Parameters of a housing (mortgage) loan
Subsidy parameters
Date of assignment of claims to the mortgage agent
Mortgage agent INN
type of agreement (DDU/DCP)
area (sq. meters)
loan agreement number
date of conclusion of the loan agreement
date of loan issue
loan term under the loan agreement (months)
loan amount as of the date of issue (rubles)
current rate under the loan agreement (in percent per annum)
loan amount at the end of the reporting period (rubles)
the amount of interest paid by the borrower in the reporting period according to the loan agreement (rubles)
Information specified in the contract (DDU/DKP)
Parameters of a housing (mortgage) loan (loan)
Subsidy parameters
Territory (subject) code Russian Federation), on which the living space is located
The date of the transaction for the assignment of rights of claim under the loan
Mortgage agent INN
Amount of lost income due to the mortgage agent
type of agreement (DDU/DCP)
area (sq. meters)
legal entity under the agreement (name, TIN)
cost of residential premises under the contract (rubles)
number of the credit agreement (loan agreement)
organization that issued the loan
date of conclusion of the credit agreement (loan agreement)
date of issue of the loan (loan)
date of acquisition by the joint stock company "DOM.RF" of the right to claim the loan (loan)
term of the loan (loan) under the credit agreement (loan agreement) (months)
amount of the loan (loan) on the date of issue (rubles)
the amount of the borrower's own funds (rubles)
share of the borrower's own funds (percentage)
current rate under the credit agreement (loan agreement) (in percent per annum)
amount of the loan (loan) at the end of the reporting period (rubles)
the amount of interest paid by the borrower in the reporting period according to the credit agreement (loan agreement) (rubles)
the amount of interest paid by the borrower in the reporting period from the date of acquisition of rights of claim under the credit agreement (loan agreement) by the joint-stock company "DOM.RF" until the end of the reporting period (rubles)
the amount of interest paid by the borrower in the reporting period and the previous reporting period, for the period before the date of acquisition by the joint-stock company "DOM.RF" of the right to claim the credit (loan) (rubles) - no more than 2 months before the date of acquisition
the amount of actual costs incurred for the acquisition of rights of claim under a credit (loan), made in order to compensate for the lost interest income of the organization from which the joint stock company "DOM.RF" acquired the rights of claim
A mortgage with state support is new program mortgage lending, according to which a certain part of the funds is transferred to the bank account from the state budget. Its principle is that the state redirects part of the Pension Fund’s funds to housing lending, which allows lenders to introduce a reduced interest rate.
The program is intended for the purchase of housing in new buildings, the construction of which was carried out with government funding. For the borrower, this means that when applying for a loan, the interest rate decreases and, as a result, the total overpayment for the purchased property also becomes less.
Important: The main objective of the mortgage program with government support is to make the purchase of real estate more affordable for citizens.
A mortgage with state support means that a bank client can take advantage of a reduced interest rate, the possibility of canceling the down payment, or prefer an extended loan term.
Which banks participate in the government support program?
The program has been running since 2015. A variety of banks are participating in it: if at first it was such giants as Sberbank, VTB 24, Gazprombank, Otkritie, then today small banking structures have also joined them.
Banks participating in the state subsidy program are required to issue mortgages only for new buildings no more than 12%. This is the maximum percentage and most banks, in order to attract customers, lower the interest rate even lower.
VTB24, for example, reduced the rate under this program to 11.4% per annum. You can find offers as small as 10.9%. The state compensates the lost benefits to lending structures.
It should be borne in mind that the program is aimed not only at supporting banks and mortgage borrowers during the crisis, but also developers. That's why You can use the program only when purchasing a new home under construction. However, the program does not work even at the pit level (prices there are already low). Typically, for a bank to accredit a house, it must have at least 3 floors.
Who is this subsidy aimed at?
A citizen of the Russian Federation in need of housing with a certain level of solvency can apply for participation in the program. The bank's requirements for the borrower are standard - he must be over 21 years old (in some cases - 18) and have Russian citizenship.
