Housing mortgage system. Preferential mortgage for military personnel - what are the conditions

Providing housing for different categories of the population and, in particular, military personnel is still one of the most pressing problems of Russian society. Until December 2015, apartments for military personnel were distributed by the Housing Department of the Ministry of Defense of the Russian Federation. But on January 1, 2016, a new law came into force: obtaining housing on a first-come, first-served basis was replaced by a mortgage for military personnel under a contract. Its conditions in 2019 apply to certain categories of defenders of the Motherland. Let's look at them and find out who can count on a military mortgage.

How does a mortgage work for contract workers?

There has been a military mortgage with government support for more than 10 years. At the same time, all military personnel are provided with an individual approach when creating a loan plan.

A mortgage for military contractors is similar to a mortgage agreement with a bank, however, the first amount is transferred to the borrower’s account from the state budget, and further monthly payments are made by the Ministry of Defense.

The main condition for participation in this program is the savings mortgage system (the abbreviation NIS is often used).

After joining the NIS, funds transferred by the state for the purchase of housing begin to accumulate on the serviceman’s personal account. They are transferred throughout their entire service life - twenty years. However, there is a limitation on the period of their use: a military mortgage for military personnel under a contract allows you to purchase a home after at least three years of service.

Special conditions

A situation may arise when the funds available in the account have not been spent. In this case, the serviceman has the right to use them for any purpose. However, like any program, this state system has some conditions that should be taken into account before using the accumulated finances.

Briefly, these conditions are formulated as follows:

• As the service life increases, the amount of subsidies increases.
• Families with three or more children receive an advantage in obtaining a military mortgage.
• You can use government assistance to purchase housing only once.

Who is it for?

Mortgages for military personnel under a contract apply to military personnel of the following categories:

• Warrant officers, officers who entered into long-term contracts after January 1, 2005.
• Graduates of military universities who serve on long-term contracts starting in 2005 and in later years.
• Military personnel in the position of midshipman or warrant officer who have served for three or more years. First contract.
• Sailors, soldiers, sergeants, foremen who took office in 2005 and later. Re-contract.

Not only those who are serving, but also military personnel who were forced to leave the army for the following reasons can receive a military mortgage loan:

• dismissal for health reasons;
• dismissal for family reasons;
• resignation due to staffing and organizational changes;
• reaching the age limit.

There is also a special condition for military personnel who entered into a contract before 2005. They have the right to participate in the mortgage lending program, but without opening a savings account.

About the advantages and disadvantages

A mortgage for NIS participants has the following advantages:

• You can find housing in any region of Russia.
• Fixed interest rate. Its value is not affected by either the repayment period or the amount of the down payment.
• Not only senior officers, but also young military personnel whose age does not exceed 25 years can purchase housing.
• Military mortgages for contract soldiers are allowed.
• Guarantee of government payments. The participant’s personal account will be replenished even if the loan is repaid early.
• Military personnel who previously inherited residential real estate, received it as a gift, or purchased it are eligible for a subsidy.

The only drawback (it would be more appropriate to use the word “risk” here) can be considered dismissal from the armed forces. If this happened due to circumstances discrediting the serviceman, he is obliged to repay the amounts spent on repaying the loan by the authorized federal body within a ten-year period. The same applies to military personnel with less than 10 years of service who were dismissed due to regular circumstances. Payments must be made monthly, interest is charged only on the outstanding balance.

Conditions for contract military personnel

This issue was partially touched upon above. Let's add only the main points.

Firstly, you should know that when issuing such a loan, the composition of the family does not affect the amount of the amount. Even if a serviceman has five rather than one child, the size of the bank loan will be standard. In this case, the living space is registered in the name of the serviceman. It’s a different matter when maternity capital is used to repay the loan: then housing is divided equally between family members.

Secondly, if the spouses are officers, both of them can legally become participants in the NIS. But you won’t be able to get one apartment for two targeted housing loans.

Thirdly, using a military mortgage to build a house is not provided for by its original conditions. But this can be done by retiring from the armed forces upon reaching the age limit. After all, you can spend the funds remaining in your savings account at your own discretion.

