Mortgage, reviews ("VTB 24"). Mortgage "VTB 24": conditions, down payment

Standards of living standards of Russians today include the possession of their own housing - an apartment or a house. Indeed, to buy an apartment these days without using mortgage programs is not easy. Not only because the amounts are large, but also because the prices for apartments are growing - you will not get stuck, you'll tire of saving. And therefore, housing lending is one of the most dynamic segments of the banking market, and some financial institutions compete quite competently for each client. What can a sophisticated borrower offer to one of the country's largest banks? Where is the place where the citizen would prefer to find out what the "Mortgage VTB 24", the terms of which sometimes significantly differ from the average market, or some other credit institution?

General terms

The Russian bank "VTB 24" minimizes the borrower's expenses for mortgage registration. In particular, in some programs of this credit institution there is an option for free valuation of real estate. As in most other banks, payments go on an annuity scheme, usually more comfortable than with a differentiated version. In all cases, early (both fully and partially) repayment of a mortgage loan is allowed - this is a common practice for VTB 24.

Mortgage, the feedback about which is received from other banks does not always indicate a greeting of the "Stakhanov" policy of repayment of loans by borrowers, in this case completely on the side of the client's interests. The bank is ready to consider a variety of documents that prove income, not just a personal income tax certificate. There are options for registering a mortgage without guarantors and applying the so-called intermediate form of collateral. A number of the bank's programs may have a variable (or combined) lending rate - a useful option that can cause positive clients, who are interested in mortgage, reviews. "VTB 24" - a bank that tries to monitor the mood among borrowers.

Military Mortgages

Bank VTB 24 carries out a specialized program of housing loans for citizens who are in professional military service. The main feature of this type of mortgage is a low initial contribution (from 10% of the cost of housing) (there are no restrictions on the choice of the desired property). Only services of realtors, appraisers are paid, insurance (if necessary) is bought. It is noteworthy that servicemen of the lower and middle officers' ranks, aged from 22 years old, can fully participate in the program (however, there is also a restriction - the housing loan can not be issued if the borrower is over 45 years old).

The types of real estate that you can buy on a military mortgage in VTB 24 are a house with a land plot or an apartment (both in the secondary market and in the segment of new buildings). The application for a loan is usually considered within a period of up to two weeks, and the decision remains valid for 122 days. This is the military mortgage - "VTB 24", the terms of which fully correspond to the purpose of this program: the bank is always ready to cooperate with people of one of the most honorable professions.

Mortgage and maternity capital

As an initial mortgage payment, Russian citizens can use state maternity capital. Bank VTB 24 has been practicing this form of lending since 2011. Such loans can be issued not only for secondary housing, but also for construction (under an agreement of equity participation or co-financing in housing construction cooperatives). The key condition of the program - the size of the parent capital must be at least 20% of the cost of housing, such standards were established by the bank "VTB 24". Mortgage of this type is issued for up to 30 years.

Governmental support

In some cases, borrowers of VTB 24 can claim a mortgage with state support (when a part of the interest is subsidized from the country's budget). This program of the bank attracts a relatively low interest rate (about 11% per annum) with a standard maximum mortgage term (up to 30 years). However, the final rate depends on the number of documents provided by the borrower, as well as on the type of real estate: housing under construction will cost several points more than a new one or a "secondary housing". This program is popular with borrowers who want to know the nuances of housing loans and read about what a real mortgage, reviews. "VTB 24" provides interested customers with all the necessary information.

Requirements for the borrower

In general, the borrower who claims to be a mortgage in VTB 24, which is one of the largest banks in the country, must meet a number of criteria. First, housing loans are granted only to Russian citizens who are 21 years old (for women) or 23 years (for men). The maximum age at which a borrower can approve a mortgage is 65 years at the time of application. The creditor must be registered (or temporarily registered) in the administrative unit where the office of the bank that receives the documents is located. His minimum length of service must be 1 year, and income is confirmed by reference 2-NDFL or specialized form of the bank.

