Review of programs for refinancing mortgage loans. The best offers from banks to refinance a mortgage from another bank - where is it more profitable to apply? State mortgage loan refinancing program

Submit your application

Submit your documents

Complete the deal

1. Submit your application

   Make a preliminary calculation for the mortgage. Our employee will contact you, advise you and make an appointment at one of the mortgage centers at a time convenient for you.
   

2. Submit your documents

   Submit the loan documents along with documents for the initial loan and purchased finished or under construction real estate to the mortgage center.

   We will review your documents and make a decision. The decision-making period can be up to 5 working days (up to 24 hours under the “Victory over formalities” program).

3. Complete the deal

   Once approved, you will need to contact a mortgage center to apply for a loan.

Interest rates and terms of mortgage refinancing

The program applies to full repayment of loans from other banks issued for the purpose of purchasing:

• finished housing;
• new buildings, including those not completed, subject to accreditation of the developer and the facility under construction with VTB and registration of claims to the property within the framework of 214-FZ.

• interest rate under the Mortgage program. Refinancing" - from 8.8%;
• currency - Russian rubles;
• the loan amount can be no more than 90%*;
• Loans issued 6 months ago or earlier are refinanced;
• loan term - up to 30 years (when considering a loan application based on 2 documents - up to 20 years);
• loan amount - up to 30 million rubles;
• no fees for processing a loan;
• early repayment without restrictions or penalties;
• there is no commission for wire transfer of funds to another bank.

To the borrower:

• permanent registration in the region in which the client applies for a loan is not necessary;
• various forms of income confirmation are considered (certificates in form 2-NDFL and in the bank form);
• It is possible to take into account the total income of up to 4 co-borrowers;
• It is possible to record income both from the main place of work and from a part-time job.

* if the ratio of the loan amount to the cost of housing is more than 80%, the loan rate will increase by 0.7 percentage points.

Mortgage repayment

Pay off your loan in any way convenient for you:

• V

  No registration required. Login by card number or UNK (unique client number).

  The UNK is indicated in the Application for the provision of comprehensive services - the document that you received when applying for a loan.

  ;
• through the VTB ATM network throughout Russia;
• through the cash desk of any VTB branch Payment can be made not only by you, but also by any person at your request - you need the number of your loan agreement and the passport of the person who will pay;
• transfer from another bank;
• through Russian Post branches.

You can always repay your loan early. Partial or full repayment can be made without visiting a branch through.

What are the benefits of refinancing your mortgage?

Refinancing is convenient for several reasons:

· It’s easier to pay off one loan than several: one payment date, one payment, one bill.

· Paying off one loan is cheaper: one monthly payment will be lower than several payments in total

· If you wish, you can receive additional money for personal needs.

How does refinancing work at Sberbank?

In a nutshell, refinancing works like this: The bank approves your loan and transfers the money to your account at another bank so you can pay off your loans. You start paying less on one loan instead of several - making just one payment every month.

Are there any requirements for the mortgage I want to refinance?

Yes, in order for Sberbank to refinance your mortgage, several conditions must be met:

· You have no current loan debts.

· You have made your payments on time during the last 12 months.

· You have not restructured the loans you want to refinance.

How long after receiving a mortgage from another bank can I refinance it?

You can refinance your mortgage 180 days after the conclusion of the loan agreement and 90 days before its expiration.

I have maternity capital. Can it be used for refinancing?

Yes, you can. Maternity capital can be used for a down payment on a mortgage or for early repayment. You can use it partially or completely, and if you wish, add your own funds.

What documents do I need to bring from another bank to refinance my mortgage?

Bring a certificate or statement with information on the refinanced loan. It is important that this document contains the following information:

· number of the loan agreement in another bank,

· date of conclusion of the loan agreement,

· validity period of the loan agreement or loan repayment period,

· loan amount and currency,

· interest rate,

· monthly payment,

· payment details of the bank that issued your mortgage, including details of the account to which Sberbank will transfer the amount to repay your loan.

As a rule, you can get a statement or certificate online in your personal bank account.

The bank may ask for additional information:

· on the balance of outstanding debt on the refinanced loan with accrued interest,

· on the presence or absence of current overdue debt and overdue debt over the last 12 months.

Can I use my property as collateral?

You can use any property as collateral, except the one you bought with a mortgage. This can be a residential premises, a non-residential building, a room, part of an apartment or residential building, or a residential premises with a plot of land.

Can I attract guarantors or co-borrowers?

