Improvement problem living conditions is relevant to many people. It is not for everyone to raise enough money to buy real estate on their own. Therefore, citizens turn to banks for loans.
Belarusbank offers citizens to use the system of construction savings. To do this, the client opens a special deposit, deposits cash. Accrued interest is also accumulated on the deposit. After the expiration of the period established by the agreement, the client applies for a loan. The term of use of funds is up to 20 years from the date of transfer of the loan. The issuance is carried out by transferring money to the account of the property owner.
The allocated amount can be up to 75% of total cost object. The specific amount is determined by bank employees, taking into account the following factors:
The rate for using the loan can be set at the level of the refinancing rate - + 3% . In this case, it is reviewed as soon as the National Bank changes this value. The client can choose weighted average rate. Then the refinancing rate is taken into account, which was in effect in the period from the moment the deposit agreement was concluded until the month preceding the issuance of money. A citizen who has previously issued savings deposit under the building savings system.
The bank also issues cash in the amount of up to 75% of market value purchased object. The term of use of money is up to 15 years. The interest rate is set at the refinancing rate + 3%. A Belarusbank loan for housing construction can be issued upon submission of the following documents:
A loan from Belarusbank for the purchase of housing is issued to any person who meets the following requirements:
In 2017, Belarusbank OJSC offers customers to use the loan service for the purchase of housing, including parts of residential real estate.
You can apply for a loan for the purchase of real estate in the primary and secondary markets. The option of acquiring a part of the premises or made by state order is also being considered.
The period for which the product is issued is up to 20 years. An initial fee is 25%.
To get a loan from Belarusbank, a borrower ( individual) must meet the following criteria:
To get a loan, you need to provide the following package of documents:
The certificates are valid for 30 calendar days from the date from which they were issued.
For individual entrepreneurs, you must additionally provide:
To apply for a loan for housing, you can contact the following representative offices of JSC ASB Belarusbank:
Belarusbank willingly provides various segments of the population credit loans for the purchase of real estate. This practice is beneficial to the bank itself and contributes to the decision housing problem throughout the country.
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The loan is provided in Belarusian rubles, and its size is determined by the solvency of the recipient.
Interest on the loan is paid throughout the entire period of actual use of the loan.
According to the legislation in force in the country, the amount of a one-time cash loan for the purchase of residential real estate should not exceed 90% of its value.
In case it is about large families or families containing minor children, the threshold of the loan amount can be increased to 95%.
To apply for a loan, the client should contact the branch of Belarusbank, having the documents necessary for the procedure.
Bank employees will help you fill out an application form for a loan and choose a suitable loan program.
After making a decision on issuing a loan, a meeting is scheduled for the client to agree on the necessary formalities and issue funds.
A very convenient way of registration for the client and the bank is online application. The required form is filled in by the client on their home computer and then sent to the appropriate address.
All related issues are discussed between the client and bank representatives over the phone.
The coordination of formalities is carried out after the bank decides to issue a loan in one of its branches. Usually the application is considered during the day.
To obtain a loan for the purchase of an apartment in Belarusbank, the client must fulfill the following requirements of the bank:
It's connected with long periods issuance of such loans and high interest by them.
If at the time of putting the house into operation all internal Finishing work, a loan can be granted in the amount of the full standard of preferentially credited housing.
The Young Families Loan Program was created to improve their living conditions.
The interest rate on the loan is equal to the refinancing rate, the documents should be submitted to Belarusbank after the real estate is put into operation (acquisition).
The total amount of the loan does not exceed 90% of the value of the housing.
Such loans are available only to citizens who have entered into contracts for the sale of residential properties built on state orders.
The interest rate is equal to the refinancing rate with the addition of 15 points and ranges from 28.5 to 38.5% per annum.
The loan is allocated for up to 15 years and amounts to 75% of the cost of the purchased house. There is a possibility of early repayment of the loan without the application of penalties to the borrower in case of delay in the previously made payments.
How to get a soft loan to buy a home? Read.
A loan from Belarusbank for the purchase of housing has its advantages and disadvantages.
Its advantages include:
The reality of early repayment of the loan, provided that there are no penalties from the bank.
Long term loan agreement.
The loan has the following disadvantages:
On the cheap credit at 6-9% per annum only those in need can count - those who are already in line for improving their living conditions. Two banks give such a loan - Belagroprombank and Belarusbank.
AT Belagroprombank reported that a loan for housing construction at 6% in the first two years and at 9% - in the remaining will be given only to those on the waiting list - veterans of hostilities in other countries.
Recall that Belagroprombank gave loans to those in need at 13.5% per annum. 10 million rubles were allocated for the program. Half of this limit - 5 million rubles - was exhausted in two days. The second was "reserved" for the soldiers-internationalists. Only they can take advantage of this loan. Now the loan rate has dropped to 6% for the first 24 months of using the loan, and to 9% for the next.
A similar - the cheapest on the market - loan for the needy at 11.5% per annum at the beginning of the year and Belarusbank. Now the bank also gives a loan to those on the waiting list at 6% per annum. But - only to those on the waiting list directed for construction from the local executive committee and only in houses that are included in the list of the Ministry of Construction and Architecture.
There are 20 houses on the list, including three of them in Minsk (Kamnaya Gorka, Sharagnovicha-Rafieva and Mikhalovo-Alibegova). Two more houses are offered in the suburbs of the capital - in the village of Kopische and the agricultural town of Priluki.
The loan is issued for up to 20 years.
Cheap loans - for the rest
More recently, the rate on housing loans floated around 17% per annum. In May, the first offers appeared with a more attractive rate - from 11%. And now there are banks lending to the purchase of new buildings from certain developers at more or less rising interest rates.
For example, BelVEB offers a loan "Friendly Budowlya" at 11% per annum for the construction or purchase of ready-made real estate. Under such a percentage, clients of four developers are credited. In particular, Vnesheconomstroy ( residential buildings on Pobediteley Avenue, 27 and st. Myastrovskaya, 24); "Belinterrosinvest" - residential buildings on Myastrovskaya, 4 and 6; and LLC " Construction company Scanko is a residential building at 10, Svyazistov Street. The loan rate will remain unchanged throughout the entire loan term. The loan is issued for up to 25 years.
In Belagroprombank you can take targeted loan for housing construction at 12% per annum (the first two years, starting from the third - the refinancing rate plus three percentage points, now the rate is 12% per annum). The loan is issued for a period of 20 years and on a general basis (it is not necessary to stand in line).
