Every year the number of cars is only growing. In big cities, traffic jams constantly form, and what can we say about parking.

It is almost impossible to park a car near the house, and if you still manage to win a place for your car, then it is not a fact that nothing will happen to it. And constantly using paid parking is expensive and inconvenient. Buying a garage can solve all problems.

You no longer need to think about where to park, and you no longer have to worry that your car will be damaged by hooligans or even stolen. A garage will cost much less than paid parking; the only thing is that you will need to make contributions to the garage cooperative. Of course, this is an ideal option, but it also has its drawbacks.

How to quickly buy a garage?

The main disadvantage is the cost of the garage. Its price can be approximately the same as for a brand new foreign car or apartment. So this is an expensive pleasure, but if you calculate how much money is spent on paid parking, then buying a garage is quite appropriate.

It will take a long time to save for a “house” for a car, and you will need to limit yourself in some ways in order to save at least a small amount of money every month. If you definitely decide to buy, even despite its price, then taking out a loan for a garage would be a good option.

A financial institution will help you choose the most favorable loan terms that will fully meet the highest requirements.

If you have already saved up a certain amount of money to buy a garage, and you only need part of its cost, then you can take out a cash loan. In order for the bank to offer you good loan terms, you need to prove your creditworthiness, namely, provide all documents, including a certificate of income, it is advisable to find a guarantor and.

This option is suitable when you lack a small amount of money. And if you need a large amount, then it will be unprofitable to take a cash loan, since it is issued for a relatively short period, and you will have to pay high interest. Accordingly, the monthly payment may not be possible.

Garage with mortgage!

There is another interesting option. You can take out a mortgage on a garage, because it is also real estate. Unlike an apartment, you cannot register and live in it, but there is something in common between a garage and an apartment.

Financial institutions agree with this opinion, and therefore decided to provide such a service as a mortgage for a garage. This service can be found only in a few banks, but over time the demand for such a banking offer will increase and other financial institutions will get involved.

At the moment there are approximately 50.5 million cars on Russian roads. In recent years, 15 million car owners have appeared in the country. Some people think in advance about the safety of their car and save money not only for a car, but also for a garage. And in order to speed up the process and quickly get behind the wheel of a long-awaited car, more and more people are turning to financial institutions for a car loan and taking out a garage loan.

The conditions for taking out a mortgage for a garage are very similar to a regular mortgage loan. Among the financial institutions that have included the profitable purchase of a garage in their list of services is VTB24 Bank.

He offers to take out a loan for a maximum of 50 years at 16.35% per annum. But a period of 50 years is too long; there are few people willing to pay off the debt for a garage for half a century.

The interest rate is slightly higher than when buying a home. When buying an apartment, the bank offers from 13.1% per annum. This is explained by the fact that the service is still new and not much developed than home mortgages.

You can consider a slightly cheaper option - buy an unfinished garage. It is also possible to take out a loan or mortgage for such a garage; it does not matter to the financial institution what type of property it is, even if construction has not yet begun, but there is only space for development.

When applying for a loan. It can be half the amount of the cost if construction of the garage is just beginning. Or the down payment will be 30% if the construction of the garage is completed or almost completed.

Contact different banks, find out their conditions for issuing a loan for a garage or a mortgage. There is already competition among banks that provide such services, so you will find the most suitable option for yourself.

For example, the large financial institution Sberbank provides a mortgage loan under its own Garage program, the down payment will be only 10% of the full cost, and the interest rate is slightly different from VTB24 and is 13% per annum.

The bank will provide you with a loan for only 85% of the total cost of the garage. There are no additional fees when issuing a loan. The mortgage can be issued for a maximum of 30 years.

Where can I get a mortgage for a garage?

If you have chosen a bank from which you will take out a mortgage or a loan for a garage, and you have a plastic card from this bank on which your salary is paid, then you will be provided with special conditions for repaying the loan.

To apply for a loan, you can choose any currency: euros, US dollars or rubles. Some financial institutions require an insurance policy, but Sberbank does not.

A mandatory requirement for obtaining a mortgage loan will be insurance of the collateral, as well as a certificate from the employer stating that the borrower has been working for at least 6 months at the same enterprise. And over the past 5 years I have worked for at least a year. If these requirements are not met, the bank will refuse the loan. But there is a big plus for Sberbank - each application will be considered individually, taking into account all the nuances.

You can also contact a financial institution called Svyaz-Bank. He also offers a mortgage for the garage. The lending program is similar to that offered by Sberbank. The loan repayment period is from 3 to 10 years. The interest rate directly depends on the potential client and on the object, at what stage of construction it is located.

