How is the mortgage repayable at the expense of the state?

Anyone can have unforeseen situations. Often they are associated with a decrease in incomes, which affects many areas of human life. If there are credit obligations, for example, a mortgage, then you have to save a lot. You also need to look for methods of paying the loan. It is now possible to repay the mortgage at the expense of the state, if the decrease in income is due to objective reasons. This allows you to save housing purchased on credit. The rules of the program will be described in the article.

Resolution

The norm is spelled out in Government Decision No. 373, which is effective from July 23, 2015. Later, the document was amended, and the new edition is effective from 07.12.2015. It was introduced by presidential decree №1331. The last edition took into account all the defects that were in the previous draft.

The mortgage repayment program at the expense of the state assumes:

• Reduction of debt by 600 thousand rubles;
• Conversion of a loan issued in foreign currency on the basis of CBR rates;
• Decrease in regular payments up to 18 months.

Compensation

The position of the borrower must be taken into account before the method of payment of the debt is chosen. Sometimes the compensation of 10 and 20% of the principal is chosen. Initially, the debt was reduced by 10%. As of 12.12.2016, already 20% have already been compensated.

For example, the client has a loan of 5 million rubles. Of these, he paid 3 million. It turns out that the balance is 2 million rubles, of which 20% (400 thousand rubles) will be paid by the state.

Writing off to 600 thousand rubles

Perhaps a partial repayment of the mortgage at the expense of the state. 600 thousand rubles is the maximum amount that is paid by the state on account of debt. At the same time the price of real estate should be above 8 million rubles, since the first payment of 20% of the cost is mandatory at the time of mortgage registration.

Birth of a child

There is a repayment of the mortgage at the expense of the state at the birth of the child. After the appearance of the firstborn and the second baby, you can get compensation for 18 square meters. Meters. And with the birth of the third child, the whole mortgage is paid.

How is the mortgage repayable at the expense of the state? To get a debt cancellation with the birth of a child, you must visit the Pension Fund of the Russian Federation. This body is provided with:

• Maternity capital certificate;
• Birth certificates of babies;
• Marriage document;
• A mortgage agreement;
• Confirmation of ownership;
• Certificate of the balance of debt.

It is necessary to make copies of documents, but you still need to take the originals with you. After checking the funds come in payment of debt, and the mortgage is closed. Such an opportunity is available to families who formalized the contract on the state program. If another type of loan was received, then it must be reissued to receive such benefits.

Decrease in income

To make out the repayment of a mortgage at the expense of the state because of a decrease in income, it is necessary to confirm a decrease in the level of material prosperity. This can be a reduction in wages by at least 30%. The borrower must submit an application for restructuring 3 months after the reduction of income.

There is another reason why it is possible to repay a mortgage at the expense of the state. This is a loan in foreign currency. State support is granted if, following a change in the exchange rate, the payment increased by 30% without increasing revenues. The increase in costs is equal to the decrease in wages.

The participants

Who can expect to repay the mortgage at the expense of the state? 2016, like 2015, allowed to formalize such benefits to the following categories of citizens:

• A young family with a child under the age of 18;
• Family with 2 children;
• A family where the child or parents are disabled;
• The presence of a dependent to 24 years of age, who has no official income;
• Civil servants;
• Workers of the city-forming enterprise ;
• Participants in government programs;
• Employees of the innovation sphere;
• Former participants in the fighting;
• Employees of the RAS institutions, the Academy of Sciences and scientists.

Only persons of these categories must apply for participation in the program.

Requirements for real estate

There are several requirements that make it possible to pay off the mortgage at the expense of the state. 2017, as well as in 2016, did not become an exemption for exemptions. Benefits are granted on the basis of the following conditions:

• Real estate is the only housing or not more than 50% of the share in another facility;
• Cost of 1 square. M. Should be less than 60% of the average property price;
• The juridical purity of the object is important.

Housing must meet the requirements for the area. If the borrower lives there alone, then the object should not be more than 50 square meters. For living 2 people the limit is 35 meters for each. The whole area is not more than 70 meters. If the tenants are three, then the requirement for the object is up to 100 square meters. M.

