VTB Bank has increased the first payment for a number of clients of the Family Mortgage program by up to 50.1 percent, the press service of the credit institution told RIA Novosti.
Author:
https://rb.ru/author/ntihonov/
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In the summer of 2024, family mortgages in Russia were extended until 2030 (you can get a home loan at a preferential rate) – up to 6% per annum. It can be used by families with a child under six years old or with a disabled child. It is also available to those with two or more minor children, if the family lives in small towns or regions with a low volume of housing construction.
This category of citizens can build their own house or buy it only with the obligatory opening of an escrow account. The bank said that they continue to accept applications and carry out transactions for “family” mortgages.
“The conditions for our payroll clients and those who combine this state program with market products remain unchanged. At the same time, taking into account the reduction of market limits for other borrowers, the down payment now amounts to 50.1% of the value of the property,” they said.
Salaried customers or those who use a combined mortgage with proof of income and employment can expect a down payment of 20.1%, otherwise 50.1%. Those who submitted their applications before September 20 will be “approved” under the old conditions until September 27 inclusive.
Sber has resumed issuing mortgages for IT specialists from August 21, 2024. The lender has updated previously approved applications in accordance with the new terms of the program.
Author:
Nikolai Tikhonov
Source: RB
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