Svyaz-Bank employees will approach each client individually in order to offer the most favorable mortgage conditions. The rate will be affected by the loan term, down payment, income statements, credit history and much more.

To increase the loan term, you must submit a certificate of income in form 2NDFL. And also, thanks to the help, you can. But you can achieve a lower rate and increase the loan term by making a large down payment.

Soon, more banks will add the purchase of a garage on credit to their list of services, and then there will be greater competition among financial institutions, which will help consumers use this service on more favorable terms. In the meantime, buying a garage is expensive.

Not every car owner can purchase or build a reliable, high-quality garage for its storage due to lack of money. It is for this reason that many people consider making such a dream come true through a garage loan.

Buying a motorhome is not the most popular type of mortgage loan, so finding those single banks that offer this service is not easy. This loan is classified as a target loan, so the funds received can be used exclusively for the purchase of a motorhome.

With the annual increase in car sales to the population, the crime rate is growing: more and more lovers of quick money are trying to get the car itself or its contents at their disposal. How to protect your car? How to reduce the wear of its structural parts under the influence of precipitation, dust, insects, and animals?

Types of mortgage lending.

You can build a motorhome or build it yourself. The idea is not bad, but its implementation will require money. If they are not there, you will have to look for other options. For example, accumulate the required amount over a period of time. But often this path will take a lot of time. Then the optimal solution is to borrow money, but who should you ask from?

Contact your bank! This commercial institution offers clients good loan terms if the borrower is able to prove his creditworthiness by providing all the necessary documents, including a certificate of income. It is also advisable to select one or two guarantors and offer the bank property as collateral.

This is the optimal solution when a very small amount is not enough to purchase a motorhome.

If you have no money at all, it is better not to take a cash loan. It will be unprofitable due to the relatively short loan period and high interest rates for using loan funds. And not everyone can afford the size of the monthly payment.

Another viable option is mortgage lending. A mortgage for a garage is a special type of lending to individuals under conditions of urgency, repayment, and payment. It cannot be called overly widespread, since not every bank provides this service to the population.

However, if you wish, you can find those commercial institutions that are able to finance these purposes.

How to get

To get a loan for the construction of a garage, you need to collect the necessary package of documents and contact the bank that provides such services. First, experts recommend studying the banking sector and identifying the most profitable agreements for the purchase of a garage building.

Make a comparative description of the requirements that different banks put forward to borrowers.

Mortgage program “Garage”.

Write down the pros and cons of mortgages from different banking structures. This will make it possible to choose the best lending options and estimate the cost of a given loan, because not all commercial banking structures provide a mortgage for a garage under the same conditions. More on this below.

Conditions

If a commercial structure lends to a person, it puts forward certain requirements that the borrower must adhere to unquestioningly:

1. One of the main conditions that must be met in order to receive bail money is making a down payment. The size of the one-time payment varies by 30% or more, depending on the specific bank;
2. Repayment of funds received with interest must be made strictly within the deadlines specified by the bank. Most banks issue a mortgage for a garage building for a period of 10 years, some increase this period to 50 years;
3. The third condition is the maximum amount possible to receive. Almost all financial organizations limit it to 3,000 thousand rubles with an annuity method of repaying a mortgage loan. In other words, a mortgage for a garage is issued to the population with almost the same conditions as a regular mortgage loan.

List of documents

When taking out mortgage lending to purchase a motorhome, it is important to provide the lender with all the documents requested by him according to the list:

• application form from the borrower;
• application form of the mortgagor-legal entity;
• original passport of the borrower/co-borrower/guarantor/mortgagor;
• documents that act as direct evidence of the financial condition and employment of the borrower/co-borrower/guarantor;
• documentation on the collateral, if provided. If one of these items is missing, the bank has the right to refuse a person a loan.

What to do if refused

Bank credit conditions.

If the bank issues a refusal, what does this mean? This situation confirms that the lender considered the borrower to be insolvent and his level of income to be low. You can get out of this situation if you attract a sub-borrower under mortgage agreements and provide collateral. For example, excellent collateral for a mortgage loan is a car, house, etc.

Interest rates

The size of the annual rate on a credit loan determines the amount of the down payment and the term of the loan. Almost all banks adhere to the scheme - an inverse relationship between the mandatory payment and the rate.

For example:

• when applying for a loan for a period of 10 years with a one-time deposit of 15-30%, the rate will be from 14%;
• with a down payment of more than 30%, the rate will decrease to 13.75%;
• if the loan will be repaid to the lender over a longer period of time, the rate is calculated from 13.75% only with a 5% contribution from the cost of the garage.

