How can a young family receive 450 thousand rubles for housing from the state?

There are several government programs in Russia that help families with children improve their living conditions. One of them involves paying a subsidy in the amount of 450 thousand rubles to pay off the mortgage. Families in which or next child was born or adopted in 2019-2022 . If these conditions are met, you need to contact the bank where the loan was issued with an application and a package of documents.

Thus, the state helps a large family repay part of the mortgage debt in the amount of 450,000 rubles. or less (if the amount of the remaining debt is less than the subsidy amount). The housing loan is fully repaid only if the balance of the debt does not exceed 450 thousand. You can’t get this money in your hands; they don’t give you free apartments under this program either.

Most government programs under which large financial assistance can be received are aimed at improving living conditions . After all, the problem of housing is one of the most pressing for Russian families. Even with a stable income, not all Russians are able to provide themselves with their own housing. The situation becomes even more tense after the birth of children.

Who can get 450 thousand for a mortgage

Persons who had a third or subsequent child in 2021.

The law was adopted in September 2021, but it has retroactive effect - a separate comment was given on this issue. Therefore, the birth of a baby in January 2019 is acceptable and allows you to apply for government assistance.

Is 450 thousand only given to families with many children?

By law, families with three or more minor
children are considered to have many children.

A subsidy of 450,000 is given if the third/subsequent child is born in 2021 or later. The first child may be an adult by then.

For example, a mother gave birth to her first child at 18 years old, and her third at 37. A family with many children will not have the status of a large family. And he can get 450 thousand to pay off the mortgage.

They will definitely not approve subsidies for families with less than 3 children. It is better for them to take advantage of other government support programs (scroll down the article to see all the links to relevant materials).

Is it possible to get 450 thousand subsidies for an adopted child?

Yes. But the adopted baby must be born in 2021 or later.

Is the money due if the children are from different marriages?

Yes. But it is the parent of these children who must apply for subsidies. For example, if a woman has 2 children from her first marriage, and a 3rd child from her second, she must be the borrower or co-borrower on the mortgage loan, and she must also apply.

What if I’m just going to take out a mortgage and then have a baby?

You will still be able to get 450 thousand to pay off the mortgage. The law allows the birth of a third and subsequent child after purchasing a mortgaged home.

What kind of program?

In the summer of 2021, a law was passed according to which a large family will be able to use part of the money from the country’s budget to pay off its mortgage. Now this law applies to families in which the third and subsequent children were born between January 1, 2021 and December 31, 2022.

You cannot receive this amount in your hands, nor can you pay off other debts or loans. Even if a loan was taken out to buy a house, it does not fall under the program. If the existing mortgage debt is less than 450,000 rubles, then the mortgage will be closed, but no one will pay the rest to the family. If it’s more, then the family will have to pay almost half a million less.

The mortgage agreement must be concluded before July 1, 2023. If it’s earlier, it’s not scary. Even if you took out a mortgage in 2010, and your third baby was born in 2021, you are still entitled to take advantage of the subsidy.

It can even be used to pay off debt in foreign currency. The bank itself will recalculate the debt at the rate on the repayment date, people will not have to do anything.

You can read more about this law in official documents, for example, in the Guarantor - https://base.garant.ru/72285782/.

Will they really give 450 thousand?

450,000 is the maximum possible amount.

If the debt is less, the amount required to fully repay the loan will be transferred to the account.

Which schemes will NOT work?

• get "extra" money in cash
• spend on other purposes
• use it to pay off another loan (even a mortgage)

IMPORTANT

The subsidies are used to pay off the “body” of the debt.
If there are funds left from 450,000 after this, they will be used to pay off interest. The body of the debt is the amount on which interest is accrued (i.e., money actually borrowed from the bank).

This scheme is most beneficial for borrowers, since it allows them to reduce both the final overpayment and monthly payments.

For which mortgage loan will a subsidy be approved?

The loan must be issued specifically for the purchase of real estate . For example, if a borrower took out a consumer loan and bought a house, he will not receive 450 thousand. Because the loan is not a mortgage.

