How to get a mortgage from Sberbank in 2021: what you need, conditions, documents

Sberbank offers clients various mortgage programs for the purchase of real estate.

The bank takes into account both the social status of the borrower and his financial capabilities, age, etc. It adapts to each client, so many Russians have already taken the opportunity and obtained a mortgage from this bank.

How to get a mortgage from Sberbank, in what cases can a client be refused, and when can he obtain loan funds?

What can you get a mortgage for at Sberbank?

You can apply for a mortgage loan in 2021 for the following properties:

finished housing - an apartment in a new building or secondary housing;
object under construction - an apartment in an apartment building under construction;
Vacation home;
House;
garage;
parking space.

You can also take out a non-targeted mortgage secured by real estate from Sberbank.

Where does Sberbank provide mortgage loans?

You need to apply for a mortgage in the branch of Sberbank that is located:

at the place of registration of the borrower;
at the location of the property that is being mortgaged;
at the place of accreditation of the employer of the borrower or co-borrower.

Before applying for a mortgage at Sberbank, you need to answer the following questions for yourself:

Is my job stable? What job prospects can I have in the future?
Will I be able to regularly pay the required amount to the bank?
Can I have unexpected expenses? How can I repay the loan then?

If you doubt whether you can repay your mortgage debt on time, first calculate the amount of monthly payments using the online calculator on the official website of Sberbank - www.sberbank.ru.

Having selected the desired mortgage program, you need to click on the “Calculate mortgage” button.

Registration of insurance

Simultaneously with signing the mortgage agreement, the borrower will be required to insure the property in case of damage or loss of property (for example, in case of fire, flood, explosion, etc.). The signing of the insurance contract occurs directly during the transaction. The borrower can choose an insurance company that is a partner of Sberbank, or find an insurer independently.

Important! Life and health insurance of the borrower himself is voluntary. However, in case of refusal, the bank has the right to increase the interest rate by 1% or more. Therefore, as a rule, taking out this type of insurance is more profitable than refusing it.

How to get a mortgage from Sberbank? Step-by-step instruction

To get a mortgage from a bank, a person needs to go through a number of stages. Let's look at the step-by-step process of taking out an apartment on a mortgage:

Step 1. Select a suitable program . Sberbank offers potential borrowers a variety of mortgage programs that differ in terms of lending and the subject of the mortgage. So, you can take out a mortgage for an apartment (on the primary or secondary market), a finished house, a house under construction, country property, a garage, a parking space.

Step 2. Find a suitable mortgage . In addition to the fact that the client chooses a program - for example, he wants to buy an apartment, he can go even deeper - choose a specific type of mortgage. For example, if a young family with two children wants to take out a loan, the bank offers special conditions under the “Mortgage plus mat. capital". The military also has its own conditions and its own program.

Step 3. Collect documents . At this stage, you can enlist the support of a bank employee who is involved in mortgage lending. You can find out from him what documents should be prepared. Usually this is a 2-NDFL certificate, a copy of an employment contract or work record book, education documents, TIN, SNILS, marriage certificate, birth of children, military ID.

Step 4: Apply for a mortgage . Sberbank has an online application service. Although you can go to the department and write a statement locally.

Step 5. Submit a package of documents to the bank . If the bank has approved the application, then it sets a date when the borrower needs to come with documents. Before this, you need to order a real estate appraisal. With a completed apartment assessment report and the necessary package of documents, the client contacts the bank and reports the price that the seller of the apartment wants to receive.

A bank employee analyzes the provided papers and if everything is in order with them, then he sets a day when the client needs to come and conclude a purchase and sale agreement with the seller, insurance for the mortgaged property or for the housing purchased with a mortgage.

Step 6. Draw up an agreement . When the purchase and sale agreement is signed and the money is transferred to the seller, then the borrower will have to register ownership of the home with Rosreestr, obtain insurance, then come back to the bank and draw up a mortgage agreement with a guarantee.

Sberbank mortgage programs

The list of products in the field of housing lending in a financial institution is very extensive. In addition to the main ones, it includes programs for beneficiaries and young families. The general condition is the maximum loan repayment period - 30 years.

The proposals work within the following areas:

Purchasing housing in a newly built house. Interest rate - from 8.9% to 11.5%. If you receive a loan for an apartment from a developer cooperating with Sberbank, the rate starts from 7.4%.
Buying an apartment on the secondary market. Rate - from 8.6% to 10.75%.
Construction of a private house. At a rate of 10% to 12.5%.
Country estate. Rate from 9.5% to 12%.

There is also the possibility of using various subsidies and benefits.

What do you need to get a mortgage from Sberbank? Who can take out a mortgage?