Requirements for the borrower

Each commercial bank imposes certain requirements on its borrowers who take out a garage mortgage. If the person who wants to get a mortgage does not meet them, the lender has the right not to cooperate with him.

Mortgage loan under the “Garage” program.

1. The borrower's age is from 21 to 75 years at the time of full repayment of the mortgage to purchase a garage;
2. Official employment with existing work experience, at least six months, and at least one year of total experience;
3. If there is a spouse with whom the borrower is officially married, the couple acts as co-borrowers. The level of income and generally whether the spouse has it is not taken into account. The exception is those spouses who signed a prenuptial agreement upon marriage. The document must describe in detail the features of the property relationships of each family member.

It is extremely difficult to obtain a loan secured by a garage without confirming the borrower’s income level.

Mortgage for a garage

To obtain a loan for the purchase of a garage under the most favorable conditions, you should carefully study the offer of the banking sector and identify for yourself the most acceptable lending conditions for a particular bank. Let us describe the most popular commercial banking structures today engaged in mortgage lending to the population.

No down payment

Sometimes, people get a garage mortgage without having the funds to pay the down payment. This happens only when the client has an impeccable reputation, in the opinion of the banking structure.

For example, a bank issues a positive decision on a mortgage agreement if it has been serving the client for a long time with other types of lending without problems, confirms his impeccable reputation, and knows his credit history.

On a note! Without a fairly stable salary and extensive work experience with your current employer, it is almost impossible to get a mortgage without a down payment.

In Sberbank

If you need to draw up a loan agreement for the purchase of a garage, you should contact V Sberbank . This is one of the few banks that provides clients with fairly favorable lending conditions for such purposes.

How to get a loan for a garage from a bank?

At this time the conditions are as follows:

• the minimum down payment is 15% or more of the entire mortgage;
• the minimum amount under the mortgage agreement is 45 thousand rubles;
• The interest rate is 13% per annum and higher.

On a note! If the parking space purchased under a mortgage agreement is located inside a newly built building, then the amount of the down payment may be reduced. Other discounts and preferential lending conditions are available only to bank clients.

A Sberbank representative will carefully review the documents provided, analyze the borrower’s creditworthiness, and draw up a conclusion. If a person’s individual income is not enough, he may be offered to attract co-borrowers or guarantors.

In VTB 24

Many owners of VTB24 credit cards are interested in whether it is possible to take out a mortgage for the construction of a garage from this bank, is it worth taking it here? VneshTorgBank allows you to receive credit funds and spend them on the construction or purchase of a finished motorhome.

The bank's terms and conditions are:

• the amount of mandatory payment can vary from 30 to 40%, which corresponds to the annual rate - from 15.45 to 16.35%;
• when depositing from 40 to 60% of the loan amount, the bank can offer the client a rate from 14.95 to 15.85% per annum. The most favorable rates are available to clients who have contributed over 60%, namely from 11.9 to 15.05% per year;
• The maximum loan term is 25 years.

In other banks

We will describe the conditions for mortgage lending to the population of other banking institutions, for which we will compile a table. The conditions specified in it will allow you to evaluate the attractiveness of the contract in these commercial organizations for the population.

Bottom line

If you really want to buy or build a garage, but you don’t have your own capital for it, you can use a mortgage from a banking structure. Mortgage lending for a motorhome allows you to purchase or build a structure using loan funds on the terms of payment, urgency, and repayment.

How much loan can I expect?

The bank always approves the maximum amount that it can issue to the borrower and co-borrowers specified in the application form. However, the loan amount cannot be more than 85% of the value of the property you have chosen.

I was denied a loan. Why? What to do?

The bank does not explain the reasons for the refusal, as this would lead to the disclosure of the borrower assessment system, which is a commercial secret. There are potentially about twenty parameters of the borrower and co-borrowers that this system can rely on.

If the bank refuses you, you can reapply for a loan within the period specified in the accompanying text of the refusal. In some cases, you can reapply immediately.

How to increase your chances of getting a mortgage with a small official salary?

For example, you can apply for a loan with a certificate in the bank form instead of a 2-NDFL certificate. An income certificate in the form of a bank is an alternative document that is accepted by the bank as confirmation of the borrower’s income, but in which additional earnings can be taken into account.

I am an elderly person, will they give me a mortgage?

You can take out a mortgage until you turn 75 years old. For example, if you are 65 years old, you can take out a 10-year mortgage.

If I receive a salary on a Sberbank card?

Salary clients of Sberbank, depending on other loan conditions, may receive additional benefits. At the same time, benefits are available if any of the co-borrowers is a salary client.

