How to correctly fill out and submit an online application for a mortgage at VTB 24: content and documents

The main stages of applying for a mortgage online:

1. Filling out an application form online.1
2. Waiting for a call from a banking specialist to clarify and supplement your personal information.
3. Collection of necessary documents.
4. Transfer of documents to the bank for consideration of your personal data on length of service, salary, etc.
5. Waiting for a response from the mortgage manager about a positive or negative decision from the banking organization.
6. Selection of real estate that meets all technical parameters of the bank.
7. Transfer of real estate documents to the bank for review (after the real estate valuation report is ready)
8. Carrying out a transaction in a banking institution, signing a purchase and sale agreement, in parallel signing a loan agreement (registration of insurance of the object, title and life and health of the borrower, in accordance with Article 31 of the Federal Law “On Mortgage (Pledge of Real Estate)” dated July 16, 1998 N 102-FZ) .
9. Registration by the borrower of a legal document in his or her identity.
10. After the documents confirming that the property has passed into the legal possession of the borrower are ready. Funds are transferred against a receipt for full payment between the buyer and the seller. After these manipulations, the registration of mortgage lending can be considered completed.

Reference! An approved application for a mortgage from VTB 24 Bank is valid for 4 months!

Line of mortgage programs

VTB Bank offers mortgage lending to borrowers of any category.

A mortgage in its broadest sense involves obtaining funds secured by real estate. Such a loan can be used for the purchase of housing or part of it, as well as for the construction of a house, repairs or any other purposes, while the borrower has the right to provide existing or purchased housing as collateral.

As one of the leading banks in the field of housing lending, VTB 24 offers its clients a wide range of mortgage services:

• “New building” – a loan for the purchase of housing under construction or already built, but not registered;
• “Secondary housing” – a loan for purchasing an apartment on the secondary real estate market;
• refinancing – a program for transferring a mortgage loan from a third-party bank on more favorable terms;
• military mortgage – for participants of the military savings-mortgage system (NIS);
• “Secured by real estate” – a large loan for any purpose, issued secured by existing real estate;
• “Pledged real estate” is a program for the purchase of an apartment, house or plot that is pledged to the bank.

Additional options for potential consumers:

• “Victory over formalities” – the opportunity to apply for a housing loan with a minimum of documents by increasing the rate and down payment;
• the use of maternity capital is an option for a young family with two or more children, which allows you to get a mortgage from VTB with virtually no down payment, using a certificate for maternity capital;
• “More meters - lower rate” is a special VTB program that allows you to reduce the loan rate when purchasing an apartment in a new building or in a secondary building with an area of ​​65 square meters or more. m.

Employees of JSC Russian Railways who need to improve their living conditions can receive a corporate subsidy and apply for a mortgage for railway workers at VTB 24 on preferential terms and without a down payment. Details are on the company website www.zdi.ru.

What do you need to do to get approval?

1. Filling out an application form.
2. Waiting for a call from a banking specialist to clarify and supplement your personal information.
3. Collection of necessary documents.
4. Transfer of documents to the bank for consideration of your personal data on length of service, salary, etc.
5. Waiting for a response from the mortgage manager about a positive or negative decision from the banking organization.
6. Selection of real estate that meets all technical parameters of the bank.
7. Transfer of real estate documents to the bank for review (after the real estate valuation report is ready).
8. Carrying out a transaction in a banking institution, signing a purchase and sale agreement, in parallel signing a loan agreement (registration of insurance of the object, title and life and health of the borrower, in accordance with Article 31 of the Federal Law “On Mortgage (Pledge of Real Estate)” dated July 16, 1998 N 102-FZ) .
9. Registration by the borrower of a legal document in his or her identity.
10. After the documents confirming that the property has passed into the legal possession of the borrower are ready. Funds are transferred against a receipt for full payment between the buyer and the seller. After these manipulations, the registration of mortgage lending can be considered completed.