In order for the bank to approve a potential borrower, he must meet certain criteria.

The conditions for taking out a mortgage at Sberbank are as follows:

The borrower's age is at least 21 years old, and at the time of repayment of the mortgage - no more than 75 years old.
Work experience in the last place is not less than 6 months and not less than 12 months in total over the last 5 years.
The borrower must be a citizen of the Russian Federation.
Mandatory involvement of co-borrowers, who must be the spouse of the borrower, as well as other persons.

Until what age can you take out a mortgage for an apartment at Sberbank?

It all depends on the chosen mortgage program, as well as the loan term . If we are talking about a standard program, then the bank specifies that at the time of repayment of the mortgage the borrower must be no more than 75 years old.

For example, if a person is 65 years old, then he can take out an apartment on a mortgage, but only for 10 years, that is, until he reaches the age of 75.

If a mortgage is provided according to two documents (without confirmation of income and employment), then the borrower will need to pay the bank before reaching the age of 60 years. And for a military mortgage, the maximum age of the borrower is no more than 45 years.

To whom is the apartment registered, who owns it?

After signing all the documents, the buyer re-registers ownership of the property. He is the full owner of this apartment. However, you need to remember that immediately after registration of ownership, the housing is secured by the bank.

Because of this, despite the fact that the housing is formally the property of the buyer, he can do practically nothing with it. The bank controls any actions with real estate and for failure to fulfill obligations to Sberbank, penalties may follow or the bank will generally put forward a requirement for early repayment of the loan.

Is it possible to take out a mortgage if you already have a mortgage with Sberbank?

It is possible to take out a second mortgage without paying off the first one at Sberbank, but this is a problematic and lengthy process. Not every bank provides this opportunity to every client.

However, if a person wants to get a second mortgage, then he must meet certain bank criteria:

The borrower must prove his solvency. The client's salary or income must be high so that he can repay both current and previous debts. The bank will consider an application to provide the client with another mortgage only if the client’s minimum payment for each mortgage is no more than 15% of his official salary.
The borrower must not be delinquent on his first mortgage payments. He must have a positive credit history.
It will not be possible to take out a second mortgage without paying at least 70% on the first. The more debt the borrower pays off under the first agreement, the greater the chance he will have of getting a second mortgage.
Mandatory pledge of real estate and its insurance. The bank will not approve an application for a new mortgage if the property that the client puts up as collateral does not cover the amount of debt accumulated under the previous mortgage.

Choosing an apartment or other object

If the bank pre-approves the loan, you can begin to select real estate within the maximum amount, which depends on the borrower’s solvency, his age and other factors. When choosing an apartment, it is important to pay attention to certain requirements that Sberbank imposes:

new buildings can only be purchased from accredited developers;
the secondary house must be built no earlier than 1955 (in the regions) and no earlier than 1970 (in Moscow);
house wear and tear no more than 70%;
the building must stand on a stone, reinforced concrete or concrete foundation;
all windows are glazed;
each room has a stationary heating radiator;
there is a kitchen with ventilation;
cold water supplied;
location of doors and windows - strictly according to the technical passport;
all redevelopments (if any) have been agreed upon and included in the technical passport.

Is it possible to get a mortgage from Sberbank with a bad credit history?

If a client previously took out a loan or mortgage and had problems with payments: there were delays, payments were received by the bank irregularly, then the bank can add him to the database of clients with a bad credit history. And then the chances of getting a mortgage from banks are reduced to zero.

Sberbank may consider a potential borrower for a mortgage even with a bad credit history. The bank will make concessions to the client only if the borrower’s credit history is not seriously damaged, and also if:

the client receives wages on a Sberbank card. In this case, it will be easier for the bank to request the required amount of monthly payment from him. It will simply automatically debit money on a specific date;
the client will take out a mortgage with a down payment of 50% of the cost of housing;
the client wants to take out a mortgage for a small amount. For example, if he wants to buy an apartment on the secondary market, the bank can approve the application. If the client plans to buy a country house or apartment, then the bank may refuse.

If you understand that under such conditions Sberbank will not issue you a second mortgage, then you need to try to correct your credit history - close old loans.

Where to start the procedure for obtaining a home loan?

Initially , you need to analyze your own capabilities to repay the loan .

The next step is to study the Federal Law “On Mortgage (Pledge of Real Estate)” dated July 16, 1998 N 102-FZ (the law has been amended since July 2017). You can do this yourself by downloading the law on the Internet or go to a lawyer for advice and clarification of this law.

Subsequently, the real estate market is studied with the choice of an apartment or house, assessing its value and determining the amount of the missing loan amount.

