SHARE CONSTRUCTION IS FAVORABLE CONDITIONS!

Installments for the entire construction period!

Payment is made in installments throughout the entire construction period

It is possible to build apartments using credit resources.

The refinancing rate has been reduced in Belarus! From 08/14/2019 it is 9.5% per annum.

You can find out information about loans for housing construction by calling:

tel. Contact Center - 148 - OJSC "BPS Sberbank"

Loan calculator

"Loan for real estate "Housewarming with Sberbank". OJSC "BPS-Sberbank" provides loans for housing construction at 14.31% (CP + 4.31 percentage points). The loan amount is up to 90% of the value of the property. The loan term is up to 20 years.

tel. Contact center - 147 - OJSC "ASB Belarusbank"

JSC ASB Belarusbank provides loans for housing construction: 14.00% per annum (CP+4.50 p.p.). Loan term up to 20 years. The loan is provided in the amount of up to 90% of the cost of residential premises.

tel. Contact Center - 136 - OJSC "Belagroprombank"

OJSC Belagroprombank provides loans for housing construction: 14.00% (CP+4.50 percentage points) per annum for up to 20 years. The loan is provided in an amount of no more than 90% of the cost of the residential premises.

"OJSC Belinvestbank provides loans for housing construction: 13.0% (1.209*overnight rate). The loan amount is up to 90% of the value of the property.

The loan term is 10 or 20 years.

tel. Contact center - 120 - OJSC "Belgazprombank"

JSC Belgazprombank is currently suspending real estate lending

tel. Contact Center - 58-06-55; 487 - PriorbankOJSC

At Priorbank OJSC, the interest rate on a loan for real estate construction is:

Option 1: Variable rate:

- 13.80% (NB SR + 4.30 percentage points) - during the loan period.

Option 2: Constant rate - 13.8% per annum.

The minimum share of own participation is from 20% (determined by the bank based on the results of consideration of the loan application). Loan term: 5,10,15 or 20 years.

Purchasing real estate without guarantors using an apartment as security.

Credit calculator

To real estate

The bank bears special risks when issuing loans to individuals for the construction of individual housing. Therefore, the general requirements of banks for borrowers are strict.

• Firstly, It is desirable to have a plot of land for construction owned. Land rent is acceptable, but there is less chance of getting a loan.
• Secondly, to the site housing and communal infrastructure must be provided. The fact is that a mortgage loan is issued against real estate. A site with a gas pipeline and other communications installed there is more expensive, therefore it significantly increases the bank’s motivation to issue you a loan.
• Third, construction must be approved, and you must have a permit to build a house. Coordination takes place in the architectural committee of the municipality where the site is located.

  You must agree on the plan for future construction with the committee, as well as with the SES and the Fire Inspectorate; after all the approval procedures have been completed, you will be given a construction passport, which is a permit to build a house.

ATTENTION. If the building is already under construction, then you need to register ownership of the unfinished construction project.

To the borrower

The main requirements for the fund applicant are as follows:

1. Solvency. He will need to make large payments to the bank every month. Mortgage interest starts at 14% per annum, so people with incomes of 50 thousand rubles or more can apply for such a loan. You will have to confirm your solvency either with certificates from your place of work or with the Personal Income Tax Form-2.
2. Age restrictions. It is desirable that the borrower be over 25 and under 65 years of age. The conditions for issuing mortgages for construction are very flexible. You can stipulate in the contract that the loan amount will be disbursed in installments, according to each stage of construction. This way you can reduce the risks when stopping the construction of a house due to insurmountable circumstances.
3. Availability of guarantors.
4. An initial fee. This fee can be up to 20% of the total loan amount. You can use maternity capital to pay off the down payment.

Conditions in Russian organizations

Sberbank

This bank has strict requirements for borrowers.

The interest rate on construction loans starts from 12% per annum and depends on your financial security, as well as the loan amount.

Each mortgage case is considered individually by bank employees. But you yourself can find out the conditions under which you will be given a loan by using the calculator on the Sberbank website.

ATTENTION. Sberbank provides the opportunity to increase the loan amount if construction costs change within 2 years. In this case, it is necessary to provide documents that indicate this.

Alfa Bank

Rosselkhozbank

VTB

Gazprombank

Belagroprombank

Priorbank

Where is the best place to register?

Having analyzed the conditions that banks offer Russian consumers, we can conclude that The most favorable terms for lending for construction are offered by Rosselkhozbank and Alfa-Bank. They offer the lowest loan rates (about 10% per annum) and do not force borrowers to make a large down payment.