The borrower must have at least a year of work experience, and must have worked at the last place of work for at least 4-6 months. It is important for banks that the loan payment does not exceed 50% of the borrower’s income. Salary clients of banks have greater concessions.
There is also an upper age limit - at the time of making the last payment, a man must be no older than 60 years, and a woman no older than 55. It is permissible to attract co-borrowers.
You will need to bring your passport, a copy of your employment record, and a certificate of income to the bank. Further processing of the mortgage is standard and is not much different from the usual.
The down payment starts from 20%. If the borrower has the opportunity to deposit an amount of 40-60%, then the interest rate will be reduced.
Attention: The advantages of the program include a long loan term, which can be up to thirty years, as well as a fairly large amount - 8 million rubles for Muscovites and residents of the Moscow region, as well as St. Petersburg residents.
For other regions, the loan amount does not exceed three million.
To implement certain state support programs, housing loans are provided to certain categories on more favorable terms.
Such programs include:
How does state mortgage work?
The program aims to provide housing to that segment of the population that is considering purchasing economy housing in new buildings. For this category of compatriots, the rate is an important aspect of lending. Bank client, There are a number of steps you must follow to get your mortgage approved.:
- select a suitable property from the list of objects accredited by the bank;
- find out the cost of the object;
- decide: what down payment you can make; what loan amount are you interested in; How much monthly payment can you comfortably afford;
- submit a loan application to the bank.
If the application is approved, the bank transfers funds to the seller, the borrower begins to pay mortgage payments, and the state compensates the bank for losses incurred as a result of the application of the reduced interest rate.
You can consider the terms of the program using the example of VTB 24 Bank, which offers a mortgage loan with a rate of 11.4% with an initial payment of 20% and in the amount of 600 thousand rubles to 8 million. One of the loan conditions:
- purchasing housing in new buildings;
- purchasing a ready-made one from the developer.
To receive a loan, you must fill out an application and bring a package of documents to the bank. Upon receipt of a positive response, the borrower must, within 122 days, select the option of purchasing housing in a new building accredited by the bank. After this, a loan is issued.
It must be taken into account that the amount of government subsidies is limited. All allocated amounts are evenly distributed among the banks participating in the program. Once this amount is exhausted, its effect will cease.
The program turned out to be beneficial not only for ordinary mortgagers, but also for developers and banks. For individuals, rate reduction plays an important role. For many developers, the issuance of mortgage loans with state support became the very straw that allowed them to balance on the surface during difficult periods of the crisis. Reducing the rate to a convenient and affordable 12% made mortgages attractive to citizens again.
Most Russians solve their housing problems with the help.
Long-term installment plans at bank interest allow you to become a homeowner almost immediately, but monthly payments for 15-20 years place a heavy burden on the family. The lion's share of it consists of bank markups: as a result, the borrower overpays for an apartment or house by 2-3 times.
To reduce the payment burden and help citizens find a roof over their heads, the state offered the possibility of interest reimbursement. The essence of their conditions and whether mortgage subsidies will continue in 2019 will be discussed below.
State initiative and legislative framework
For the population, the state program of 12 percent subsidies, launched in 2015, has become a popular anti-crisis measure of preferential housing lending.
But the state also pursued another, no less important goal: to keep the primary real estate market afloat.
Help for developers
When at the end of 2014, banks' mortgage rates sharply increased from 12 to 17-20%, people simply stopped taking out loans at exorbitant interest rates, and the “primary” market was on the verge of collapse.
In March 2015 based on Government Decrees dated March 13, 2015, number 220 “On approval of the rules for providing subsidies from the federal budget to credit institutions to compensate for lost income on issued housing (mortgage) loans” starts. Banks began to issue mortgages at rates of up to 12 per annum, the difference was compensated by the state.
Subsidization was provided until the end of 2016. A decision on further extension or closure of the program has not yet been made at the government level.
