Now many banks offer to arrange a mortgage. And since there are a lot of military personnel in our country, there are special programs for them that allow you to profitably purchase housing. You can get a loan for the purchase of real estate in OJSC Svyaz-Bank. The military mortgage in the institution has been provided since 2011.
About the bank
OJSC AKB Svyaz-Bank began operating in 1991. For all this time, a financial institution has had the status of a major lending institution. There are 50 branches in Russia. The main joint-stock company is Vnesheconombank, which is the owner of the shares of the enterprise.
The institution cooperates with enterprises in various sectors of the economy. The main partner is FSUE Russian Post, which has 51 Svyaz-Bank mini-offices. The main activity is:
- servicing individuals and legal entities;
- debt financing;
- international business.
Lending is a priority task that is performed by Svyaz-Bank. Military mortgage is considered a new area of work. The organization issues targeted loans to military personnel, participants of the accumulative-mortgage system. The bank serves small and medium-sized businesses.
Although many troops are provided with housing, some still have to wait a long time. Then banking services come to the rescue. At the bank you can take advantage of a profitable program, as well as choose housing in the right place. The application is considered quickly, after which a decision is made.
Participation in the program
OJSC AKB Svyaz-Bank provides mortgages to army personnel who must participate in the funded mortgage system. Federal State Institution "Rosvoenipoteka" pays funds to military accounts every year.
When 3 years have passed since the start of participation, money can be used to get a mortgage. Participants in this system have the right to spend savings on a down payment, as well as on paying off debt. Monthly payments are also made through government appropriations.
Loan terms
The provision of a military mortgage is possible only on the basis of the following conditions:
- Amount in the range: 400,000 - 2.2 million rubles.
- Rate: 9.5-11.5%.
- Loan period: 3-20 years.
- Security: purchased housing.
- Possibility of early repayment without overpayment.
- No additional fees.
- Property insurance required.
The organization's program allows you to purchase real estate in the primary and secondary market. It is the service of Svyaz-Bank OJSC, a military mortgage, that will help you to profitably buy housing. Reviews confirm this. Most customers have pretty favorable terms. The loan rate is quite affordable. Borrowers can choose the period during which the payment will be made.
Using a calculator
For all clients, the maximum loan amount is set individually. The calculator that performs the online calculation will help determine it. All data must be filled in: loan term, price of real estate, type of housing, purpose of the loan and down payment. After that, you can find out how much will be provided to the client.
Only if everything suits you, can a military mortgage be issued. The amount of the issue depends on the borrower's capabilities (how much money he will be able to deposit monthly). The rate is determined by the amount of the down payment, the characteristics of the housing and the duration of the contract.
The age of the military man who issued the loan should not be higher than 45 years for the period of repayment of the debt. The program applies to all regions where there is Svyaz-Bank. A military mortgage is issued along with insurance. If the client refuses this service, the interest rate rises.
Purchase of real estate under construction
Any housing, primary or secondary, can apply for a loan from Svyaz-Bank. A military mortgage is also provided for the acquisition of real estate, which is under construction. Only these should be accredited new buildings under an equity agreement.
These include LCD "Nekrasovka Park", "Zhulebino" and M-House in Moscow. If we consider housing in the Moscow region, then at the construction stage it can be purchased at Sakramento residential complex, Katyushki microdistrict, and Zhemchuzhina residential complex.
Other cities
You can buy housing on credit in other cities in an institution such as Svyaz-Bank. Military mortgages, reviews of which are almost exclusively positive, are provided in Blagoveshchensk, Kaliningrad, Rostov-on-Don, Krasnodar, Smolensk.
Accredited developers include LLC Lexion Development, GC FGC Leader, LLC Investtrust. If you choose these developers, you can rely on the integrity of the construction company. This is due to the fact that they are all accredited to Svyaz-Bank, which is why customers can be sure of them.
Mortgage Procedure
To find out more about the service, you can contact Svyaz-Bank. Moscow has many branches. There is an office on the street. Tverskoy, house 7, on Warsaw highway, house 37, on the street. Lobachevsky, house 114. At the bank, you can fill out an application. You will also need to provide the employee with the following documents:
- passport of the Russian Federation;
- certificate of NIS participant;
- additional document: SNILS, TIN or driver’s license;
- work book.
When choosing suitable housing, you need to provide a certificate that confirms the property. You will also need a passport for housing, documents about the owners of the apartment. When the housing assessment is completed, the employee must provide its result with permission to sell real estate.
The client must decide if he needs insurance. If approval is received, then documents are required to be signed. In the end, you must transfer the contract to Rosvoenipoteku in Moscow. This is necessary for the transfer of funds. The mortgage is drawn up long enough, because you need to collect a lot of documents. But the procedure itself is not long.
Customer reviews indicate that the conditions of the bank are quite favorable. With this program, the military can purchase suitable housing at a reduced rate. Employees of the institution usually help to select housing in different settlements, and also register the deal as quickly as possible.
Bank services
In addition to providing mortgages, Svyaz-Bank also provides other services. The organization provides brokerage services. The Bank provides online trading, so access to services appears online. The organization performs classic customer service.
The bank can arrange profitable deposits and loans. Customers are also provided with salary projects. Mobile banking, SMS banking is available. Those who wish to become the owner of the car can apply for car insurance. All services, including military mortgages, are provided on reasonable terms.