Social mortgage for low-income families. Social mortgage for the poor Is it possible to get a mortgage for a poor family

Social mortgage for low-income families, as one of the types of state support, is designed to help low-income citizens to acquire decent housing. As such, there is no banking product that finances the purchase of an apartment for this category of people. However, a low-income family can take part in one of the real estate acquisition programs on favorable terms.

In a broad sense, a social mortgage is a housing loan issued by a banking organization on favorable terms and under a guarantee from the state. In this case, we are talking about the cooperation of the direct borrower in the form of a poor family, the state and a financial institution.

But it should be understood that there is no specific banking product for this category of families. In this case, we are talking about several projects, within the framework of one of which citizens with low incomes can take advantage of support from the state and receive a loan on the most beneficial terms for them.

In particular, 3 options are offered:

• the issuance of a certain amount of funds aimed at repaying part of the mortgage loan;
• payment of interest on a housing loan from the country's budget within a specified time period;
• obtaining a loan on favorable terms, in particular, at a reduced interest rate.

The solution of many issues under the social mortgage program rests on the shoulders of the regional authorities. This applies both to the choice of the project for its implementation in a particular locality, and the conditions for its implementation.

According to Federal Law No. 178-FZ, families and citizens recognized as poor have the right to all kinds of state support. Such a family is understood as a cell of society, the level of income and profit of which in the aggregate does not exceed or is equal to the level of the subsistence minimum established in the region of residence.

For 2020, the average value fluctuates around 10 thousand rubles. The fact that with such earnings it will not work to get a loan is beyond doubt.

Since the conclusion of a mortgage agreement on favorable terms for a poor family takes place with the participation of state budget funds, candidates must meet a number of criteria. It is likely that a series of checks on the accuracy of the information provided will follow. The whole procedure should be as transparent as possible in order to avoid fraudulent actions on the part of those who want to take a mortgage.

First of all, you will need to obtain the status of "low-income family". This must be confirmed and documented.

The procedure involves the calculation of official income, including any social payments, scholarships, pensions. The result obtained is divided by the number of family members, as well as disabled citizens and children in its composition. If the final size is below the subsistence level, the family is recognized as in need of social support from the state.

Another factor to which attention is paid is the difficult housing situation. If there is no own apartment at all, or the area of ​​​​real estate per person is less than the established norm, then the need for an urgent improvement in living conditions is verified. This moment should also be documented, for which you need to contact the city's land department and stand in line for a subsidy.

Social credit programs

As already mentioned, there is no provision for a banking product aimed at mortgage lending to the poor. However, there are a number of programs under which a needy family can receive not only subsidiary assistance, but also more loyal loan conditions.

The best options are:

1. A project for obtaining a targeted loan for a young family. The main condition is the age of applicants - not older than 35 years. The benefit in this case is expressed in the provision of a subsidy to pay part of the mortgage. 35% of the cost of housing if there are no children and 40% if any. The minimum interest rate is 8.6%.
2. Providing housing for citizens standing in line. In this case, the family receives a subsidy to pay part of the loan, or it is provided with a mortgage on real estate sold by the local municipality. The program works only in those regions where there is its own housing stock.

When applying for a targeted loan, it is not forbidden to use the funds of the mother's capital if the family is entitled to a certificate. As well as other required subsidies and benefits.

Where to go

Mortgage registration takes place in banks that are participants in these programs. The most popular are Sberbank, as well as AHML (Housing Mortgage Lending Agency).

So, AHML offers:

• rate - 9.9%;
• first installment - 10% of the cost of housing;
• the size of the subsidy from the state - 20%.

For comparison, in Sberbank, the interest rate can reach 11.75%. It all depends on the chosen program.

It is important to remember that each region develops its own conditions for designated projects. For more information, please contact the municipality directly.

Features of preferential mortgage

Regardless of the chosen program and the conditions for obtaining a targeted loan, the project to provide social mortgages to the poor has some subtleties. A potential borrower should be aware of the following features:

1. The acquisition of a real estate object occurs with the involvement of the finances of a particular credit institution.
2. Cash is not cashed, the client does not receive the amount in hand. It does not matter whether it is a subsidy from the state or credit funds. All transactions are carried out in a non-cash form. That is, if part of the mortgage is paid from the budget or assistance from the state is expressed in the payment of interest, the money is transferred to the bank account within the specified time. Direct transfer of an amount equal to the value of the apartment to the seller is also carried out by transferring funds from the creditor's account to the account of the former owner of the property.
3. The apartment acts as collateral.
4. Ownership is transferred to the buyer at the time of signing the sale and purchase agreement. The new owner has the opportunity to use the square meters at his own discretion.
5. Until the mortgage is repaid, an encumbrance is imposed on the apartment. That is, the owner will not be able to sell, exchange, donate it.