The volume of lending is a very important factor. The class of housing that will allow contract servicemen to purchase a mortgage depends on it. The terms of the program from this point of view are as follows:

• The maximum loan amount is no more than 2.4 million rubles. Before 2016, this figure was lower – 2.4 million.
• The borrower must have his own funds, adding which to those accumulated under the NIS program, he will be able to make a down payment of 20% of the appraised value of the housing. This is a very important point for those who want to know how to get a military mortgage for a contractor under the terms of 2017.
• The interest rate cannot exceed 12.5% ​​per annum. Typically this figure ranges from 8-12%.

How to get a mortgage

To do this, you must complete the following steps:

• Draw up a report addressed to your unit commander about your desire to become a participant in the state military mortgage lending program.

It is important to know: officers are not required to do this, since information about them is already in the register.

• After this, the High Command of the Armed Forces checks all participants using the available lists and, based on the identified need, generates a list of documents that is transferred to the housing department.
• The military man who submitted the report is assigned a personal registration number. He receives it in a notification.
• Next, on the basis of NIS, the state support program “Rosvoenipoteka” opens an account for the military personnel.
• Receipts to this account will begin immediately after the report is registered in the unit.
• The service member then selects a bank to receive funds.
• After this, the serviceman chooses housing. A military mortgage allows you to purchase an apartment on both the primary and secondary markets.
• An agreement is concluded with the bank.
• A serviceman purchases housing through a mortgage program.

Participating banks

Having learned how a contractor can get a military mortgage, you can begin choosing a lending institution. The data in the table below will allow you to navigate the financial market segment under consideration.

All banks whose list of programs includes military mortgages provide loans only to citizens of the Russian Federation aged 18-45 years serving in the army on a contract basis.

To summarize, it must be said that the government’s cooperation with financial organizations in the system of preferential lending to military personnel is an effective measure to resolve the problems of Russian citizens with the purchase of personal housing.

Changes in military mortgage: Video

Conditions and requirements for obtaining a military serviceman's mortgage under a contract in 2018.

Conscripted military personnel are given the opportunity to continue serving in the army as contract soldiers. It is enough just to formalize an agreement with the Ministry of Defense. Serving in the armed forces provides a number of advantages, one of which is the opportunity to obtain a preferential mortgage. What are the conditions and requirements for obtaining a mortgage for military personnel under a contract in 2018, it is necessary to explain in detail.

Basic conditions for obtaining a mortgage for military personnel

The Ministry of Defense concludes a contract with military personnel for a duration of one to 10 years or indefinitely. In exceptional cases, it is possible to provide for a service period of less than 1 year. Not all contract soldiers are legally allowed to take advantage of preferential military mortgages.

What conditions must the borrower meet?

Law No. 117-FZ on the savings mortgage system (NIS) limits the circle of persons applying for preferential housing. Entry into the program must be preceded by three years of service.

A person wishing to become a participant in the preferential mortgage program must submit a report on inclusion. By the time you contact the bank, it must be listed in the Rosvoenipoteka Federal State Institution database.

A feature of this type of mortgage lending is that there are no requirements for family composition or the need to improve living conditions.

An important condition is the age of the borrower: he must be 21 years old, and at the time of full repayment of the debt he must not be 45 years old.

What kind of real estate is purchased with a military mortgage?

Members of the active army are given the right to choose their future housing. The choice is possible between:

• Individual residential building in the private sector;
• New building;
• A secondary apartment.

Specific requirements for a residential property differ from bank to bank, but there are general rules for choosing an apartment:

1. Availability of amenities in the form of a kitchen area and toilet.
2. The level of wear and tear on the house should be low (Stalinka, Khrushchev, Brezhnevka buildings are considered unsuitable due to the age of their construction).
3. The house should not be recognized as unsafe (information is to be clarified with the local administration).
4. The house has a reinforced concrete foundation or a stone foundation, and the same interfloor ceilings. Walls - concrete or brick.
5. The property is free from the rights of third parties, not mortgaged or encumbered.

New buildings are purchased under an equity participation agreement until changes are made to the current legislation.