Reference! If you have a bad credit history, then most likely, even if you have “good” other conditions, the bank will still not approve your candidacy!

We wrote more about the reasons for refusal and approval of an application for a mortgage loan at VTB-24 in another article.

Terms and rates

Table: comparison of conditions for bank mortgage programs.

The interest rate on mortgage products is presented in a minimum value, since its final amount is influenced by the following factors:

• client category (salary client, employee of a budget institution);
• provided package of documents;
• insurance conditions.

The available loan amount is calculated based on the borrower’s income. The amount can be increased by attracting co-borrowers (up to 4 people).

It is also permissible to increase the level of trust of the bank with the help of additional collateral - guarantors. The spouse of the acquirer must become a co-borrower or guarantor for the loan, unless a prenuptial agreement was previously concluded between them, releasing one of the parties from debt obligations and rights to real estate.

When applying for a loan under the “Resale Housing”, “New Building” and “Loan Secured by Real Estate” programs, the client transfers the purchased or owned housing to the bank as collateral. To do this, the lender will draw up a mortgage agreement, which will give him the right to dispose of the property in the event of long-term arrears on the loan.

Currently, the practice of drawing up a mortgage agreement or pledge agreement is an alternative to drawing up a mortgage for an apartment. In this regard, the borrower will receive a certificate of ownership marked “encumbered,” which will not allow him to sell, donate, or exchange the property until the debt is fully repaid.

Mortgage calculator

To get an idea of ​​the cost of a mortgage, you can make a calculation using a calculator on the official website of VTB 24. The program determines the interest rate, the size of the monthly payment and the available loan amount based on the client’s income.

Go to the calculator to calculate the amount on the VTB website

The calculator takes into account the following parameters:

• client category;
• the ability to provide documents on income;
• housing costs;
• the amount of the down payment;
• amount of income;
• payment period;
• comfortable monthly payment amount.

Calculate your future loan payment without going to the branch.
To calculate the cost of a mortgage online, just visit the official website of VTB 24 and select the desired home lending program on the appropriate tab. The calculator will appear on the page describing the program conditions.

The mortgage calculator on the VTB 24 website provides a preliminary cost calculation. The program does not take into account the availability of maternity capital or insurance conditions. To obtain an accurate calculation, you should contact a bank branch or the CEC (Mortgage Lending Center).

How long does it take for the application to be processed?

The loan consideration period does not differ depending on the form of application. The following factors may influence it:

• borrower category;
• credit history;
• package of documents;
• workload of the department.

Applications based on two documents are selected most carefully and therefore require more processing time. When contacting the bank, the client bypasses the pre-approval stage if he has the necessary documents.

When submitting an application through the website, employees contact the borrower on the same day, excluding holidays and weekends. The validity period of preliminary approval is 2 months. Final approval after visiting the bank is made within 1-2 days. The maximum period is 5 working days (according to the institution’s work schedule) as certified by the bank.

For payroll clients, the final decision is made within 1-2 days. If the institution’s database contains information about the client’s credit history, then approval is possible as early as the 4th day. The period may extend depending on the workload of the department. According to borrowers, sometimes it takes up to 1 month.

Thus, you can register an application for consideration of a mortgage loan either during a personal visit to the bank or on the official website of the institution. It is necessary to provide personal, passport data, information about income, work, and other property. Depending on the workload of the department and other factors, the review period will range from 1 day to 1 month.

Required documents

The list of documents for obtaining a mortgage at VTB 24 depends on the selected program. To submit a preliminary application on the website or in a branch, a potential borrower only needs to have one document with him - a passport.

To receive a final decision on issuing a loan under standard conditions, you need a full package of documents and certificates:

• passport;
• SNILS;
• a document confirming employment (a copy of the contract, a certified copy of the employment record or an extract from it, a copy of the contract for military personnel);
• document confirming solvency (2-personal income tax, certificate from employer, certificate in bank form, declaration for individual entrepreneurs, salary account statement);
• military ID for men under 27 years of age;
• migration card, visa and residence permit for foreign citizens.

