Currently, for many people, the only solution to purchasing their own home is a mortgage. Users always have many questions regarding this procedure, which relate to how the mortgage lending transaction takes place, who is present at each of its stages, and how long this process takes. These questions are asked both by future Sberbank borrowers and by those who have already received preliminary approval for a loan.
Currently, there is a certain scheme or sequence of actions that are performed by the borrower and the bank when applying for a mortgage loan. The stages depend on which apartment clients choose: on the primary or secondary market. Also, the transaction scheme will depend on the following:
- Degree of document readiness;
- Type of registration of property rights.
How a mortgage transaction is carried out at Sberbank
Mortgage lending is not possible without prior approval of a loan to purchase an apartment. As soon as the application is approved by the bank, the managers of the credit institution tell it about the scheme for obtaining a mortgage for the purchase of real estate.
After approval, the borrower has a period of up to two months during which he is required to complete the following actions as part of the mortgage:
- Collection of a complete package of documents. When preparing them, it is important to focus on the samples that are often issued to clients by Sberbank;
- Selection of a property such as an apartment. It is necessary at this stage to evaluate it and check for legal purity. The procedure is available on the website of a special service from Sberbank Domklik. Legal purity of property rights is the key to concluding a fair transaction for the purchase and sale of residential real estate;
- Conclusion of insurance contracts. When using a mortgage, insurance is required for the apartments that clients choose. And life insurance allows you to reduce the interest rate on the loan. Sberbank provides a list of accredited insurance companies in which obtaining insurance for borrowers will be cheaper and the procedure will not take much time.
After all this, a Sberbank specialist will contact the client, who will tell you in detail what actions need to be performed on the way to completing all the nuances of the mortgage transaction.
Real reviews about Domklik
With the introduction of the new service, many clients were able to personally experience and evaluate the platform. As a result, a huge number of reviews appeared on the Internet based on their experience of using the portal. In general, you can only find positive feedback from users. They note the convenience of the service, the availability of wide functionality, and the possibility of a personal account.
Review from Rinat Yusupov
It’s not so easy to find a good studio apartment, and you won’t be deceived by the bank deposit; I checked everything through the service and ordered an additional service for legal clarity. Everything was done quickly and competently by specialists, and I can say I’m happy with the new apartment.
Yusupov Rinat
Naberezhnye Chelny
Review from Elena Bezzubnaya
My husband and I decided to expand our living space because we are expecting a second child and it’s becoming cramped to live in a one-room apartment. We chose an apartment on the advice of friends through the Domklik service. The assistant in the online chat answered our questions very quickly, and after we received the answer to the mortgage approval, we didn’t even think about it. They took it right away. Thank you, is there really a service for people?
Elena Bezzubnaya
Tver
Review by Tatyana Velinkova
I am so glad that I found out about this service, I have long wanted to arrange an apartment for myself, and besides, there is a new preferential rate for new buildings of 6.5%
I couldn’t miss out, I first turned to private realtors, but quickly realized that I would have to pay a lot of money for their services. Dad said that there is such a service from Sberbank, I registered, tried it and was immediately approved. Of course, I’ll have to wait six months for the house to be delivered, but the developer is rated so well that I’m not worried and am looking forward to the housewarming.
Tatiana Velinkova
Kazan
Review from Valery Gladkov
I bought an apartment in a new residential complex, waited a long time for the price to drop and suddenly -200tr, without hesitation I immediately applied for a mortgage through the DomClick service, everything worked out the first time, I didn’t think it was so easy to get a mortgage now. Many thanks to Sberbank for the service.
Valery Gladkov
Nizhny Novgorod
Review from Maxim Kurnosov
The time had come to take out a mortgage and my friends advised me to use the DomClick service, I downloaded the application on my phone, very quickly registered and selected the right apartment based on the parameters and reviews of the house.
The transaction itself took place in 30 minutes; the new service allows you to upload all documents remotely.
I especially liked that Sberbank approved the mortgage very quickly.
Maxim Kurnosov
Moscow
At what stages of mortgage transactions does the manager accompany the client?
Sberbank is attentive to each of its clients, so the manager conducts a mortgage transaction at the following important stages:
- Concluding agreements, including purchase and sale agreements for an apartment, insurance, and mortgage;
- Registration of a transaction when transferring ownership rights from the seller to the buyer;
- Registration of an apartment, as well as a mortgage;
- Settlements with Sberbank;
- Mutual settlements with the seller, insurance company (it is worth noting that the client pays for insurance services at his own expense), intermediaries (if the borrower resorted to their help), government agencies (all mandatory payments and contributions must be made at the client’s own expense).
What papers are needed to insure a mortgage loan?