How to pre-calculate a military mortgage

A targeted loan for the purchase of real estate is calculated for a military personnel based on the following data:

• The amount of savings in the personal account;
• Amounts of own funds;
• Bank loan rate;
• Estimated down payment;
• Deadline for repayment of debt to the bank.

You need to know that the loan size is limited to an amount of 2.33 million rubles and less, if the cost of housing is expected to be higher, the difference is paid by the borrower himself.

Registration procedure and required documents

Inclusion in the Military Mortgage program occurs in two ways:

1. Voluntarily, after submitting a report to your command;
2. Mandatory (this applies to graduates of educational institutions).

What is the procedure for applying

The main starting point is your immediate superiors. The applicant for benefits in purchasing a home submits a report to the commander, and he passes it on to the personnel service. From there, the application with the attached documents goes to the RUZHO (housing administration) and then to the Housing Department of the Ministry of Defense.

The department registers the application and assigns an account number. A month later, the applicant is sent a notification with a number.

There is no other procedure for inclusion in the lists.

What documents are required?

To be included in the register of participating persons, the management of a unit or unit requires a report from the applicant and materials from his personal file, and a completed form of a special individual card.

Directly to conclude an agreement with the bank you will need:

• Certificate of program participant;
• Passport of the borrower and spouse;
• Certificate of marriage or divorce;
• Notarial agreement;
• Documentation for the purchased residential premises, including certificates of absence of registered persons and debts for payment of housing and communal services;
• Extract from Rosreestr about the legal claims of third parties in relation to the object.

Time frame for consideration of the issue

When there is a basis for inclusion in the register (report), the command of the unit is obliged to send a package of documents within three months. If for some reason this deadline is missed, the person responsible for submitting the data provides an explanation.

The bank, having received all the necessary documentation, makes a decision within 5-7 days.

How to choose a house with a military mortgage

When choosing a new building, the search for an apartment becomes easier. Banks offering military loans accredit houses under construction and work directly with developers. The developer’s employees handle the paperwork themselves, which eliminates additional costs for real estate services.

With the secondary market, homeowners sometimes have difficulties. Not everyone agrees to wait for payment after registering the transfer of rights to property.

It is important to familiarize yourself with the bank’s requirements for a residential property in advance and check the premises you are interested in for compliance immediately upon inspection.

After the issuance of the NIS participant certificate, a period of 2 to 6 months is set for the purchase of housing, before the end of which it is necessary to select a home and conclude a mortgage loan agreement.

How to calculate a military mortgage

Spending money accumulated in a personal account is allowed only after three years have passed from the date of receipt of the status of an NIS participant. Every year the account increases by 220 thousand rubles. Over a three-year period, savings will amount to 660 thousand. If you do not contribute your own funds, then the department will pay 3,300 thousand rubles for 15 years of service before reaching the age limit (45 years). This is the maximum amount of government subsidy.

If there are more than 2 children, a serviceman has a chance to add maternity capital funds to this amount.

On bank websites you can find a “mortgage calculator” service. With its help, you can substitute the data and see the preliminary calculation. The credit manager will provide more specific figures.

Difficulties in obtaining a mortgage for military personnel under contract

Military personnel face some difficulties when applying for a loan:

• The complexity of the procedure, the receipt of money by the seller after registration;
• In some cases, a higher bank interest rate compared to other loan products (for families with children, for some new buildings);
• A limited range of credit institutions accredited by the Ministry of Defense;
• The loan term is reduced for those whose age is closer to the maximum allowable age for military service.

NIS “ties” its participants to their place of service. In order not to lose the mortgage benefit, you have to serve until the end of the allotted period.

Advantages of a mortgage loan for military contractors

The advantages of a special mortgage program are as follows:

• No requirement to confirm income;
• Minor restrictions regarding the selected properties;
• There is no attachment to the place of service, housing is chosen in any city within the country at will;
• You do not have to need housing to receive the benefit;
• There are no extra processing fees.

Which banks provide military mortgages?

Banks accredited by the military department often have similar conditions, but there are also differences between similar products.

From the article you will learn what a military mortgage is and what conditions exist for obtaining housing. In which region of Russia can you get housing? What is the best way to choose a bank for mortgage lending? Including, you will find out what documents are needed for a military mortgage. And also, what legal acts govern the “military mortgage” program, and what government websites you should look at to get comprehensive information.