The purchased “object” can be:

• new building or secondary
• purchased from an individual or legal entity
• an apartment in a finished/under-construction building
• a country house on land category individual housing construction
• plot for individual housing construction (on individual housing construction lands)

IMPORTANT

Housing under construction means a multi-storey building under construction.
Even if the loan was obtained as security for a plot of land and you started building a house, the program does not apply to the country real estate properties you have built. But if you bought a finished house, you can submit an application.

At the beginning of June, the Government of the Russian Federation announced amendments to the Resolution that were being prepared. It is expected that the list of permitted objects will be expanded. But for now these are just plans.

Will they give 450,000 to pay off the mortgage if there was refinancing?

Yes. Refinancing is not a reason to refuse.

What types of loans are suitable for debt repayment?

Payment can be received if a loan is taken out for the purchase of finished housing (for example, an apartment, room or residential building) under a purchase and sale agreement or under an agreement for participation in shared construction. Those who purchase land for individual housing construction can also count on the payment.

However, the payment cannot be used to repay a consumer loan (for example, for repairs, purchase of a car, equipment, etc.), a loan for the construction of a private house or the purchase of commercial real estate.

Required set of documents

• Passport, SNILS and consent to data processing on the part of the borrower
• Birth certificates (with notarized copies) + SNILS for all children
• Passports of children over 14 years of age
• Consent to data processing on behalf of children (parents sign the consent of children under 18 years of age)
• Documents confirming that you are a parent (if this does not appear on the birth certificate)
• Application for repayment of loan debt
• Loan agreement
• Documents confirming the purchase of housing

The official application form for a large family to receive 450 thousand for a third child to pay off the mortgage can be downloaded here.

Additional documents

For adopted children, it is also necessary to provide all documents confirming the fact of adoption (certificate, etc.).
If there was a refinancing , in addition to the current loan agreement, you must provide the original one.

The application for debt repayment is submitted to the bank to which you currently have a debt (i.e., where you refinanced).

Who is entitled to 450 thousand rubles that can be used

This subsidy can be used only once, in relation to only one loan agreement. Children can also be counted only once. That is, if the parents are divorced and have two children, and new children have appeared in the new marriage, then only one of the parents can indicate common children in the application for a subsidy. Whoever does this first and collects the documents will receive a subsidy.

Important details:

• You don’t have to be married - you can receive compensation if you are divorced or a single parent;
• This is not maternity capital, these are different subsidies, they can be used simultaneously;
• a deceased child will also be considered; a death certificate must be provided;
• children under guardianship are not taken into account, only relatives and adopted children;
• the status of a large family is not required, older children can be adults;
• it will not be possible to apply for a subsidy if any of the 3 children have been deprived of parental rights or the adoption has been cancelled;
• parent and children must be citizens of the Russian Federation;
• Residential space that has been refinanced under a refinancing agreement also participates in the program.

It is also necessary to remember that if the family has already applied for and received a tax deduction at the time of purchase, it will have to be returned. This is 58,500 rubles - 13% of the allocated amount of 450,000 rubles. But you won’t have to pay income tax on the subsidy either.

We advise you to carefully study the terms of the mortgage and monitor how much money remains to be paid. Remember that if you have about 100,000 rubles left to pay, then you should not take a subsidy for these purposes. It can only be used once, and the remainder will simply burn. It will not be issued and will not be transferred to the purchase of the next property. Therefore, in this case, it is better to pay off the balance yourself and use the subsidy for the next purchase. The main thing is to buy real estate before July 2023.

Preferential mortgage from Gazprombank

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Who issues the subsidies?

There is a program operator called Dom.rf. It is he who decides who will receive 450 thousand for the mortgage for the third child. His tasks include checking the compliance of the family and the collected documents. If all is well, then the money is transferred for repayment. There you can get answers to any questions you may have. We will indicate the telephone number of their hotline at the end of the article.

How can I get them?

To get 450,000 to pay off the mortgage for 3 children, you should collect documents and contact the credit institution that issued the mortgage. There they will be checked and sent for further testing. If they confirm that the documentation is correct, the agency will send the money to the bank to pay off the mortgage. There are no other ways to pay off the debt or get them in hand.