Reference. On the Sberbank website, using a mortgage calculator, you can calculate the amount of the monthly payment, and then make the final decision on receiving a loan. If the answer is yes, the procedure for completing all the necessary documents begins.

How to get a mortgage for an apartment at Sberbank? What documents are needed?

To apply for a mortgage, the borrower needs to provide the bank with a certain package of documents . The standard set includes the following papers:

application (online or completed by hand);
civil passport of the borrower, as well as all co-borrowers;
SNILS;
TIN;
documents for mortgaged real estate (purchase and sale agreement or other document confirming the fact of ownership of real estate);
documents confirming the borrower’s income - certificate 2-NDFL or according to the Bank’s form;
documents confirming the borrower's employment - a work book or employment contract, a certificate from the place of work about the employee's position and his length of service.

In addition to these documents, the bank may request additional documents depending on the mortgage program:

“Mortgage with state support for families with children” – birth certificate of a child (all children), marriage certificate.
“Mortgage plus maternity capital” – certificate mat. capital, a certificate from the Pension Fund about the balance of money in the account.
“Military mortgage” is a certificate of the right of a participant in the savings-mortgage housing system for military personnel to receive a targeted housing loan.

Stage four: insure the property

Since the apartment remains the bank’s collateral until the mortgage is paid in full, it must be properly insured, and then renewed every year by making the appropriate payments.

If the insurance period has expired and it is not renewed by the borrower, the bank may either require early repayment of the mortgage or set a higher rate on it. As a rule, it increases immediately by 4%, which is very noticeable, especially since insurance costs are usually 1-1.5%, that is, if you lose insurance, you will also have to pay more than with it.

Also, the bank may insist on life or disability insurance for the borrower, but this, unlike insurance of the housing that serves as collateral, is not necessary. However, by refusing it, you can get an increased rate of 1-1.5%.

Is it possible to take a mortgage deferment from Sberbank?

A client can count on a deferment on a mortgage taken out only if he has provided documentary evidence of why he is currently unable to repay the mortgage.

To obtain a deferment, the borrower needs to write a corresponding application to the bank, indicating the reason for the deferment, for example, the birth of a second child.

The bank can approve a deferment only in the following cases:

if the borrower went on maternity leave;
he was drafted into the army;
he lost his job;
his wages are being delayed;
the borrower has lost his breadwinner;
a child was born into his family.

If the bank makes a positive decision on the deferment, then it changes the terms of the mortgage agreement - reduces the amount of the monthly payment, increases the length of the loan term.

In this case, a deferment is provided for a period of up to 1-3 years, depending on the reasons for the client’s insolvency. However, the deferment does not relieve the client from paying interest under the agreement.

Income level

According to Sberbank managers, a trustworthy borrower must officially receive at least 40 thousand rubles monthly - “in white”. If you have part-time jobs or other income levels, you should indicate them in the application form, this significantly increases the chances of a positive answer. Income is documented by a certificate of income for the last six months and a work record book.

In this case, the bank will also take into account the number of dependents and the total household income. There is no need to confirm the salary of other family members, unless they are co-borrowers.

Sberbank loan calculator: for individuals 2020

What should the salary be to take out a mortgage at Sberbank?

No one will give you a specific number . It all depends on the type of property that the borrower plans to take out a mortgage.

If he wants to buy an apartment costing 50 million rubles with a salary of 30 thousand rubles, then his application will not be approved. You need to understand that the cost of mortgage obligations should not exceed 40–50% of his official salary.

Please note that we are talking only about those incomes that are indicated in the 2-NDFL certificate or in the certificate in the Bank’s form . If a person cannot confirm his income (for example, he is not officially employed), then Sberbank will refuse to issue him a mortgage.

If your salary is not enough to take out a mortgage, you can check with a bank employee whether he will take into account the borrower’s additional income: for example, interest on a deposit, the availability of securities, money from renting out an apartment, from part-time work, etc.

Features of a targeted loan

There are a lot of myths circulating among citizens that a targeted loan is something dangerous and by taking out a mortgage, a person voluntarily dooms himself to financial bondage and many additional problems. Indeed, a housing loan will require significant cash outlays, plus payment of interest and some related services, for example, an insurance policy on the property.

However, for most clients, the decisive role in this matter is played by the opportunity to purchase normal living space without having to work for years to accumulate the required amount of funds.

It is worth highlighting the following points:

a loan repayment schedule in accordance with the most suitable program allows the borrower to optimally plan the budget;
a variety of loan products (program for military personnel, young families, a loan for an apartment from a developer or the purchase of real estate on the secondary market, as well as various additional bonuses);
the collateral is the property, so there is no need to search for other options;
the length of the repayment period allows you to buy an apartment at a fairly high price even with an average level of client profit.