Social support programs
The regulatory framework for state support is presented targeted programs:
- governor's programs "Young Family";
When providing assistance to the population in purchasing housing, government representatives and credit institutions are guided by federal laws in the field of social assistance, the Federal Law “On Mortgages,” and regional regulations.
State programs
Federal target program "Housing" helps improve the living conditions of a wide range of Russians. The initiator of the development and also the main curator of the Program is the Government of the Russian Federation. The project includes activities for 2010-2020.
Mortgage support for citizens provides two options:
Program "Housing for a Russian family". It acts as an addition to the state program “Providing affordable and comfortable housing and utilities.”
The main direction of the project is the construction of affordable economic class housing in the individual housing construction segment with the allocation of a land plot. It is planned to build more than 25 million square meters of living space.
The target population group is young families, specialists in in-demand professions, citizens aged 25-40 years.
The project is being implemented in 70 constituent entities of the Russian Federation. You can purchase a house with a plot using your own funds or mortgage lending.
Mortgage "Young Family" program for 2016 – 2020. Depending on the family category, the state subsidizes up to 30% of the cost of an apartment in a new building or the construction/purchase of a private house. The subsidy is limited to a maximum amount of 1 million rubles for a family of four people.
Requirements to applicants:
- age up to 35 years;
- need for housing;
- having a regular income to pay the remaining cost.
The family can pay the missing amount from their own funds or take out a mortgage with partner banks. , VTB are the main participants in this program.
Governor's projects "Young Family" provide regional assistance to citizens in need of housing. The intended purpose is similar to the federal assistance program.
Basic terms of assistance for young families locally include the following points:
- the age of applicants in most regions is set to 35 years;
- the maximum payment is 300-400 thousand rubles;
- assistance format – a certificate for the purchase of housing or subsidizing interest on a housing loan.
You can find out about similar projects in your region of residence in municipalities and SZN departments. Limitations also need to be clarified. In some regions, support in 2019 is possible in the absence of federal subsidies. 
Military mortgage or certificate provide for state assistance in providing housing to military personnel and citizens equivalent to this category:
- the employee must have served in the department as a private/officer for at least 3 years;
- certificates are provided for a specific purpose. In 2019, its maximum is 2,400,000 rubles;
- A mortgage for a military man implies state subsidization of interest on the loan - the military man pays a rate of 9.9%, the rest is reimbursed by the state.
Those who do not have their own housing or need improved conditions also apply for the above support. You can use the support only once, and the military must decide between a certificate or a subsidy.
Mortgage using. One of the options for using maternity capital funds is to improve the family’s living conditions. Moreover, this goal allows you to use the certificate funds until the second child turns three years old.
The family enters into an agreement with the lender to pay off part of the mortgage or pay the down payment with public funds. Then the Pension Fund transfers the required amount to the specified account.
A prerequisite for this method of acquiring real estate is the allocation of shares in ownership to each family member within 6 months after registration of the property.
Basic program conditions
Since the official repeal of Resolution No. 220 has not yet occurred, it is worth taking a closer look at the conditions for providing the population with state subsidies for mortgage loans:
There are no other restrictions or conditions. The problem is different: last year the government allocated for the state. subsidies amount to a little more than 20 billion rubles. This amount was not enough to meet demand, and banks had to introduce internal filters to reduce the number of applicants.
Innovations this year
In 2019, families in which a second or third baby is born before December 31, 2022, will expect surprises from the state. In this case, we are talking not only about social subsidies, but also about the opportunity to take part in a mortgage program, under which you can purchase housing on credit at a significantly reduced interest rate. At 6.00% per annum they will be able to buy real estate large families under the following conditions:
- The program was put into effect by Government Decree No. 1711 of December 30, 2017.
- Families who after 01/01/2018 can count on a reduced rate. will be replenished with a second or third baby, as well as those who previously took out a mortgage, but after the birth of 2-3 children in 2018, they refinanced it. In the latter case, applicants must have a contract for life, health and accident insurance.
