Young families who do not have their own housing, with government support, can buy an apartment or a private house by taking out a mortgage with VTB-24 for a long term. As a down payment or to pay off debt, the bank accepts state housing certificates, maternity capital funds and other social loans from regional authorities.

For many Russians, mortgage lending is the most acceptable way to own a home, and for young families it is the main way. Banks are developing a variety of lending programs for young families.

The “Young Family” mortgage at VTB-24 is not an independent target program, but the mortgage lending options offered allow families in which the spouses are between 21 and 35 years old to become owners of an apartment or house using social support funds.

The bank implements lending programs with state support, maternity capital and housing certificates. You can buy an apartment in a new building, on the secondary housing market, a mortgage for sale, or a private house with a mortgage.

Conditions of the program with state support

Mortgages with state support make it possible for young families in need of improved housing conditions to draw up a loan agreement for the purchase of an apartment or house under the following conditions:

• Borrowers age from 21 year to 35 years.
• The bank lends money for a period from 5 before 50 years.
• Down payment not less than 10% the cost of the purchased housing.
• If necessary, the bank takes into account the income of not only the young family, but also close relatives.
• Russian citizenship and permanent registration are not required.
• Early repayment of debt without commissions or penalties.
• Mandatory requirement to insure the collateral and the life of the borrower.

The state undertakes to pay before 30% cost of purchased housing for families without children and up to 35% families with children eligible for government support. In each region of the Russian Federation, additional social assistance programs (loans, construction of budget houses) are being implemented for young families to purchase housing.

Interest rate

The rate on mortgage loans at VTB-24 depends on the size of the loan.

The larger the amount the borrower borrows, the lower the interest rate:

• amount up to 2 million rubles in Moscow and the Moscow region and up to 1 million rubles in other regions VTB-24 will issue under 13,25%;
• from 2 before 5 million rubles in Moscow and from 1 before 2 million rubles in the regions gives under 12,55%;
• over 5 And 2 million rubles, respectively, can be obtained at 12, 15%.

If the borrower fulfills all insurance conditions (real estate insurance, life insurance of the borrower and guarantor, termination of the mortgagor's property rights), the discount rate will be 1% .

The loan is issued on the security of the purchased property or on the guarantee of other persons. For salary clients and owners of Privilege or Prime packages, the bank reduces the rate by 0.3% in rubles and by 1% in foreign currency. Discounts are not cumulative.

You can buy mortgaged apartments put up for sale by the bank. In this case, the interest rate, if all insurance conditions are met, will be 10% . You can purchase finished and under construction housing. For finished housing the amount is from 0,5 before 75 million rubles will provide at a rate of 12,65%.

An initial fee

If a young family purchases an apartment with a mortgage, the amount of the down payment will be 10% its cost, if a private house, will have to be paid 20% its prices. When making 35% the cost of housing, the loan application will be completed using your passport and any other document.

The bank does not accept more than 65% of the value of real estate as a down payment.

Collateral apartments that the bank puts up for sale are offered for mortgage on preferential terms: down payment 20% , bid 10% subject to insurance of all risks.

Contract time

Validity period of the mortgage agreement from 5 before 50 years. The maximum loan period is determined based on the fact that at the time of full repayment of the debt, the borrower’s age should be no more than 75 years. Thus, a young family in which the spouses 35 years, can take out a loan for no more than 40 years.

Video about mortgages for young families

Documents for registration

To obtain a mortgage, a young family will need to provide the bank with a package of documents.

Mandatory

The following documents are required:

• passports of spouses and their copies (all pages of the passport, including blank ones);
• original and copy of any second document;
• military ID for men (original and full copy);
• documents on employment and income (copies of work books certified by employers, 2-NDFL certificates, tax returns (copies) for the previous year, copies of employment contracts from the main and additional place of work);
• questionnaire.

Additional

If the borrower provides additional documents to the bank, he can count on more preferential lending conditions: a larger amount, a longer period, a lower rate.