Brief instructions

When all the documents can be collected, they are taken to the bank - VTB, Sberbank, Alfa-Bank and any other where a mortgage has been opened. This is where the borrower's actions end. It will take about a month for the bank to check everything and send it to other authorities for verification. Then the funds are credited.

There is no need to wait for months. If there is no answer or solution within one month, and the money has not been credited, you should first contact the bank and ask what is happening. If the bank cannot give a clear answer about where the documents are and when the answer will be, you should contact the operator for an answer and help.

How to proceed according to the scheme:

1. all necessary documents are collected;
2. submitted to the bank;
3. the bank checks them itself, then sends them for verification to Dom.rf;
4. this authority also checks, then, if successful, transfers it to the mortgage agreement account;
5. The bank closes the mortgage early or reduces the amount of debt by this amount.

Remember that you should not pay for any part of the subsidy application; everything should be processed for free. The only place where you will have to spend a small amount is to order an extract from the Unified State Register of Real Estate.

Housing requirements

You can take part in the program:

• a house in the Russian Federation, new or purchased on the secondary market;
• apartment both in a new building and on the secondary market;
• land plot on which individual construction is proposed;

But remember that the subsidy is not given for building materials, even if all other conditions are met exactly. Only finished living space.

Otherwise, the requirements for housing are the same as when receiving a mortgage. This must be a living space in a non-emergency building, with gas, electricity and water supplied.

What documents need to be collected for state support?

First of all, this is an application that is filled out by the recipient of the subsidy. A sample can be easily found on the Internet or asked from the operator.

In addition, you will need a standard package of documents:

1. mortgage agreement;
2. document of purchase and sale or participation in shared construction;
3. extract from the Unified State Register or certificate of ownership;
4. if there was refinancing, then a refinancing agreement is additionally attached;
5. birth certificates or passports of all children with a citizenship stamp (just in case);
6. SNILS insurance certificates of all participants - children and parents;
7. if the children were adopted, then the relevant documents;
8. consent to the processing of personal data – for all persons over 14 years of age;
9. parents' passports;
10. application requesting early repayment of the loan.

Payment terms

The payment of 450 thousand rubles for the mortgage will not come immediately. The verification will take at least 7 working days. And another 5 days to receive the amount. Accordingly, at least 19 working days will pass from the moment the application is sent to the receipt of money in the account. But this is according to the law, but in reality it will be longer, since a lot of documents are received for verification.

Why can a bank refuse a subsidy?

The bank itself will be checked by the program operator. If it does not meet any requirements, the money will not be transferred. But in our country there are almost no banks that could issue mortgages without the appropriate license.

In order for the borrower to receive compensation, and for the bank to reduce the amount of his mortgage debt, he must meet all the requirements of the law. He collects documents, undergoes verification and receives a decision. Some banks will make mistakes and failures at first, but gradually they will learn to act correctly.

In all cases when it is not possible to receive a subsidy, you can contact Dom.rf for clarification and help.

The bank itself may refuse in a number of cases:

• mortgage owners or their children are not citizens of the Russian Federation;
• the applicant was deprived of parental rights to one of the children;
• the adoption has been canceled in respect of any of the children;
• if the children were already specified in another mortgage agreement;
• Not all documents have been collected.

Ready-made housing from Alfa-Bank

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Who to complain to if the bank refuses to accept documents

If you believe that the bank is inactive or does not take the necessary actions, or completely refuses to accept documents for repayment, you need to take action.

You should contact an inspector if:

• the bank refuses to accept the documents;
• procrastinates with the design;
• requires a commission - the entire procedure must be completely free;
• states that he should bring some more papers.

In some cases, the bank may ask for additional documents. But only when there is not enough information in the submitted papers. He may request:

• military ID;
• international passport;
• a document that confirms the number of residents.

You can complain to the operator of the Dom.rf program, which issues 450,000 to pay off the mortgage of large families, on their official website or by calling the hotline number 8-800-775-11-22.

Author:

Editorial staff of mainfin.ru

12:33 27.11.2020

When will the money arrive?