- The state will subsidize the loan of the family in which the second child was born for three years. If a couple has a third baby, they will receive state support for five years.
- The maximum mortgage amount under this program is RUB 8,000,000. for residents of the capital, St. Petersburg, as well as the Leningrad region and Moscow region. Families from other Russian regions can count on no more than 3,000,000 rubles.
- When applying for a mortgage that is partially subsidized by the state, you will have to make a down payment, the amount of which can reach 20.00% of the value of the purchased property.
- According to the terms of the program, the purchased housing must be only from the primary market.
- Subsidies from the state will only be received by those borrowers who make required payments on their mortgage on time.
Other ways to obtain preferential housing loans
Banks are interested in growing the number of clients, so they are developing their own mortgage products that are truly attractive to the population:
- Sberbank offers housing lending programs for young families, including. Annual rates range from 10.75 to 11.5%. Programs are offered for women who have given birth/adopted a second child to purchase finished or under construction housing.
- VTB 24 offers housing loans with a rate of 11% and a minimum amount of 600 thousand rubles.
Almost every credit institution has housing lending programs with government support.
AHML – an opportunity to ease the “mortgage share”
Commercial structure with state participation AHML (Agency for Housing Mortgage Lending) is not directly involved in processing mortgages with subsidies. The organization cooperates with partner banks, where citizens can apply.
In times of crisis, it was AHML that took on the lion's share of the work on restructuring the debts of mortgage borrowers, and other categories of borrowers. The program of state support for problem “mortgages” through AHML turned out to be so successful that in January 2017, with changed conditions, it continued until 03/01/17.
The results of the “crisis” program to support the Russian real estate market look more than encouraging: the number of mortgage borrowers in 2018 increased by 50%, construction is underway, people are moving into new apartments. But she has exhausted herself. Time and the economic situation will tell whether a new form of large-scale subsidies will replace it.
For a description of preferential mortgage lending programs, see the following video:
Welcome! So, the conditions for obtaining a mortgage with state support in 2019 are the topic of our meeting today. You will learn what a mortgage with state support is, what assistance programs there are from the state and banks, and how to arrange everything correctly. A mortgage with state support 2019 is the surest way to profitably solve your housing problem.
Mortgage with state support - what does it mean? First of all, you need to decide on the essence of the mortgage program with state support. It is considered to be only subsidizing the interest rate for banks when borrowers obtain a mortgage for housing from a developer or contractor.
In fact, in 2019, mortgages with state support consist of a number of programs:
- Subsidizing mortgage rates by the state
- Mortgage for maternity capital
- Social mortgage
- Military mortgage
- Mortgage for a young family
- Mortgage 6 percent
- Mortgage restructuring with the help of the state.
The state mortgage support program is a whole set of tools from the state that allows you to obtain a mortgage on conditions that are more favorable than on the market for certain needy and socially significant categories of the population.
Also, a mortgage with state support is a set of measures from the state aimed at helping mortgage borrowers repay their mortgage loan faster through special subsidies, benefits and certificates.
Next, we will look in more detail at mortgage lending with government support and you will learn how to get a mortgage with government support in your specific situation. Subsidizing mortgage rates.
When the acute phase of the crisis in Russia began in 2015 and banks sharply raised mortgage rates, construction practically stopped. It has become unprofitable to take out a mortgage, which was the main driver of home sales. Then the entire construction industry of the country came under threat.
To save the situation, a program was launched to subsidize the mortgage rate for banks when purchasing housing directly from the developer. The government signed Resolution No. 220 on March 13, 2015, and pulled the banking and construction industries out of the crisis.
State support for mortgages consisted in the fact that it subsidized the bank according to the formula: Central Bank rate + 3.5% points, and for this the bank had to issue a mortgage at a rate of 12% or less.
It was possible to take out a mortgage if the following requirements were met:
- The seller is a legal entity (developer or contractor). It was impossible to take out this loan for an apartment from an individual investor.