As for banks of the Republic of Belarus, Belagroprombank provides the most favorable conditions. Even if we compare it with Russian banks, it is obvious that it offers the most lenient conditions to its clients.

The popular state-owned Sberbank, oddly enough, does not offer very favorable loan terms. The minimum loan rate is 12%, the down payment starts from 25% of the amount. The advertisement of this bank promises an individual approach to the client, but the conditions are initially too high, and it will be difficult to get a mortgage for construction.

Russian banks place serious demands on their borrowers and their construction projects. Most of them provide loans secured by the house under construction and the land plot under it. The most favorable conditions in Russia are offered by Alfa Bank and Rosselkhozbank. In Belarus, the most profitable mortgage is from Belagroprombank.

Hi all

More recently, we were faced with the question of taking out a loan for a large amount of money (namely for real estate financing). Having studied the offerings of banks in our country, we decided to choose Belagroprombank for the following reasons:

• maximum loan amount- 90% of the cost of housing(that is, we only needed to deposit 10% of the amount of the apartment). This is very important for those who just can’t save up for a down payment.
• term- 20 years(for a shorter loan period, very unrealistic payment amounts were obtained).
• interest rate adequate (although what percentage is considered adequate for Belarus?)

The interest rate for using a loan is variable and changes on the day the refinancing rate of the National Bank of the Republic of Belarus changes.

Now, probably, in all banks it’s like this.. That is.. “bang” - and now the interest on the loan will be 30%, and not as I took - 12-15%...

• deferment possible up to 6 months repayment of payment (principal debt). That is, you will only pay interest to the bank for 6 months, and the amount borrowed will not decrease one bit. Not really such a prospect(

Loan collateral:

• surety at least 2 (two) individuals and (or) mortgage of residential premises built using a loan;
• pledge real estate (until the mortgage agreement for residential premises built using a loan is submitted to the bank) and mortgage residential premises built using a loan.

I’ll talk about these nuances of “security” below.

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In the premises of "Belagroprombank" it is civilized: electronic queue to specialists, soft sofas and TV.

To apply for a loan, you will have to run around, collect various certificates (the most important, of course, about income), and guarantors. If your own income is not enough for a loan, then you can include a close relative (spouse, mother/father) in your total income. In general, you should Contact the bank for advice - initially they will calculate whether your income is enough for a loan. And only then look for guarantors.

*data as of summer 2017

Loan agreement:

We needed 3 guarantors.For registration guarantee agreement You also need to pay the amount to the cashier. For each 20 Belarusian rubles ( 10$ ). The guarantor's salary should be at least $250-300, and preferably more. Or they will increase the required number of guarantors.

Also, the “voluntary-compulsory” service is “tied” here. That is, everyone still needs to be insured - 18 Belarusian rubles from each ( 9$ ). And the guarantors are insured, the one who takes the loan, plus who shares the total income with it. In short, we insure everyone!

The bank also issues pledge agreement. For this you will have to pay another 45 Belarusian rubles (22,5$).

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*This doesn’t apply to the bank, but I’ll still tell you further what the decoration of the apartment will entail.

• You need to pay for state registration, etc. - 14.7 bel. ruble (7,4$)

  

  

  • For drawing up and issuing a technical passport for an apartment - 27.49 bel. rubles (13,7$)

  

  

  We did this without urgency. If you need it quickly, the amount increases 2-3 times.

  =============================================================================

  • Need to do real estate valuation. Yes Yes. That new building apartment you just built! They call it money out of thin air.

  Estimated market value of real estate - 100 BYN. rubles ( 50$ )

  * As usual, amounts increase for urgency. We did everything without speeding up.

  

  • Another payment for BTI services. I don’t even remember why. 12.25 bel. rubles ( 6$ )

  

  At this point, the fees for the services of the pledge agreement stop. Then comes the design stage mortgages.

  =======================================================================

  You cannot be assigned to the apartment until the mortgage agreement is drawn up!

  At the appointed time, it was necessary for the bank representative and us (me + husband) to gather at the BTI. We signed the documents (quite quickly, 20-30 minutes). And, again, you have to pay for it)))

  • State registration of the agreement - 29.90 bel. rubles ( 15$ )

  

  • The state fee for certifying the pledge agreement is 115 BYN. rubles ( 58$ )

  
  

Belagroprombank today is one of the leaders in the banking industry in Central and Eastern Europe. This financial institution provides the population of Belarus with various credit programs, including loans for the purchase/construction of real estate. You should figure out what real estate loans are available at Belagroprombank. In this article we will look at what a real estate loan is.

