Дом.РФ: Service for issuing electronic mortgages

Main article: Electronic mortgage in the field of mortgage lending

2022: Plan to accelerate the issuance of electronic mortgages

The ДОМ.РФ product team continues to work on improving the electronic mortgage service. In the future, experts will reduce the time for issuing a digital document, increase the stability of the service and the speed of data transfer. This was announced on June 3, 2022 by the Bank of ДОМ.РФ, according to Oleg Komlik, director of the Digital division.

The past year was a record for Russia in issuing mortgages - loans were issued for more than 5 trillion rubles. In parallel, we also observed a trend towards an increase in the number of issued e-mortgages. For June 2022, the digital document is provided mainly when buying finished housing, but in the context of the active development of preferential mortgage programs, the mechanism will also develop in the field of housing lending in new buildings and will become even more relevant, "said Oleg Komlik, director of the Digital division of the Bank of ДОМ.РФ.

As a result of the work of the Development Institute, Rosreestr and banks, it will soon be possible to issue a digital document for new certain types of transactions, the stability of the service and the speed of data transfer will increase. For example, experts are improving work with e-mortgages for individual products for the purchase of an individual house with land and housing, which belongs to several owners at the same time.

Also, together with Rosreestr, within the framework of the Electronic Mortgage in 24 Hours project, measures are being taken to reduce the time for issuing an e-mortgage and the possibility of providing it through the mobile application of banks is being worked out. The plans are to develop a mechanism for signing a digital document by borrowers through remote banking systems. This will simplify the execution of the e-mortgage in the event that the borrower registers a deal with housing not online, but through the MPSC.

Big data determines the success of businesses, and at the federal level - the development and competitiveness of states. The Bank's task ДОМ.РФ to achieve such a state of affairs when all information on the subject of a credit transaction will be stored not as static entities, but in the form of constantly relevant variables. At the same time, the e-embedded can be the same set of metadata that connect the primary data sources and consumers. As a result, mortgage owners will always be able to use current data, assess risks better, determine pricing, "added Oleg Komlik.