How to use the maternity capital?

The "mother's capital" was created in 2007.It aims to support Russian families with children.

funds for maternity capital allocated from the state budget.At the moment, some Russian regions have introduced their own similar program, which aims to support families only from a specific area.The size of the payment, the order is determined by the receipt and use of the local authorities.

state allocates maternity capital for the second child (or subsequent) or adoption.This is a one-time program.In other words, each family can use it only once.It is not taxable and is designed for 10 years.The initial amount of the parent capital was 250 thousand rubles, but it varies from year to year because of inflation in our country, and now has grown to 429 408 rubles.

Who is eligible for maternity capital?

primarily the right to receive the certificate is the woman who should be a citizen of the Russian Federation, who gave birth to a second child or adopted him after 2007, but under the condition that before that she had not received such a certificate.The right to receive the document and have a man who is the only adopter toddler or a single parent in the case of the death of his wife in childbirth.

legal guardian of the child in case of loss of the last of both parents can get in the future to use the certificate.In addition, the mother and father should be fair and should not be deprived of their parental rights in relation to children.They must not commit any crimes against them.However, the woman who adopted her husband's children from a previous marriage, has no rights to this capital.

To apply for maternity capital?

mother's capital for the second child get in the department of the Pension Fund in their place of residence, where will be given a special certificate for these funds, which can be used only after three years from the date of birth or adoption.The only exceptions are mortgages for which the family bought or built a new home.

To obtain a certificate, you must complete an application and provide to the Pension Fund of the packet of the following documents: passport mother, proving her Russian citizenship, a marriage certificate, birth certificate for all children, or a certificate of adoption of a child, a diploma and a certificate of women.After a while, you can get a certificate to your mother's capital.

that can be spent on maternity capital certificate?

After the birth or adoption of a child for whom the certificate is issued, the parents begin to think about how to use the maternity capital.Some are planning to buy a new car, the other - to go to rest at sea, and others - to do a grand renovation of the house.In the future it is planned to use the funds to resolve the capital to start their own business, expensive medical treatment of the child or the mother, the acquisition of land for building a house, as well as repair their own homes, but so far it only plans.

Now the full amount indicated in the certificate can be used only in such directions: you can buy an apartment for maternity capital, future pension increase (the funded part of it) of the mother or the recipient's certificate, use the money for their children's education, or to build their own homes.You can choose one thing, but you can divide the amount of capital in several areas.Nevertheless, the most popular method of use of the program is to improve the living conditions of young families.

Maternal capital formation

In Russia, everyone has the right to free education, but in fact is happening more.Insufficient number of budget places in universities and institutes are forced to resort to paid parental form which is very expensive pleasure.And not everyone can find a large amount to pay for their children's education.The state has taken care of these families.

mother's capital for the second child can spend on education.You are applying to the Pension Fund about the use of their funds or part of tuition and your child can be calm about money, and your offspring will learn well.You can also pay for your son or daughter living in the hostel of the institution.

Maternal capital for future pensions mother

future pension rights depends on many factors: the general seniority rights, the pension age in which he retired, and wages.The main factor for a good financial support in old age is a big part of the future retiree funded.But sometimes their salaries without really achieves the desired result.In this case, the woman can use their capital to increase future pension.Maternal capital up to 3 years after the birth of a second or subsequent child, as well as the adoption of a child, in this case the use is not allowed.

Maternal capital to buy their own homes

Each new family dreaming of their own housing, but only a few of them can afford to buy a house or apartment.

Once in the Soviet Union, young families were waiting for housing to give the state a new apartment.Of course, and now millions of Russian couple standing in a queue.Here are just a matter of going too slowly.Only some of them can get free housing, and in some regions of our country does not have the construction of the buildings.And in other cases, everyone has to rely on their own strength and resources to buy a separate apartment or build a house.That's only on one salary is not to build a house.

good that Russia introduced mortgages to quickly find the money for construction or purchase of real estate.Collect documents, he received a loan and bought an apartment.It's simple.It remains only a month to give the bank debt with the interest due thereon.But a mortgage is like any loan, much "pretty penny" every family with average income.Here also will be indispensable maternal capital.Mortgage in this case would seem young family burden.Maternal capital can be used for the acquisition of its own apartment or house, as well as the construction of new housing, or to increase the area available.

to pay his mortgage, taken for the purchase or construction of a new home, do not have to wait for a child to the age of 3 years.You just take in a bank mortgage loan and the loan agreement come into the branch of the Pension Fund.After checking the documents at your expense list posited amount.

But in order to build an extra room in your house, will have to wait.Once your child turns three years, will need to apply to the pension fund and to receive the money in cash from the parent capital.Then I will report in detail for every ruble spent.Then you can get the rest of the money and continue the construction and once completed you will have the usual detailed report on funds spent.

Can I sell the capital?

Quite often when viewing ads real estate caught the eye of those in which the promise to buy maternity capital certificate or help cash.Many once there is a question about whether it is possible to sell the maternity capital.Of course not.At least that's against the law, and similar actions that relate to fraud, faces a rather big prison sentence, and not only those who carry out such fraud, but also the owner of the amount.

This is public money, which is allowed to operate only to representatives of the Pension Fund.They are obliged to carefully check all the documents provided to them, to receive and consider applications from owners of capital to transfer funds to the children's education, retirement and the purchase or construction of housing.They may issue certificates only to their owners, as well as transfer funds to the account holder of the mortgage certificate and accounts construction companies or individuals performing the construction of the home.

