Mortgage lending with state support at Sberbank began in May 2015. The task pursued by the financial institution was to help Russians purchase their own square meters at the lowest possible cost.

State subsidies continued until March 1, 2017. The founders of Sberbank have not yet given a specific answer whether the program will be extended, reserving the possibility of introducing the system again.

What is mortgage lending with government support?

By becoming a participant in the program, a solvent citizen of Russia with a permanent job and a stable income can count on the payment of a certain share of funds by the state, which, in turn, subsidizes the program proposed by Sberbank using money from the Pension Fund.

Signing a mortgage loan agreement, of course, imposes basic financial obligations on the debtor, but at the same time a preferential interest rate is offered - 11.4%, a decrease of 0.5%.

Taking out a mortgage from Sberbank is primarily beneficial for the borrower, but at the same time Sberbank supports development companies, because new buildings accredited by a financial institution become a prerequisite for purchasing an apartment. Purchasing housing on the secondary market is prohibited.

Conditions for participation in mortgage lending

If previously only needy families, for example, low-income families with many children, could take advantage of preferential mortgages, today the state is showing interest in supporting Russians, regardless of the social status of the respondents.

The only thing you need to remember is the mandatory conditions and requirements for participants valid until 2019 inclusive:

• the down payment received from the borrower is 20% of the established cost of housing;
• the loan can be issued for a period from 1 to 30 years;
• the minimum loan amount is 300,000 rubles;
• the maximum loan limit is 8,000,000 rubles for residents of the Moscow region and St. Petersburg, 3,000,000 rubles for residents of other regions of Russia. Such a large gap between different localities is associated with different levels of economic development and wages;
• There is always the possibility of unforeseen events that may result in the inability of a bank client to repay a mortgage debt, for example, a layoff at work. For reinsurance, Sberbank requires the provision of collateral, which is in the form of residential space included in new buildings accredited by a financial institution;
• it is impossible to do without taking out life and health insurance for the borrower, and this point is one of the most important and fundamental in the signed agreement (a borrower who does not renew the insurance, thereby “frees the hands” of the credit institution, which, in turn, now has the right to increase the interest rate to 12.4% per annum).

What type of housing is available for mortgage lending under the program from Sberbank

1. Housing included in new buildings accredited by the bank.
2. Multi-family real estate.
3. A newly built or under construction private house.
4. Townhouse with land.

What is real estate accreditation

The list of real estate that has passed state accreditation is presented on the official website of Sberbank. Accredited new buildings mean those approved by a financial institution, available options for consideration by potential borrowers and future apartment owners.

Accreditation immediately declares to the future owner that the bank and the state are responsible for the proper condition and quality of the constructed facility, being responsible for safety, timing of completion of construction and compliance with residential premises standards. Recently, in Russia, fraudulent actions by construction companies have become increasingly common, abandoning the process halfway and not returning money to their clients.

Sberbank and mortgage lending with government support exclude such an outcome, which means the borrower does not have to worry about the final result.

Base of new buildings accredited by Sberbank in 2019

The majority of applications for mortgage lending were received from Moscow residents, and this despite the rather high cost of square meters. But new buildings are also offered in other cities of Russia. In 2019, the full list looks like this:

1. Club house Brilliant House, located in St. Petersburg. Price per 1 sq. m of living space was established within the range of 200,000 - 355,000 rubles. The landscaped area includes recreation areas, and the apartments boast spacious rooms, glazed large loggias and balconies. For the convenience of the owners, there is a 2-level parking lot underground.
2. 1 sq. m of the family residential complex "Mishino" in Volgograd is estimated at 45,000 - 50,000 rubles.
3. The Arsenal company offers new buildings in Center+ at a price per 1 sq. m. m from 57,500 to 87,500 rubles.
4. New apartments located in Nakhabino Square will cost from 57,000 to 62,500 rubles.
5. The construction company RusStroy is carrying out several large residential projects at once, the leader among which is Posad-Premier in Yaroslavsky, Moscow region. New buildings in this area will require cash investments from the future owner in the amount of 50,000 - 51,000 rubles per 1 sq. m. m. In return, property owners will be able to enjoy the amazing architectural design of the houses, underground parking, a green garden along with modern playgrounds.
6. Square meters in Park Tower, visually similar to 2 towers, were distributed in the price range of 95,000 - 100,000 rubles. The advantage of this residential area is its proximity to nature - the Aleshkinsky Forest and Butakovsky Bay are nearby, where it is convenient for Moscow families to go on a picnic.
7. The Sport-life complex under construction in Zvenigorod is located in the very center of the city. You can buy apartments designed for 1 living room, 2 and 3. There is a green area and a children's playground nearby, and the first floors are allocated for renting offices and shops. 47,000 - 51,000 rubles is an acceptable price for comfortable accommodation for Russians.
8. In Noginsk, consumers are invited to look at the apartments that are part of the new buildings of the Zakharovo-Park complex in the Moscow region; they cost from 52,500 rubles per 1 sq. m. m. Nearby are Glukhovsky Park and Sernogolovsky Pond, the beauty of which can be enjoyed at any time. The social infrastructure is luxuriously presented, there is a bus stop 200 meters away, and a railway platform is 1.4 km away, allowing you to take transport and get to Moscow in a breeze.
9. Construction work on the arrangement of the Park Alley complex is in full swing in Krasnogorsk. The beauty of this area is that it is located in a park area, next to a large shopping center, beauty salons, medical clinics and a city hospital. In the courtyards there is a city museum; for children to relax, a 10-minute walk away is the children's leisure center "Fairytale".