- A secondary mortgage with state support is possible, but subject to 1 point in relation to the seller.
- The down payment is too high - 20%.
- A mortgage could only be issued for a period of up to 30 years.
- The mortgage amount is up to 3 million rubles in the regions and up to 8 million in Moscow and the region, St. Petersburg.
Matkapital gives you the right to repay the mortgage or pay the down payment. For 2017, the size is 453,026 rubles. There is already information that it is planned to consider extending it until 2023 because... This tool has proven itself very well and has allowed many families to improve their living conditions.
The essence of the program.
Its main feature is that you can use state funds not only to pay off your mortgage, thereby reducing your debt to the bank and reducing your monthly payment, but also as a down payment. Thus, without money, you can get a mortgage simply by presenting a certificate.
The bank will give you a mortgage for the entire cost of the apartment, and you must quickly contact the pension fund and write an application to transfer maternity capital funds to a credit institution. This takes approximately 2 months. Thus, for the first two months you will pay in full the entire cost of the apartment, and then the payment will be significantly reduced due to.
Mortgage with government support maternal capital can be issued in a number of the largest banks in the country. Such loans are issued by Sberbank, Rosselkhozbank, Uralsib and a number of others. Rate from 10.4% for 2017.
Social mortgage
The state mortgage lending program is aimed at solving complex social tasks to provide the population with their own housing. Socio mortgage became another instrument of the state.
What it is? Social mortgage is a multifaceted concept, consisting of a number of programs and products whose main goal is to support certain vulnerable categories of the population and socially significant areas of the economy (young families, teachers, doctors, military personnel, scientists, etc.).
A number of key areas can be identified:
- Mortgages from AHML partners for state employees and those in need. It allows you to lower your down payment and mortgage rate.
- State program “Housing for the Russian Family”. It will allow you to reduce the cost per square meter of an apartment and purchase it on preferential terms.
- Participants in the “Young Family” program have the right to state support with the payment of a down payment, and can also apply for benefits in banks and obtain a mortgage for a young family.
- Regional programs to support mortgage borrowers.
You can find out how to get a preferential mortgage from our previous post.
Military mortgage
Program: mortgages with state support for military personnel have long become a familiar sales tool for banks and a reliable assistant in solving the housing problem for military personnel. A special military mortgage condition was launched especially for this category.
The mortgage under this program for the military is paid by the state. The serviceman also has a special account; money from the state is regularly credited to it for the purpose of selling it for the purchase of housing. These funds can also be used for a down payment.
You can learn more about how to apply for a military mortgage, under what conditions in which banks, from our special post.
Young family
The Young Family program is available at Sberbank and Rosselkhozbank. This program allows you to reduce the down payment by up to 10%, and you can also get a discount on interest. To become a participant, it is enough that there is a child in the family and one of the parents is under 35 years of age.
“Young family” exists within a separate state program. With its help, you can receive a subsidy from the state for a down payment in the amount of 35% of the cost of the apartment. But this program is associated with a large number of bureaucratic issues and requirements.
Mortgage 6 percent
At the end of November 2017, Vladimir Vladimirovich Putin announced a number of initiatives aimed at increasing the birth rate. among others, a preferential mortgage was announced for those who give birth to a second, third and subsequent child in the period from January 1, 2018 to December 31, 2022.
Participation in this program will allow you to receive a rate of 6% on a mortgage for a period of 3-5 years, depending on how many children were born in your family after January 1, 2018.
This mortgage applies to the purchase of an apartment in a new building or refinancing an existing mortgage.
You will learn more in our other post.
Mortgage restructuring with government help
If you already have a mortgage, then the government can support you here too. We wrote earlier that with the help of the state you can reduce your mortgage by 453,026 rubles using a maternal certificate, but you want to get 1.5 million? Did you know that the state can write off up to 30% of the remaining debt to the bank, but not more than the above amount?