What is a military mortgage?

A military mortgage allows military personnel to obtain housing without using their own money.

Conditions and essence of participation. Who can participate in the program?

Can participate:

• Officers who entered into a contract for military service starting January 1, 2005;
• Warrant officers and midshipmen whose total duration of military service under contract is three years starting from January 1, 2005;
• Sergeants and foremen, soldiers and sailors who entered into a second contract for military service no earlier than January 1, 2005;
• Graduates of higher military educational institutions who graduated from universities after January 1, 2005 and entered into the first contract for military service before January 1, 2005.

In addition, to become a participant in this program, you must be a member of the savings-mortgage system for improving housing conditions (NIS). To do this, you should write a report.

How to calculate a military mortgage

The minimum age of the borrower is 25 years, but the borrower must not be older than 45 years. By this age, the loan must have already been paid off. The minimum loan amount under the program is 300,000 rubles. The maximum amount of a military mortgage is 2.3 million rubles.

The military mortgage interest rate ranges from 6.33% to 10.5% depending on the age of the borrower, the amount of the down payment, the type of housing and the developer.

Down payment from the cost of the purchased property

• 20% - Payment of a down payment for housing in the primary and secondary real estate market;
• 30% - When purchasing a residential building with a land plot on the territory of a low-rise building;
• 40% - When purchasing a residential building with a land plot outside the territory of low-rise buildings.

Military mortgage, purchase of an apartment. Where can I get an apartment?

You can purchase housing under the Military Mortgage program in any constituent entity of the Russian Federation, regardless of where the serviceman is serving.

Which banks work with “military mortgages”?

Before completing a purchase and sale transaction, the serviceman is required to open an account and deposit into it at least ten percent of the cost of the purchased housing. Thus, it is very important to decide on the choice of bank. You need to choose a reliable bank. Who has sufficient experience with “military mortgages”. The Federal Service for Financial Markets constantly updates the list of credit institutions that operate under the “military mortgage” program. The most famous banks operating under the “military mortgage” program are: Sberbank of Russia, VTB 24 Bank, Svyaz Bank, Gazprombank, etc.

Documents for military mortgage

• Questionnaire.
• Application for a loan.
• Consent to the processing of personal data by the lender.
• Copy of passport.
• A copy of a document confirming the borrower’s membership in NIS and his right to receive a loan.
• Copy of marriage certificate/divorce certificate.
• A notarized document confirming the consent of the spouse to purchase living space by obtaining borrowed funds with the transfer of living space as collateral.

Conclusion: How does a military mortgage work?

Thus, let's formulate the main conclusions of the article:

• Military mortgage - allows military personnel to get housing without using their own money. The main part of the costs of paying the mortgage is borne by the Ministry of Defense of the Russian Federation;
• Loan amount: minimum - 300,000 rubles, maximum loan amount - 2.3 million rubles. The borrower must be no older than 45 years. By this age, the loan must have already been repaid;
• The down payment on the value of the purchased property ranges from 20% to 40%;

List of sources used

• rosvoenipoteka.ru - Federal State Treasury Institution “Federal Administration of the Accumulation and Mortgage System of Housing for Military Personnel”;
• ahml.ru - The Agency for Housing Mortgage Lending was created by the government of the Russian Federation;
• Federal Law of the Russian Federation of August 20, 2004 N 117-FZ “On the savings and mortgage system of housing for military personnel”

In 2019, the state military mortgage program continues to operate successfully.

Its main principle has been preserved - the state provides financial resources to military personnel to purchase housing free of charge (subject to compliance with a number of legally established requirements).

The attractive aspects of the state program are the minimum number of documents when applying for a mortgage, the freedom of the program participant to choose the type of residential premises and its territorial location, and, most importantly, the opportunity to exercise the right to housing without spending their own savings.

Legislative regulation

The fundamental document of the state program is Federal Law No. 117-FZ of August 20, 2004 “On the savings and mortgage system of housing for military personnel.”