The refinancing program does not require a guarantee. However, you can attract up to 6 co-borrowers, for example, close relatives. If you have a spouse, he automatically becomes a mandatory co-borrower. An exception is if you have a marriage contract or your spouse does not have Russian citizenship.

How often can you refinance your mortgage?

One mortgage can be refinanced one time.

Can my refinance interest rate change while I'm paying off my loan?

During the payment period, the interest rate under your agreement will not change.

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.

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.

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.

Which 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.

The interest rate is the determining factor when choosing a mortgage program. Moscow banks are not always able to approve a home loan at a reduced rate. That is why more and more clients are seeking to obtain mortgage refinancing in Moscow. Refinancing allows you to reduce rates and get improved loan repayment conditions.

Mortgage refinancing 2019 in Moscow - terms and conditions

Who can apply for a loan? The requirements of Moscow banks are as follows:

• age from 21 to 65 years;
• positive credit history;
• no mortgage arrears;
• having a stable income.

Refinancing a mortgage in other Moscow banks is possible only on the condition that the mortgaged apartment becomes collateral for the new bank for the duration of the loan repayment. After concluding an agreement with the new bank, the existing mortgage is repaid. The client receives improved credit conditions: low rate, small payment, changed repayment period.

You can find the best bank offers 2019 on this page. The comparative table contains programs of both large institutions (Sberbank, VTB Bank, Gazprombank, Alfa-Bank, Rosselkhozbank) and regional banks. Here you can calculate the payment online by entering the term and amount of the new loan into the mortgage calculator in Moscow. The mortgage refinancing calculator in Moscow will show how beneficial the terms of a particular program will be for you.

Documents for mortgage refinancing

If you apply for refinancing at the same bank from which you received your home loan, the procedure will not take much time and effort. Many institutions issue a new loan to pay off a mortgage using just two documents. Those who apply to another bank will need to provide documents for housing, certificates of employment and a mortgage agreement.

Our service provides the opportunity to submit an online application for a mortgage in Moscow. Fill out the form and wait for a response from a bank employee. If the answer is yes, you will need to come to the department with documents. When signing a new contract, make sure that the repayment terms are significantly better than the previous ones.

Today, all Russians who meet the mandatory conditions of the law can refinance their mortgage at 6 percent, regardless of which bank they borrowed the money from. However, there are several important nuances in the procedure itself. We must not forget that the legislation imposes requirements not only on borrowers, but also on the housing itself.

Conditions for obtaining a preferential mortgage

Preferential mortgages are an innovation that is still incomprehensible to many Russians. The bill was developed only in 2017. And you can take advantage of the bonuses received from the state now. True, they are available only if a number of important conditions are met:

1. the birth of the 2nd or 3rd child in the family no earlier than 2018 (that is, large families with three children born before this period do not fall under this program);
2. purchasing an apartment on the primary market (that is, purchasing real estate on the secondary market also makes it impossible to reduce the mortgage rate);
3. the loan amount does not exceed 3 million rubles (for residents of large cities - Moscow and St. Petersburg, as well as the Moscow and Leningrad regions, this amount is increased to 8 million rubles);
4. payment of at least 20% of the cost of purchased real estate by the borrowers themselves;
5. compulsory insurance not only of real estate, but also of your life and health.

The terms of mortgage lending themselves do not change when using benefits, only the interest rate is reduced to 6% per annum. In fact, it turns out that the difference between bank and preferential interest is paid by the state.

Duration of preferential lending

The bill on preferential mortgages with a rate of 6% involves a temporary reduction in the financial burden for such families. The validity period depends on what kind of child was born in the family:

• upon the birth of a second child, the state reduces the interest rate for 3 years;
• the birth of a third child increases the period of preferential lending by 5 years.

If during the program period both a second and a third child were born, then the family is entitled to benefits for each of them. This means that the financing terms are cumulative, meaning the 6% interest rate will remain in effect for 8 years.

An important feature of the new law is that families not only planning to take out a housing loan, but also those who are already paying the mortgage on their own can receive benefits under it. Such borrowers should not have any additional difficulties.

The only disadvantage for existing mortgage borrowers is that the state puts forward requirements not only for the birth of a 2nd or 3rd child after 2018, but also for the mortgage itself. After all, its conditions cannot be changed. So, housing loans that meet the following conditions are subject to refinancing of a mortgage taken out at 6%:

• Housing is purchased on the primary market. Moreover, the law also applies to real estate under construction.
• The lender is one of the Russian banks or AHML.

