Bulat Gilmanov, State Housing Fund: “We are negotiating with banks to refinance social mortgages at 6 percent”

Real estate

07:00, 22.11.2019 3

With the birth of a second or subsequent child, Tatarstan sociologists will be able to take advantage of the benefits of Putin’s family support program

Photo: Rinat Nazmetdinov

The State Housing Fund under the President of the Republic of Tajikistan will expand the social mortgage program. Program participants - young families who have had a second and subsequent child since 2020 - will be able to take advantage of the “Putin” family mortgage at a preferential 6 percent. Deputy Executive Director of the State Housing Fund Bulat Gilmanov, in an exclusive interview with Realnoe Vremya, spoke about what options for admission to the social mortgage are being developed for young families working in business, and how the “repeated social mortgage” program will work for mature families.

Basic Concepts

The social mortgage program was prepared by the Department of Housing Policy and is aimed at fulfilling the instructions of the Government of the Russian Federation. The Housing Fund has approved the procedure for providing residential real estate with a social mortgage. Applicants can purchase an apartment under a purchase and sale agreement with registration of the document in the Department of Housing and Housing Policy.

To receive a preferential loan, socially vulnerable citizens can apply to any state or commercial bank that provides mortgages with government guarantees.

According to the department, over the past five years, every seventh participant in state programs has been able to take advantage of the presidential social mortgage and improve their living conditions with the help of government subsidies and mortgage lending.

Under the terms of social programs, low-income borrowers can purchase real estate on the primary and secondary markets, as well as social housing at reduced prices, which is owned by local authorities.

Mortgages under the president have many options: they provide a subsidy for part of the cost of the purchased apartment or a subsidy for the interest rate. Municipal housing is sold to participants in social programs at an affordable price. Which type is used in a particular region depends on the initiative of local authorities.

A good example in this matter can be the Republic of Tatarstan, where since 2004 they have successfully implemented a bill on social housing lending developed at the local level, which differs significantly from the standard version.

Social mortgage in Tatarstan: conditions and how to become a participant

To obtain a mortgage, you must have your own funds and replenish your mortgage savings account every month. The starting payment amount is very small; the minimum payment in 2020 is less than 500 rubles. However, the principle of accumulating points is simple - more money, more points, therefore, the faster savings are formed and the rating grows, the sooner the family will receive the desired apartment. The order in which applications are submitted is of secondary importance.

APPLY FOR A MORTGAGE AND FIND OUT A DECISION QUICKLY The state social policy of the Russian Federation in the housing field is aimed at helping categories of the population who, for one reason or another, are not able to independently resolve the issue of purchasing personal housing. The country has developed comprehensive programs to help young, low-income and large families, military personnel, and public sector employees, including at the regional level. Among such programs is a social mortgage under the President of the Republic of Tajikistan, which has been available to applicants since 2005.

How to get

The implementation of the program is controlled by the State Housing Fund (SHF) and the President of the Republic of Tatarstan.

The peculiarities of the presidential program are that the borrower and the State Housing Fund enter into an agreement, according to which the project participant undertakes to regularly contribute a certain amount to form a reserve. Savings are necessary to partially pay the cost of purchased housing. A mortgage is issued for the remaining amount.

The contract term is up to 28.5 years. The bank's tariff (7%) is fixed, set for the entire lending period. A down payment (10-30%) is required. You can use:

1. Maternity capital;
2. Savings generated during the period of participation in the project;
3. State support for young families (the amount of the subsidy can reach 40% of the cost of the apartment);
4. By own means.

Sometimes, to pay the down payment, they take out an additional loan, leaving the existing housing as collateral (if the borrower or co-borrowers are its owners).

Under the terms of the project, mortgages are also provided to childless families. If a child is born during the contract period, the spouses are provided with financial assistance in the amount of 200 thousand rubles. The funds must be used to pay off mortgage obligations.

The peculiarity of the presidential project is that participants can make monthly contributions not always in the traditional way - they are paid with labor or products produced in their personal household.

Where can I get housing?

The difference between a presidential mortgage is that the applicant can choose an apartment only from the real estate that was built as part of this project. Such housing complexes (LCs) are built mainly in large cities and some small towns. In addition to the limited choice, apartments also differ in price: square meters in the capital will be more expensive than in the periphery. These factors also influence the loan size and rating points.

The exact list of areas where construction is being carried out by partner companies of the project can be found on the website of the state housing fund. There is information on the websites of banks and developers. An important requirement for the latter is to build housing in a comprehensive manner, so the program participant receives an apartment in microdistricts with normal infrastructure. After submitting the documentation to the State Housing Fund and approving the application by the housing commission, the participant waits for his option of real estate.

1. Kazan. Social houses are being built in Aviastroitelny, Kirovsky, Privolzhsky, Pakhitovsky and Sovetsky districts. The most popular microdistrict is “Salavat Kupere”, where it is planned to solve the housing problems of 14 thousand families. More than 350 hectares are being built up with residential complex houses to accommodate about 40 thousand people. The Raduzhny MK is also located in an ecologically clean area, but there are more apartments there for commercial sale. A school for a thousand children is being built.
2. Naberezhnye Chelny. The most popular complexes are located on the city outskirts: the cost of housing here is significantly lower, and these areas are noticeably cleaner environmentally. Among the complexes actively under construction are Yalyshek-2, as well as the 63rd complex. In addition to the presidential mortgage, city residents can participate in the “Building the Future” project, which also helps to purchase real estate on terms favorable to the participant.

