Preferential mortgage programs
The state finances several preferential mortgage programs for different categories of borrowers. In this article we will talk about the three most popular programs that operate in 2021-2022.
Mortgage at 7%
Available to : any citizens of the Russian Federation who want to buy an apartment in a new building. Rate : up to 7% per annum for the entire loan term. It may be increased if the borrower does not insure life, health and real estate.
Validity : until July 1, 2022. In which regions it is valid : throughout the country. Maximum loan amount : 3 million rubles. Can it be used for refinancing : no. Which banks issue : all large and most small banks, for example, Sberbank, VTB, Alfa Bank and Sovcombank.
Rural mortgage
Available to : any citizens of the Russian Federation who want to buy real estate in rural areas. Rate : from 0.1 to 3% per annum Validity period : until 2025. In which regions is it valid : throughout the country, except for the cities and municipalities of St. Petersburg, Moscow and the Moscow region. But only in rural areas, for example, in a workers’ village, urban settlement or small town, up to 30 thousand people. Maximum loan amount : 3 million rubles. For the Far East, Leningrad Region and Yamalo-Nenets Autonomous Okrug, the amount is higher - 5 million rubles. Can it be used for refinancing : no. Features : Can only be obtained once in a lifetime. Which banks issue : nine banks participate in the program, for example, Rosselkhozbank, Sberbank, CB Center-Invest and Ak Bars Bank.
Regulations and procedure for obtaining
The sphere is regulated by regional and federal laws, decrees of the Government of St. Petersburg, a full list of which can be found on the website of the Housing Committee of St. Petersburg. First of all, you should rely on:
- Law of St. Petersburg No. 315-45 “On the target program of St. Petersburg “Youth - affordable housing”;
- Decree of the Government of the Russian Federation No. 1050 “On the federal target program “Housing” for 2015-2020”;
- Law of St. Petersburg No. 513-101 “On the target program of St. Petersburg “Resettlement of communal apartments in St. Petersburg”;
- Decree of the Government of St. Petersburg No. 312 “On the procedure and conditions for providing citizens with free subsidies for the purchase or construction of residential premises” and so on.
Mortgage rate 6% for families: how to secure government support?
Who can apply for mortgage benefits from the state and how to get them? We talk in detail about the program in a new material. The final amount of the subsidy that a participant can qualify for will be approved only after all calculations have been made, taking into account individual parameters. You can make a preliminary calculation yourself on the website of the St. Petersburg Center for Affordable Housing.
Reception for registration as those in need is conducted at any housing department of the district administration.
You can contact us at your place of residence or registration. In order to apply for participation, you must contact any MFC (“Multifunctional Center for the Provision of State and Municipal Services”). They will tell you where it is better to go for the question of interest: to the St. Petersburg “Gorzhilobmen” on Bronnitskaya, 32 or the “St. Petersburg Center for Affordable Housing” on the Moika embankment, 58, building 3.
State support for young families
The following are considered young:
- Two-parent families with or without children, in which one of the spouses is under 35 years of age.
- Single-parent families, such as mother and child families, in which the parent is under 35 years of age.
There are several government support programs for such families: some operate throughout the country, others only in certain regions. We recommend starting your search for a suitable program from the websites of your local administration. If there are no suitable programs in your region, look into federal ones.
Departmental target program
The essence of the support : a free payment in the amount of 30-35% of the estimated cost of the apartment. Who can receive : a young family that is recognized as needy. Also, before receiving the payment, you need to prove that you have the funds to purchase the chosen home or you can take out a mortgage. Features : it doesn’t matter how much the apartment you want to buy costs: the payment amount is calculated according to the standards. First, they find out how many square meters the family is entitled to. So, two spouses or a parent with a child are entitled to 42 sq.m., and families of three or more people are entitled to 18 sq.m. m for each. Afterwards, the number of square meters required is multiplied by the standard cost of 1 sq. m in your region.
For example, the standard cost of one square meter in Moscow is 115,151 rubles. If there are two parents and two children in a family, they are entitled to 72 square meters. m. Then the standard cost of the housing they are entitled to is 8,290,872 rubles. And the amount of social benefits is 35% of this amount - 2,901,805 rubles.
Maternal capital
The essence of support : targeted payment at the birth or adoption of a child. 483 thousand rubles for the first child and 639 thousand rubles for the second and subsequent ones. Such a payment for the second and subsequent child will only be provided if you did not receive maternity capital for the first.
Who can receive : the father or mother of the child, as well as an orphan child under 18 years old who was born after 2007.
Features : Matkapital can be used to purchase an apartment or house, as well as to build a house. Funds cannot be spent on purchasing housing abroad, dilapidated or dilapidated housing, as well as non-residential premises, including apartments. You also cannot buy a share in an apartment or house. An exception is if this is a separate room or share in existing housing.
After the purchase, you need to allocate shares for each family member who is indicated in the certificate for maternal capital.
Young families can also take advantage of other programs, for example, mortgage restructuring, which we will discuss below.
Mortgage restructuring with government help
The essence of the support : the state repays part of the borrower’s loan so that he can change the terms of the mortgage, for example, choose a different currency, reduce the payment amount, increase the loan term or receive a “credit holiday”.
Who can receive:
- parents of children under 18 years of age;
- parents of children aged 18 to 24 who are full-time students at universities;
- disabled people and parents of children with disabilities;
- young families;
- combat veterans.
In this case, you need to prove that you cannot pay the mortgage under current conditions, for example:
- after paying the mortgage payment, each family member remains less than two subsistence minimums in the region;
- the monthly payment from the date of receiving the mortgage has increased by more than 30%.