From 2015 to 05/31/2017, there was a special one from the state - mortgage restructuring with the help of the state according to Resolution 373.
As part of this program, mortgage borrowers of certain categories, which we wrote about in a separate post, have the right to write off 20 or 30% of the mortgage. The state compensates the bank for lost income, and the borrower can significantly reduce the payment or completely repay the mortgage.
Foreign currency borrowers, as part of this program, will be able to convert foreign currency mortgages into rubles. And if you just have a high interest rate, then you have the opportunity to reduce it to 12% per annum. You can also get a deferment of payments as part of government support.
Conclusion
So, state support in resolving the housing issue can be obtained not only at the time of obtaining a mortgage, but also upon receipt. This suggests that mortgages will continue to be a reliable tool for solving housing problems for a long time.
The state understands this and will continue to develop programs to stimulate demand for mortgages; it will be more accessible to a wide range of segments of the population, and with the help of special programs it will reduce the debt burden for certain categories of citizens who have already taken out a housing loan.
We will be happy to answer your questions. A huge request to support the project and press the buttons social networks, and don't forget to subscribe for updates. There are some very interesting mortgage news reviews ahead.
Decree of the Government of the Russian Federation dated March 13, 2015 No. 220 “On approval of the Rules for the provision of subsidies from the federal budget to Russian credit organizations and open joint stock company"Agency for Housing Mortgage Lending" for compensation of lost income on issued (purchased) housing (mortgage) loans (loans)"
Publication date: 24.03.2015
Date of change: 24.03.2015
Attached file: pdf, 5.06 MB
GOVERNMENT OF THE RUSSIAN FEDERATION
RESOLUTION
ABOUT APPROVAL OF THE RULES
The Government of the Russian Federation decides:
1. Approve the attached Rules for the provision of subsidies from the federal budget to Russian credit organizations and the open joint-stock company "Agency for Housing Mortgage Lending" to compensate for lost income on issued (purchased) housing (mortgage) loans (loans).
2. Financial support for the fulfillment of expenditure obligations for the provision of subsidies in accordance with the Rules approved by this resolution shall be carried out at the expense of:
budget allocations provided in accordance with paragraph 10 of part 1 of Article 21 of the Federal Law "On the Federal Budget for 2015 and for the planning period of 2016 and 2017" under the subsection "General Economic Issues" of the section "National Economy" of the classification of budget expenditures, in the amount of 11 billion . rubles;
budget allocations provided for by the federal target program "Housing" for 2011 - 2015 in the amount of 9 billion rubles.
Chairman of the Government
Russian Federation
D.MEDVEDEV
Approved
Government resolution
Russian Federation
RULES
PROVIDING SUBSIDIES FROM THE FEDERAL BUDGET
RUSSIAN CREDIT ORGANIZATIONS AND OPEN JOINT STOCK COMPANIES
TO THE COMPANY "AGENCY FOR HOUSING MORTGAGE LENDING"
FOR COMPENSATION OF LOST INCOME ON ISSUED
(PURCHASED) HOUSING (MORTGAGE) LOANS (LOANS)
1. These Rules establish the goals, conditions and procedure for providing subsidies from the federal budget to Russian credit organizations and the open joint-stock company "Agency for Housing Mortgage Lending" (hereinafter referred to as credit organizations, the Agency) to compensate for lost income on housing (mortgage) loans (loans) ), issued to individuals in the period from March 1, 2015 to March 1, 2016 for the purchase of residential premises or residential premises with a land plot or residential premises under construction, under an agreement for participation in shared construction (an agreement for the assignment of rights of claim under specified agreement) in accordance with the provisions of the Federal Law “On participation in shared construction of apartment buildings and other real estate and on amendments to certain legislative acts of the Russian Federation” (hereinafter referred to as residential premises) and the rights of claim under such loans acquired by the Agency during the specified period ( loans) (hereinafter referred to as credits (loans), subsidies) in a total amount of up to 400 billion rubles.