For VTB salary clients, proof of income is not required. When applying for a loan to military personnel who are NIS participants, no records of solvency are kept.

Mortgage under 2 documents

Documents for obtaining a loan under the “Victory over formalities” program:

1. passport;
2. SNILS or INN.

Conditions:

• Mortgage amount from 600,000 rubles. up to 15,000,000 rub. (for regions). For Moscow and St. Petersburg up to RUB 30,000,000.
• The mortgage term is 30 years.
• The interest rate is 13.6% per annum.

With a simplified package of documents, the client can receive a loan only for the purchase of a secondary or new building, as well as refinance a housing loan from another bank.

General conditions for mortgage loans at VTB

Currently, all Russian banks provide mortgage lending programs for the purchase of housing on the basis of commercial relationships, taking into account the solvency capabilities of all clients individually.
Accordingly, a small part of the population can get housing for free. To do this, VTB Bank has provided conditions that allow the use of government subsidy programs to partially repay a loan or reduce the interest rate. In 2021, the state offers the following programs: preferential mortgage at 5% for the second and third child, the “Young Family” program, the use of “Maternity Capital” to partially pay the required loan amount from funds allocated by the state. VTB Bank also has a “Mortgage for the Military” program, under which military personnel can partially or fully repay the loan debt at the expense of NIS funds. If you have already selected a loan option, you can submit a preliminary application online.

Requirements for the borrower

1. Age – from 21 to 65 years at the date of loan repayment.
2. Citizenship and place of registration – without restrictions.
3. Employment and length of service – permanent official employment in the Russian Federation with an experience of at least 6 months, with a total official experience of at least 1 year.
4. Ability to confirm income for the last six months.

VTB also extends the requirements for the borrower to his co-borrowers and guarantors, since these persons will be jointly and severally liable for the loan. However, unlike co-borrowers, guarantors will not have to confirm their salary with a certificate - their income is not taken into account when calculating the available loan amount.

VTB 24 Bank allows you to get a mortgage for both employees and individual entrepreneurs who have been running a business for at least 6 months.

What bank requirements should be taken into account in order to take out a mortgage at VTB24?

The bank is willing to issue mortgage loans to anyone who meets a certain number of requirements.

Let's consider the list of main criteria for a future borrower:

1. The bank lends not only to citizens of the Russian Federation, but also to citizens of other countries employed within the Russian Federation.
2. The loan can be issued if the borrower is already 21 years old. The maximum age at the time of full repayment of the loan should not exceed 65 years for men and 60 years for women (in some cases, 75 years of age is considered).
3. It is necessary to have a continuous three-month work experience in one place during the period of receiving the loan and a total one-year work experience for the last five years.
4. The client's solvency must be confirmed by a stable income sufficient for monthly mortgage payments, that is, the amount of payments to the bank is within 40% of the salary. In cases of mortgage lending, the bank will definitely require a co-borrower or guarantor.
5. A positive credit history is preferred.

Registration of a mortgage

Stages of buying an apartment on credit:

1. Familiarization with the terms and conditions of the bank, collection of documents.
2. Filing an application.
3. Search for housing that meets the bank's requirements.
4. Registration of the transaction: conclusion of a loan agreement, purchase and sale, collateral, insurance.
5. Carrying out mutual settlements.
6. Re-registration of the title deed, transfer of registered agreements to the bank.

If the preparatory stage has already been completed and all documents have been collected, it is time to submit an application. This can be done in two ways.

1. fill out a form on the bank's website.
2. contact the department in person.

You can get advice on the conditions and select a program with the help of a specialist by calling the VTB help desk at 8-800-100-2424. The website also has a function for ordering a call back to the applicant’s number.

Online application

To apply for a mortgage online, you need to visit the bank’s official website and go to the tab with home loan programs. Having selected the one you need, you should open a window with its description and find the “Complete” button at the bottom of the page.

