month. If the borrower chooses a minimum down payment of 10%, then he will need 190 thousand rubles of his own funds, but the monthly payment will be 19.3 thousand rubles.

Within the old borders of the capital, according to the company, the most budget option for purchasing with a social mortgage is living space in the Etalon City residential complex, where prices for apartments start from 3.55 million rubles. At a rate of 9.9%, the borrower will have to immediately pay 710 thousand rubles after completing the transaction. and then pay the bank 24.7 thousand rubles for three decades. per month. Or you can make a down payment of 355 thousand rubles. and pay 36 thousand rubles monthly to pay off the debt.

Tables: "Metrium Group"

Vladimir Mironov

For a large number of people in the CIS countries, the issue of having their own housing is quite acute and open. It does not always happen that a person has his own apartment.

In such cases, a mortgage loan for a home can become a kind of lifesaver, allowing you to purchase your own living space if the entire amount of money required for its purchase is not available.

Over the past ten to fifteen years in the CIS countries, purchasing apartments through a mortgage has become quite common and quite commonplace.

A mortgage provides a cash loan for the purchase of an apartment secured by the apartment itself. According to the agreement, the borrower agrees to make a down payment (usually a third of the cost of housing).

The balance of the share is paid regulated in the amount of the established interest rate. To complete it, you must provide the bank with a number of necessary documents.

These include documents identifying the borrower and confirmation of his official employment. Depending on the situation, the bank may ask for additional documents and certificates.

Today there are a huge number of banks that issue mortgage loans for housing.

In order to facilitate the process of purchasing their own home, Russian banks provide the population with a number of mortgage programs that imply more favorable conditions for debt repayment. Such programs include the social mortgage program.

Social mortgage is a mortgage program that allows you to purchase residential property at a more affordable price on very favorable terms.

This mortgage is provided to certain categories of residents of the Russian Federation and consists of close cooperation between banking organizations and government agencies.

The program consists of reducing the cost of purchased housing using public funds. The total cost of the apartment can be reduced by 4 or more times.

Video on the topic:

Social mortgage may be based on one of the following principles:

• Providing a mortgage for real estate with a reduced interest rate on monthly debt payments. The percentage reduction is due to government subsidies. A smaller and more convenient payment schedule makes the mortgage repayment process more comfortable.

• State subsidies for the payment of part of the cost of housing, which the state pays to the bank. This subsidy also includes part of the interest rate. This form of social mortgage is provided, as a rule, to low-income segments of the population, such as employees of budgetary organizations: teachers, doctors, scientific and cultural workers.

• It is possible to sell secondary apartments with a mortgage at low prices.

There are many types of social mortgage programs designed for different segments of the population, depending on their type of activity and financial situation.

Who is entitled to a social mortgage?

Social mortgage lending exists to facilitate the purchase of a home through benefits that are paid from public funds. Not everyone can count on these benefits.

According to current Russian legislation, people who need to improve their living conditions apply for a social mortgage if their current living conditions are worse than the standards stated by law.

In order to understand whether you can count on a social mortgage, you need to contact local government representatives in order to provide all the information necessary on this issue.

First of all, a person needs to confirm the fact that he needs to improve his living conditions. Those in need include people who do not have their own housing, people whose living space is less than the required 18 square meters per person.

Representatives of budgetary organizations, large families, military personnel, government employees, and people on a waiting list for housing can count on a social mortgage.

It is necessary to have Russian citizenship, registration, and work experience.

There is a list of nuances associated with obtaining the opportunity to obtain a social mortgage:

Do they provide social mortgages in Moscow?

In Moscow, persons eligible to participate in this program can apply for a social mortgage to absolutely any bank.

The lending conditions provided by the capital's banks are very favorable and accessible to representatives of many segments of the population.

The cost of housing in Moscow, according to the terms of social mortgage lending, is reduced from the market price to an amount equal to the cost of the apartment, which makes living space several times cheaper.

Bank conditions

Social mortgages are issued by banking organizations that approve the issuance of mortgage loans for housing to certain individuals.