2. Subsidies are provided monthly within the limits of budgetary allocations provided in the prescribed manner to the Ministry of Finance of the Russian Federation for the implementation of the federal target program "Housing" for 2011 - 2015 of the state program of the Russian Federation "Providing affordable and comfortable housing and utilities for citizens of the Russian Federation", and limits of budget obligations approved in the prescribed manner for the purposes specified in paragraph 1 of these Rules.
3. Subsidies are provided to compensate for lost income of credit institutions and the Agency up to the level of the key rate of the Central Bank of the Russian Federation, increased by 3.5 percentage points, due to their provision of discounts when issuing (purchasing) loans to individuals at a rate of 13 percent per annum. The subsidy period begins from the date of issuance of the loan (loan), but not earlier than April 1, 2015, until the expiration date of its validity.
If the key rate of the Central Bank of the Russian Federation is reduced to 9.5 percent or lower, the provision of the subsidy is terminated and may be resumed based on a decision of the Government of the Russian Federation.
4. Subsidies are provided to credit institutions and the Agency to compensate for lost income on loans (loans) issued to individuals for the purchase of finished residential premises from a legal entity on the primary housing market under sales contracts or the acquisition from a legal entity of residential premises under construction , under an agreement for participation in shared construction (an agreement for the assignment of rights of claim under the specified agreement) in accordance with the provisions of the Federal Law "On participation in shared construction of apartment buildings and other real estate and on amendments to certain legislative acts of the Russian Federation" in accordance with the agreements on the provision credits (loans) (hereinafter referred to as the credit agreement (loan agreement) under the following conditions:
a) the credit agreement (loan agreement) was concluded in rubles no earlier than March 1, 2015 inclusive;
b) the amount of the credit (loan) is:
up to 3 million rubles (inclusive) - for residential premises located in the territories of constituent entities of the Russian Federation, with the exception of Moscow, the Moscow region and St. Petersburg;
up to 8 million rubles (inclusive) - for residential premises located in the territories of Moscow, the Moscow region and St. Petersburg;
c) the borrower must pay at least 20 percent of the cost of the purchased residential premises at his own expense;
d) the lending rate stipulated by the credit agreement (loan agreement) cannot exceed 13 percent per annum, provided that the borrower enters into personal insurance and residential insurance contracts after registration of ownership. The interest rate is fixed in the credit agreement (loan agreement) for the entire term of the loan (loan). An increase in the interest rate is allowed only if the borrower fails to comply with the insurance conditions provided for in the credit agreement (loan agreement), while the amount of the subsidy is reduced in proportion to the increase in the interest rate. If the interest rate under the credit agreement (loan agreement) is set below 13 percent per annum, the subsidy is provided based on the interest rate level of 13 percent per annum;
e) the validity period of the credit agreement (loan agreement) is up to 362 months inclusive;
f) repayment of the loan (loan) is made in equal monthly (annuity) payments throughout the entire term of the loan (except for the first and last months) without the possibility of increasing the balance of the loan debt.
5. To receive a subsidy, credit institutions and the Agency, within 30 calendar days from the date of entry into force of these Rules, submit an application to the Ministry of Finance of the Russian Federation in the form according to Appendix No. 1 (hereinafter referred to as the application), to which the following documents are attached:
a) a schedule for the monthly issuance of credits (loans) by a credit institution for the period until March 1, 2016 or the monthly acquisition by the Agency for the period until March 1, 2016 of claims on credits (loans), indicating the minimum amount of funds allocated for the issuance ( acquisition) of credits (loans) amounting to at least 300 million rubles monthly, starting in May 2015 (hereinafter referred to as the schedule);
b) information about the state registration of the credit organization and the Agency as legal entities and a copy of the license for banking operations issued by the Central Bank of the Russian Federation (for credit institutions);
c) notarized copies of the constituent documents of the credit institution and the Agency;
d) a certificate signed by the head and chief accountant of the credit institution and the Agency, sealed, indicating the bank details and accounts to which the subsidy should be transferred.