Requirements for the borrower

Who can apply for a mortgage on real estate included in accredited new buildings?

1. An individual over the age of 21.
2. The maximum permissible age of a participant in the program for males is 60 years, for females – 55 years.
3. Availability of registration stated in the passport of the system participant.
4. Having a regular income.
5. Cumulative work experience – from 1 year or more.
6. If we are talking about the current place of work - from 6 months.

If the borrower wants to increase the loan amount, he has the right to hold the co-borrower liable, of course, with the latter’s consent. It is allowed to attract 3 co-borrowers at once; the spouse is considered the borrower by default. Therefore, it is necessary to obtain written consent from the other half, with whom the official marriage is concluded, to take out a mortgage. The exception is when a marriage agreement is concluded between husband and wife.

Where to receive and make loan payments

• at the place of registration of the recipient of the housing mortgage;
• at the location of the new building that the borrower has chosen;
• at the place of accreditation of the company, which acts as an employer for the debtor.

At the request of a Russian citizen, Sberbank can issue a loan in one amount or gradually, in parts. These nuances are negotiated by the two parties and then specified in the contract. If you plan to repay the debt ahead of schedule, of course, this option is unprofitable for the financial institution, because it loses profit, but it is also possible.

The borrower draws up an application and indicates in it the following details:

• your data;
• the date when the application was written;
• amount to be repaid;
• the account from which the funds will be transferred to Sberbank.

Please note that Sberbank does not require payment of commissions if the loan is repaid on time.

Additional sources of loan repayment

Sberbank offers additional options for repaying a mortgage, for example, it’s a good idea to use maternity capital. To minimize expenses for an individual, a tax deduction can be issued equal to 15% of the money paid. The maximum possible tax deduction in 2019 is stated to be 2,000,000 rubles.

Have you decided to buy an apartment, but are confused? Housing is necessary, but how to choose “the one”? This is a responsible step, because buying an apartment is often accompanied by taking out a mortgage, which will take several decades to pay off.

It is important that real estate purchased with a mortgage is quite difficult to exchange or sell. Consequently, you will have to put up with ill-conceived planning or noisy neighbors.

But there is a way out of this situation - use the list of new buildings accredited by Sberbank.

How are accredited new buildings beneficial for the buyer?

Important! If a residential building has been put into operation, it is no longer considered a new building. Despite the fact that the apartments are still empty, construction is at the final stage, this is already secondary housing.

Consequently, when applying for a mortgage, different conditions and interest rates will apply.

A new building is a house that has not yet been recognized as suitable for habitation by the relevant government authorities. This could be a pit, a concrete box or a house at the stage of finishing work.

Will it be completed? Will they be allowed to live there? How to make the right decision, because the monthly payments are large, and there will be no second chance? Sberbank knows the answers.

Important! Sberbank accredited developers are reliable construction companies that have been on the market for many years, which deliver construction projects on time and eliminate inevitable shortcomings in residential premises quickly and without litigation.

It is much easier for the largest bank in our country to check the reputation of a developer than for the average person. Therefore, Sberbank’s database of accredited new buildings allows you to minimize risks when purchasing a home.

How are accredited new buildings beneficial for the bank?

Would a commercial financial institution check the reliability of construction organizations without benefit for itself? Why does he need this? The point is the essence of the mortgage. After all, it is a loan secured by housing. If there is no housing, then there is no collateral.

Consequently, the bank has no guarantee that the loan funds issued will be returned to it. Interest rates of any size will not be able to protect a credit institution from losses if the borrower loses a high-paying job and has no collateral.