• up to 7 days – the bank reviews the submitted documents and transfers them to DOM.RF
• up to 7 days – documents are reviewed by DOM.RF
• up to 5 days – after the decision is made by DOM.RF it takes the transfer of funds

TOTAL

The maximum period from submitting a set of documents is 19 working days.
These deadlines are prescribed by law. But in reality, they can be increased if at some stage the borrower is asked for additional documents and certificates.

Why can they refuse?

• The purposes of the loan include: construction, repairs, payment for inseparable improvements, etc. The program includes only loans issued for the purchase .
• A non-residential property (for example, apartments) was purchased with loan funds.
• A plot with any status except individual housing construction was purchased.
• A share was purchased, not an entire residential property.
• The loan was issued on the basis of a preliminary purchase and sale agreement (i.e., essentially, you first received loan funds and then purchased housing - within the framework of mortgage programs it happens differently, you receive approval for your application before concluding the contract, then you sign the contract and only then the funds are transferred by the borrower, and a loan is actually opened for you).
• The borrower or his children do not have Russian citizenship.
• The application is submitted by the borrower's guarantor (even under a general power of attorney).
• Funds are requested to make a down payment - the program is designed only to subsidize an existing mortgage

Most common reasons

Most often, it is not possible to get 450,000 specifically for the construction of a house or due to the registration of the purchase under a preliminary purchase and sale agreement.
In second place are the ill-fated apartments, which are often praised as a cheap but full-fledged replacement for traditional apartments.

The concept of a housing certificate for a large family

A housing certificate is an official document that is issued as part of the implementation of programs to improve housing conditions for large families. As practice proves, in many cases such families do not have the funds to purchase a new apartment or house, the area of ​​which would be sufficient for the comfortable living of all registered persons. This is exactly the problem that the certificate should solve. It can be used as payment for part of the housing, but only in rare cases does it completely cover the cost of the apartment/house.

Characteristic features of a housing certificate

The following features are typical for any such certificate:

• Special purpose . The document is issued only for a specific purpose. It is impossible to use it for other purposes.

Example: The certificate can be used to purchase an apartment or house, as well as to expand existing housing (major repairs, including redevelopment and combining several apartments, as well as the construction of extensions to the main house in order to increase living space). At the same time, it cannot be used to purchase a vehicle, pay for children’s education, and so on. The certificate differs from maternity capital - these are different concepts with their own characteristics.

• For free . The certificate is issued at no additional cost. You do not need to pay anything when completing all applications/certificates/documents, or after using the certificate. The amount does not need to be reimbursed. The only client expenses that may arise are an additional payment for housing in excess of the amount required under the certificate.

Example: A certificate is issued to a large family. This document provides for an amount of 2 million rubles. The desired property (private house), which is ideal for the entire family, costs a little more than 3 million rubles. The family will pay the entire amount in excess of the certificate (over 2 million) from its own funds.

• Time limit . The certificate is issued for a strictly defined period (9 months). If the owner of this document did not manage to use it before the expiration date, everything will have to start again.
• Once . The certificate can only be used once. If for some reason the applicant has lost it or mistakenly destroyed it, he can order a duplicate, but if he has already used the certificate, then he will not be able to reuse it.

This correctly remains relevant even if not the entire amount of the certificate was used. So, for example, if the document stipulates 3 million rubles, but only 2.5 million were used, the difference “burns out” and is sent back to the budget. Under no circumstances can the owner of the certificate receive this difference in cash or non-cash form.

What additional help can you get besides a subsidy?

• Haven't gotten a mortgage yet? Take a look at the article dedicated to mortgage loans with maternity capital - Financer experts have collected not only the most advantageous offers from banks, but also analyzed in detail all the legislative nuances of registration.
• Already paying off your apartment loan? Then you may be interested in new refinancing programs for 2021. Don't overpay where you can save
• Want to save as much as possible? Find out about all the ways of state support for mortgages for 2021.

And, of course, send any questions you have - Financer.com experts are always ready to help you understand the nuances of credit legislation.

The article was prepared on the basis of materials : DOM.RF and the Rossiyskaya Gazeta publication.