How to cash out maternity capital

The first thing you need to know the future and the current owners of maternal capital, which is interested in how to cash out the maternity capital - to do it is legally impossible. There are "gray" cash schemes, however, remember the danger of movement, the law on this case is very strict.

To date, maternity capital can be used for:

improvement of housing conditions;
payment of children's education;
pension accumulation of mother.

Use the money allocated by the government only through the compartments PF.

Standard today "Gray" scheme looks like this:

A mortgage loan for 3 months is taken to the Bank for Maternity Capital;
The owner or capital owner negotiates with the nearest relatives or friends about the "purchase" of real estate;
The contract is concluded, the ownership is registered, state duty is paid;
The notary has a commitment to the division of acquired housing between children;
The above package of documents is transmitted to the territorial separation of the Pension Fund, where a permit for the use of maternal capital is issued within a month.

It should be noted that it is quite risky to cash the maternity capital, since such transactions are becoming more and more. Law enforcement agencies relate to them increasingly interested.

There is an option to contact intermediary firms, which is easy to find advertising on the Internet. But the risk of getting to fraudsters in this case is almost 100%. "Employees" of such firms most often manage to deceive legally inappropriate people or desperately, very needing cash financial resources.

Cash into the maternity capital is possible only if you are going to reconstruct or build a house. Detailed information on maternal capital can be found in FZ "On additional measures of state support for families with children".

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Currently, the head of the Pension Fund issued a question that after 2016 any family could freely cash the maternity capital. It is unlikely that such a law will be fully accomplished, but it can be hoped, amendments to the current legislation that would take into account various family circumstances will be adopted.