· If over the past two months you have had at least one salary deposited onto your Sberbank card or account, you can receive a discount on your rate.

· If you have had your salary credited to your Sberbank card (account) in at least 4 of the last 6 months, you will not need to additionally upload an income certificate and a copy of your work record book.

How can I find out the overpayment on my future loan?

You can see the amount of overpayment by registering in your personal account. After registration, click on the calculation panel and you will see the overpayment diagram in the calculator.

Is it profitable to buy a life and health insurance policy for the borrower?

Life and health insurance in the insurance company Sberbank Life Insurance LLC or other companies accredited by Sberbank allows you to reduce the loan rate by 1%.

Considering the purchase of the policy, you will actually save about 0.5 percentage points on the rate. In addition to saving on the rate, the policy fulfills its immediate purpose - the insurance company will pay the bank the balance of the debt on your mortgage loan upon the occurrence of an insured event (disability or death).

I am a citizen of another country, can I get a mortgage?

Mortgages from Sberbank are issued only to Russian citizens.

Who can be a co-borrower?

Most often, co-borrowers are relatives of the main borrower - spouse, parents, children, brothers and sisters. In total, you can attract up to 6 co-borrowers. If you are married, your spouse must be a required co-borrower. Exceptions are possible if a marriage contract is concluded between the spouses.

For example, to increase the chances of receiving a larger amount upon approval, you can attract co-borrowers - participants in salary projects. And when applying for a loan, you can note that you do not want to take into account the solvency of the co-borrower. This will reduce the list of required documents, but may reduce the maximum approved amount.

How to use maternity capital for a mortgage?

You can use maternity capital funds in whole or in part as a down payment when obtaining a mortgage. You can use only maternity capital or the sum of maternity capital and own funds. For the minimum down payment amount, we recommend using the DomClick calculator.

When using maternity capital funds, it is important to agree with the seller on the procedure and deadline for receiving maternity capital funds, since this amount is not transferred from the Pension Fund immediately.

Also, maternity capital funds can be used for early repayment of an existing loan.

What additional costs will there be when applying for a mortgage?

Depending on the type of property and the selected set of services, when applying for a loan you will need to pay:

· Evaluation report – from 2,000₽ depending on the region and appraisal company (required for assessing the collateral);

· Insurance of the collateral (for the purchased apartment) - directly depends on the size of the loan;

· Life and health insurance of the borrower (not mandatory, but reduces the loan rate) - directly depends on the size of the loan;

· The state fee for registering a transaction in Rosreestr is 2,000₽ at independent registration or 1,400 ₽ for electronic registration instrations (this is an additional service and is paid separately);

· Renting a safe deposit box and paying for access to it (when buying a secondary home for cash) or paying for a secure payment service - from 2,000₽ .

The cost of services is approximate. Check the exact cost on the websites of the relevant services.

What is better: new building or resale?

As a rule, an apartment or apartments in a new building are purchased directly from the developer, while resale apartments are purchased from the previous owner.

No one lived in the new building before you, the price per square meter is less than that of an apartment of the same class in the secondary market, there are promotions from developers, more modern layouts, however, you will not be able to quickly register at your place of residence, the elevator and gas will not be turned on until Most of the residents will not move in; most likely, they will have to wait for the development of infrastructure and the completion of repairs from the neighbors.

As a rule, you can move into a secondary property and register immediately after purchase; the infrastructure around it is already developed, however, most likely you will have to be content with a standard layout, worn-out communications, and you will need to check the legal purity of the property and the parties to the transaction.

What is the processing time for a loan application?

Review of the application does not exceed two days, but most clients receive approval on the day of application.

How does the process of obtaining a mortgage from Sberbank through DomClick work?

Depending on the type of property and other parameters, the process of obtaining a mortgage may vary.

However, the first stage is the same for everyone - submitting an application for a loan. To apply, calculate the loan using the DomClick calculator, register on the website, fill out the form and attach the necessary documents. Review of the application does not exceed two days, but most clients receive approval on the day of application.

If you have not yet selected a property, you can start doing so immediately after receiving approval from the bank, when you find out the maximum loan amount for you.

When the property has been selected, upload the necessary documents in your DomClick account.

Within 3-5 days you will be informed about the approval of the property you have chosen. You can choose a convenient date for the transaction, which is carried out at the Sberbank mortgage lending center.

The last stage is registration of the transaction in Rosreestr. Congratulations, you're done!

Why register on DomClick?

After registration, you will have access to a consultant’s help in the chat and a borrower’s questionnaire. Registration allows you to save your data so that you can return to filling out the application at any time. After receiving loan approval in the borrower’s personal account, you will be able to communicate with your manager, send documents to the bank online and receive the services necessary to obtain a mortgage.