Real estate financing

The bank has a large number of loan programs. Citizens can apply for a consumer loan, credit card, car loan, and refinance existing debt obligations. A separate lending segment is real estate financing. Bank clients can receive funds to purchase or build their own residential house, apartment and other residential premises.

Among the loans related to the purchase of real estate, the following loan programs can be distinguished:

• “For the purchase of housing”;
• “For those in need of improved housing conditions” (including through the attraction of subsidies);
• "For the construction of residential premises."

Specific loan parameters depend on the selected program. The same applies to the requirements for the documentation provided.

Loan for the purchase of finished housing

A citizen of Belarus can take out a loan in Belarusian rubles to purchase a ready-made apartment or house. The minimum loan amount is 1000 rubles. The maximum amount of funds provided is not limited, but directly depends on the client’s solvency. In addition, the bank is ready to allocate no more than 90% of the total cost of the transaction, so the citizen will have to contribute part of the funds themselves.

The main parameters of the loan are as follows:

1. The loan must be repaid within 20 years.
2. The interest rate in the first 2 years is 11%, and starting from the 3rd – 14% per annum.
3. You can start repaying the loan 6 months after taking it out (there is a possibility of deferment).
4. The funds are not issued to the client, but are immediately transferred to the person selling the property.
5. The loan is repaid by making annuity payments.

At Belagroprombank, loans for the purchase of housing are issued only if there is collateral. You will need guarantors (at least 2 people) and collateral.

The purchased property serves as collateral.

As in the previous case, the loan currency is Belarusian rubles. You can borrow at least 1000 rubles. Unlike the loan program described above, there is a maximum loan size. You can apply for a loan in an amount of up to 150 thousand rubles, but 10% of the transaction value must be paid by the client himself.

It should also be noted that:

1. This program provides a reduced interest rate. During the first 2 years you will have to pay no more than 5.5% per annum, then - 8.5%.
2. Funds are issued for 20 years.
3. You can receive a loan under this program only until December 28 of the current year.
4. The borrower needs to attract 2 guarantors. The purchased housing will be secured.
5. To participate in the program, you must submit documents indicating that the family is indeed registered with the state.

The number of such loans is limited. Limits are set for each bank. Therefore, before submitting an application, you need to find out from the department of the institution whether there is still an opportunity to apply for a loan.

With the help of subsidies

Citizens who have subsidies for housing construction can receive a special loan from Belagroprombank. The period during which the funds must be repaid is 20 years. The maximum loan amount depends on the information provided on the grant statement. The interest rate corresponds to a loan for the purchase of finished real estate.

To receive a loan, you must provide an extract from the decision of the executive and administrative body in the region where the house was built. You also need to attract guarantors (at least 2 people).

It is possible to defer loan repayment, but not more than 18 months.

Loan for the construction of residential premises

If necessary, the borrower may request a deferment of payments. The maximum period is 18 months. At least 2 guarantors are required. The mortgaged property serves as collateral. Until it is provided, the borrower's apartment will be considered collateral. When assessing solvency (the amount that the bank will be willing to provide to the client depends on this), not only the personal income of the borrower is taken into account, but also the earnings of his spouse and close relatives.

Funds can be provided in a one-time transfer or in multiple payments. The same requirements are imposed on persons acting as guarantors as on the borrower himself.

The last rule applies to all loan programs related to the provision of money for the purchase or construction of real estate.

additional information

1. In order to receive a loan, the borrower must submit not only an application, but also additional documentation. The list of documents depends on the specific situation. It may include the following papers:
2. Personal passport.
3. Certificate of income (salary, pension, bank account statement, etc.).
4. Military ID.
5. Certificate of registration of land (if funds are taken to build your own house).
6. Construction contract.

Certificate from the organization of citizen developers, etc.

In order to receive money, you must be an adult, have citizenship of the Republic of Belarus and a credit history without blemishes, and also have an income above the minimum established by the state for the region. It takes no more than one week to review all documents. If employees need to clarify any information, the period may be extended to 12 days.

Thus, citizens who want to build their own house or buy ready-made real estate can receive a housing loan from Belagroprombank. This institution operates loan programs for various categories of citizens. You can also obtain funds to purchase housing bonds. Regardless of the specific program, the borrower will have to contribute part of the money necessary to purchase property.

Loan for home purchase

Within the framework of the program, it is possible to purchase a house, apartment, or part thereof, in new buildings or on the secondary market, including auction real estate.