The list of additional documents includes:

• certificates and diplomas of education and advanced training (copies);
• certificates of employment and additional income;
• concluded loan or credit agreements (if any);
• certificates from creditors about the borrower’s debt balances and his compliance with obligations;
• information about the assets held by the borrower and the guarantor;
• documents for real estate (copies) owned by the borrower (if any);
• copies of documents for expensive property owned by the borrower
• (road or water transport, land, garages, cottages);
• statements from other bank accounts (if any).

Maternal capital

A family with children entitled to maternity capital can spend it on a down payment or repaying a mortgage loan.

In order to use maternity capital, the family needs to provide VTB-24 with a basic standard package of documents, as well as a certificate from the Pension Fund about the availability and amount of maternity capital and the certificate itself.

After drawing up a mortgage loan agreement, based on the borrowers’ application and documents from the bank, the Pension Fund transfers funds to repay part of the mortgage debt.

Need a home loan, but your credit file is not perfect? Find out if it is possible and what you need to do to get it.

How to get a mortgage with government support? The procedure is described in.

Where can I get a loan using a bank certificate? List of banks.

Housing certificates

As part of the adopted state program “Housing,” young families are provided with social benefits for the purchase or construction of housing in the form of housing certificates.

Young families who need to improve their living conditions and have incomes that allow them to purchase housing on credit can count on housing certificates.

Mortgages for young families at VTB-24 are possible using subsidies allocated through housing certificates for the down payment or loan payments.

The procedure for using a housing certificate for a mortgage:

• a standard package of documents and a housing certificate are submitted by the borrower to the bank;
• the bank checks solvency, determines the maximum loan amount that can be issued, taking into account the size of the subsidy and the cost of the purchased apartment;
• in case of a positive decision, the borrower is given a notification, taking into account which he selects housing;
• Having selected an apartment, the borrower draws up a mortgage agreement with the bank;
• if a housing certificate subsidy is used for a down payment, the bank will issue a loan only after paying for part of the purchased housing with these funds.

Using the services of VTB-24 and government support programs, a young family that does not have their own home is able to acquire an apartment or house on quite acceptable terms. Long-term mortgage lending and the prospects for income growth for young spouses make the possibility of early repayment of loans quite realistic.

How to get a loan to buy a home for a young family? ( , ). VTB24 Bank provides mortgages to young families with reduced interest rates. What is the procedure for applying for a loan, and what kind of housing can you expect?

Mortgage terms. VTB 24 mortgage programs and their features

VTB24 Bank provides loans for the purchase of real estate for up to 30 years. A potential borrower has the right to choose any housing or other purposes:

• an apartment on the primary or secondary market;
• build your own house.

Mortgage conditions for a young family at VTB24 that applicants must meet:

1. Be recognized as in need of improved housing conditions.
2. Be on the list to receive housing from the state.
3. Be citizens of the Russian Federation up to 35 years of age inclusive.

Buying an apartment with state support

The conditions for purchasing mortgaged housing with state support for a young family from VTB24 Bank in 2019 are as follows:

• purchase of unfinished or finished housing from a developer;
• only in Russian rubles;
• at least 20% of the potential borrower’s funds;
• payment must be made no later than 30 years;
• you cannot take from the bank less than 600 thousand rubles and more than 8 million rubles;
• compulsory insurance when concluding a transaction with a bank.

The financial institution does not charge fees to borrowers. The interest rate when purchasing an apartment with state support from VTB24 bank is 11.4%.

This is a fixed rate that will not change during the term of the mortgage agreement.

The borrower cannot be less than 21 years old, and at the time of expiration of the loan agreement, the age must not exceed 70 years.

Purchasing housing using maternity capital

At VTB24 the program is called “Mortgage plus maternity capital”. The certificate is used if you need to carry out one of the financial transactions:

• repay an already issued loan;
• make a down payment;
• add money to your existing mortgage.

Using maternity capital funds as a down payment is allowed only if the child is already 3 years old.

Under this program, the bank will issue up to 30 million rubles for 30 years, and the interest rate starts from 12% per annum.