How do I find out the bank's decision?

Immediately after consideration of your application, you will receive an SMS with the bank's decision. A bank employee will also call you.

A mortgage for a garage and parking space at Sberbank is a targeted loan that allows the borrower to solve the problem of parking his car. Let's take a closer look at the program conditions and design features.

You can buy a parking space for a car using borrowed funds from Sberbank under the following conditions:

• loan term – no more than 30 years;
• share of the down payment – ​​from 25% of the market price of the property;
• loan amount – no more than 75% of the value of the collateral (the amount is specified individually for each client).

Loan collateral can be:

• pledge of the purchased garage/parking space;
• pledge of any other real estate owned by the borrower, comparable to the loan amount;
• guarantee of third parties.

If the amount of borrowed funds under the loan agreement does not exceed 1.5 million rubles, then the bank may agree to one guarantee from an individual who meets the solvency requirements. No deposit is required here.

If the amount is more than 1.5 million rubles, then a deposit will be required.

Also an important condition for approval of a loan application is the mandatory purchase of a property insurance policy for the entire period of repayment of debt to the bank. In case of refusal of such a service, the bank has the right to refuse to issue a loan.

Interest rate

For the product in question, the base interest rate applies to categories of clients receiving wages into an account with Sberbank - 10.3% per annum.

In addition, the following surcharges apply:

• +0.5 p.p. – if the borrower is not a participant in the bank’s salary project;
• + 1 p.p. – in case of refusal of the client’s personal insurance (his health and life);
• +1 p.p. – is established for the period until the registration of the transaction to encumber the pledged object.

The percentage shown is comparable to standard mortgage products. Taking out such a loan will be much more profitable than a regular consumer loan, for which the rates are significantly higher.

What can you buy?

Since the loan is of a targeted nature, the loan agreement will clearly state the purpose of the borrowed funds. Accordingly, the bank will transfer the established amount to the account of the seller of the purchased property. No cash payments are allowed.

The purpose of obtaining the loan in question may be to purchase:

1. Garage.
2. Car spaces (usually a parking space in the underground parking of modern residential complexes).
3. Garage with land.

NOTE! If a garage with land underneath is purchased, the mortgage will be issued on two objects at once: the building and the plot.

You can also submit an application in order to receive the necessary amount to build your own garage. True, in this case you need to be prepared for the fact that the credit institution will carefully check the target expenditure of the money provided.

Requirements for the borrower

Requirements for potential borrowers are a standard list applicable to most Sberbank loan products. Among them:

• age limit – from 21 to 75 years;
• availability of stable employment with work experience in the last place of at least six months and one year in total;
• sufficient solvency to timely service debt;
• positive credit history;
• citizenship of the Russian Federation.

If a garage is purchased by a legally married borrower, the spouse automatically becomes a title co-borrower, subject to the same requirements as the main borrower.

How to apply for a mortgage for a garage and parking space at Sberbank

You can apply for a mortgage for a garage and parking space at a convenient bank branch authorized to accept such applications. It is acceptable to submit an application online through the lender’s official website.

To submit, you must prepare the necessary package of papers in advance and fill out and personally sign the application form at the bank office. Before this procedure, it is recommended to consult with a bank manager about the details and conditions of the loan, as well as obtaining preliminary calculations for future payments and overpayments.

You can check here.

The procedure for obtaining a mortgage at Sberbank

The procedure for applying for a loan to purchase a parking space or garage includes the following main steps:

1. Search for the object to be purchased (it is worth deciding in advance what type of parking space for the car will be purchased).
2. Concluding a preliminary purchase and sale agreement with the owner, in which it is necessary to specify the terms of payment using a loan and the timing of registration of the transaction (it is better to immediately warn the seller that it is planned to issue a targeted loan and a non-cash payment scheme).
3. Collection and preparation of a set of papers (if a secondary object is purchased, an appraisal from an accredited appraisal company will be required).
4. Submitting a loan application at the selected bank branch.
5. Consideration of the application and submission to the Credit Committee for discussion (each application is considered on average 2-7 working days).
6. Concluding a loan agreement and a security agreement (mortgage or guarantee).
7. Payment of the down payment (at least 25% of the price of the parking space or garage is paid by the borrower by transfer to the seller’s bank account).
8. Encumbrance of the collateral object in the Registration Chamber or MFC (in case of a bank requirement to transfer the purchased object as collateral).
9. Final settlement between the bank and the seller (also non-cash).