The purchase and sale agreement can be submitted after the application has been approved and a decision on the loan has been formed.

1. Product Parameters:
2. The overpayment rate is 16.0%. The variable interest rate directly depends on the refinancing rate (SR) established by the National Bank of the Republic of Belarus and is equal to SR + 5%.
3. The minimum amount of the credit limit is 1,000 Belarusian rubles, the maximum is determined by the financial condition of the borrower, but cannot exceed 90% of the estimated value of the purchase object.

The contract is drawn up for a period of up to 20 years.

• The bank will accept as collateral:
• Guarantee of at least two individuals and registration of purchased property as collateral.

Provision of real estate as collateral until the mortgage agreement is concluded, and after the purchased one.

The bank may provide a deferment on repayment of the loan principal for up to 6 months. In this case, interest will be accrued monthly.

An application for receiving funds is processed from 7 to 12 days. You can pre-calculate the payment amounts using the loan calculator located on the bank’s official website.

Loan for borrowers who need to improve their living conditions

The financing procedure does not differ significantly from the previous one - the rate under the agreement is variable and will be 16%, but may change following fluctuations in the refinancing rate established by the National Bank of the Republic of Belarus (SR + 5%). However, there is one limitation - only those who improve their living conditions by attracting subsidies for the purpose of constructing residential real estate can take advantage of the preferential product.

You can take from 1,000 bel. rubles, the maximum limit is the lesser of the value of the object, which is indicated in the statement of the subsidy decision, and the total price of the work required for construction.

1. The guarantee under the contract can be:
2. penalty and mortgage;

attracting at least two individuals as guarantors and collateral in the form of an object being built using loan funds.

The application will be reviewed within 4 days. Additionally, the client can count on a deferment in the payment of the principal debt for a period of up to 1.5 years; interest on the loan will need to be paid into the account monthly.

Purchase of house kits made in Belarus As part of the program, the bank issues from 100 bel. rubles, the maximum amount depends only on the solvency of the borrower.. The variable rate will be 15% (SR+4%) for the first year and 16% (SR+5%) for subsequent years. Loan term – up to 7 years.

Security under the contract up to 100 BYN. rubles serves as a penalty and guarantee of one individual. For larger financing - only a guarantee.

The loan is provided in the form of a non-revolving line of credit. Within 24 hours, the bank makes payments to the trading company according to the borrower’s accounts provided.

The documents must indicate that the house kit was manufactured in the Republic of Belarus, otherwise the bank returns the document without transferring funds.

Loan for the construction of residential premises

Money is provided for the construction of a residential building or apartment. The interest rate will be 16%, but is variable (CP+5%) and changes on the day the refinancing rate fluctuates.

Minimum amount 1,000 BYN. rubles, the maximum does not exceed 90% of the assessed value and 150,000 BYN. rubles, the bank’s decision will also be affected by the borrower’s solvency. An agreement is drawn up for a period of up to 20 years.

Loan for the construction of residential premises in Belagromprombank

Amount of credit
from 1000 bel. rubles up to

150,000 BYN rubles

loan terms

loan rate
from 16%

per annum

* - money is provided for the construction of a residential building or apartment

• The condition of financing is to ensure:
• Attracting two guarantors until the documents are signed, after which the object being built using loan funds is registered as collateral.

An alternative is to provide security in the form of your own real estate instead of a third party, then pledge the property, financed with borrowed funds.

The bank may grant a deferment on repayment of the principal amount for up to 1.5 years; the borrower will only need to pay accrued interest.

Loan for the purchase of housing bonds

The contract rate is 16% (CP+5%), the maximum amount cannot exceed 150,000 BYN. rubles or 90% of the value of the bonds (sale price).

Before registering the purchased property as collateral, the borrower must provide guarantees to secure the loan in the form of two guarantors or their own house/apartment. The bank will announce a response to your application within 7–12 days.

Bank requirements for potential borrowers

Financing is available to all individuals who meet the requirements of Belagroprombank:

• Citizenship or residence permit and permanent registration in the Republic of Belarus.
• Coming of age.
• A stable income exceeding the minimum subsistence level, which the borrower can document with proof (as part of the program for purchasing house kits, a minimum salary level is not established).
• Positive credit history, no overdue loans or credits.
• If the borrower has the status of an individual entrepreneur, there is no debt on taxes and fees on account of the budget, as well as other payments.