Income Requirements

Requirements are not only to real estate, but also to incomes of borrowers. In 2017, the innovation began to operate. The client can receive benefits if his personal or family income has decreased. The deterioration of the financial situation is indicated by the balance after payment of the contribution. If it is below 2 subsistence minimums, then the borrower has the right to issue a mortgage repayment at the expense of the state.

In Moscow, the cost of living is:

• 17 000 rubles - for adults working;
• 13 000 for children;
• 11 000 - for pensioners.

The borrower, who wants to take advantage of the support, should not have the status of bankrupt by the court decision. You can participate in the program if you have a targeted loan. In this case, the delay should be within 30 - 120 days.

agreement date

According to the first wording of document No. 373, customers who have issued loans before 2015 have the right to draw up the repayment of the debt on the mortgage at the expense of the state. In the next resolution, nothing is said about this. Only the time from the execution of the contract to seeking help is determined. It must be at least 1 year.

Procedure in the Savings Bank

Such services are available in all banks. Many have a mortgage in Sberbank, because there are favorable conditions. In order to receive compensation guaranteed by the state program, it is necessary to perform the following actions:

• Come to Sberbank;
• Consult a specialist about the possibility of registering a benefit, and also take a sample of writing an application;
• Write a statement, collect documents;
• Get help;
• Transfer the documentation to the bank.

After this, we should expect AHML's decision. If the result is positive, then the funds are transferred to the account, due to which the amount of debt is reduced. The client must sign a contract with the bank, which specifies the terms of the transaction. Then the mortgage is adjusted, it is carried out with Rosreestr and the bank.

Required documents

The Borrower shall provide the following list of documents:

• passport;
• Confirmation of the right to participate in the program: income statements;
• A copy of the work record book, certified by a notary;
• Certificate of marriage or its dissolution;
• The birth certificate of the child;
• Paper on real estate
• Contract of participation in shared construction;
• An extract from the Unified State Register.

The list of securities can be changed. In addition, documents about the disability of the client or his children, about participation in hostilities may be required. For the fulfillment of other conditions stipulated in the contract, the borrower is responsible independently. These include life and real estate insurance.

Federal programs

Since 2011, Russian citizens can join the program, which allows you to carry out debt restructuring. It works for young families. It reduces the financial obligation.

Participants must meet several conditions:

• Age - up to 35 years;
• Per person is not more than 15 square meters. Meters of housing;
• Availability of funds for the fulfillment of loan obligations;
• Proof of participation in the provision of housing for social gain.

Payment of compensation will be a great help to the family. Although for some, the amount will be small, given the cost of housing, yet it saves a lot of money. Therefore, if you meet all the requirements, you must necessarily participate in such a program, it is extremely unreasonable to refuse such assistance.

Nuances

Naturally, in this issue you can not do without the pitfalls:

• Lenders can not take money from customers for the restructuring procedure;
• Even with the program, the client needs to make payments, and this does not save fines;
• The creditor can forgive fines in full or in part, if this is due to deterioration of the financial situation of the client;
• The client continues to be responsible for property insurance, health, as indicated in the mortgage agreement;
• The application for restructuring is considered within the terms approved by the credit organization;
• The subsidy is not provided to the borrower, the funds are transferred to the bank, which makes it possible to avoid wasting money for other purposes;
• If after receipt of the mortgage there is another 1 child, then help is provided to 5% of the amount;
• With participation in the program a certificate is issued;
• The mortgage can be executed not only in the Savings Bank, but also in other banks of the country;
• You can use the help only once.

Repaying a part of the mortgage by the state will be an excellent help for borrowers. It is necessary to collect the necessary documents, and wait for the decision. Previously, a specialist should consult about the chances of participating in the program. Sometimes some nuances can influence the decision of the commission, so it is important to make sure that you meet all the requirements for the participant of this program. Be a little stubborn, and you will certainly achieve the goal! The state takes care of its citizens and makes everything possible for their comfort!