The law establishes requirements for its participants, stipulates the rights and obligations of military personnel and government bodies, and regulates the mechanism for acquiring and using targeted housing loans.

A more detailed understanding of the stages of the military mortgage program, documents and instructions for officials and participants in the state program can be obtained from the Resolutions of the Government of the Russian Federation. Also, standard forms of documents and procedures for military mortgage procedures are contained in Orders of the Minister of Defense of the Russian Federation.

Who is allowed to participate in the state program

In the state program can take part the following groups of people:

Also, credit organizations participating in the military mortgage program can set age restrictions for borrowers (see the section of the article on the mortgage conditions of individual banks).

Conditions and registration algorithm

The process of obtaining residential premises under the military mortgage program consists of several steps.

First of all, a soldier must become a participant in the savings and mortgage system. To do this, he must meet the requirements established by the Mortgage System Law. An employee of a military organization responsible for implementing the provisions of the state program is obliged to monitor the moment when the employee’s rights to participate in a military mortgage arise. It is he who must submit documents about the employee to the personnel department and the head of the military institution. Then the papers are sent to the regional department responsible for housing provision for military personnel. After considering the application and making a positive decision, the citizen is included in the register of participants in the funded mortgage system and receives a message about this fact.

A serviceman can verify that he is on the list of persons applying for the purchase of housing under the military mortgage program and track the number and status of the application through a request to the regional housing authority and also by registering on the website of the Federal State Institution “Rosvoenipoteka” in your personal account.

After three years, a person included in the register can petition the head of a military unit for the issuance of a housing mortgage loan certificate. You can do this later - this will provide a larger amount of money in your personal savings account.

Application for issuance of a certificate is reviewed by a regional housing organization, after which information about the person is sent to the Federal State Institution "Rosvoenipoteka" for issuing a certificate. After receiving the certificate, the serviceman has six months to select housing, and if there is insufficient funds for the desired object, to apply for a mortgage in a bank participating in the state military program. After this time, the certificate becomes invalid and the application must be submitted again. Bank mortgage programs allow the certificate holder to purchase both an apartment on the secondary real estate market and a new building. In addition, you can choose a house with land for purchase. The main thing is that the property is approved by the bank - a participant in the state program.

If the housing option is selected and approved, then the next step is signing a loan agreement, targeted housing loan agreements and direct purchase and sale agreements for residential premises.

Afterwards, the transfer of ownership of the purchased object should be registered (however, it will be secured until the end of the mortgage payments).

The program participant is allowed to contribute his own funds for the purchase of real estate in addition to the home mortgage loan and for early repayment of the mortgage.

Nuances of registration and payments during divorce

The problem of dividing property, including that obtained through the husband or wife’s participation in the military mortgage program, inevitably arises during divorce proceedings.

It should be remembered that residential premises purchased by a serviceman using the funds from a mortgage housing loan have a strictly intended purpose and a precise addressee, and therefore, according to Russian legislation, cannot be classified as joint property acquired during marriage. Thus, the other party in a divorce cannot count on his share in the apartment or house received under the state program. An exception to the rule is the situation when both spouses are participants in the savings mortgage system and purchase joint housing.

On the other hand, in the event of a termination of a mortgage loan agreement with a military personnel, the other party in the marriage is not obligated to fulfill it. In addition, if one of the non-military spouses sent his own money to purchase housing under the military mortgage program (for example, for early repayment of a mortgage loan), he can apply to the judicial authorities for compensation (with the presentation of evidence of expenses) .

Features of lending upon dismissal

Upon dismissal of his own free will or due to non-compliance with the terms of the contract, a serviceman obliged to return to the state funds from a targeted housing loan (within 10 years from the date of dismissal) and repay the mortgage using your own funds. Otherwise, the credit institution and the state represented by the Federal State Institution "Rosvoenipoteka" are entitled to file a claim with the judicial authorities to recover the debt.

A different procedure is provided for military personnel whose service life is more than 20 years, as well as persons who have served for more than 10 years and who resigned for health reasons, due to organizational and staffing events or special family circumstances. Such military personnel do not repay the targeted housing loan and have the right to use the funds accumulated in their personal account to purchase housing. At the same time, persons with more than 20 years of experience can use the savings of a personal account for any needs.