If the established interest rate suddenly turns out to be below 6%, then it will not be possible to refinance the mortgage, and it will not be possible to shift the obligation to pay it onto the shoulders of the state.

Another important point. When refinancing a mortgage, the already paid portion is not taken into account. That is, the state does not return the difference between the preferential and established interest rates. It only pays for 3 or 5 years after completing all the necessary documents.

Which banks refinance mortgages at 6%

The mechanism of the new preferential mortgage program is quite interesting. It is beneficial not only to the borrower, but also to banks. After all, financial institutions receive all their required profits, only from two sources: from the borrower and the state. The risk of organizations regarding non-return of issued funds is reduced. At the same time, the financial burden of the bank’s clients themselves is reduced.

You can refinance your mortgage at 6% on preferential terms in one of the banks approved by the Ministry of Finance to participate in the program (list). They cannot refuse to provide such a subsidy, especially since financing is provided from budgetary funds and not from the assets of the lender.

In the classical sense, refinancing a loan involves contacting a new bank. That is, first the client takes money to purchase real estate from one lender. After some time, another bank offers more favorable conditions, and the client switches there, reducing the amount of the final overpayment.

This model necessarily requires obtaining approval from the bank. That is, the client may be refused. This right is reserved by the financial institution.

As for refinancing a mortgage at 6 percent, the mechanism of action is somewhat different. A person does not need to contact another bank to get a lower interest rate. He receives a benefit within the financial institution where the mortgage was issued.

In fact, we are not talking about refinancing here, since in fact the bank receives the same profit as before, the financial burden is simply reduced due to state support.

The procedure for obtaining a preferential mortgage

To reduce the interest rate on your current mortgage, you will not have to contact social services or the Pension Fund. It will be possible without collecting a large number of documents. The borrower must do the following:

1. after the birth of the 2nd or 3rd child, contact your bank and apply for benefits;
2. Documents must be attached to the written application - a passport and birth certificate are sufficient, as this is proof of the right to receive benefits;
3. the bank reviews the application and makes a decision (it is important that the terms of the mortgage satisfy the requirements of the law);
4. If the answer is positive, the client will recalculate the payment schedule for 3 or 5 years - the difference will be made by the state.

As you can see, the procedure for refinancing a mortgage to a preferential 6% is quite simple. It does not require standing in lines or collecting a lot of documents. The main thing is to satisfy all the requirements for receiving benefits.

Mortgage refinancing (or refinancing) is used by those borrowers who, for some reason, cannot repay their current debt or have found more favorable conditions in another bank. The essence of the procedure is to close the existing one using the funds from the new loan, and then pay off the mortgage on more favorable terms. Another option is to remove the encumbrance from the property. In any case, one of the main goals of refinancing for the borrower is to reduce the financial burden.

Vyberu.ru contains the best offers from banks in your region for the current year.

Check out the terms and conditions for mortgage refinancing.

How to choose the best refinancing option

To determine the most profitable program for yourself, you should find out what size of monthly payments will be acceptable to you. The amount of regular payments is affected by the mortgage interest rate, the size of the loan and the term of its repayment.

The card of some refinancing programs lists their main advantages:

• the ability to set your own interest rate;
• consideration of the application using a simplified package of documents;
• the ability to choose your own insurance option, etc.

The summary of each banking product necessarily contains information about the maximum and minimum amount, mortgage repayment period, and interest rate. To get complete information and see a list of requirements for the client, a package of documents that will be required to formalize the contract, click “Details”.

To see what the monthly mortgage payment will be, the amount of overpayment in interest and rubles, use the online calculator on our website. By default, annuity payments are calculated (when the loan is repaid in approximately equal shares). Set the basic calculation parameters:

• the cost of the property,
• down payment amount
• payment term.

After you click “Calculate your mortgage,” a preliminary payment schedule and basic information on refinancing the loan will appear on the screen: total cost, possible payment date, amount of interest overpayment, amount of the monthly payment.

Online application

If you are satisfied with the terms of any refinancing program, fill out an application online. You can provide all the information the bank needs in the form on its website. To proceed to filling out the online form, click “Submit an application” in the tab of the mortgage you are interested in. You will need to provide your passport details, phone number and email, salary level and other information.

If the application is approved, you will receive a response from the bank manager, with whom you can coordinate the time of your visit to the office and a package of documents that you will need to take with you to apply for a mortgage loan.