Of course, mortgage opportunities are suitable for citizens with a regular income, since this fact guarantees the credit institution the stable fulfillment of a person’s financial obligations. In this case, proof of solvency can be not only a salary certificate, but also arguments about the presence of additional sources of profit, for example, renting out premises or owning securities.

How long do you need to work to get a mortgage from Sberbank?

According to many mortgage programs, the borrower’s work experience to obtain a mortgage must be:

at least 6 months at the last place of work;
at least 1 year within the last 5 years.

However, there is an exception to this rule. So, if a Sberbank client receives a salary on the card of this bank, then only the first rule applies to him - he can take out a mortgage if he works for at least six months at his last job.

The essence of the concept of “mortgage lending”

Generally speaking, a mortgage loan is a type of long-term cash loan, the purpose of which is the purchase of finished or under construction housing. This can be not only an apartment, but also a house, a plot of land, non-residential premises or a building for conducting commercial activities. In this case, the funds are transferred to the individual on collateral, the role of which is played by purchased or already owned real estate. The opportunity to obtain a mortgage is provided by financial institutions, in common parlance, banks.

A special feature of a targeted loan is the publicity of the concluded agreement, or more precisely, the fact that the property serves as collateral. This means that when a transaction is recorded in the registration authority (Rosreestr), a mark will be made about this in the documents and in the database. Any citizen who wishes to obtain an extract about the property will receive a certificate with the relevant information, in particular, that there is an encumbrance on the apartment - a pledge.

It is also necessary to remember that when purchasing a home under a mortgage program, although a person becomes the owner, he does not have the opportunity to dispose of the square meters in full. The right of absolute ownership comes only after repayment of the loan granted to him by the bank, taking into account the amounts accrued in accordance with the interest rate.

Reasons for refusal to issue a mortgage at Sberbank

It will not be possible to find out the reason for the refusal to issue a mortgage. This is confidential information, so bank employees do not disclose it. Therefore, a potential borrower should carefully study all the rules and comply with the necessary conditions in order for his application to be approved.

Most often, Sberbank refuses to issue a mortgage for the purchase of housing for the following reasons:

bad credit history;
inaccurate information in documents submitted to the bank (for example, certificate 2-NDFL is not true);
presence of other outstanding loans;
insufficient income of the borrower;
non-compliance with basic requirements - for example, a person does not fit the age range.

Sberbank offers clients a large number of mortgage programs that are suitable for purchasing a new building, an apartment on the secondary market, a house and even a garage . The bank has developed individual programs for each client. Before taking out a mortgage from Sberbank, you need to read the terms and conditions of its provision.

If the borrower is satisfied with everything, then he sends an application, collects documents, looks for housing, negotiates with the seller, provides real estate documents to the bank, draws up a purchase and sale agreement, registers ownership of the property, arranges insurance and only then signs the mortgage agreement.

If the client has a positive credit history, a stable job with good earnings, and has collateral, then he is more likely to have his mortgage application approved.

If the client cannot confirm his income, has a negative credit history, and has no co-borrowers, then the bank will refuse to issue him a mortgage.

Why can they refuse?

When applying for a mortgage from Sberbank, many are faced with refusal without explanation.

It is not possible to find out why this happened. The law states that the bank is not obliged to report to the applicant for its decision.

The bank does not want to lose its money, and even seemingly insignificant factors can be the reason for refusal.

One of the most important reasons is inadequate solvency.
The buyer's net income must be 3 times or more than the mortgage payment amount. By increasing the down payment on the mortgage, you can reduce the size of subsequent monthly payments and obtain a positive decision from the bank.
The second important reason is a bad credit history, even if it was with other banks. This information is stored in the BKI database for 15 years, and it will not be possible to deceive Sberbank.
The lack of a credit history will also alert the bank, because it will not be able to verify the solvency and discipline of repaying the loan.
Note! Frequent loans raise suspicions that the borrower often has problems with solvency.
Another common reason for refusal is incorrectly completed (with errors) or false documents.
Unpaid traffic police fines, alimony, and various receipts are another reason for refusal. Another compelling argument for refusal is the borrower’s criminal record, even if it was a suspended sentence.
Health problems, a dangerous type of work, or a discrepancy between the position held and the education received may cause Sberbank to refuse a mortgage.
Banks in most cases do not provide loans for rooms in communal apartments and dormitories.

You will find recommendations on how to get approval for a mortgage from Sberbank and what to do if you are rejected in a separate article.