Mortgages for many families are considered the only option to buy their own home. The transaction process involves several steps. It is important to prepare for them in order to do everything according to the norms of the law. The steps for obtaining a mortgage in Sberbank are almost the same as in other lending institutions.
How is the procedure performed?
Mortgages for primary housing are not too long compared to secondary. You just need to choose a developer who works under the programs of Sberbank. The object of purchase is taken as a pledge, and the funds are transferred for the purchase of housing.
If you buy real estate from previous owners, that is, in the secondary market, then there will be a more complicated mortgage registration at Sberbank. The steps in this case may vary slightly.
Where does the design start?
It is necessary to analyze in detail the programs offered to customers. It is necessary to focus on the requirements put forward to borrowers. Only with compliance will it be possible to go through the stages of mortgage registration at Sberbank.
The requirements include:
- Achievement 21 years, but not more than 55 years on the date of registration.
- State registration at the place of issue of the loan.
- Work experience - at least 1 year over the past 5 years, and at the last position - at least six months.
The remaining banks have the same requirements, but there may be additional conditions. They are usually recognized through the website or from a specialist.
Real Estate Market Research
To go through all the stages of mortgage registration in Sberbank, you must first study the offers of real estate. This will determine the amount of the loan, which will need to be registered in the application.
Information can be obtained through specialized agencies, through the study of publications in newspapers, on Internet sites. When the price of housing is known, it will be possible to evaluate the possibility of paying the first installment with your own funds. For many programs, a down payment of 10-20% is required. The larger this amount, the lower the rate.
Program analysis
It is necessary to choose a program in order to arrange a mortgage at Sberbank. The following steps should be performed only if the loan conditions are completely satisfactory. Sberbank offers 8 mortgage products in the primary and secondary markets. There are programs for young families, military personnel, with state support. You can also use maternity capital money.
The most favorable rate is offered by the “Mortgage with state support” program - 11.9%. According to it, you can buy housing in the primary market from specific developers. The maximum mortgage amount is 8 million rubles for the purchase of real estate in Moscow, the region, and St. Petersburg. In other settlements, the maximum is 3 million rubles.
Take housing in the secondary market will get a loan at a rate of 12.5%. Its size is determined depending on participation in a salary project at Sberbank, down payment, payment time.
Assessment of material capabilities
Before going through all the stages of obtaining a mortgage in Sberbank, you need to evaluate your capabilities. This will help determine whether the financial situation allows you to draw up and repay a loan. You can use the calculator that is on the site.
It is necessary to indicate information on income, expenses, cost of the object, to clarify the period, the amount of the first payment. After calculation, you can find out the size of payments, overpayment. The calculator will give out the maximum loan amount that the borrower can arrange on the basis of his income. Calculations are considered preliminary, therefore more accurate information should be found in the branch of Sberbank. Customer payment should not be higher than 50% of his income.
List of documents
To go through the stages of mortgage registration in Sberbank in a new building, you need to submit an application to the department. Together with her, the following documents are required:
- Copy of the passport.
- INN
- Certificate of registration.
- Proof of income.
- Copy of work book.
- Certificate of marriage.
- Birth certificate of a child.
Other documents may be required. The application is reviewed within 3-5 days. The decision is valid for 60 days.
Property selection
If a positive decision is made, mortgages for secondary housing may be executed. Stages Sberbank expects to perform the same as for primary real estate. With the approval of the application, there will be a known amount that the client should be guided by when choosing an object.
You can search for housing on your own or use the help of realtors. You should rely on the requirements presented by the bank for real estate:
- It should not be emergency, dilapidated or planned for demolition.
- Mandatory presence of communications.
- There should be no illegal redevelopment.
Only then can real estate be issued on credit. The bank offers to select objects from partners, because then the application is most likely to be approved.
Property Documentation
When the property is selected, you must conclude a preliminary contract with the owner. The bank must provide documentation on the object:
- Purchase agreement.
- Registration certificate of housing.
- Extract from the Unified State Register.
- Confirmation of the absence of debt for utility bills.
- Copy of seller’s passport.
- Copy of personal account.
The security service of Sberbank examines the documentation, assesses the risk of a mortgage. Then the housing assessment is carried out. Then a decision is made, a credit procedure is initiated. After that, the following stages of obtaining a mortgage in Sberbank can be performed. When do they call borrowers on DDU? A decision on an application with an agreement on participation in shared construction is communicated after its consideration.
Use of maternity capital
All families after the birth of their second child can receive maternity capital. It is used for maternal retirement, education and home improvement. The stages of obtaining a mortgage in Sberbank for maternity capital are the same as for standard registration. It is only necessary to indicate this in the application, as well as provide evidence of the use of such a right.
With the help of maternity capital, it will be possible to make the first installment of a registered loan. They are used for construction, reconstruction of the house and payment of the price of the purchase agreement. Only then should we wait until the child reaches the age of three. The certificate can be used to pay the main debt and mortgage interest. In this case, you do not need to wait for the child’s three-year anniversary.
To use maternity capital to pay the first installment after receiving a loan agreement, it is important to contact the Pension Fund and file an application for managing the money to pay the mortgage. The application is considered within one month, and two more are spent on transferring funds to the bank.
Sale transaction
When the stages of obtaining a mortgage in Sberbank for housing under construction are passed, a purchase and sale transaction is executed. It will be necessary to carry out the signing of agreements: on renting a cell at the bank, buying and selling, on obtaining a loan from the bank.
When these documents are executed, the calculation is made for the purchased property: the borrower makes the first payment, which is transferred to the seller’s account, or the funds are transferred to the rented bank cell. The bank transfers or issues cash in cash on a mortgage. Money will be available to the seller after drawing up a document of the transfer of real estate, registration and registration by the borrower of the purchased object.
Registration of rights
At the end, the borrower needs to arrange housing for himself. The right of ownership is registered in Rosreestr. As confirmation, a certificate for the purchased property is issued. Then you need to draw up an agreement on personal insurance, as well as on collateral insurance.
After this, the transaction is considered to be fully completed. Housing becomes the property of the borrower. Making a mortgage allows you to get your own housing for those who do not have the opportunity to purchase it immediately at full cost. It remains only to make timely payments for it.