The contract for the selected apartment is preliminary and has no special legal force. If a program participant violates the debt repayment schedule or does not score enough points, other applicants may be moved into the selected apartment.

If the borrower got a part-time job or left the public sector altogether, he no longer has the right to demand an apartment under a social mortgage. During the crisis, many building materials have even become cheaper, so the developer sees no reason to increase the cost of housing.

Look at the same topic: Under what conditions does Promsvyazbank refinance mortgages from other banks to individuals?

Who can participate in the project

Social mortgage under the President of the Republic of Tajikistan covers many segments of the population:

• Budget workers - teachers, scientists, doctors, young specialists, cultural and social security workers;
• Military personnel, combatants;
• Citizens who live in unsafe or unsuitable premises for living;
• Young families (age limit - up to 35 years) with and without children;
• Applicants whose living space does not meet the standards (18 sq. m per tenant);
• Large families;
• Disabled people and families with disabled children;
• Single-parent families if their income has fallen by 30%;
• Employees of investor enterprises, participants in the presidential mortgage program.

Participants in the project can be solvent working citizens with a stable income and a normal credit history, who meet the program criteria and have the funds for the first payment. The applicant must also have the status of a person who needs to improve their living conditions.

Families with an income above the subsistence level can apply for social housing if they can make regular contributions to repay the loan.

State employees must have at least three years of work experience in their specialty. Citizens aged 18 to 54 years with continuous work experience in their last place of 6 months can apply. For the military, the minimum service life is 10 years. Applicants must live and work in the Republic of Tatarstan for at least 10 years.

Getting a social mortgage

Social mortgage is a procedure for improving the living conditions of citizens. It uses mortgage lending and government financial assistance. In our country, not everyone can enjoy this privilege. As a rule, these are newly created families and military personnel.

For a newly created family in Russia there is a state program that provides:

• support up to 35% of the regional average housing price if the couple does not have children;
• up to 40% if there are children.

All money comes from the federal budget. The size of future housing is calculated based on the size of the family. The amount of subsidies varies in each region. It all depends on the cost of apartments in a given region.

Requirements for program participants:

• The age of husband and wife is up to 35 years;
• The family was recognized as in need of purchasing housing or improving living conditions;
• The family must have savings that are needed to pay part of the amount. It must exceed the amount of the subsidy.

Another category of citizens is the military . They may also qualify for a social mortgage. In this case we are talking about the savings mortgage system.

The following are eligible to participate:

1. Citizens who graduated from a military school or institute and received the rank of “officer” since January 2005.
2. Military personnel who entered into a contract or were called up for service from the reserve from the same moment as in the first case.
3. Military personnel with the rank of warrant officer and midshipman, who served under a contract for more than three years, also from January 2005.
4. Military personnel with the rank of “sergeant” and “sergeant major,” as well as soldiers and sailors who entered into a second service contract no earlier than January 2005.

Applying for a home loan

To obtain the status of a program participant, you must contact the administration with an application. Here you can consult on the chosen program and make a preliminary calculation. Employees of companies sponsoring the program can apply through their manager.

While waiting for your application to be pre-approved, prepare all necessary documentation. Officials have 1 month to make a final decision. If the decision is positive, a social mortgage agreement is signed, after which monthly contributions are made to the State Housing Fund (the amount depends on the family budget).

All that remains is to wait for one or more offers of living space from the State Housing Property Fund, which can be purchased as part of the project.

You can participate in a competition similar to a rating auction. To do this, you need to register on the GZhF website and gain access to your personal account, from where applications for participation are sent. The higher the rating, the more chances the contestants have to win. Points are generated based on the amount of savings each participant has made and the length of stay in the program.

There is another option for obtaining a mortgage, when state support is provided out of turn. Each case is studied individually in the shortest possible time.

State Housing Fund under the President of the Republic of Tatarstan - Personal page

The State Housing Fund under the President of the Republic of Tatarstan contains a personal section for visitors. A personal page allows you to establish electronic interaction with an organization in a convenient format, check the results of requests and other useful information. To enter your personal section, you must register.

The official website of the State Life Fund under the President of the Republic of Tatarstan is located at mail.gilfondrt.ru (additional mirror - kooperativrt.ru).

Registration to receive a login and password

• On the left side of the menu, click on “Receive a login and password”, fill in the fields with the required data (full name, tax identification number, date of birth in the format DD.MM.YYYY, series and number of an identification document, e.g. passport), and then click on the button “ Continue" .
• The password is generated automatically and sent to the email specified during registration.

The personal page is intended for obtaining a password to enter the personal account of applicants registered in the following categories: (6.33.21, 6.8, 6.19, 6.19.1, 6.19.2). To register, you must enter the data specified during registration.