Purchasing real estate using a housing certificate

The program from VTB24 Bank “Mortgage plus Housing Certificate” allows you to repay a previously taken out loan for an apartment or use the money from the certificate as a down payment.

How to use the certificate:

• a young family submits a loan application to the bank ();
• the bank makes a decision taking into account the money on the certificate;
• search for future housing;
• execution of an agreement with the bank.

The bank issues a loan for the purchase of real estate at 9.5% to 10.7% per annum. The rate depends on the type of property, and also takes into account the price at which the property is purchased.

Features of obtaining a mortgage for a young family

If the loan was received before participating in the program, then you first need to contact the bank and clarify the balance of the debt. After this, provide a certificate stating how much money is due under the certificate and submit the necessary package of documents.

After government money arrives to the borrower’s account, the lender will independently recalculate the balance of the debt and notify about the new loan term or monthly payment.

Minimum interest rate conditions

The minimum interest rate at VTB24 bank depends on the program under which a young family wants to get a mortgage. The bank can offer an apartment from the collateral on preferential terms or housing offered by partners. Many conditions affect the rate level.

Credit calculator

You can pre-calculate the main parameters of the loan using a mortgage calculator, which is posted on the bank’s official website. To do this, in the fields of the calculator you need to enter the amount of the contribution that the borrower can make, the loan term, the cost of the desired apartment and the amount of income. Finally, you need to click on the “Calculate” button and information about the monthly payment and the amount of overpayment will appear.

Mortgage servicing and repayment

Mortgage payments should be made on time, taking into account holidays and weekends. Any delay affects the quality of your credit history. In addition, the bank will charge penalties for each day of delay.

For each mortgage agreement, a payment schedule is issued, which is binding. We must not forget about the annual insurance premiums. Early repayment of debt is acceptable. The minimum amount that will be accepted for offset is specified in the contract. Typically, the bank asks to be notified in advance of intentions to make a larger payment.

There are plenty of loan repayment options: in the lender’s branches, through the terminals of the bank and its partners, online in your personal account or from an account at another financial institution. You can also use postal transfer.

How to get a mortgage for a young family at VTB 24

Having chosen VTB Bank as a potential lender, the applicant should check with an employee about the required package of documents and the terms of a mortgage for a young family at VTB24 for each of the bank’s programs. If the applicant and his family meet the obligatory requirements of the lender, you can proceed with the paperwork ().

Required documents and deadlines

Borrowers provide the bank with the following documents:

• questionnaire;
• passports of all participants in the transaction;
• income data;
• documents on the birth of children and marriage;
• copy of the work document.

The bank provides the opportunity to apply online for the program. If the financial institution’s specialists do not have any additional questions, then a few days after submitting the full package of documents, you can expect the results of consideration of the loan application.

The choice of housing offered and the advantages of buying at VTB24

The bank provides the right to choose housing for a young family and does not impose territorial restrictions. You can buy an apartment on the primary or secondary market in any region. Bank specialists will check the legal purity of the transaction. Additional benefits can be obtained by purchasing specially accredited housing.

Increasingly, young people are starting families and having children. In this regard, the issue of purchasing a home becomes relevant. However, not everyone has the opportunity to purchase a good apartment, because the cost of real estate today is very high. The best option is the VTB Young Family mortgage. It allows you to take out a loan to purchase real estate under one of the government programs. This product was developed by VTB in 2010, and in 2018 it was expanded and extended.

Features and conditions of a mortgage

Mortgages for young families, as a banking product, are very popular today. The line of people wishing to become a participant in such a program is growing every day. However, only those families who are able to provide VTB with documents confirming their solvency and high income can receive approval for a mortgage from VTB. At the same time, the bank separately considers cases when the family has many children, the spouse is pregnant or is on maternity leave. When receiving an apartment on preferential terms, you can attract a guarantor borrower to the mortgage. It could be, for example, a relative. VTB 24 also takes into account the income of relatives.

Apply for a loan for

Young families can include a couple living in a registered or civil marriage, if the age of the spouses does not exceed 35 years.

