Is it possible to take out a mortgage in another city without registration in your passport?

The presence of residence permit, or, in official terminology, registration, is an indicator of the stability of the mortgage applicant’s position. Registration is both proof of permanent residence and, partly, regularity of income, because it is impossible to obtain an official permanent job without registration.

And yet, situations are different: someone wants to buy an apartment in the federal center, being registered in another region of the Russian Federation, while others still only have temporary registration. The availability of mortgages in these cases is the topic of the proposed discussion.

What requirements do banks impose on potential borrowers?

A comparison of the basic requirements for debtors in different banks shows: financial and credit organizations consider it mandatory for the applicant to register in the Russian Federation. The most general criteria that a borrower must meet are the same:

• Russian citizenship;
• Registration in the Russian Federation;
• Compliance with the age limits set by the bank - usually at least 21 years old at the time of taking out the loan and no more than 65 years old at the time of repayment;
• Permanent employment – ​​3-6 months at the last job;
• Total experience of at least 1 year over the last five years;
• Confirmed stable income sufficient to take out a mortgage (monthly payment does not exceed 40-50% of its total amount);
• Good credit history.

Registration in the Russian Federation is one of the significant criteria for any bank in Russia.

The concept of temporary registration

Every citizen must be registered in our country. It may be permanent or temporary. The last type means that the person does not live there all the time, his stay is limited in the place in question.

Temporary registration is completed at the offices of the Federal Migration Service. This organization issues a corresponding certificate to the registered person. It indicates the registration period. After its expiration, the document becomes irrelevant.

The type of registration in question is possible when residing in the territory:

1. Hotels, hotels and the like.
2. Rented apartment or house and so on.
3. Sanatorium, holiday homes.
4. Medical institutions.
5. Camping sites.
6. Residential real estate objects when living in them temporarily on a free or other basis.

When receiving temporary registration, there is no need to deregister at your permanent place of residence. The corresponding mark in the passport is saved.

If a person actually lives in one place, but is registered in another, he is breaking the law. Punishment for such actions follows in the form of a fine in the amount of 1.5 to 2.5 thousand rubles.

Sources

1. Conformity assessment methods No. 9 2012; Standards and quality - M., 2012. - 693 p.
2. Land Law of Russia / ed. V.V. Petrov. - M.: Stoglav, 1995. - 300 p.
3. Tatyana Yuryevna Sidorova Diplomatic and consular law. Tutorial; Prospect - M., 1998. - 268 p.
4. Civil law. Volume 2. Textbook for bachelors / Team of authors. - M.: Prospekt, 1978. - 824 p.
5. Housing Code of the Russian Federation with comments. Text with changes and additions as of June 15, 2012; Gostekhizdat - Moscow, 2012. - 594 p.

Is it possible for borrowers without registration to get a mortgage?

A mortgage applicant should understand that the latter implies a loan for a large amount (often several million rubles), for a long period (up to 30 years) and with mandatory collateral in the form of collateral housing.

Bank employees must be confident that if the borrower fails to repay the loan, it will be possible to find and apply measures to return the loaned money. If the borrower is not registered, the bank will not always be able to:

1. Check his income level;
2. Accept collateral from him;
3. Contact him at your place of residence with a demand to repay the debt.

Under such conditions, the bank will not even pre-approve a mortgage application, let alone issue a loan.

A completely different matter is the situation when the applicant is registered in Russia, but the nature of the registration does not fully meet the bank’s criteria. In these cases, taking out a mortgage with some reservations is still possible.

Choosing a bank and lending program

To get a mortgage loan on favorable terms, you need to decide on a banking program that suits your needs. Registration conditions depend on what kind of property is being purchased.

Separate mortgage programs with special lending conditions are provided for military personnel (military mortgage). Also, many banks offer a simplified loan option - a mortgage under two or even one document. To apply for it, you do not need to confirm your income and employment, but the down payment amount must be at least 50%.

When choosing a banking institution, pay attention to the following recommendations:

• Study the conditions of the bank that issued your salary card. As a rule, cardholders are provided with certain privileges in obtaining a mortgage.
• If you are purchasing housing from a developer, check with him which banks he cooperates with. Construction companies and lenders often launch joint promotions, thanks to which you can purchase an apartment with a mortgage on preferential terms.
• Evaluate the bank in terms of the convenience of loan repayment (including early repayment) and the availability of remote services (Internet banking, mobile application).

Why is it more difficult to get a mortgage without registration than with registration?