Payment procedure funds accumulated in the account is determined by order of the Minister of Defense of the Russian Federation dated February 28, 2013 No. 166. Anyone wishing to exercise the right must write an application and submit it to the management of the organization. Additional funds for housing provided for by Government Decree No. 676 are also available to the above categories of persons.

Finally, the funds from the personal savings account are returned to the state if the serviceman did not use the targeted housing loan to purchase real estate.

Innovations of 2016 in the state military mortgage program:

• It is allowed to conclude a single targeted housing loan agreement for the joint purchase of residential premises by spouses if both of them are participants in the savings-mortgage system. The legislator suggested that the new right will allow military families to choose a more expensive and comfortable housing option.
• The rules for the payment of additional funds provided for by the state program have been changed.
  Previously, a serviceman could not use additional funds to eliminate military mortgage debt if he or members of his family owned other residential premises. Very often this forced the borrower to re-register or sell the property. The amendment to the mortgage law allows such program participants to receive additional funds to fulfill their mortgage obligations.
• Military personnel cannot compensate for additional costs for obtaining a mortgage using funds from a targeted mortgage loan, for example, for insurance services, the work of a realtor, or real estate appraisal. An exception is made for persons who completed a housing loan transaction before May 6, 2016. It is assumed that this measure encourages participants in military mortgages to more carefully select the loaned object and the offices accompanying the purchase of real estate.

Procedure for calculating cash payments

Specialized mortgage programs for military personnel are implemented in most large banks. Each of them determines the interest rate for the use of mortgage funds and the “ceiling” of the mortgage loan. Regular loan payments are set in the amount of targeted contributions transferred by the state to the personal account of the participant in the savings program. In 2016, the amount of such contributions amounted to 245,880 rubles monthly.

Let's focus on the largest participants in the state program.

Sberbank offers borrowers the following military mortgage conditions:

• the loan amount cannot exceed 2,010,000 rubles and 80 percent of the price of the housing being financed (under contract or expert assessment) or the price specified in the shared construction agreement;
• loan rate of the program – 12%;
• lending period – up to 20 years, but not longer than the term of the targeted loan.
• the ability to liquidate debt ahead of schedule without commission.
• The person borrowed must be at least 21 years old.

Bank's military program VTB provides:

• the loan amount does not exceed 2,010,000 rubles and 80 percent of the price of the housing being financed (under contract or expert assessment) or the price specified in the shared construction agreement;
• loan rate of the program - 12.1-13.1% (the rate increases when leaving the savings system);
• lending period – up to 14 years, but not longer than the term of the targeted loan;
• making a down payment of at least 15 percent of the property price;
• the person being credited must be:
  • with at least one year of work experience;
  • at least 21 years of age when receiving a loan;
  • not older than 45 years at the time of debt liquidation.

Rosselkhozbank offers borrowers a lower loan rate (11.3%) with a total loan size from 300 thousand to 2 million 200 thousand rubles. The mortgage can be issued for a period not exceeding 23 years.

Military mortgage program from Gazprombank provides credit allocations of no more than 2 million rubles for a period of up to 25 years at a rate of 12% per annum. The down payment for mortgage housing must be at least 20% of the price of the property.

Minimum interest rate under the military mortgage program Svyazbank– 9.5%. The mortgage can be issued for a period of no more than 20 years, its size is 400 thousand - 2,200 thousand rubles.

It is advisable to look at detailed information about the conditions for obtaining a military mortgage loan on the websites of these credit institutions.

Until recently, the State provided ready-made apartments into ownership or under the DSN, after 20 years of service. Formally, the system was supposed to provide housing for all military personnel retiring due to length of service or health reasons, but in practice the military department could not cope with the pace of construction, and ten-year waiting lists for housing grew. As a result, a new solution was developed - a military mortgage under a contract. This name caused a lot of controversy: will we really have to pay for housing now? Will a mortgage for housing be available for military personnel in the reserve who have not received their due square meters?

As an example of the social orientation of lending to military personnel, it can be cited from which it is provided in 24 regions.