It must be understood that assistance and guarantees from the state do not cancel the borrower's obligations to repay a mortgage loan. Support for a low-income family is expressed only in easing the conditions of the program for buying a home with the help of borrowed funds.

Mortgage lending to low-income families is carried out within the framework of various state support programs. The conditions for obtaining a targeted loan in this case will be more loyal than for persons with a good income. More specifically, assistance is expressed in subsidizing part of the loan and a reduced interest rate. However, do not forget that when approving the application, one way or another, the stability of the family income and the good credit history of the applicant will be taken into account.

The lawyer is ready to answer your questions.

Social mortgage is a complex of federal and regional programs aimed at improving the living conditions of socially unprotected segments of the population. We will figure out who can count on government assistance, and how to get it.

Types of assistance to borrowers under social mortgage programs

Social mortgage is provided to low-income citizens within the framework of the state program "Housing", as well as programs operating at the regional level. What options for state assistance can be provided:

• preferential interest rate - the state compensates for part of the interest on the loan;
• partial compensation for the cost of purchased housing - a subsidy that is paid on the basis of a housing certificate or other document;
• sale of housing from the regional fund at a reduced price.

In each region, the conditions of social mortgage programs may differ. But there is a general rule - assistance is provided only to those citizens who need to improve their living conditions. For example, the area of ​​​​the existing apartment is less than the established norm, or there is no own housing.

Social mortgage is aimed only at low-income categories of the population. Young families, employees of budgetary institutions, young specialists can take part in the programs.

Mortgages for young families

Families in which both spouses are under 35 years of age, including families where children are raised by one parent, can participate in the preferential program.

Assistance consists in providing a subsidy in the amount of 30% of the cost of an apartment purchased with a mortgage. If the family has at least one child, then the amount of the subsidy increases to 35%. At the regional level, payments can be increased if these costs are included in the budget.

A young family can use the subsidy to make a down payment or pay part of the principal and interest on an existing mortgage loan.

According to the rules of the program, a young family must be registered as in need of better living conditions, and also have an income sufficient to pay a loan to the bank.

The amount of social benefits depends on the area of ​​the purchased apartment and the average cost of one square meter of real estate in the region. A family consisting of two people will receive a subsidy for the purchase of housing with a total area of ​​​​not more than 42 sq.m. If there are more than two family members, then the area will be calculated based on 18 square meters. m per person.

A family can buy a larger apartment, but the amount of the payment will not change. The difference will need to be paid either from own funds or by increasing the loan amount.

The subsidy can only be given to a family once. Re-applying for payment is prohibited. In addition, under the terms of the program, assistance is provided only to citizens of the Russian Federation. If one of the family members does not have Russian citizenship, he will not be taken into account when calculating the area of ​​the purchased apartment and the amount of payment.

Social mortgage programs for public sector employees

The state program "Housing" also provides for the provision of mortgage loans on preferential terms to employees of budgetary organizations. Who can get help:

• Teachers of state and municipal educational organizations of general and secondary education. At the regional level, requirements are established for the experience of teaching, teacher qualifications and age limits.
• Doctors of state and municipal health care institutions, as well as social service institutions. The programs contain a list of specialties of medical workers who are eligible for benefits, as well as special conditions for those who work in rural areas.
• Young scientists and specialists carrying out professional activities in public institutions. Selection criteria are also set for them: academic degree, work experience, age, topic of scientific research. In addition, the programs may provide benefits for young professionals who are ready to move to the countryside.

For young professionals, the age limit is 35 years; for all other privileged categories, they can vary between 40-45 years.

When receiving benefits for buying an apartment on a mortgage, employees assume the obligation to work in budgetary organizations for at least 5-10 years. If this requirement is not met, the employee must return the funds received from the state.

