How to take a mortgage for maternity capital

Maternal capital provides an excellent opportunity to buy or expand the living real estate. In most large banks of Russia, it will be taken as initial introduction to mortgage lending. If you are the owner of maternal capital and need to improve housing conditions, then this article will be interesting to you.

Maternal capital can be invested in a mortgage not only when buying an apartment, but also in the construction of a private house, as well as in equity construction. Just in each case there are your nuances. But unites them that at the end of the payment of mortgage debt, the property you purchased with the help of it will need to be issued on all members of your family, including children. In case of violation of this condition, you may threaten major troubles, because This will be considered a violation of the law.

If you plan to make maternity capital into lending in the role of the first contribution, it is worth considering that this will be possible only after reaching the child, after which this capital was issued, three years of age. It is simply impossible to use it for these purposes. The same applies to the guardians who adopted the child.

General conditions of housing loan in Sberbank we have.

The main conditions for obtaining such a mortgage is, of course, the presence of the certificate itself at the family and the constant money income is not lower than the average. If the family already has a living space, then it will not be able to use the maternity capital in such roles.

Sample reference 2-NDFL here.

An example of filling form 2-NDFL on our website.

Unfortunately, maternity capital is not yet in all banks as initial contribution to the mortgage. It is more welcome as repayment of the already existing mortgage or its percent. Therefore, you will be useful for the list of banks that take capital as the first installment. It includes: Sberbank, VTB24, URALSIB, Opening Bank, Deltacredit, UniCredit and Metcombank.

Sample of housing lending contract here.

If you probably decided that you would use capital in mortgage lending, then you need to get the first to get from FFR Certificate of the residual amount of maternal capital on your personal account. The FIU needs to handle the passport and certificate of capital. Help prepares no more than three days.

Sample application in the FIU at the disposal of MSK You can download here.

An example of filling out the statement in the FIU we have.

When approved by the mortgage you chose the bank you will need the following package of documents:

Passport;
Help from the FIU about the residue on the MSK's personal account;
Form 2-NDFL from the same place of work;
Housing purchase agreement;
Extract from the State Registry;
Documents coaches.

Currently, banks provide mortgage on different conditions. Therefore, first of all, you need to consult with the lead manager of your chosen bank, competent in the field of mortgage. Only then you will know the exact details of the conditions for obtaining a mortgage with the attachment of maternal capital.