There are also requirements for mortgage housing. The property must be your only home and be located in Russia. A one-room apartment should be less than 45 square meters. m, two-room - less than 65 sq. m, and a three-room apartment is less than 85 sq. m. m.
State support for public sector employees
Social mortgage for state employees
The essence of the program : the buyer can choose the type of assistance that suits him:
- receive up to 15% of the cost of the purchased apartment once;
- receive annual mortgage interest compensation;
- buy housing from the state on special terms.
Who can receive : employees of budgetary organizations who need their own housing, for example:
- live in one apartment with several families;
- have their own housing, in which each person has less than 14 square meters. m;
- live in a communal apartment;
- do not have their own home.
Features : the program is not valid in all regions. Some fields may only attract certain specialists, such as doctors, teachers or young scientists.
If you take out a mortgage on your home, you must work in government agencies for the entire term of the loan. You can quit, but the new place of work must also be a budget organization.
State support for the military
Savings and mortgage system
The essence of the program : for military personnel who use the Savings and Mortgage System (SMS), the state transfers payments to a special account. Funds in this account are invested to offset inflation and increase savings. The payment amount is the same for all ranks and changes annually. In 2021, the military receives about 300 thousand rubles per year.
Three years after beginning participation in the program, the service member may decide to:
- continue saving;
- buy housing with accumulated funds;
- use the funds as a down payment on a mortgage.
If a serviceman has not used NIS funds for 20 years, he will be paid the full amount. You can spend this money for any purpose.
Who can receive : everyone who entered into a contract after 2005. Some military personnel are required to participate in the program, while others, such as some soldiers, may refuse.
Military mortgage
The essence of the program : Mortgage payments are paid not by the borrower, but by the state. Funds from NIS are used for this. If the amount of the monthly payment is greater than the state payments, the remaining funds are used for early repayment of the mortgage.
Features : If a military man serves for less than 20 years, he must return the funds he received from the state. The debt can be repaid in installments over 10 years. If a military personnel is laid off or forced to resign due to family reasons or poor health, the funds will not have to be returned.
450 thousand rubles for large families
The essence of the program : the state pays 450 thousand rubles so that large families can fully or partially repay their mortgage. If the amount of debt is less than 450 thousand, the payment amount will be reduced.
Who can receive : families in which a third and subsequent child was born after January 1, 2021. In this case, the age of older children is not important.
Features : the payment can be received only once and used only to pay off the mortgage. If you used a consumer loan to purchase a home, you will not be able to participate in the program.
Housing certificates
The essence of the program : the state provides subsidies for the purchase of housing to certain categories of citizens. To do this, they issue personalized housing certificates.
Who can receive : beneficiaries and those who need improved housing conditions. Thus, those in need can be recognized as
- who do not have their own home;
- those whose housing area is less than the established standards;
- who lives in a dilapidated house;
- who lives with a seriously ill family member.
How is the payment amount calculated : there is no specific amount - it depends on the standard cost of housing in the region and the number of family members who will live in the apartment. So, according to the standards, one person is entitled to 33 square meters. m, two - 42 sq. m, and a family of three or more people - 18 sq. m for each.
The number of square meters a family is entitled to is multiplied by the standard cost of one meter in your region.
Features: the certificate is valid for seven months. If during this time you did not manage to find an apartment, you will have to apply for it again. The money can only be spent on purchasing a home—the certificate cannot be cashed out, gifted, or inherited.
When is money transferred to pay for housing and communal services?
Since payment for housing and communal services must occur no later than certain days, beneficiaries are interested in when the payment is transferred. There is no specific date provided for by current legislation. This is due to the fact that budget revenues to social security agencies occur on different dates.
Typically, funds are transferred to the recipients' account between the 15th and 25th of each month. Before this period, money cannot be transferred, since the citizen is obliged to pay the receipts first, after which the money spent will be compensated. After the 25th, funds will not be transferred. This is due to the fact that the money must arrive in the current month.
If a citizen does not pay receipts within 2 months, then subsidies stop accruing automatically.
How to get subsidies from the state
You can select a suitable support program on the local administration website. Most regions have their own support programs, but you can also use one of the federal programs.
Once you have decided on the program, contact your local administration or MFC. You will be asked to prepare a package of documents. Most often requested:
- passport of the applicant and his family members;
- an extract from the house register;
- bank statement or income certificate;
- a copy of the work book;
- a document confirming the right to the benefit;
- a document that confirms the ownership of housing or a social tenancy agreement;
- a document that confirms the right to additional space.
It is advisable to make several copies of all documents.
If the administration decides that you are entitled to a subsidy, you will be put on a waiting list for improved housing conditions. When your turn comes - sometimes this happens after several years - the State Property Department will notify you and issue a certificate of subsidy.
What to do if there is no payment
If the money has not been credited to the account, then before taking any action, you need to find out the reason for the lack of funding. Reasons for non-payment of subsidies:
- expiration of the period for allocating preferences without re-submitting documents for subsidies;
- no payment for utilities for 2 months;
- blocking a card, bank account;
- error of social protection authorities;
- technical failure at the bank.
To find out the reason for the lack of funds received, you need to call the social security authorities. If the money was not credited due to the fault of the organization’s employees, the situation will be corrected and the transfer will be completed next month, providing a subsidy immediately for 2 months. If you have problems with your bank account, contact your financial institution. As a last resort, the problem is resolved through the courts.