When concluding a contract for military service, you must promptly submit a report on joining the system, after which a personal savings account is opened. During the first three years, the state transfers certain amounts monthly to it, which cannot yet be used.

After three years, the contract soldier writes a report to the unit commander about receiving the NIS Participant Certificate. This document will be considered valid within six months and will allow you to purchase residential real estate using a military mortgage.

The new system has a number of advantages and solves several problems faced by the Housing Department:

• Until now, apartments could only be obtained in those houses that the Ministry of Defense built specifically for distribution among military personnel. Many people were not satisfied with their location, city, type of house or quality of construction. The military savings system made it possible to purchase apartments anywhere, it is up to the decision of the serviceman himself.
• Choices regarding the type of housing have expanded. At first, under military mortgages, apartments were available only on the secondary market, then new buildings were included in the program, then it became possible to buy private houses with land plots and participate in shared construction.
• Mortgages for military personnel under a contract are available to everyone, even those officers who already have their own living space. There are no space restrictions either. The amount ultimately turns out to be sufficient to purchase spacious housing in Russian regions. The maximum possible loan is 2.35 million rubles.
• The system works automatically, contributions are calculated regularly, and the NIS participant does not have to worry about loan repayments. How a military mortgage is paid can be controlled by the lending bank.

Now you don’t have to wait for years to get your apartment and sue the state if the proposed option doesn’t suit you according to some parameters. The wide field for corruption has disappeared; the mechanism of military mortgages is simple and clear.

Pros and cons of the system

However, the current funded system also has a number of disadvantages that did not allow military mortgages to be made the only possible way to provide officers with housing. A limited number of military personnel can participate in the program.

These are, first of all, officers who entered service in 2005 or later, contract soldiers who entered into a second contract in 2005. That is, it has become available only to young military personnel, and for older people, only old methods now work. A military mortgage and a second contract, as well as each subsequent one, bring the serviceman’s age closer to 45 years, and you can receive a life insurance certificate a maximum of three years before the specified age. But the amount will be calculated accordingly, almost equal to the amount of contributions for the remaining period.

Principal refers to the maximum possible home loan amount. It’s difficult to even find housing for this money in the capital’s regions, especially since banks have high demands on housing. It turns out that NIS funds will not allow you to buy an apartment in Moscow even after 20 years of contract service.

An NIS participant can invest his own funds, but it turns out that now living space cannot be called free. Or you can regard the investment of your own funds as an expansion of housing conditions guaranteed free of charge by the state.

A significant advantage of the system is that it is available to military personnel of other law enforcement agencies. For example, a program is available, and recommendations can also be obtained at the place of service. However, questions often arise about the possibility of joining the NIS. For example, a military man? Possible since the first contract was concluded before 2005, but provided that the maximum retirement age is more than 3 years.

What happens to an NIS participant upon dismissal?

If a serviceman voluntarily retires early, he has to pay two debts at once: the balance of the loan to the bank and the amount that the state has already transferred to the account. The remaining savings in the personal account simply burn out and can no longer be used.

How does the new contract and military mortgage rights fit together? This question worries contract military personnel who, for various reasons, left service and then decided to return to it.

When returning to service, you can re-enter the NIS, but with existing savings the issue is resolved in different ways:

1. If the reason for the serviceman’s dismissal was his health condition, organizational events or important family circumstances, then the accruals are not lost. Monthly contributions are renewed, and the available amount can be used to purchase an apartment.
2. If there was a voluntary dismissal, but existing savings are not restored. The officer enters into a second contract, and military mortgages will be available again only after three years, as everything starts all over again.

Very often, such cases end up being resolved in court, since a lot of documents have to be collected to confirm the reasons for the first dismissal. If everything starts from scratch, then there are fewer years left before retirement, which means the loan amount is significantly reduced. It turns out that there will be an opportunity to purchase living space, but it will be less.

It is also important to take into account the fact that mortgages for military personnel do not take into account family composition. Even if the officer has five children, the bank loan amount will be standard. At the same time, formally the living space is registered only in the name of the serviceman himself. If the amount of maternity capital was used when repaying the loan, then in this case the housing becomes shared ownership and is divided equally among all family members.