The policy is provided to the client only after the documents for mortgage insurance at Sberbank have been collected and properly executed. The insurer will provide a complete list. Sample package includes:
- original and copy of ID;
- application (a sample will be provided in the office);
- a questionnaire with information about the borrower and the loan;
- documents for living space;
- results of collateral assessment;
- a copy of the technical passport of the object.
Sometimes a mortgage agreement or additional documentation is requested. If you have already collected documents to apply for a mortgage at Sberbank, then you know where to find it. The list is almost completely repeating.
Sberbank mortgage insurance
List of mortgage insurance companies accredited by Sberbank
The process of obtaining a policy will take no more than a few hours. When contacting a specialized branch of Sberbank, the service is issued on the day of application. When the contract for issuing insurance is signed, all that remains is to make the first payment by submitting a copy of the policy to the financial institution. After making all payments on the loan, it is possible to return part of the insurance premiums, but this will require a new package of papers.
The policy must be renewed every year. In order not to collect documentation again each time, it is worth taking out insurance from one company. In this case, information about the borrower will be in the electronic database. Now you know what documents are required for a mortgage at Sberbank and for issuing a policy, which means you can easily arrange both services.
Dear reader, if you have any questions, ask them in the comments. Our mortgage specialist and lawyer will answer them in detail.
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Author:
Mortgage specialist Maria Yurievna Sokhan
Date of publication September 27, 2019 September 30, 2019
Choosing a mortgage program
Sberbank today offers a wide variety of mortgage programs, from which users can choose the best ones. When making a decision, clients take into account the following factors:
- The cost of the apartment, the possibility of saving on the purchase of housing. When analyzing the price of real estate, it is necessary to take into account not only payment parameters, but also commissions and late payments that may also occur. It is also recommended to analyze the size of the down payment and overpayment when using a mortgage;
- Use of benefits and promotions. Currently, Sberbank branches offer mortgage loans on favorable terms for military personnel, socially vulnerable citizens, and families with two, three or more children. There are mortgage options that allow you to use maternity capital as a down payment.
Many borrowers prefer to use mortgage products from the country's largest financial institution for the reason that the most comfortable conditions for conducting transactions have been created here. Searching for residential real estate is not difficult, since it is possible to use the special Domklik service, which contains numerous advertisements for the sale of apartments from accredited real estate agencies, realtors, developers and individuals.
Sberbank branches have created optimal conditions for the effective implementation of procedures under a loan agreement. Negotiation points, safe deposit boxes and much more allow for comfortable interaction between the parties when drawing up contracts at all stages of lending.
What package of papers does an individual entrepreneur need to get a loan?
To receive funds to purchase housing, an entrepreneur will need to collect a more impressive package of certificates and statements. They are designed to confirm the borrower’s reliability and financial stability. However, the procedure is simplified if the entrepreneur conducts monetary transactions through this bank.
Together with an identification document and an application, a sample of which will be issued by the managers of the financial institution, the following individual entrepreneur documents will be required for a mortgage at Sberbank:
- extract on availability of registration in the state. register of entrepreneurs;
- a license or certificate giving the right to entrepreneurial activity;
- report on taxes paid for a year or 24 months;
- certificate of income/expenses received ();
- certificate of property status and current obligations ()
- papers for a mortgaged house or apartment.
Tax reports for simplified taxation are provided for 12 months. A two-year report will be required for the general method of paying taxes.
Other certificates may be required (). They are mainly related to confirmation of income level (long-term commitment agreement, office rental agreement, etc.). Sometimes it is necessary to confirm marital status, salary of the second spouse, etc.
Collection of documents
First, submit an application for a mortgage loan. This can be done in writing at any bank branch, or electronically via the Internet. The following documents are provided along with it:
- Passport of the person for whom the loan will be issued, passport of the co-borrower (if any);
- Confirmation of employment. To do this, use a work book or extracts from it, a certificate from the place of work;
- Certificates confirming your salary level for the last six months.
Additional documents may also be required. In particular, if there are several co-borrowers, then it is necessary to confirm the relationship. During the execution of mortgage lending transactions, collateral may be provided. To accept it, the bank checks the ownership documents provided by the borrower. It is worth remembering that all documentation is valid for 30 days from the date of its execution.
After reviewing the documents and application, Sberbank makes a decision on approval or refusal of mortgage lending. Clients will learn about the bank's decision via SMS notifications. If the loan is approved, such notification will indicate the date until which the pre-approval is considered valid.
Papers from the borrower and joint borrower for special purposes. programs
This financial institution offers many different programs that allow you to receive funds for housing on preferential terms. Each of them requires its own documents to obtain a mortgage from Sberbank.
For young married couples
To apply for a loan in this area, you will need a standard list of papers. Although there are some differences.
- In addition to the application form, copies of the borrowers’ identity cards are required. Copies of the guarantors' passports will be required. And the spouses will definitely be solidary borrowers for each other.