Therefore, it is extremely important for the bank that the property is delivered on time or ahead of schedule, and also that the residential building is in good condition for the entire period for which the mortgage was issued. Consequently, the interests of the bank and the borrower coincide.

Important! The list of accredited new buildings prepared by Sberbank is not a way to limit the buyer’s rights, but a way to reduce the borrower’s expenses for renting other housing due to the shortcomings of the apartment issued on credit.

Features of purchasing housing in an accredited new building

They are positive and are reflected in the following:

Reduced interest rate, which allows you to save up for 1 monthly payment in about 1 year;

Prompt loan approval - the developer has already been verified, all that remains is to check the borrower;

New buildings accredited by Sberbank mean confidence that housing will begin to please you in a short time, and the joy will last for many years.

The bank, unlike in cases of purchasing unaccredited real estate, does not put forward any additional requirements. Thus, the borrower’s concern is to provide the housing with warmth and comfort, and Sberbank’s concern is to help purchase this housing.

By what criteria does the bank evaluate the reliability of the developer? Why is it important to check for accreditation when choosing an apartment in a new building?

These and other questions were answered by Vasily Seliverstov, executive director of the DomClick division. He is developing the accreditation process for partners and facilities under construction. Therefore, he knows everything about accreditation with Sberbank.

Why is accreditation needed?

Accreditation is an assessment of the likelihood that the construction of a house will be completed, the bank will receive collateral, and the client will receive his apartment.

Let's compare accreditation to the standard mortgage process. After the loan is approved, the client sends the apartment he intends to buy to the bank for approval. In fact, accreditation replaces this procedure for an apartment in a new building - the entire house under construction is approved at once. In addition, for accredited projects the transaction process is faster.

How does the bank check the developer?

Category A includes developers with the least experience in the market. To receive accreditation, they must construct at least 30% of the above-ground portion of the project. After this, the bank assesses the financial condition of such companies. If everything is in order with these minimum requirements, then the accreditation process itself begins.

The most experienced and reliable companies fall into category E. To do this, the developer must have 20 or more residential or commercial real estate properties built over the last 10 years. But even for such companies, the bank conducts a more serious and detailed analysis of previously constructed facilities. This distinguishes Sberbank’s position from other organizations.

What exactly is checked during the accreditation process?

We check the developer’s experience in the market and the construction readiness of the property in question. The pace of construction of the developer’s previously accredited facilities is also taken into account.

An important factor is the business reputation of the developer - here a detailed check is carried out by the bank's security service.
Sberbank is one of the few banks that checks not only the reliability of the developer, but also the reputation of the company’s managers.

It is checked whether the company took part in arbitration courts. The bank's legal department checks construction and land documentation, as well as the compliance of these documents with the share participation agreement. It is important that the documents strictly respect the rights of clients and the bank.

How long does this check take?

Existing partners who fit categories D or E can complete the accreditation procedure in 2-3 days, provided they provide a complete package of documents.

For companies that have not yet cooperated with the bank, or if additional clarification on documents is required, the procedure may take 10 or more days.

Is it possible to speed up the verification?

Yes, we recently launched the ability to apply for accreditation in a partner’s personal account at pro.domclick.ru. During testing, the average time for reviewing applications from a partner’s personal account was 5.5 days, compared to the old procedure, when the average time was 9 days or more.

In the personal account, for the convenience of the partner, an “assistant” for creating a package of documents has been developed. After answering a few questions, the partner will understand what needs to be provided to the bank - now there is no need to read bank regulations and documents. This was done to speed up the review procedure, because, as I already said, when you provide a complete package of documents, review occurs faster.

Why is it important to check for new build accreditation?

Firstly, based on the results of the inspection, we understand that the accredited developer has a reliable business reputation.

Secondly, the developer can additionally attract client funds, consisting of mortgage loans received from banks that have accredited the project, to finance the construction.

This strengthens its position in the market. However, it is important to understand that even accredited facilities may not be completed. This is influenced, among other things, by how the developer conducts business activities, how procurement and other operational procedures are organized. That is, those things that the bank cannot influence.

Therefore, even after accreditation, the bank continues to monitor the activities of the developer. If monitoring reveals that the developer is not fulfilling its obligations in good faith, the bank will be able to promptly warn its clients and the market about the risks.

How to protect yourself when choosing a developer?