IMPORTANT! If Sberbank has approved a client’s loan for the construction of his own garage, then he will need to provide a drawing (plan) of the future construction, an estimate as close to reality as possible, and detailed information about the contractor being hired. The information provided will be analyzed by the bank taking into account reliability and possible risks.

Mortgage insurance

According to Russian legislation, for any lending products that involve the transfer of purchased real estate as collateral to the bank, only property insurance is mandatory. Such an insurance policy protects the object from loss and damage, and, accordingly, minimizes the potential risks of the lender.

The bank may recommend purchasing personal insurance at the same time and protecting your life and health from possible negative factors. It is not mandatory. However, like any other lender, if Sberbank refuses to purchase it, it will automatically increase the base interest rate by 1 percentage point.

Any pressure in this matter and an indication that in case of refusal a negative decision will be made will be illegal.

The insurance product you are interested in can be purchased at Sberbank Insurance.

Electronic mortgage registration

More recently, an electronic transaction registration service became available to Sberbank clients applying for loans secured by real estate. The bottom line is this:

• The borrower is assigned a personal manager who will prepare a package of documents necessary for the transaction and send them electronically to Rosreestr;
• the registration authority will accept the package of papers and begin registration;
• If the outcome is positive, the client will receive documents with a state registration mark by email (extract from the Unified State Register of Real Estate and a purchase and sale agreement).

The package of documents submitted for registration includes a copy of the borrower’s passport, a signed loan agreement and a mortgage agreement. The entire procedure takes place without any participation of the borrower, since the manager himself interacts with Rosreestr. The time frame for electronic registration is significantly shorter than a standard transaction.

The service in question is paid. The commission amount ranges from 5,550 to 10,250 rubles, depending on the region and type of collateral.

Discussed in detail in a special post. Be sure to evaluate the pros and cons of this procedure.

Payment and early repayment

Repayment of debt on an issued loan is carried out in accordance with the monthly payment schedule, which is an integral part of the concluded loan agreement. Each interest period, the client is obliged to make the next payment in a strictly specified amount no later than the designated date. The payment scheme used is equal monthly (annuity) payments.

Payment can be made via:

• Internet banking (Sberbank-Online);
• cash desk of any bank branch;
• payment terminals and ATMs of Sberbank;
• transfer from third party bank accounts;
• terminals and ATMs of other credit institutions;
• Russian post office;
• available translation services (Zolotaya Korona, Unistream, etc.);
• payment terminals Qiwi, Eleksnet, etc.

It is important to know that any third-party methods of transferring money to the borrower’s loan account can take up to 5 business days to credit funds. Therefore, such transfers should be sent in advance.

Each client, if possible, has the right to repay his debt ahead of schedule. There are no commissions, prohibitions or additional payments. To do this, you will need to write an application in any form addressed to the head of the bank’s structural unit and indicate the date of the upcoming payment and the amount of the deposited amount.

If an early partial payment is made, the amount of accrued interest will be recalculated in favor of the client (downwards).

A loan for a garage or parking space at Sberbank allows those who wish to receive favorable lending conditions. Funds are allocated for a period of up to 30 years at a rate of 11.6% per annum with a one-time payment of at least 25% of the amount of the purchased object.

We remind you that you can sign up for a free consultation and assistance with paperwork as part of a free consultation with a specialist. Sign up in a special form on our website. We will call you back.

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After purchasing a home, the question often arises of where to store the car. Therefore, there is a need to purchase or build a garage. For these purposes, VTB24 Bank offers a “Garage Mortgage” loan.

Conditions

Money for the construction or purchase of a finished garage can be received in Russian or foreign currency, in the amount of 300,000 to 3,000,000 rubles. Considering the difference in the cost of garages in different cities, a resident of each locality can choose a loan based on the price of the building in a particular case.

The agreement with the Bank is concluded for a period of up to fifty years. This is enough to return even a large amount. At the same time, it is important for many people to have the opportunity to return funds received from the Bank early. And this opportunity is provided at VTB24 without restrictions or sanctions.

This program has a specific feature: the garage can be purchased not only separately, but also together with the apartment. In the latter case, the loan is issued simultaneously with a mortgage for the purchase of housing.

To apply for a loan, an initial payment of at least 30%-40% of the price of a garage in an underground complex and at least 40%-50% of the price of a structure built on the ground is required.

There is no fee for issuing a loan or servicing it, which makes the loan more attractive because it does not create additional costs for the client.

The collateral for the loan is the registration of a mortgage on the purchased garage.

The interest rate varies depending on the currency in which the loan is taken, whether a garage is purchased in a new complex or on the secondary market, and also on whether the client chooses a fixed or variable rate.