It is important that the credit history is positive. Insurance of the borrower is an obligatory condition of the mortgage (otherwise the interest rate will increase by several points). For many borrowers, it is desirable that there is an inexpensive mortgage: "VTB 24", the initial installment in which can in some cases be reduced to 10%, is able to meet such customers halfway.

Major Programs

Despite the fact that the content of specific mortgage programs of the bank "VTB 24" may vary depending on market conditions, there are several typical forms of issuing housing loans in this credit institution. First, this purchase of housing on the secondary market is the most popular option. The rate here starts at 11.85% per annum, the down payment in a number of cases can be reduced to 10% of the value of the purchased housing. The maximum period for which a mortgage is issued is 50 years. The second most popular loan format is the purchase of housing in a new building. The conditions are the same as for the program "secondary housing", but the interest rate depends heavily on the cost of the purchased apartment.

"VTB 24" has a branded product that is convenient for people who value their time, "Victory over Formalities". Applying it, a mortgage can be issued in two documents (but the initial payment is much higher than for other programs - from 35%). "VTB 24" can offer an unspecified mortgage loan - on the security of housing, which the borrower already owns. The annual rate on it is about 13.8%, the loan period is not more than 20 years, the amount is up to 70% of the price of the real estate in the mortgage. There is a special, unlike the option of other banks, but available in the arsenal of VTB 24, mortgage - "Young Family". About her detailed story below. Bank VTB 24 can offer refinancing of existing mortgage loans in other institutions (up to 80% of the value of real estate) for more favorable interest and other attractive conditions. Many customers choose this bank, only because of the fact that the mortgage is refinanced there. Reviews - "VTB 24", according to them, is sometimes recognized as one of the most comfortable credit organizations for working in this direction.

What to look for

Banks that issue mortgage loans on comparable terms, in the Russian market a very large number. "VTB 24" has some specific features that distinguish it from many competitors. Firstly, it is accounting for the incomes not only of the borrower, but also of his relatives: thus, family solvency is estimated. Secondly, this is a mortgage term of up to 50 years - not every Russian bank will agree to such terms. Thirdly, if the borrower wishes to repay the loan ahead of schedule, no penalties, commissions or other encumbrances will be provided by VTB 24 in this case.

In general, the borrower bears quite a small expense for the formalities associated with the mortgage. It is also very important that the bank has an extensive network and is present practically in all regions of Russia. Thanks to this, a national knowledge base is formed about what a mortgage is, responses. "VTB 24" is one of the centers of consolidation of actual information about this market.

Young family

There are borrowers of a special category that are very necessary, and, that is likely, just on the terms of "VTB 24", a mortgage. A young family is talking about her. One of the narrow-profile programs of the bank is called. It is designed to facilitate the purchase of an apartment on credit for newlyweds, citizens of young and middle age, raising children and sometimes experiencing financial difficulties. Of course, the bank helps people not at their own expense, but acting as an intermediary between the borrower and the state, which subsidizes the program: real estate becomes cheaper by 35% (for a couples who do not have children) or 40% (if there are one or more children) .

In this case, the age of each parent for participation in the program is up to 30 years. The annual rate for the loan "Young Family" - 11%. The term of the mortgage is up to 30 years. This program is basic, it can be supplemented by a number of other options - for example, with the connection of maternity capital or housing certificates. This program has found a huge demand among Russians.

Conclusions about the bank

"VTB 24" contains one of the most variegated collections of mortgage programs among competing credit institutions. This is not surprising: this bank has an extensive network of offices, and the tasks for servicing clients are carried out taking into account regional specifics. A very important option is to show the borrower what the mortgage in VTB 24 will cost, calculate the payment schedule - all this is done by the bank. This credit institution works in the interests of many categories of citizens, including those who are not the most socially protected - this distinguishes this credit institution from many other market players.

For borrowers who do not belong to preferential categories, the conditions for issuing mortgage loans are clear and transparent, the nuances related to payment, account management and early repayment are explained very well. The client begins to understand perfectly what a mortgage is - "VTB 24", the conditions in which in many cases are individual, gives him the necessary knowledge.