A young family can count on 2.2 million rubles. In this case, the amount of state subsidy should not exceed 30% of the price of the apartment. The area of ​​the purchased apartment must be no more than 42 square meters. If a family consists of three people, then the calculation of the area is based on 18 square meters per person.

When taking out such a mortgage, the purchased property acts as collateral. If the borrower does not comply with the terms of the loan and does not make payments as originally due, the bank may seize the property.

VTB mortgage programs

Today, one of the largest Russian banks, VTB, has developed several mortgage programs for young families. We will look at what options there are and what are possible below.

With government support

Only those families who plan to buy an apartment in a new building or in a residential complex that is just under construction can count on government assistance when purchasing housing with a mortgage. According to the program, a subsidy of 30-40% is offered by the state to repay the loan.

VTB conditions are quite favorable. So, the borrower can take out a loan for 30 years. The annual interest rate will be 11% per annum. A prerequisite is to make a down payment, which is 20% of the market value of the apartment. The loan size can vary from half a million rubles to 8 million rubles.

At the birth of a second child, each family, according to the new law, receives maternity capital. These funds can be used to pay off the down payment on your mortgage. This government program guarantees more favorable mortgage lending conditions. Thus, the bank extends the loan term to 50 years and reduces the annual commission percentage to 10%.

Mortgage on a housing certificate

If a young family needs to improve their living conditions, they can receive a housing certificate. It is issued in the amount of half a million rubles and can be used by borrowers to repay the first mortgage payment. The bank also sets a low interest rate for such clients. It is 9.9% per annum.

Real estate requirements

VTB 24 will not issue a mortgage for all real estate. The ideal option for VTB is an apartment in a new building. This is a guarantee that the home meets all standards and will be liquid even after 10 years. However, secondary apartments and land plots may also be suitable if they are in good condition.

It is allowed to purchase real estate not only through developers and individuals, but also through a housing savings cooperative. You can also rent an apartment under a rental agreement.

Requirements for borrowers

VTB 24 is ready to provide mortgages only to those families who need to improve their living conditions or increase the area of ​​their apartment. At the same time, participants in this banking program must be on the housing queue. In addition, VTB 24 puts forward a number of the following requirements for its borrowers:

Package of documents

To apply for a mortgage at VTB 24, each client must collect a package of documents. It includes the following copies and originals:

• application for participation in the program;
• spouse's passports;
• birth certificates of natural and adopted children;
• work books;
• income certificates;
• military registration number (for military personnel).

In addition, you must additionally provide the bank with a certificate stating that the family lives under social rent conditions, if this is the case. As well as a divorce certificate if the spouses officially dissolved their marriage.

Registration procedure

Before applying for a mortgage, a married couple must make sure that they can become a participant in one of the government programs. Only after this action should you contact the VTB branch. You must bring the entire package of documents to the bank, as well as attach a completed banking application form. It is necessary to indicate personal data, passport data, as well as the loan amount and the location of the property.

The client’s application to VTB is reviewed within 3 days. After this, an employee of the financial institution will call the client to inform him of the final decision. If VTB’s answer is positive, then the borrower will have to visit the branch again to conclude an agreement. In it, the bank indicates the amount of the monthly payment. You can pre-calculate it yourself using the calculator on the official VTB website. After signing the mortgage agreement, the funds for the purchase of the apartment are transferred to the card and, together with the plastic card, are issued to the client.

Mortgage calculator

Pros and cons of a mortgage

A mortgage for a young family is a controversial VTB product. However, in practice it has more advantages than disadvantages. Chief among them are:

• support for many government programs and the opportunity to use government benefits;
• low mortgage interest rates;
• long loan repayment period.

Among the disadvantages are the bank’s high requirements for the purchased property and the short period of time to find it. Another significant drawback is that the purchased property will be pledged to the bank until the end of the mortgage payment.

VTB 24 has loan programs for all segments of the population. Mortgages for young families are one of the most popular products. Thanks to her, thousands of Russian families were able to obtain new housing on preferential terms in a short time. At the same time, the lending conditions remain loyal, so they are suitable for married couples both without children and with children. Separately, the bank will decide whether to give a positive answer to pregnant women and large families. In this case, you can get a mortgage only if you have proof of a high income. It is worth noting that VTB gives permission to purchase apartments in new buildings, which guarantees that young families will be provided with only good housing.