If a garage is purchased in a new complex, then until it is built, the rate is subject to increase by an amount not exceeding 2.5% in the interests of the Bank.

Fixed rates
For loans in domestic currency
Loan amount	Duration no more than 7 years	Duration no more than 15 years		Duration no more than 20 years
Less than 40%	14,95%	15,3%		15,6%
From 30% to 40%	15,2%	15,55%		15,85%
For loans in foreign currency
From 40%				11,5%
Variable or combined rates (domestic currency only)
Loan amount	Duration of the moratorium on rate changes
	1 year	3 years	5 years		20 years
Less than 40%	14,45%	14,7%	14,95%		CP+6.25%
From 30% to 40%	14,7%	15%	15,2%		CP+6.75%

These rates are applied in cases where the client has a concluded agreement to insure the client’s life and his ability to work or insure the purchased garage (collateral) against the risks of its loss, damage or loss of ownership due to various reasons. If there is no such garage, then the interest rate is subject to increase by 1%.

The specific interest rate in each case is calculated taking into account the level of welfare of the borrower and is indicated in the contract.

Documentation

The package of documents varies depending on the category to which the person taking the loan belongs.

Thus, the following documents are required:

1. For individuals who work on the basis of an employment contract:

• Required documents:

— copies taken from all pages of the document that verifies the identity of the borrower (and the guarantor, if any);

- passport;

- for citizens of other states - documentary proof of identity (2 documents) and legality of stay, as well as employment in Russia;

- for men who have not reached the age of 27 years - a military registration document;

— a copy of the driver’s license (if you have one);

— a copy taken from the work record book (must be certified by the employer);

— a certificate issued at the place of work in form 2-NDFL for the previous calendar year and for the past months of the previous year;

— a copy taken from the tax return for the previous tax period (it must have a mark from a tax authority employee);

— a copy taken from the employment contract (if it is concluded).

• Additional documents:

— a copy of the document that confirms the presence of registration at the place of actual residence of the client or the person acting as the guarantor;

— a copy of the commercial rental agreement (if concluded);

— copies of documents confirming the availability of education, advanced training, information about the type of professional activity of the organization that is the employer for the client;

— documentary evidence of employment and income level;

— documentary evidence of the borrower’s obligations that, as of the date of application to the Bank, have not been fulfilled (credit, guarantee and others);

— a certificate from the creditor indicating the amount of the debt balance and the characteristics of the client’s fulfillment of his obligations;

— documentary evidence of the client’s credit history;

— information about the client’s assets (agreements, certificates of ownership);

— documents relating to open accounts in credit institutions;

- for clients who are affiliates of organizations - copies of the constituent documents of the relevant companies (certified by the organization’s seal);

1. For clients who are business owners:

• Required documents:

- passport of a citizen of Russia or another state and copies taken from all its pages;

— for persons who are citizens of other states — confirmation of the legality of stay and employment in Russia;

- for men who have not reached the age of 27 years - military registration documents;

— driver’s license – if available;

— a copy of the pages of the work book, which is certified by the employer’s seal;

— a certificate about the amount of income received by the client during the previous year and the past months of the current year (the form of the certificate is subject to agreement with the Bank);

— an extract provided from the Unified State Register of Legal Entities, received no earlier than 45 days before presentation to the Bank;

— statements from credit institutions in which a legal entity has current accounts, reflecting turnover for periods ranging from six months to one year (applications for statements must be submitted no earlier than 45 days before contacting the Bank);

— documentary evidence of credit history (in copies);

— documents on the current obligations of the legal entity, the status of receivables and payables;

— copies of the balance sheet and profit and loss report for the previous year and as of the last date of the report;

- if there are licenses or certificates, patents - their copies, which are certified by the seal of the legal entity and the signature of the manager;

• Additional documents:

— a copy of documents confirming the temporary registration of the borrower or guarantor (if any);

— a copy of the pages of the commercial rental agreement for residential premises;

— information about the company’s assets (property documents, contracts);

— statements from bank accounts of a legal entity;

— documentary confirmation of the borrower’s obligations relevant as of the date of application to the Bank, information on the amount of the balance of outstanding debt - if any;

— documentary evidence of the client’s credit history with characteristics of his fulfillment of his obligations.

