To live in your own separate apartment or private house is the desire of almost all families. Unfortunately, not everyone has this opportunity. Sometimes the only way out is to buy a home with a mortgage.
Necessary
- - documents confirming that you need to improve living conditions (certificates of lack of property or a small number of square meters per person)
- - documents on belonging to the category of people entitled to receive a social mortgage
- - income statements
Instructions
Step 1
Interest rates on mortgages in banks are very high, and given the high cost of housing and the number of years for which this mortgage is taken, a huge overpayment is obtained, which would allow buying two or even three instead of one apartment. But sometimes this is the only way to buy housing, the better it is to pay for your own than to give the same amount for a rented apartment.
Step 2
The state helps some categories of citizens to purchase an apartment with the help of a social mortgage. This assistance can be expressed in partial payment of the interest rate on the loan, the allocation of a single amount (subsidy) or the possibility of purchasing housing at a reduced price, which may be 2-3 times less than the market price.
Step 3
Not all citizens can take advantage of the state's help, but only those who fall into one of the categories. These include the military; young families in need of better housing conditions; budget workers and people working in science, etc. In some regions, local authorities provide social mortgages to other categories, for example, young people participating in construction brigades, after working out a certain amount of time, such an opportunity is also given.
Step 4
To find out how you can get a social mortgage, you should contact your local authorities, and then collect a number of documents confirming this your right.
Step 5
If you belong to the military, the state transfers a certain amount for each year of service, which can be spent on the purchase of housing. And then you can buy an apartment from a developer who participates in the Military Mortgage program. You can already pay the rest of the money yourself or take an additional loan from the bank. At the same time, the interest rate may also be lower than usual.
Step 6
There is also a state program "Young Family", in which families under 35 years old and recognized as needing better housing conditions can participate. To do this, you need to collect certificates and extracts stating that you do not have property and the number of meters per person is less than the norm. This norm is set for each region - from 8 to 18 square meters per person. For disabled people, these values are doubled. After assembling and confirming all the documents, you are put in a queue, upon reaching which the state allocates an amount of money to you based on the average cost of housing. If there are children, this subsidy is increased.
Step 7
Employees of some budgetary industries and people of science in many regions are also entitled to government assistance in buying a home. This can be expressed both in receiving a subsidy and in a reduced interest rate on the loan.
Step 8
Housing received under a social mortgage is most often renovated, i.e. the apartment is already habitable.