For the bank, the optimal situation is when the applicant has a residence permit in the same region where he plans to buy housing with a mortgage. In the official requirements imposed on the borrower by banks, there is usually no such clause, but it is still implied.

If other input data is equal, the bank is more likely to approve an application for an applicant registered in the same region where he will buy real estate than for an applicant applying for a mortgage in another locality.

Some banks provide detailed information about the conditions for registering a potential borrower. But this usually applies to financial and credit organizations at the regional level. Thus, Kuban Credit Bank, operating in the Rostov region and Krasnodar Territory, directly states the mandatory registration of clients, individual entrepreneurs, in the regions where it has branches.

However, in reality, not every potential borrower lives, works and applies for a mortgage in the same region. Other options are also possible:

1. The borrower is registered in one city, but works in another and applies for a mortgage at the place of work;
2. The borrower is registered and lives in one place, works in another, and applies for a mortgage in a third.

Since there are no monopolists in the provision of mortgage services, Russian banks operate in a competitive environment. But mortgages are a popular banking service: many Russians are the only way to buy a home or improve their existing living conditions.

Banks, forced to take into account modern realities, including difficult situations with registration, at the same time can be selective in approaching potential borrowers.

Conditions of other banks

Let's consider the general terms of lending from other banking institutions.

Terms from Tinkoff:

• The client must make a down payment in excess of 10% of the value of the property.
• It is allowed to attract co-borrowers on the mortgage, which can be relatives.

Uralsib conditions:

• The bank requires clients to provide a certificate indicating temporary registration. It is worth noting that such registration must be in the locality where the bank’s office is located.
• The loan can be obtained for a period from 3 to 25 years with an overpayment of 14% per annum.
• The loan amount can be no higher than 70% of the price of the purchased apartment.

Important! When applying for a mortgage in Uralsib, the client must provide the property he owns as collateral.

UniCredit Bank will require the borrower to:

• permanent workplace;
• salary certificate in form 2-NDFL;
• the presence of a guarantee (the borrower's relatives cannot act in this role).

Clients can get a mortgage from Absolut Bank under the following conditions:

• Possibility of applying for any mortgage program.
• If the conditions for obtaining a mortgage for the purchase of secondary real estate are met, the lender is ready to issue an amount from 300,000 to 20,000,000 rubles at 9% per annum.
• The down payment must be at least 20% of the cost of the apartment.
• Availability of co-borrowers. A mandatory requirement is to issue an insurance contract for the property for the duration of the mortgage agreement.

Specifics of a mortgage issued without registration

First of all, it is worth understanding the terminology and understanding the differences between permanent and temporary registration. They are displayed in the table.

Look at the same topic: How to get a mortgage from Zapsibkombank in [y] year? Loan terms and mortgage interest rates

To obtain a mortgage on convenient terms, it is desirable that the applicant be registered, permanently or temporarily, where he takes out the mortgage. Mortgage conditions in the absence of registration in the region where the home was purchased is a question, the answer to which is sought on the bank’s website among the information in small print.

A study of the terms of the mortgage will show that the absence of such registration threatens:

• Reducing the loan term;
• Increasing the down payment from 20-25% to 50%;
• An increase in interest rates;
• Imposing comprehensive insurance - in addition to compulsory home insurance regulated by the Law “On Mortgage”, the borrower will have to take out title and personal insurance.

If there is no registration

This is an unlikely situation in which taking out a mortgage is not possible: the applicant must have permanent or temporary registration. Lack of registration is a direct violation of the law, which, according to Article 19.15.1 of the Code of Administrative Offenses of the Russian Federation, is punishable by a fine.

Lack of temporary registration threatens a fine not only for a person living without registration in a given region, but also for the owner of the rental property. By refusing to register a temporary tenant, the property owner does this in order to avoid paying taxes on the rental of residential premises, that is, he violates the law.

The bank, for its part, must be sure that in the event of non-payment of the loan, the borrower will be found. Therefore, registration of the borrower: a stamp in the passport or a certificate of temporary registration is mandatory.

If permanent registration is issued in another city

If a borrower wants to take out a mortgage, having permanent registration in another city, he must be prepared for the fact that small banks will refuse to approve his application, although with a certain degree of probability they will consider large financial organizations and banking associations. Having temporary registration in the region where you plan to take out a mortgage will greatly simplify the task.

However, the very fact of having a permanent residence permit speaks in favor of the borrower. In case of late payments, the bank can easily notify him of the fines and penalties imposed on him, and in case of termination of loan payments, find him.