- Certificates indicating the level of earnings, documentation of children, if any, as well as information about the marriage.
The only new papers include a certificate for the child and registration of the relationship.
Mortgage for large families in Sberbank - conditions and benefits
When you only need a couple of documents
The applicant really does not need to collect a whole list of various extracts and certificates. In this case, the list of documents for a mortgage at Sberbank consists of an application, an identity card and one of the following items:
- military ID;
- papers for a military personnel;
- driver license;
- SNILS;
- foreign passport, etc.
If the loan is secured by real estate or other property, you will also need papers for it.
After approval of the preliminary request, they are often asked to confirm that there is a suitable amount in the account (it will be used to pay the advance fee).
Mortgage according to two documents: registration procedure, documents, list of banks
State program support
In addition to the identity cards of the title and joint borrower, an additional package of documents will be required for a mortgage at Sberbank. It includes:
- agreement with the second spouse;
- confirmation of salary;
- information about registration at the address of stay;
- certified copy of employment records;
- papers for purchased square meters;
- confirmation that you have money for the first payment ();
- documents for children (certificates).
However, the credit committee of a financial organization has the right to expand or adjust this list.
Military mortgage
The main thing in this case will be a certificate of entitlement to receive a targeted loan. It should be used to decorate the living space. The following documents are attached to such a certificate for approval of a mortgage at Sberbank:
- copy of ID;
- bank application form;
- confirmation of NIS membership;
- paper for the area to be decorated.
Sometimes other certificates and information about the living space are requested. After receiving a satisfactory response to the application, you need to submit the result of an expert assessment of the apartment, a purchase agreement, a certificate that there are no encumbrances, etc.
Recommended article: How to apply for a social mortgage for state employees, low-income people, and families with many children: procedure
Military mortgage in Sberbank: conditions and procedure for registration
Use of maternity capital
You will need a certificate itself proving the right to use these funds. The rest of the list is standard. An application for the transfer of maternity capital funds is considered up to 30 days. The order is indicated in.
How to calculate a mortgage with maternity capital in Sberbank using an online calculator
Regional maternity capital: how to apply for it and what to spend it on
Loan to pensioners
Money is issued to persons under seventy-five years of age. The procedure is standard, it includes filing an application and all kinds of certificates. The following documents will be required for a mortgage for pensioners at Sberbank:
- passport for the applicant and his husband or wife, if any;
- if the registration is temporary, the bank will ask for more paperwork;
- information about the amount of the pension (a certificate is received from the Pension Fund);
- employed pensioners submit a salary certificate;
- documentation for collateral housing.
However, it is worth checking with the company’s office what else should be prepared before submitting your application. Other documents may be required for a mortgage for pensioners at Sberbank. Often, employees request certificates proving the solvency of the title and joint borrower (second spouse).
Mortgage conditions for pensioners at Sberbank in 2021
Choosing housing and completing documents
When choosing an apartment to buy with a mortgage, clients focus on the following things:
- The cost of housing, the adequacy of the seller, flexibility in completing the transaction;
- Location of the residential property. In particular, buyers pay attention to the distance from schools, kindergartens, work, transport interchanges, and healthcare facilities;
- Possibility of subsequent resale of real estate if necessary;
- Prices for utilities, home maintenance.
Before concluding a mortgage deal to purchase a home, it is important to make sure that the selected property meets the basic banking criteria:
- No illegal redevelopment, wooden floors, or changes in external boundaries;
- Possesses optimal technical condition;
- It has all the communications necessary for living, there is a separate entrance;
- Located in an apartment building, the depreciation of which at the time of execution of the mortgage transaction agreement does not exceed 70 percent;
- Ownership rights belong to the seller.
If housing with a mortgage from Sberbank is purchased on the secondary market, then it is important to make sure that it does not include incapacitated owners or persons in prison.
Real estate insurance
Carrying out mortgage transactions implies mandatory insurance of the purchased property. For this purpose, the bank has a list of accredited insurance agencies that clients can contact. Home insurance is issued as quickly as possible and is paid for by the borrower himself. The bank does not provide funds for these purposes. After payment, the client receives insurance for the apartment within a few days.
And in order for the mortgage to be provided with a lower interest rate, the borrower can insure his life. But this procedure is not mandatory when taking out a mortgage from a financial institution.
Mortgage refinancing
The Domklik website also has a service for mortgage borrowers from third-party banks. It is called loan refinancing. This offer allows you to reduce the amount of monthly payments and pay off your debt to the creditor more profitably and in a shorter time.
Here are the main lending conditions within the product:
- Interest rate from 7.9% per annum;
- Minimum loan amount: 300,000 rubles;
- Maximum loan size: 7 million rubles;
- Loan period: 1-30 years.
You can learn more about the tariffs for the product by clicking on the “Mortgage” - “Refinancing” tabs.