News

Mortgage lending to young families from VTB24 Bank

As of the beginning of 2016, VTB 24 Bank is one of the five largest banks in Russia that are actively developing social credit programs. Many of its banking products are designed specifically for people who have become eligible for government financial support. Thanks to a large selection of advantageous offers, a mortgage from VTB 24 bank for a young family becomes a real chance to solve their housing problem.

VTB 24 Bank offers several permanent mortgage options for young families:

• Program "Mortgage with state support";
• Program “Mortgage + maternity capital”;
• “Mortgage + Housing Certificate” program.

Program "Mortgage with state support"

This project is designed for families who are young and have decided to purchase new housing that is ready or just under construction.

• The interest rate is 11% per annum.
• The loan term ranges from 5 to 30 years.
• The program applies only to new buildings, the list of which has been agreed with the state corporation Rosstroy.
• A loan is issued if you have a cash certificate from a participant in the state program Young Family.
• Adult citizens of Russia who have not reached the age of 35 have the right to receive this type of mortgage.
• At the request of the borrower, the money certificate funds are written off to repay the first installment, which is 20% of the loan cost, or the main part of the loan debt. At the same time, the state subsidizes from 35% to 40% of the estimated value of the purchased housing.
• The minimum loan size is 500,000 rubles, and the maximum is 8 million rubles.

Also, in addition to the state certificate under the “Young Family” program, funds received under the state project “Maternity Capital”, as well as housing certificates, can be accepted to repay part of the loan or the down payment.

Program "Mortgage + maternity capital"

If you receive assistance under the Maternity Capital program, you can use funds allocated by the state to repay the down payment or part of the mortgage loan.

• With this mortgage you can purchase any new or under construction housing in Russia.
• Depending on the age of the borrowers, the loan term can reach 50 years, with an interest rate of 9.9% per annum.
• The down payment is only 10% of the loan amount.

The main thing is to provide a package of documents confirming the family’s ability to pay future mortgage costs. Maternity capital provided from the federal budget to families in 2014 is 429,408 rubles.

Program "Mortgage + Housing Certificate"

Thanks to this program, Russian citizens can obtain a mortgage loan to purchase a new home or housing on the secondary market. And in repayment of the first installment and the main part of the mortgage, provide a housing certificate received as part of any of the existing government projects to improve housing conditions. The amount of such a loan can be from 500,000 rubles, and the interest rate is 9.9% per annum. Depending on the age of the borrower, the loan term can be up to 50 years. The size of the first payment is 10% of the loan amount.

Today, young people are increasingly thinking about purchasing their own home, but, unfortunately, not everyone has the means to buy it. This question is especially relevant for couples who already have a child or are just planning to have one. Especially for them, the VTB mortgage program for young families was developed in 2010 and extended in 2017.

Mortgage for a young family at VTB24

At its core, a mortgage is a loan provided by a bank with a down payment. Terms vary from 2 to 20 or more years. Different people in different life situations can choose the most suitable option for them. A mortgage for a young family at VTB 24 is usually the best option for couples just starting their life together.

Family members independently determine what exactly the money will be spent on:

• Purchase of residential premises (on the primary or secondary market);
• Construction of your own real estate (you must submit documents confirming the feasibility of spending the funds);
• Payment of part of the cost of living space in the event of a child;
• Down payment (about 10% of the property value).

Mortgages for young families from VTB in 2017 offer the most favorable conditions for purchasing their own home. To become a participant in this program, the borrower must meet all requirements and conditions.

Conditions in 2017

A married couple can apply for the purchase of housing with an area of ​​no more than 42 m2, a family of three or more people - no more than 18 m2 per person.