If there is temporary registration

In this case, the chance of getting a mortgage loan is quite high. Mortgage conditions will be stricter than standard. The applicant will need to carefully study them, consult with bank employees and evaluate how much such a mortgage will justify the money spent on it.

If the applicant comes to the conclusion that it is advisable to take out a loan in the region of temporary residence, his next step will be to convince the bank of his financial solvency and integrity.

The mortgage will be approved if the borrower has the same region of work and temporary residence. In this case, the bank can check information about the potential counterparty with its employer.

How to buy an apartment with a mortgage in another city through Sberbank

Let’s consider Sber’s scheme, because it offers the most convenient remote purchasing algorithm. In addition, he works with all government programs, offers favorable mortgage rates, and is a salary client of many citizens. It also has its own mortgage centers in all cities of the country.

So, a resident of Perm decided to buy an apartment in Moscow (we are considering a new building). Sberbank offers the following algorithm of actions:

1. Register on the DomClick website, which is an online platform for mortgage borrowers. After registration, choose Moscow and study the offers of properties - all of them can be purchased with a mortgage through Sberbank.
2. Start filling out the mortgage application form. First, the client confirms his identity through Sberbank Online, State Services or by uploading a passport photo. Then he proceeds to fill out the form.
3. Fill out the borrower form and provide information about yourself. Afterwards, the client uploads all the necessary documents to his personal account. Employment can be confirmed through State Services or an extract from the Pension Fund of Russia, as well as an electronic work record or a photo of a regular work record.
4. You submit an application for consideration, and a representative of Sberbank immediately calls you, to whom you can ask all questions about obtaining a long-distance mortgage. The bank makes a decision within 2-4 days. If approved, visit the office and sign the documents.
5. If the bank has made a positive decision, you go back to your personal account, select an apartment on the DomClick website and submit it for review. Sber checks legal purity.
6. If the object is approved, an expert assessment is also carried out remotely. Since this is a partner developer, he will already send the documents for the property to the bank in Moscow.
7. To complete the mortgage process remotely, you need to use Sberbank’s “Electronic registration of property rights” service, which costs 7,900-10,900 rubles. The bank takes care of all paperwork and transfer of papers to Rosreestr.

As part of the same service, the borrower receives an electronic signature, which can be used to sign all documents remotely. After registering the purchase and sale and mortgage with Rosreestr, the buyer receives an extract from the Unified State Register of Real Estate and the purchase and sale agreement to the buyer’s email. The documents will also be certified by an enhanced qualified signature of the government agency.

As a result, a buyer from Perm buys an apartment in Moscow, visiting a bank branch in his hometown just once - to sign a loan agreement. Then, at a convenient time, he comes to Moscow and resolves personal issues with the purchased property, receives the keys from the developer (if the property has already been completed).

If it is not delivered, the person calmly waits for the completion of construction. Then the registration of the transaction in Rosreestr will occur later, when the house is put into operation. And now you can monitor the progress of construction using cameras that are located at all construction sites.

So, if we consider whether it is possible to get a mortgage in another city, then this is very possible. If you buy a new property, you don’t have to leave the city at all. But not all Russian banks offer such a service.

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How to Avoid Rejection and Increase Your Chances of Getting a Mortgage Loan

A potential borrower has several options to increase their chances of getting a mortgage.

• Contact a large financial and credit organization with branches in many cities of Russia. Even if the applicant wants to take out a mortgage in a place other than where he lives or works, the chance of getting approval for it will remain high. IT technologies allow bank branches to communicate with each other, and a single database allows one to find information about the client of any branch of a financial credit organization.
• Contact a bank that works with Russians remotely. Banks like Tinkoff have practically no offices, and for them the question in which locality the borrower plans to buy real estate does not matter.
• Taking out a mortgage on a finished home: when purchasing it, the borrower, by law, must immediately register ownership of it. Since this housing has already been rebuilt, the borrower registers it as collateral. In case of non-payment of the debt, the housing will go to the bank. When taking out a mortgage on housing under construction under a sales and purchase agreement (SSA), issued to a borrower without registration, the bank risks losing money and not receiving collateral in return.
• Provide the bank with a rental agreement for an apartment in the region where you plan to apply for a mortgage (if the owner of the rented property refuses temporary registration).
• Provide the financial institution with a copy of the agreement on the applicant’s transfer to a new place of work in the region where the bank operates.
• Find co-borrowers or guarantors and note this fact in the applicant’s application form. Co-borrowers and guarantors are one of the forms of securing a mortgage loan. The presence of co-borrowers who bear joint liability with the borrower is also proof of the financial solvency of the bank’s loan counterparties.
• Meet the other requirements of the bank: have sufficient and documented income to obtain a mortgage, have assets (real estate, car, deposit accounts).
• Apply for a mortgage in the bank through which the salary is transferred or in which the applicant previously opened an account for a large amount. This will indicate the financial solvency and stability of the applicant’s income.