1. Documents relating to the real estate property:

• Documentary confirmation of rights to the object;
• A copy taken from the cadastral passport;
• A copy taken from an extract from the house register, or a copy of the pages of another document confirming the number of persons registered in the residential premises;
• A copy taken from the financial and personal account statement;
• Documents on transactions of inheritance or donation completed with the object;
• Copies of documents that verify the identity of the sellers of the property;
• If the property is sold by a legal entity, the following is required:

— copies of constituent documents, amendments and additions to them;

— a copy of the document confirming the state registration of a legal entity;

— a copy of a document confirming the registration of a legal entity with the tax authority,

— a copy of the certificate of assignment of OGRN;

— documentary evidence of the authority of the company representative (constituent documents, order appointing a manager, power of attorney);

• A report on the value of an object determined based on the results of the assessment.

If the client intends to buy a finished residential property in another city, the following is required:

• Having an account with the Bank;
• Determining the method of transferring the down payment amount (using a current or deposit account or otherwise);
• Obtaining consent from the insurance company to draw up an insurance contract.

In the city where you plan to purchase housing, you are required to have the following documents with you:

• Passport;
• Notification that a mortgage loan has been obtained by the client;
• A copy taken from the pages of the document that verifies the identity of the guarantor;
• Notarized consent of the spouse for the purchase of residential premises and the execution of a mortgage agreement (pledge) on it;
• Marriage agreement – ​​if available;
• Certificate of marriage or divorce;
• The first copy of the agreement for opening a current or deposit account;
• A document confirming the change of the client’s last name, first name or patronymic (if such a change has taken place).

The requirements for the borrower are standard: at least 21 years of age, permanent employment and source of income.

Competitors

Loans for the purchase of a garage are issued by banks such as Sberbank of Russia, Bank of Moscow and Svyaz-Bank.

Sberbank of Russia operates the Garage program. Money can be taken in rubles, dollars or euros in an amount not exceeding 85% of the cost of the garage being purchased. There are no fees when issuing or servicing a loan. The repayment period for funds received can be up to thirty years. A Bank pledge is issued for the purchased object. The collateral – the garage – is necessarily insured against the risks of loss and damage. The interest rate, taking into account the currency of the loan and the duration of the agreement with the Bank, can range from 12.5% ​​to 13.5% per annum, which is lower than at VTB24 Bank. For clients who receive wages into an account with the Bank or work for an organization accredited by Sberbank, rates are reduced by 0.5% -1%. Until a lien is issued on the property, the rate is subject to an increase of 1%. A down payment of at least 10% of the garage price is required. Requirements for clients include being at least 21 years old at the time of contacting the Bank and not older than 75 years as of the date of full refund, as well as having a work experience of at least six months at the current place of employment and at least one year in total during the previous five years. The requirement for total length of service does not apply to persons participating in the salary project.

Gazprombank operates a “Mortgage Lending Program for the Purchase of a Garage (Parking Space),” which involves issuing loans in rubles or foreign currency, the intended purpose of which is limited. Thus, the borrowed money can only be spent on purchasing a garage or space for a car in a complex under construction, which makes it impossible to purchase a ready-made garage. The minimum loan amount is 50,000 rubles, but cannot be less than 15% of the price of the garage, and the maximum loan amount is 3,000,000 rubles or an equivalent amount in foreign currency. The down payment when drawing up a contract must be at least 30% of the price of the garage. The interest rate can range from 11% to 15%. Depending on the currency and the amount of contribution made by the client. For issuing and servicing a loan, commissions are charged at the rates established by the Bank. The security is the registration of a mortgage on the purchased garage. The collateral is insured. The loan amount is repaid in equal or differentiated payments, but can be repaid before the due date without restrictions.

At Svyaz-Bank you can borrow money to buy a garage as part of the “Your Garage” program. The purpose of the loan is to purchase both a garage and a car space in an underground parking lot. Funds are issued in rubles, dollars or euros in the amount of 400,000 to 3,000,000 rubles or an equivalent amount in other monetary units. The term of the agreement with the Bank can range from three to thirty years. The interest rate depends on the size of the down payment made by the client, the form of confirmation by the borrower of his income and the client’s credit history, which must be positive. Taking into account these factors, the rate can be equal to from 12.2% to 14.3% per annum. The down payment can range from 0 to 90% of the cost of the garage. The repayment of the loan is secured by the registration of a mortgage on the residential premises that the client already has or is purchased at the same time as the garage. It is envisaged to conclude life and disability insurance contracts for the client, as well as for the collateral. If you refuse insurance, the rate is subject to an increase of 0.5%. Fees are charged for the provision and servicing of the loan in accordance with the Bank's tariffs. You can refuse to pay these commissions, but the interest rate upon refusal is subject to an increase of 0.2%. The borrowed money is returned in equal periodic payments. The loan amount can be repaid ahead of schedule without restrictions or adverse consequences. The borrower must be at least 21 years old at the time of applying for a loan, and no more than 65 years old at the time of repayment.