Stages of obtaining a social mortgage

1. To participate in the social mortgage program, a citizen must contact the regional structure involved in the implementation of the project. The mandatory list of documents for providing assistance includes an identity card, a copy of the work book certified by the personnel department, certificates of marriage or divorce and the birth of children, and a certificate of family composition. If a positive decision is made, the applicant will be issued a certificate of eligibility for state aid.
2. The participant must apply to the bank for a mortgage loan. Obtaining a certificate does not guarantee that the bank will approve the loan. They can refuse if there is a bad credit history, insufficient income and other factors that will indicate the low solvency of the borrower.
3. Once approved by the bank, the borrower must choose an apartment that meets the requirements of the preferential program and conduct an independent evaluation. The object passes the approval procedure not only in the bank, but also in the regional body that allocates funds.

Russian citizens with low incomes who need housing do not have the opportunity to resolve this issue on their own. Help in this situation can be a social mortgage for the poor, which implies assistance from the state and preferential lending terms. Read more about how you can get such a mortgage, what are the nuances and features - read on.

Families with low earnings are unlikely to be able to get a regular mortgage on a common basis. The amount of accrued interest for the use of borrowed funds can become simply unbearable. An alternative to solving the housing problem for low-income citizens may be to receive a social mortgage with state support.

Low-income citizens include persons whose income does not exceed or is equal to the subsistence level in the region of residence. As of the current date (beginning of 2020), it fluctuates on average around 10 thousand rubles. It is quite natural that a person with such earnings will not be able to get any credit, and even more so a mortgage.

Today, 2 main programs are being implemented in the Russian Federation, the main goal of which is to provide socially vulnerable and unprotected segments of the population with affordable housing - the FTP "Housing" and the subprogram "". These programs are provisionally valid until 2020, but there is a high probability of their extension.

Assistance to the poor can be provided in the form of a reduction in the base interest rate, the allocation of targeted subsidies from the budget, or mortgages for housing being built with the participation of regional authorities at a low price. In most cases, mortgages for low-income families are issued at AHML or an ordinary Russian bank, in favor of which, after some time, a social payment (subsidy) will be transferred. Its average value is approximately 30-35% of the price of the purchased apartment.

What benefits does social mortgage provide?

Previously, citizens of the Russian Federation could take advantage of preferential mortgages with state support issued by some Russian citizens. It provided for a minimum interest rate subsidized from the state budget. But since this program has expired, now, in order to obtain a social mortgage, poor citizens must contact regional authorities and banks that issue mortgages on favorable terms.

Now a poor citizen in the matter of acquiring housing can receive benefits in two ways: get a regular mortgage loan from a bank with the subsequent payment of part of the debt with a subsidy, or get a soft loan with a reduced rate. Registration of a social mortgage is accompanied by significant time costs associated with the preparation of documents in various departments, as well as with the expectation when the person’s turn comes up to receive the due payment from the budget.

No subsidy is paid immediately. Obtaining state housing certificates is carried out only in order of priority. Unfortunately, the poor population does not have a priority right in this matter.

Who is entitled to benefits

State support in the issue of improving housing conditions is expressed in the provision of material assistance to such categories of Russian citizens as:

• poor individuals and families;
• incomplete families;
• young families with children;
• large families;
• employees of budgetary organizations;
• disabled people;
• parents of children with disabilities, etc.

All of them must have documentary evidence of the need to resolve the housing issue and stand in line to receive assistance from the state. The determining factors for queuing for a subsidy or housing from the state are:

1. Non-compliance with social norms (each family member has less than 15 sq. m.).
2. Housing is recognized as dilapidated or emergency.
3. Sanitary and epidemiological conditions are unsuitable for living.
4. Together with the applicant, persons with infectious and contagious diseases live in an apartment, room or house.

That is, it is legally established that poor people have every right to take advantage of social mortgages to purchase their own housing.

Terms of receipt

The conditions for issuing social mortgages for the poor may vary by region of the Russian Federation. In summary, they include the following parameters and conditions:

• the value of the interest rate - from 6 to 9% per annum;
• loan term - up to 30 years;
• down payment - at least 10% of the value of the acquired property (can be paid at the expense of a subsidy or maternity capital);
• the amount of borrowed funds - up to 8 million rubles in Moscow, Moscow Region, St. Petersburg and the Leningrad region and up to 3 million rubles in other regions.

CONCLUSION: To apply for a low-income citizen must be in line for financial assistance from the state. Without meeting this criterion, the applicant will be denied participation in the state program.