Young people participating in the VTB mortgage program for young families in 2017 must meet the following criteria:

• Have a need to increase living space or live in unsuitable conditions;
• Be registered in the housing queue;
• Age up to 35 years;
• Availability of Russian citizenship;
• If they work, they must confirm that their income level allows them to pay the remaining cost of the purchased living space. The total income per family must be: no less than 23 thousand rubles for a married couple, no less than 32 and 48 thousand rubles for a family of three and four people, respectively.

Having received the certificate, the spouses choose the bank that is most suitable for them, which then evaluates the cost of the selected apartment and determines the amount that it can provide for the purchase.

The bank, in addition to the borrower, also insures the property itself. The insurance amount is signed for the entire loan period. The bank's website has a mortgage loan calculator. With its help, you can choose the most convenient mortgage option, taking into account the cost of housing, the size of the down payment and the term for which the mortgage is taken. Bank employees in one of the branches will help you make more accurate calculations for a mortgage for a young family at VTB 24.

List of documents

To receive a subsidy, you must complete and submit originals or copies of documents to local authorities:

• Application for participation in the program;
• Russian passports of all family members over 14 years of age;
• Birth certificates of all children, including adopted children;
• Copies of work records certified by the HR department;
• 2NDFL certificates;
• If the family lives under social rent conditions, there must be a corresponding certificate;
• If family members have property, there must be documents confirming this;
• If the spouses are divorced, it is necessary to provide a certificate and a statement certified by a notary.

However, before submitting documents for obtaining a mortgage from VTB for a young family, it is worth checking with the municipality, since lists may vary in different regions.

Features of the program

It is important to remember that due to the abundance of necessary documents, you need to be extremely careful and not lose sight of any little detail.

Since the program is quite new, it is worth highlighting the following points:

• The queue is constantly growing due to the appearance of new participants;
• Funds are allocated only to couples with a confirmed regular income level;
• The amount of the subsidy cannot exceed 30% of the cost of housing;
• It is possible to take out a mortgage for an amount not exceeding 2.2 million rubles;
• The terms of a mortgage for a young family at VTB suggest that until the mortgage is fully repaid, the spouses are not the full owners of the home;
• In case of problems with monthly payments, fines are imposed, including the taking away of housing;
• The transfer of real estate for rent is possible only with the permission of the bank.

VTB24 mortgage programs

The bank offers various mortgage terms for a young family.

Mortgage with government support

The program was created for families wishing to buy an apartment in a new building or a share in the construction of residential premises. This option assumes a rate of 11% per annum. The loan can be taken out for a period from 5 to 30 years. A down payment is made (20% of the total amount), and it can be repaid, like the main part of the mortgage, with a cash certificate.

A mortgage is given for a minimum of 500 thousand and a maximum of 8 million rubles, but the best part is a government subsidy in the amount of 35 to 40% of the estimated cost of living space.

All mortgage parameters can be pre-calculated using the loan calculator on the bank’s website.

Using maternity capital funds

An initial contribution of 10% or part of the main loan for the purchase of housing on the primary market can also be repaid with maternity capital.

The interest rate is only 9.9% per annum, and the loan repayment period increases to 50 years.

If a young mother does not work while on maternity leave, and her husband’s income cannot cover the costs of the mortgage, his or her close relatives can become co-borrowers.

Mortgage on a housing certificate

A mortgage for a young family at VTB24 allows you to get a loan for both a new building and secondary market housing. A couple can use the state housing certificate (GHC) in 2017 to pay the down payment and the principal portion of the mortgage.

The loan amount in this case can be equal to 500 thousand rubles or more and be repaid over 50 years. The interest rate is also 9.9% per annum, the down payment is 10%.

It should be remembered that obtaining this type of mortgage is possible only if you have a certificate confirming participation in the program, and the selected property must be included in the list agreed with the Rosstroy construction corporation.

Conclusion

Thanks to such a VTB program as a mortgage for a young family, many couples throughout Russia have purchased housing, and their number is only increasing every year, since the program has already been extended until 2020. Loan conditions are as acceptable as possible for young families, regardless of the presence of children, and the parameters of a future mortgage can always be calculated using a calculator on the bank’s website. And for those couples who already have a baby, using maternity capital funds will be an indispensable help in purchasing their own home.