What documents to prepare

Applicants for a presidential mortgage must submit documentation:

• Passports of family members;
• TIN and SNILS;
• Certificate of marriage or divorce (if any);
• Birth certificates of children (if available);
• Military ID (for those liable for military service);
• Education documents;
• Certificate of income;
• Documents on real estate rights;
• Confirmation of the status of a person who needs to improve their living conditions.

The completed application form is attached to the documents. The commission has the right to request additional confirmation of the applicant’s solvency.

How to register a personal page and receive a social mortgage

State aid is provided on an application basis. Initially, a citizen submits an application of the established form to the regional administration. The period for reviewing the document is three days, after which a decision is made on assigning the status of a person in need and on the citizen’s participation in preferential social services. program.

Next, the applicant collects a package of documents:

• participant questionnaire;
• ID cards of all family members;
• certificates of marital status (marriage, divorce);
• data on length of service and current employment (work book, certificates, etc.);
• information about income (work certificates, account statements);
• originals SNILS, TIN;
• data on the occupied housing (area, type of ownership, etc.).

The period for reviewing the package of documents is up to one month. Next, a social mortgage lending agreement is concluded. A citizen registers a participant’s personal account on the GZhF portal (kooperativrt.ru). The opening process is simplified to a minimum. After clicking on the link “Receiving a login and password” in the first window, you must enter your TIN and full name, date of birth and ID number, then a password will be automatically created.

The functionality of the page will become available after entering the generated password and account number in the “Personal Page” item. This section allows you to track the fate of applications, the process of drawing up contracts, dates of registration and re-registration, etc. Mortgage borrowers will find the “Contractors”, “Competitions” and “Ratings” tabs useful. You can make mortgage payments or register as a needy person on the portal uslugi.tatarstan.ru.

Pros and cons of a presidential mortgage

A presidential mortgage in the Republic of Tatarstan is an opportunity to purchase an apartment on terms that are more favorable than in the country as a whole.

Look at the same topic: Federal Law 102-FZ On Mortgage (Pledge of Real Estate): latest edition dated December 31, 2017

The participation of the GJF allowed applicants to receive a number of advantages:

• Reduce the down payment to 10% of the apartment price (maximum limit – 30%).
• For single mothers and some other categories on an individual basis, a complete exemption from the down payment is possible.
• With a base rate of 7.4%, social mortgages are given at 7% per annum.
• The maximum repayment period (28.5 years) can be reduced and the loan can be closed early without overpayments.
• At the birth of a baby, the family receives 200 thousand rubles. to pay off mortgage obligations.
• After the birth of your second and subsequent children, you can contribute funds from maternity capital to repay the loan.
• You can pay for a mortgage not only with money, but also with labor and agricultural products.
• There is no additional insurance - only the purchased apartment and the participant’s liability are insured.

If a difficult financial situation arises in the family, the borrower is afraid of losing the apartment - the State Housing Fund considers all cases individually, developing a convenient option for repaying the debt (deferment, restructuring, etc.). Deferring payments does not relieve the bank client from having to pay apartment rent.

In any state support program there are details that the participant does not pay due attention to at first. But later such nuances can create additional difficulties.

After purchasing housing as part of the project, the participant does not have the right to stop working or leave the public sector for 10 years. If the condition is violated, the balance of the debt will have to be repaid at double the rate. It is possible to terminate an employment relationship with an enterprise without penalties if the dismissal was by agreement of the parties.

After receiving an apartment, a program participant will no longer be able to take part in other social projects aimed at improving living conditions. With a presidential mortgage, housing can be purchased only once in a lifetime, so it makes sense to study all the possible benefits and subsidies that a family can count on and choose the best option for state assistance. The total price of square meters of housing also includes children's benefits.

Standards for the size of mortgage living space have been developed:

1. Singles - 33 sq. m;
2. For a childless family (2 people) – 42 sq. m;
3. A family of 3 people – 18 sq. m per resident.

There is another important point: until full payment is made for the mortgaged housing, the borrower uses the living space under a social tenancy agreement. He also pays rent (at minimum state tariffs). He will be able to receive a certificate of ownership only after the final repayment of the debt.

Partner banks

The number of financial institutions participating in the program is limited, since many have representative offices only in large cities. Among the program participants there are not only banks of the republic, but also partners providing services throughout Russia: Sberbank, Kara-Altyn, Rosbank, Ak Bars.

According to the terms of the presidential mortgage, borrowers enter into an agreement with the representative office of the housing stock under the president. And in the bank that is a partner, you need to open an account for monthly payments, taking into account the cost of 1 sq. m of social housing (from 11%). If a bank client violates the payment schedule for mortgage obligations, the State Housing Fund has the right to terminate the agreement on its own initiative.

In parallel with the presidential mortgage, the republic’s banks offer their clients to solve housing problems with the help of the “Young Family” program. The first requirement for candidates: one of the spouses must be under 35 years of age. The project makes it possible to purchase housing at a base rate (from 7.4%) on both the primary and secondary markets.

In accordance with the bill, the social mortgage under the President of the Republic of Tajikistan will operate until 2020. We can only hope that after its completion, regional authorities will develop even more effective measures to provide socially vulnerable citizens in need with housing.