6. Ministry of Finance of the Russian Federation:
a) registers, in order of priority, the applications and the documents attached to them, specified in paragraph 5 of these Rules, in a special journal, which must be bound, numbered page by page and sealed by the Ministry of Finance of the Russian Federation;
b) checks the completeness of the information contained in it within 15 working days from the date of receipt of the application;
c) analyzes the total amount of funds indicated in applications. If this amount of funds exceeds 400 billion rubles, then the amount of funds specified in the application planned for the issuance (purchase) of credits (loans) is reduced proportionally so that the total amount of credits (loans) does not exceed 400 billion rubles. The calculated amount of funds for each credit institution and the Agency is established as a limit of funds allocated for the issuance of credits (loans) by credit institutions and the acquisition by the Agency of claims on credits (loans) (hereinafter referred to as the funds limit). At the same time, schedules are adjusted so that the monthly amount of funds planned for the issuance (purchase) of credits (loans) is at least 300 million rubles. If the total amount of funds specified in the applications is less than 400 billion rubles, then the limit of funds is set equal to the amount of funds specified in the application, and the deadline for accepting applications specified in paragraph 5 of these Rules is extended to the next calendar month, while the amount the limit of funds for applications submitted within the period established in paragraph 5 of these Rules is not subject to further revision, except for the case provided for in paragraph 7 of these Rules;
d) sends a notification to the credit organization and the Agency about the amount of the funds limit in the form in accordance with Appendix No. 2. The application with the attached schedule and the notification together are considered an agreement on the provision of a subsidy concluded by the Ministry of Finance of the Russian Federation with the credit organization or the Agency.
7. Credit organizations and the Agency are obliged to issue (purchase) monthly credits (loans) in an amount not less than the amount specified in the schedule, while the monthly amount issued by the credit institution and the monthly amount of credits (loans) purchased by the Agency must be for each credit institution and the Agency at least 300 million rubles monthly, starting from May 2015.
If a credit organization or the Agency violates the specified conditions for 2 months in a row, the Ministry of Finance of the Russian Federation has the right to redistribute the amount of the funds limit established for this organization or the Agency between other credit organizations that previously had a fund limit and the Agency.
8. To receive a subsidy, the credit institution and the Agency submit to the Ministry of Finance of the Russian Federation no later than the 10th working day of the month following the reporting month, an application for receiving a subsidy (hereinafter referred to as the application) in the form according to Appendix No. 3.
9. Ministry of Finance of the Russian Federation:
a) registers applications in order of priority in a special journal, which must be bound, numbered page by page and sealed with the seal of the Ministry of Finance of the Russian Federation;
b) checks within 10 working days from the date of receipt of the application the completeness of the information contained in it and makes a decision to provide a subsidy or to refuse it;
c) in accordance with the established procedure, within 5 working days from the date of the decision to provide a subsidy, transfers the subsidy to the account of the credit institution and the Agency.
10. If a decision is made to refuse to provide a subsidy, the basis for which is the discrepancy of the information presented in the application with the requirements and conditions established by these Rules, or the presence of false information in them:
a) The Ministry of Finance of the Russian Federation, within 10 working days from the date of adoption of this decision, sends a notification to the credit organization and the Agency indicating the reasons for making such a decision;
b) the credit institution and the Agency have the right to resubmit the application with updated information within 15 working days from the date of sending the specified notification.
11. Control over compliance with the goals, conditions and procedure for providing subsidies is carried out by the Ministry of Finance of the Russian Federation and the Federal Service for Financial and Budgetary Supervision, which, if a violation of the goals, conditions and procedure for providing subsidies is detected, sends a notification to the credit institution or the Agency about the violations.
12. If it is established that the recipient of the subsidy has violated the goals and conditions of the subsidy, the funds received by the credit institution and the Agency are subject to return in the manner established by the budgetary legislation of the Russian Federation and these Rules.