Maternal capital created to improve the financial situation of Russian families and the demographic situation in the country, and aims to protect children from the state.That is why special measures have been developed that can prevent fraud and to provide support for children.For example, to buy an apartment for maternity capital, will need to adhere to the following rules: a house bought compulsorily issued in the property for each family member, including all minor children.For the sale of the house will need to obtain special permission of the guardianship and in the case of their consent to give their children a new equivalent housing.

should therefore think twice before buying or selling maternity capital.The law clearly defines the responsibility for such an act.You can lose not only the position of money, but also precious freedom.

loan using the maternity capital

means of capital used to repay the loan, which was aimed at the purchase of an apartment or building a house.But to date, the loan under the maternity capital takes place only when it is issued in the corresponding credit institution licensed in the credit cooperative or a microfinance company and was aimed at the purchase or construction of their own homes.This loan must be non-cash, that is transferred to the account of the holder of this certificate.

Mortgage under the maternity capital

If you and your family have decided to spend your maternity capital to improve their living conditions, while the mortgage - the perfect solution for you.The more that you can choose one of three directions, allowing the use of the certificate:

1. Permission is granted to repay the interest and principal amount of the loan, which was taken before the birth of the child and is aimed at the purchase of an apartment or building a house.

2. You can arrange a mortgage after the receipt of the certificate of the parent and to direct these funds in the form of the first payment on the loan.

3. You can increase the total amount of the loan on the mortgage for these funds to purchase housing more expensive, if you do not allow it to make profits.

Before using maternity capital to the mortgage, it is necessary to remember the following.The main feature of such use is that not every Russian bank accept certificates of maternity capital to pay principal and interest on loans.That is why it becomes difficult to use these funds as a down payment on the mortgage.

no less important feature is the ability to use the certificate maternity capital for the acquisition of any property, whether it is already built, under construction or in the project only.But it must be executed on a contract of sale for you.If you choose this type of accommodation is required only bank with which you enclose a mortgage agreement.For some organizations only work with new buildings, while others, on the contrary, use the secondary housing market.

Another feature is the ability to repay your mortgage in full as soon as the certificate is received.To make a down payment, you will need to wait until the child reaches the age of 3 years.The last feature is the joint home ownership of all family members.

Which banks are working with the parent capital?

Almost all the banks in our country give mortgage loans to the population, that's just not everyone takes the maternity capital.

1. "Sberbank of Russia".It provides loans only in already built a house at the rate of 14% per year for a period of 30 years.Apartment or a house, purchased for these funds shall be made directly to the property of all family members.
2. "Rosselkhozbank".It gives a mortgage with no down payment, provided the use of money from the parent capital for up to 25 years.Interest rates on such a loan depends on the chosen currency and validity.In addition, it is possible to repay the mortgage early without any fees, fines and restrictions.
3. "VTB 24".This will enable the bank to take credit for up to 50 years with a rate of 11% and take maternity capital as a down payment.
4. "Bank of Moscow" will allow to repay the debt and interest on the loan using your equity.
5. bank "UniCredit" receives funds from the certificate to repay the mortgage.The rate - 12-13%.
6. Bank "DeltaCredit".He will give a loan using your equity at a minimum interest rate - 5% per year.You will be able to pay the initial fee or early repayment of a loan, using the maternity capital.
7. "Rosbank" allows you to pay for a loan with a rate of 12.5% ​​parent capital.
8. Agency for Mortgage Lending.It will allow to take a favorable credit, and at the same time to use these funds to repay debt and down payment.At the same time it uses different interest rates for the purchase of apartments in new buildings and housing, purchased on the secondary market.In the first case, the rate was 8% in the second - 9%.
9. Bank "Opening".Mortgage loans with the possibility of payment of principal and interest thereon from the funds provided by the parent capital.The rate depends on the initial payment and the period and an average of 12%.
10. "Raiffeisen Bank" offers a rate of 11.5%.Period - from 1 year to 25 years, and the mortgages granted on the finished housing and under construction.

What should I do with the certificate, if the mortgage is framed on her husband?

Any bank loan granted by the golden rule - the higher the income, the more money you can get.Here are the majority of Russian families the main earner is a man.It was his salary is considered to be dominant in the family budget.In some families, the woman is a housewife, and she does not have any income.In this case, all loans are made to man, especially mortgages.That's just how to use the maternity capital in this case?This is a major obstacle to the proper application of the certificate of the parent capital to improve their living conditions with the help of a mortgage.

Now, these bugs are fixed, and the Pension Fund will not ask for a document confirming the ownership of housing of all family members.Today, a woman has the right to use the facilities provided by it for the capital repayment mortgage, issued on her husband.The main condition of use of the certificate is to have a legal marriage, that is, to the Pension Fund on a mandatory basis will need to provide evidence for his detention.

Required Documents

also made possible the use of the capital for refinancing, ie the repayment of other loans mortgage, which was issued on more favorable terms.However, the use of this sum is possible only if the loan was issued to obtain a certificate in the capital.

Each bank provides its own set of documents required for a loan (mortgage) to the use of capital, but the main ones are the following:

1. your maternity capital certificate - original and copy.
2. Passports woman and her husband.
3. copy of the contract with the bank on the mortgage loan.
4. certificate of registration of ownership of your apartment or a house, purchased on the credit - and a copy of the original.
5. marriage certificate.It is necessary, as mentioned above, if you plan to spend the maternity capital, mortgage while her husband is framed certificate recipient.
6. certificate from the bank on the remaining amount you owe on your mortgage.

The "mother's capital" is valid until the end of 2016, but it can be extended, but it will change significantly.It is planned to expand the possibilities of using these tools, but at the same time provide the financial assistance to a very needy families.