Apply on the official website

The online application form differs depending on the program.

The application form indicates:

• Full name and contact details;
• passport details;
• employment information (employer’s tax identification number, length of employment, income);
• information about the apartment being purchased and the planned loan (amount of down payment, type and cost of housing, convenient repayment period, etc.).

Within three hours after sending the questionnaire, a bank employee will call you back at the phone number indicated in it. The specialist will clarify additional information, and after 2-3 days the bank will notify the applicant of the decision on the application.

The answer will be considered preliminary - then the borrower will still have to go to the branch with a full package of documents.

Contacting the department

The application form to obtain a final decision is completed at the mortgage center, and if there is no center in the locality, at any bank branch. If you have a complete package of documents, the processing time for a mortgage application ranges from 24 hours to 5 days. An application for a mortgage under the “Victory over formalities” program is reviewed within 24 hours.

Find a VTB 24 branch

A positive decision is valid for 4 months. This time is enough to find suitable housing or get acquainted with the offers of other banks.

Property selection

When purchasing a resale apartment, a home appraisal is required.
To quickly and efficiently select an apartment, the bank offers the services of partners: developers and real estate agencies. Cooperation with these companies is carried out on preferential terms, while borrowers have access to an extensive database of objects, and advice from specialists can be obtained at the office of the mortgage center.

Housing assessment is carried out when purchasing real estate on the secondary market, in exceptional cases - when purchasing an apartment in a new building. The result of the assessment determines the amount of the loan provided by the bank, so in this matter you should trust only reliable companies.

At the moment, the bank accepts assessment reports only from accredited partners whose work meets specified quality standards.

Collecting documents regarding the apartment is the seller’s task, since most certificates are provided only to the owner of the property or his official representative by proxy. To speed up the process, you can seek help from real estate specialists.

Making a deal

The procedure for obtaining a home loan consists of signing a purchase and sale agreement and loan documentation, as well as obtaining an insurance policy. At the time of this transaction, all participants must be present at the lender’s office: the seller (if we are talking about a secondary property), the borrower, his guarantors and/or co-borrowers.

The signed documents and the pledge agreement drawn up by the bank are sent to the registration authority. Borrowed funds are transferred to the seller or developer on the same day. Registration of a transaction in Rossreestr lasts from 5 to 7 days.

Having received the registered documents, the buyer submits a notarized copy of the certificate and the pledge agreement to the bank.

A pledge agreement is essentially a mortgage - a security that gives the lender the right to dispose of the pledged object in the event of the borrower’s refusal to fulfill loan obligations.

Mortgage insurance

By signing an insurance contract, you protect yourself and your property from various risks.
An obligatory stage of concluding a transaction is the execution of a comprehensive insurance contract. It includes the following risks:

• life and health insurance of the borrower;
• protection of the apartment from loss or damage;
• title protection (property rights).

When applying for a mortgage at VTB, title and life insurance are not required, but if these risks are excluded, the interest rate increases by 1 point. The borrower can enter into a risk protection agreement only with an insurance company accredited by VTB.

You can view the list of partners at the branch or on the lender’s website. This list includes the bank’s subsidiary, VTB Insurance.

The borrower has the right to independently choose an insurance company. If this company is not on the list of accredited partners, VTB is ready to review its services for compliance with the bank’s requirements and standards.

List of insurance companies-partners of VTB

Instructions for filling out the form at a bank branch

When contacting in person, an employee of the institution will provide the borrower with a special application form in which you need to enter your data. It can be found on the official website in the “Documents” section by clicking on the “Application Form” link. The application consists of 6 sheets, 3 of which are reserved for attachments (information about the loan and additional information).