Another important point is the lack of full-fledged social control in our state. For example, poor citizens may not have children or, on the contrary, be a large family. At the same time, the conditions for social mortgages will be the same for them, without any adjustments for the specifics of a particular case. This applies to the loan amount, term and other parameters.

Registration procedure

The procedure for applying for a social mortgage for low-income families includes the following steps:

1. A detailed study of the entitlement benefits and guarantees from the state (it is better to do this on the official websites of the authorized bodies or contact AHML for information).
2. Selecting the specific property to be purchased.
3. Preparation of a set of documents (it is better to order certificates and certified copies of documents in advance to avoid possible overlaps).
4. Contacting a credit institution, applying for a mortgage loan.
5. Submission of a loan application to the Bank's Credit Committee.
6. Signing of the necessary documents by the parties involved (in case of announcing a positive decision).
7. Payment of the first installment for housing (can be made both at the expense of the borrower's own funds, and through a state housing certificate (subsidy) or maternity capital).
8. Registration of the transaction in the Regpalat or the territorial body of the MFC.
9. Transfer of the remaining amount under the loan agreement in favor of the real estate seller.

IMPORTANT! As a needy citizen, you can get on the waiting list for preferential housing or a preferential mortgage both in advance and in the process of applying for a mortgage. In the latter case, the waiting period for the payment of state subsidies can be seriously increased.

An intermediate stage may be the borrower's application to the local authorities with an application to transfer the amount of the subsidy due to the creditor bank. In such a statement, the details of the credit institution, the balance of the loan account and other necessary information must be indicated.

The documents

To participate in the state program for obtaining a social mortgage, poor people must prepare and submit the following set of documents:

• a document confirming a low-income status (usually a certificate from a regional or local social security authority);
• passport of the applicant and spouse, if any;
• a document on the order in the list of persons applying for state assistance to improve housing conditions;
• documents on income and employment;
• application form for a preferential loan;
• information about the composition of the family;
• marriage/divorce certificate;
• birth certificates of children;
• a document from the Regpalata confirming that the client does not have any residential real estate.

This list can be both reduced and supplemented depending on the region of registration of the applicant and the specific situation.

Where can I apply

Registration of social mortgages is carried out through the Agency for Housing Mortgage Lending, which is a completely state structure. All consultations, emerging issues can be resolved in this organization. The process of submitting a loan application together with the collected package of documents is carried out in the agent bank.

The list of such banks is significantly limited. It includes only the most reliable credit organizations in the country. Such as CreditEuropeBank, Globex Bank, Binbank, regional banks, etc. Each of them also provides all the necessary information about available mortgage products and entitlements.

When submitting an application, a specialist of the credit department carefully checks and analyzes the provided information, documents, as well as the client's compliance with the requirements. The requirements include:

• compliance with the age limit (from 21 to 35 years old for programs for young families and up to 65 years old for low-income citizens who are not covered by this product);
• lack of own housing (also taken into account are the facts of non-compliance of existing housing with sanitary and social standards, dilapidation, accident rate);
• having a positive credit history.

Low-income families with an income not exceeding the subsistence level in the region of registration, in accordance with the current Russian legislation, are entitled to obtain a social mortgage on preferential terms. To receive such assistance from the state, you should contact local authorities in order to get on the waiting list, and then submit documents to the territorial office of AHML.

Social mortgage for low-income families involves a reduced interest rate (no more than 9% per year), a maximum loan term (up to 30 years) and a gratuitous subsidy that can be used to pay off a debt or down payment. Thus, even people with low incomes get the opportunity to improve their living conditions with the help of financial support from the state budget.

In 2020, it is represented by a number of programs that will help low-income families get long-awaited housing. You can learn about them in our next post.

For questions about mortgage benefits, you can contact our lawyer. Sign up for a free consultation in a special form.

We also look forward to your questions below and please rate the post if it was helpful.

March 19, 2019 No comments

For many of our compatriots, the acquisition of their living space is a difficult task. The value of real estate is greatly inflated.

In addition, when applying to banks for a mortgage loan, citizens are forced to pay high interest rates. What is the way out of this situation?!

For granting a loan, the bank takes interest from the client on borrowed funds. Interest is taken regardless of what type of loan is issued - mortgage or consumer.

Interest represents the bank's profit that it receives for issuing credit funds. Interest-free loans do not exist, because they are unprofitable for banks.

