Housing for military personnel: military mortgages. What is a military mortgage? Mortgage for military personnel on a new building

Finance

As you know, the housing issue is one of the mostnot only in Russia, but also in other countries. Servicemen in this matter are not an exception. Many families of soldiers and officers are forced for decades to click on rented apartments without any hope for their own housing.

To remedy this situation, the government of the Russian Federationa special program was developed. It is called the "Military Mortgage". What is the new invented by specialists? And how can a new program help military personnel to get their own housing? Read about it below.

What it is?

The law facilitating the life of the military was adopted yetin the year 2004. According to the idea of the Russian government, this document is designed to provide military personnel with comfortable housing on preferential terms. This is facilitated by the program of the accumulative-mortgage system (NIS).

So, military mortgage - what is it and how to get it? Let's understand. The essence of the program is that any soldier can write a report and start saving up for his own apartment. In 3 years after the filing of such an application, you can apply for a mortgage on a preferential basis. The peculiarity of such lending is that the debt is paid not by the military's own resources, but by the executive authorities. In particular, the Ministry of Defense. There is a whole unit that deals with such issues as mortgages for servicemen. It is on his behalf that money is transferred to a special accumulative account of the contractor.

Who will be given a military mortgage?

If you are a contractor of the Russian army and you do not have your own housing, a military mortgage will help you.

What is the "miracle" is for you, you can find out by the following indicators:

you are an officer, and your contract was signed no earlier than 01.01.2005;
the term of your service was less than 3 years, but you became an officer after 01.01.08;
midshipman, and ensign, and your contract is issued after January 2005, with you served more than 3 years;
soldier, sailor, sergeant or sergeant (the same conditions);
a graduate of a military academy (another educational institution), received a diploma after 01.01.05 and signed a contract;
you are a serviceman called from the reserve.

No other factors, including the presence orabsence of spouses, children or propiska, do not affect the possibility of issuing a military mortgage. The only condition is that the applicant for housing for servicemen must be a participant of the NIS (accumulative-mortgage system) for at least 3 years.

Conditions in 2016

Starting in 2016 In the housing issue for the military, there are some changes. The Ministry of Defense of Russia decided to abandon the practice of issuing housing "in kind", that is, simply as a house or apartment. To take advantage of the housing subsidy that existed until this moment, only those army men who had signed a contract before 2005 will be able to. For them, all the housing built by the Minobrons is intended by this time.

All other servicemen can receiveapartment or house for a military mortgage. At the same time, the state decided to dictate its lending terms. This means that the processing conditions in any bank participating in the system will be almost identical. For 2016, these conditions are as follows:

Mortgage for servicemen is drawn up a maximumfor 25 years. At the time of the end of this period, the borrower should be no more than 45. So if at the time of registration you have already turned 40, do not expect to extend the loan for more than 5 years.
The first installment is not less than 10% of the cost of the premises purchased by a soldier.
The loan rate is 12.5% (average).
The maximum possible amount for housing for servicemen is 2 million 400 thousand Russian rubles.
Also, it is possible to repay part of the debt through the maternity capital and get an additional consumer loan on preferential terms.
In order for the loan to be approved, the soldier must have a continuous record of at least 12 months, 4 of which are in the last place of work.

"Warrior" step by step

If you decide to participate in the "military mortgage" program, the loan will have to be processed step-by-step. Therefore, let's carefully consider all the "circles of credit hell" of a Russian serviceman.

Registration of NIS certificate. To do this, you need to submit a corresponding report, which passes approval for 2-3 months. After that, the army team will be issued a document, which is valid for 6 months.
Choice of housing. There are no restrictions, an apartment or a house can be chosen in any region of the country. But if you decide to use the help of a realtor, his services will have to be paid out of his own pocket.
Determining the place of lending (bank) and signing the contract. This program employs more than 20 banking institutions throughout the country, so it is worth knowing the conditions in advance.
Formalization of the agreement with the Ministry of Defense. Its employees will study all the documents and put their signatures within ten days. After that, the money will be transferred to the bank account.
Signing documents on the purchase and sale of housing.
Registration of documents. Usually it takes about 7 days.
And only after all this, the targeted funds are transferred to pay off the mortgage.

Differences between army mortgages and "citizens"

To make it clearer than the difference between an army mortgage on a new building or an "old" fund from ordinary housing loans, let's make a small table.

Military Mortgages	Conventional housing loans
Only military members of the NIS can get it.	Can arrange anybody.
The debt is paid off by the RF Ministry of Defense. He has a mortgage and is housing.	The apartment is pledged to the bank.
The maximum amount is 2.4 million. If this is not enough, you can add from personal funds.	The amount is limited by the borrower's solvency and age. How much to give - the bank decides.
The seller of the housing transfers original documents to the bank several weeks before the contract is drawn up.	Documents are transferred to the bank only after the conclusion of the contract and only to make a copy.
The waiting time increases due to a possible delay in transferring funds from the Ministry of Defense.	Mortgage is processed much faster.
Registration of documents confirming the purchase and sale of the object takes a week.	The contract can be registered for about a month.
First, a loan is issued, and after - a contract of sale (then it is passed to the Ministry of Defense for approval).	All documents are signed simultaneously.

Do you doubt whether you need a military mortgage? What is and how to arrange, we have already disassembled. Now let's discuss all the advantages and disadvantages of this type of lending.

pros

In comparison with "civil" housing loans, the interest rate is much lower.

Funds for a down payment already exist.
Housing can be selected in any region, and not just where the service takes place.
You can participate in NIS, regardless of the availability of housing in the property.
You can buy both a new building and a secondary sector.

Minuses

Nevertheless, such a program has its drawbacks. True, they are not so significant.

Long procedure of the conclusion of the transaction. The registration can take more than 2 months.
To perform finishing works (if housing is purchased in a new building) will have to take an additional consumer loan.
Housing is formalized in the ownership of the army man himself, not his family members.
Program conditions are valid only if the service is continued. When you leave the borrower is obliged to repay the loan from their own funds. An exception is only leaving to the reserve for health reasons.