In the application form for a mortgage loan you must indicate:

• full name of the borrower, date of birth, information about the guarantor (degree of relationship and name);
• how the borrower found out about the VTB mortgage (check one of the suggested items);
• TIN numbers, SNILS, address of actual residence and whether it coincides with the registration address;
• basis for residence at the address (property, commercial or social rent, with relatives);
• contact numbers, including city code (mobile, home, work), as well as email;
• information about marital status and the existence of a marriage contract;
• whether the borrower’s full name and the year of personal data change were changed;
• the number of minor children, their dates of birth, whether they live with their parents;
• information about education (higher, secondary, incomplete higher, special, MBA);
• information about the main place of work, the presence of a probationary period, the form of employment (fixed-term, unlimited, individual entrepreneur);
• position, average monthly income including tax, length of service, name of organization, TIN, address and contact details;
• the scope of the organization’s activities (check one of the boxes), the number of personnel and the period of existence of the organization;
• information about assets, how much cash is available without taking into account the down payment (write amounts);
• do you have a car, what brand, year of purchase and current cost;
• information about other real estate objects, type, its current value and grounds for the emergence of rights;
• whether a bankruptcy procedure was applied, whether there are alimony obligations (indicate the amount of payment).

On sheet 3 you must give consent to the processing of confidential data, read the information, indicate your full name, date and signature. Appendix 1 provides information about the loan:

• purpose (purchase of finished, secondary or under construction housing);
• region of acquisition;
• type of object (apartment, house);
• desired payment period;
• risk insurance.

In Appendix 2, you can provide additional information about your non-main place of work, provide information about other real estate or cars (if any). The more information you provide to the bank, the higher the likelihood of approval.

We do not recommend completing the documents yourself. Save time - contact our lawyers by phone:

8 (800) 302-76-94

Redemption

You can repay a VTB loan in one of several convenient ways:

• at the cash desk of any lender's office;
• through remote servicing services - mobile and online banking;
• through ATMs;
• transfer from accounts and bank cards of other banks;
• in communication shops, in Russian Post branches.

If you want to pay your VTB mortgage through third-party organizations, you should independently calculate the payment amount, taking into account commissions, and also take into account the term for crediting funds.

For the client’s convenience, his salary or debit card can be linked to a credit account - then funds for the mortgage payment will be debited automatically.

Payment at a branch or in the offices of third-party organizations can be made either by the borrower himself or by his authorized representative, provided he has a passport and a loan agreement.

VTB 24 allows early full and partial repayment of a mortgage for any period without fees or penalties. When the loan is partially closed, at the borrower's choice, the payment amount is reduced or the payment schedule is reduced at your choice. Full early repayment can be calculated in VTB Online or at a bank branch.

How can I reduce my mortgage rate or payment?

Bank clients have several options to reduce the financial burden on the family budget, both before completing the transaction and after purchasing a home.

1. Apply for a mortgage loan under the “More meters - lower rate” program.
2. Transfer salary receipts to a VTB card.
3. Use maternity capital to partially repay the loan.
4. Apply for a tax deduction for the purchase of a home or for paying interest on a mortgage loan.
5. Take advantage of the borrower support program from the Mortgage Lending Agency (AHML).

In addition, from September 1, 2021, VTB has the opportunity to reduce the interest rate on mortgages issued earlier. To take advantage of this offer, you must meet several conditions:

• at least 12 payments must be made on the loan;
• the interest rate specified in the contract upon registration is 12% or more;
• According to the agreement, there should be no current overdue payments or closed delinquencies for more than 30 days.

To take part in the program, you must contact the Central Election Commission to fill out an application for a reduction in the interest rate on your existing mortgage. In response, the bank is ready to increase the loan term and reduce its cost to 10%.

To apply for refinancing, you must again order a housing assessment report and pay a fee (6 thousand rubles for residents of the regions, 12 thousand for Moscow and Moscow Region). This program does not allow AHML borrowers, as well as those who have taken out non-targeted mortgage loans, to participate.

At the moment, the mortgage interest rate reduction program from VTB 24 is temporarily unavailable.

Video: Pros and cons of refinancing a mortgage.