List of required documents

The package of documents provided to the bank may vary depending on the specific lending program. The general considerations for reviewing the questionnaire are:

1. For the borrower and guarantors - a civil passport valid on the date of submission of documents and signing of the agreement.
2. For men of conscription age - a military ID card or a certificate issued instead, a conscript card (does not apply to persons in military service, in internal affairs bodies, emergency situations or investigations of financial affairs of the State Control Committee of the Republic of Belarus). It is possible to provide copies of documents certified by the cadastral service of the company at the place of employment of the borrower or guarantor.

Entrepreneurs supplement their credit dossier:

• Current account statement for the last six months.
• A certificate from the bank servicing the account confirming that there are no debts on loans, leasing or rent.

A general list of documents is required to obtain all types of loans for the purpose of purchasing or constructing real estate, or purchasing housing bonds.

Confirmation of solvency

The borrower can confirm his financial condition with a certificate of income:

• Entrepreneurs who have applied UTII for the last six months; paying income tax – for the last two reporting periods.
• For individual employees - for the last 3 months.
• A certificate reflecting the amount of the accrued pension for the previous 3 months.

Bank clients who receive wages or pensions on a Belagroprombank card, or entrepreneurs who have opened a current account with a debit card, need only provide an extract.

When purchasing real estate (including auction objects)

In addition to the general package of documents, when receiving a loan to purchase a home, you must provide:

1. A purchase and sale agreement for real estate, drawn up in accordance with the legislation of the Republic of Belarus. It is necessary to indicate the terms of payment and terms.
2. Conclusion on the assessment of property indicating the value. The purpose of the procedure should be stated as “Obtaining a loan”, and in the case where the object is registered as collateral, the clarification “Transfer of property as collateral” should be specified.
3. When a mortgage is a guarantee for the fulfillment of financial obligations, documents are required confirming state registration of the occurrence and transfer of ownership of the object - a certificate/certificate or registration certificate. An independent assessment report is also provided.

When purchasing auction real estate, a copy of the document confirming the payment of the deposit and registration payment (at the expense of the seller), as well as a protocol on the results of the procedure, reflecting:

1. Information about all parties to the transaction (seller and buyer).
2. Object address and final cost.
3. Obligation of the parties to the agreement to pay for the premises and sign the agreement.

A conclusion on the value of the property is also provided (based on the results of an independent assessment). It is mandatory to indicate the purpose “Obtaining a loan” if the object is registered as collateral – clarification “Transfer of property as collateral”.

List of required documents during construction

If the apartment is being built in a building of an organization of citizen developers, then you will need to provide certificates about:

1. approximate price of construction work;
2. technical data of the object (number of rooms, location, total area);
3. amounts of funds paid;
4. construction start and completion dates;
5. account details of citizen developers, as well as a certificate of inclusion of the applicant in the list of members of the organization.

If construction is carried out on the basis of a shared participation agreement:

1. An agreement on the cost of the property and payment terms drawn up with the developer.
2. A document from the developer confirming the fact of depositing funds and the amount.

During the construction of an individual residential property

If the construction of an individual residential building is carried out by contract:

1. Certificate or certificate of state registration of ownership of a land plot. If the documents were issued before May 2, 2006, then additionally an act for it, as well as a certificate granting the right of temporary use.
2. When purchasing property with unfinished construction - a purchase and sale agreement drawn up in accordance with the legislative provisions of the Republic of Belarus.
3. A certificate of the estimated and residual cost of construction work, the percentage of completion of construction and information about the facility being built. The document must be drawn up by the department of architecture and urban planning of the local government.
4. Permission from the state construction supervision authority to carry out work if the facility under construction (with utilities) contains more than two floors.

If the construction of a residential building is carried out using an economic method, then a certificate of the estimated cost of construction work will be required, containing information about the house being built and the stage (percentage) of completion of construction. The document must be issued by local authorities authorized to make decisions in the field of architecture and urban planning, or by the organization to which such rights were issued. It is also necessary to provide title documents for the land plot.

When applying for a loan to purchase housing bonds

To sign the agreement, the borrower will need to collect documents from the general list, papers confirming solvency. In the event that the client wishes to register a mortgaged property as collateral, it is necessary to provide title documents.

In addition, an agreement is required with the company issuing the housing bonds, which provides for the issuer's obligations in relation to the construction of the property to the security holder.

The method of issuing funds depends on the type of product, but in most cases it is the opening of a non-revolving credit line. Payment of monthly contributions is made through self-service technical devices equipped with a cash acceptance function. You can also pay your loan debt through the Belagroprombank cash desk, mobile or online banking, and information kiosks.