But many citizens are wondering if it is possible to purchase a home on a mortgage, not pay high interest rates or pay them at a lower rate?

This opportunity is provided within the framework of state support for low-income citizens.

The essence of such support lies in the fact that in the bank a mortgage is issued with interest, but the client pays it without interest. As a result, it is beneficial for both parties to the contract.

State assistance is provided within the framework of the social program "affordable housing"

It is provided as part of the Housing for a Russian Family program.

Assistance from the state for the purchase of real estate is implemented by JSC "DOM.RF" (until March 2018 - "Agency for Housing Mortgage Lending" (AHML))

This organization, in cooperation with banks, has introduced several mortgage programs for citizens who do not have a high income and who cannot afford to take out a mortgage under normal conditions.

There are several types of social mortgage programs. Participation in a specific social program is related to the region, the selected bank and the amount of subsidies provided by the budget.

Currently, there are various options for state support.

Which include:

Who is supposed to

State support is not provided to all Russian citizens, but only to beneficiaries.

Issuance conditions

Mortgage loans on favorable terms for low-income citizens are issued subject to the following requirements:

How to get a low income mortgage

To obtain a mortgage for the purchase of an apartment with state support, they should first of all apply to the territorial office of the mortgage and housing lending agency.

After considering the application by the agency, the borrower needs to choose a suitable bank cooperating with JSC DOM.RF.

In addition, AHML can directly cooperate with construction companies-developers on mortgage lending programs.

During the consideration of documents by a credit institution, the borrower should select a property that will be pledged to the bank.

Banks are willing to issue loans to privileged categories of the population, since the state ensures the repayment of the loan.

After the bank makes a positive decision on the application, you need to draw up a housing purchase agreement and register a mortgage.

Single mothers

A single mother (single mother) is a woman who has given birth and is raising a child, in the absence of marriage and without a joint application of the parents to establish paternity in the civil registry offices.

Having received the appropriate certificate of a single mother, a woman can apply for benefits. The certificate can be obtained from the department of social protection at the place of residence.

A copy of the certificate of a single mother is attached to the application to the bank and to the mortgage and housing lending agency.

Large family

There is no special program at the federal level adopted to provide large families with housing.

Therefore, families with many children often receive benefits when buying housing under other social programs, for example, as a young family or with the help of maternity capital.

However, in some regions there are financing programs for large families with the aim of buying housing for them.

The meaning of such programs is that part of the debt is paid from the regional budget. The procedure for obtaining a mortgage for the purchase of housing is the same as with a conventional mortgage.

The borrower needs:

When another child is born (or adopted) in a low-income family, part of the debt can be written off.

When applying for a preferential mortgage, it is allowed to attract guarantors and co-borrowers, in this case, lending conditions may be the most favorable.

Young professionals

Young specialists are considered to be persons who have received higher or more harmful education, while not reaching the age of 35.

In addition, it is necessary to work for more than three years in the specialty.

As a rule, the income level of young professionals leaves much to be desired, which is why the state provides special support measures aimed at purchasing housing.

For example, there is a preferential program for teachers. There are also support programs for employees of scientific institutions.

You can get a loan at Sberbank or by submitting an application to a mortgage and housing lending agency. The process of obtaining a mortgage is the same as in the case of a standard mortgage loan.

State employees

State employees can also fall under the category of the poor.

In the context of the economic crisis, their wages are low.

Such citizens also have the opportunity to claim benefits when concluding a mortgage agreement for the purchase of an apartment.

To apply for a preferential loan, an employee of the public sector must meet the following conditions:

State employees eligible for preferential mortgage terms are teachers, medical workers, and others.

It is important to remember that all categories of low-income borrowers have the opportunity to deposit maternity capital funds as a mortgage payment.

In addition, if there are conditions for participation in several preferential programs, borrowers can get a mortgage on more favorable terms. For example, under the "young family" and "mortgage for young professionals" programs.

Registration stages

Applying for a mortgage loan involves following certain steps.

Namely:

What documents are needed?

It will take some time to collect the necessary documents.

To apply for a preferential mortgage in Moscow and the region, you need to prepare the following papers:

Making an application

To get a loan, you need to fill out an application. A sample application is installed in specific banks.

At the same time, there are general data that must be indicated in a general manner.

These include:

How to apply for the removal of an encumbrance on a mortgage:.

Video: Mortgages for the Poor in 2020