If a residential complex has received accreditation only in 1-2 banks, this may mean that the object does not meet the reliability requirements, and the remaining banks refused it. In some cases, it is important to consider that there are developers who have relationships with certain banks. The bank may be a participant in the developer’s business, for example, a founder, a shareholder, or have a seat on the board of directors. In this case, the developer does not seek to obtain accreditation from a large number of banks.

I was told that I should buy an apartment only from developers who are accredited by banks.
Since we are targeting Sberbank, we are interested in developers who are accredited by Sberbank and with whom we can work.
Where can I find a list of Sberbank partners who build economy-class housing in Moscow and the Moscow region?

Nelya, firstly, your information is incorrect - you can purchase an apartment in any building, that is, from a developer accredited by the bank or not. The only difference is that if the developer is not yet accredited by Sberbank, then the processing time for your loan application will increase, since it will take time to verify the developer. By the way, this is quite convenient for you, since you will no longer have the risk of buying an apartment from scammers.
Secondly, the list of accredited developers can be downloaded on the Sberbank website. Follow the link, find the special opportunities subsection on the right side of the window and there download the List of real estate objects under construction/constructed with the participation of credit funds from Sberbank of Russia OJSC.

Where can I find a list of accredited developers with whom Sberbank works?

It’s strange that they told you about accredited developers, but did not give them their contacts. Before you apply for a mortgage, you need to find out whether the developers’ prices are suitable for you or whether it might be more profitable to take out a loan from another bank to purchase an apartment from other developers. There are probably lists in Sberbank branches as well.

Where can I find a list of accredited developers with whom Sberbank works?

Dear Nelya!

The list of accredited partners of Sberbank - developers, insurance companies, appraisers can be found on the official website of this bank, and can also be obtained from any of its branches where there is a lending department. I also want to clarify that this information can be trusted even if you take out a loan from another bank. Sberbank sets high demands on its partners, so they are distinguished by reliability, credibility, high reputation and long service life in the market.

Where can I find a list of accredited developers with whom Sberbank works?

10 Mar 2012, 08:08

Where to find a list of developers accredited by Sberbank for the purchase of primary housing in Krasnodar

Where can I find a list of accredited developers with whom Sberbank works?

10 Mar 2012, 10:32

Dear Vladimirovna.

At the top of the page in the regions section, instead of Moscow, find the Krasnodar Territory, and there you can download a list of accredited developers.

Have you decided to buy an apartment, but can’t choose the right one? Are you worried about the integrity of the developer? There is an exit! Use the list of new buildings accredited by Sberbank.

Peculiarities:

• reduced interest rate
• prompt loan approval

You can learn more about Sberbank accreditation at the “Real Estate from Leaders” exhibition, which will be held in Gostiny Dvor (Ilyinka, 4) from March 29 to April 1.

Benefit for the buyer

If the house has already been put into operation, it ceases to be considered a new building and goes into the category of secondary housing. Accordingly, the conditions and interest rate change not in favor of the buyer, so many people prefer to buy real estate at the foundation pit stage.

There are many risks associated with this! Will the house be completed and how soon? Doubts plague everyone, because no one wants to give their money away. Sberbank can dispel doubts and reassure.

Sberbank accredited developers are reliable construction companies that have been on the market for a long time. Companies deliver their properties on time and eliminate inevitable defects in residential premises quickly and without litigation.

It is much easier for Sberbank to check the reputation of a particular developer than for a person who is buying an apartment for the first time. Therefore, a database of accredited new buildings allows you to minimize risks when purchasing a home.

Benefit for the bank

Of course, Sberbank also has its own benefits from accreditation of developers. A mortgage is a loan secured by housing. If there is no home, then there is no collateral. It follows from this that the bank has no guarantees that the money issued will be returned to it.

Interest rates of any size cannot in any way protect the bank from losses if the borrower loses a well-paid job and has no collateral.

Therefore, it is very important for the credit institution that the house be delivered on time, or better yet, even earlier.

In addition, it is important for the bank that the residential building is in good condition for the entire period for which the mortgage is issued. Thus, the interests of the bank and the borrower coincide.

You can find out the entire list of developers accredited by Sberbank at the “Real Estate from Leaders” exhibition, which will be held in Gostiny Dvor (Ilyinka, 4) from March 29 to April 1.

To get to the exhibition you need to register on the website, download a free ticket and print it.

Lending terms

Sberbank has created a special program for new buildings, which allows you to get a lower percentage than in other offers.

• interest rate from 9.5% per annum
• the minimum amount is 300,000 rubles
• the maximum amount is limited to 85% of the assessed value of the property
• the duration of the contract is no more than 30 years
• Maternity capital funds are accepted.