If the bank’s decision is positive, the mortgage can be provided on the following conditions:

1. loan repayment period up to 30 years;
2. the average interest rate is 12.2% of the cost of housing;
3. for mortgage loan payments varies from 10 to 30 percent of the total cost of the purchased apartment.

The bank offers its own conditions, in many cases they are individual and depend on a number of factors (the financial and social situation of the borrower, the number of children in the family).

Requirements for borrowers

To receive a social mortgage, a program participant is required to meet a number of requirements. Moscow's social mortgage program assumes that the borrower is in the queue for housing.

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Doctors

Social mortgage for doctors implies a number of requirements for medical workers.

These requirements are as follows:

• the need for a medical education diploma;
• the doctor’s age should not exceed 35 years;
• At least one year of work experience in medicine;
• the health worker must need improved living conditions (live in a rented apartment, in an apartment where each family member has less than the required 18 sq. m);
• the need to work for at least five years in medicine in the future.

Teachers

Mortgages provided to young teachers require that they meet certain criteria. The teacher should not be older than thirty years.

A necessary condition for granting a state subsidy is a diploma, confirming teacher qualifications.

An important criterion for the provision of benefits is the fact that the teacher is provided with a mortgage loan for housing.

Work experience must be at least three years.

An important nuance is that to be able to receive a mortgage subsidy, a young teacher must work in a public educational institution.

Scientists

The procedure for providing benefits for the payment of mortgage debt for housing for young scientists is determined by the current legislation of the Russian Federation.

Yes, benefits eligible for candidates of science not older than 35 years, doctors are not older than 40 years. In general, work experience in a scientific institution of the Russian Academy of Sciences must be at least five years.

A young scientist should receive the status of someone in need of improved quality of living conditions.

Which Moscow banks offer the program?

The program operates in all major banks in the capital.

The conditions for issuing a mortgage and the requirements for those wishing to acquire their own apartment vary depending on the banking organization.

The leaders in the country's financial market include the following banks:

1. Sberbank;
2. VTB 24;
3. Raiffeisenbank;
4. Gazprombank;
5. Svyaz-Bank.

This is important to know:

Sberbank

This bank provides its clients with mortgages on very favorable terms. Sberbank has a social mortgage program for budget employees and members of law enforcement agencies, and young families.

The interest rate on the balance of the debt depends on the length of service, length of service, financial situation of the borrower and varies from 10 to 13.5 percent. The amount of the down payment is from 10%. The payment period is up to 30 years.

There are also some requirements for housing.

The apartment must be in satisfactory condition (deterioration of communications by no more than 50%), and the house must not be in emergency condition.

VTB 24

VTB 24 Bank provides social mortgage lending for various segments of the population who are entitled to benefits for the purchase of housing, offering borrowers a lot of programs:

• for the military;
• purchasing a new home;
• issuing loans for an existing apartment;
• for young families and many others.

Interest rate on average is 10%-12%. Down payment – ​​from 10%.

There is a system of reducing the interest rate in accordance with the increase in the area of ​​the apartment.

Raiffeisenbank

This bank has a lot of advantages in issuing social mortgage loans. The interest rate does not depend on changes in the ruble exchange rate.

Loyal system for approving mortgage applications. A fairly fast decision-making process on applications from potential borrowers.

Gazprombank

Provides a loan for an apartment on the following conditions:

1. the minimum monthly interest rate is 11.75%
2. the first payment is equal to a fifth of the cost of the apartment (20%)
3. the amount provided by the bank cannot exceed eight million rubles
4. The loan is issued for 10 years.

Svyaz-bank

Svyaz-Bank clients are also provided with social mortgage lending programs on very favorable terms.

Svyaz Bank provides mortgages for both finished housing and housing in a new building.

The minimum interest rate on a mortgage is from 9.5%, there is a credit limit of up to 30 million rubles, and the loan term is up to 30 years.

How to participate in the program?

If you want to take part in this program in the city of Moscow, the first thing you need to do is go straight to the administration and get a list of documents required when registering the status of a person in need of improved housing conditions.

Procedure for purchasing housing in Moscow using a social mortgage

No less important is being on the waiting list for an apartment.

Having the right to provide benefits contributes to obtaining a social mortgage, helping to fulfill the dream of owning your own home.

Video from an expert