See this same topic: What is an apartment mortgage?

The importance of registration for a bank when applying for a mortgage

Each bank sets its own rules for clients wishing to apply for a mortgage loan. One of the key conditions is the presence of registration on the territory of the Russian Federation. In this way, the banking organization tries to protect itself from possible non-repayment of the loan by the borrower.

Typically, the amount of mortgage lending reaches several millions, and the bank risks incurring significant losses. In case of non-payment of the loan, it is easier to find the debtor at the place of registration and take measures to repay the debt. All this explains why banks limit the issuance of mortgages for certain categories of citizens.

At the same time, almost all financial institutions are commercial, so it is beneficial for bankers that funds are in circulation and bring a stable profit, and do not lie in the account as a “dead weight”. For this reason, banks often accommodate applicants with temporary registration by approving a mortgage.

If the organization’s requirements state that it is allowed to issue a loan for the purchase of real estate for Russians or foreign citizens with non-permanent registration, most likely the applicant’s application will be resolved positively if he meets other requirements.

Non-targeted loan for housing

If you are denied a mortgage without registration in the required region, you can apply for a non-targeted loan. The loan application and accompanying documents are certainly checked by bank employees. However, the requirements for consumer loan borrowers are less stringent than for mortgage counterparties.

Regarding registration, the basic rule applies here: a citizen must have it, being registered in any region of Russia. When receiving a high income, the client can prove it by providing the bank with a 2-NDFL certificate or using a bank form.

By providing the bank with as much information as possible about his financial status, the borrower will be able to obtain a non-targeted consumer loan for a significant amount.

Where to apply for registration

After purchasing a new home with a mortgage or settling in real estate, you need to write a corresponding application, attach to it a complete list of necessary documents and send this entire package of papers to the migration service office located at the new place of residence. This body carries out registration of both temporary and permanent registration.

If desired, all documents can be submitted to a multifunctional center located at the place of stay or residence, but it must be taken into account that today not in every locality such centers provide such services, and therefore it is better to contact this institution in advance and clarify the possibility of registration.

Do not forget that the need for registration provides for certain deadlines for carrying out this procedure, and corresponding administrative sanctions are established for their violation. At the same time, in addition to the imposition of sanctions, a citizen may also have other difficulties associated with employment, registration at a clinic and a number of other operations.

List of banks loyal to job seekers

A number of financial and credit organizations are quite lax towards clients who want to take out a mortgage in a location other than their official place of residence.

These are large banks with an extensive network of branches and operational offices:

• Alfa Bank;
• VTB;
• Promsvyazbank;
• Rosbank;
• Rosselkhozbank;
• Sberbank;
• SvyazBank;
• UralSib;
• FC Otkritie.

Lending conditions in the absence of permanent registration in the region of purchasing a home with a mortgage should be viewed on bank websites and clarified through customer support. Some of the listed banks directly require a copy of the certificate of temporary registration (like FC Otkritie); in other financial and credit organizations, information about the obligation to provide the document must be further clarified.

A mortgage without registration is in principle impossible: the bank will conclude that such a client is unreliable and refuses the loan. However, obtaining a housing loan in the absence of permanent registration in the place where the lender is present is possible. It is optimal to provide a certificate of temporary registration and other documents proving that the client is committed to a long-term, and in the future permanent stay in this region.

Possible problems

In fact, bankers are reluctant to issue loans to individuals registered in other areas. And due to the fact that the mortgage is long-term, anything can happen in 10-30 years. Borrowers with “foreign” registration in their passports bear additional risks, and the reason is as follows:

• It is difficult to verify receipt of income when a person is registered outside the region where the loan was received. This is especially true for those who work in small companies, where most of the income is “in the envelope.” It is very difficult for the verification department to check the salary level.

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• Even before signing an agreement, bankers are thinking through options for non-payment on the part of the borrower, which means that it will be more difficult to find a person from another area.
• The mortgage transaction involves additional risks, since this level of client automatically falls into the “unreliable” category.

Although the last point cannot be called decisive for all lenders, loans with such parameters are still rarer than the rule.