Banks are willing to offer the Russians a mortgage with a down payment of 10%
Most Russian banks already offer the Russians to get a mortgage with a minimum down payment of 10% of the cost of housing, but on more liberal terms to make the loan, they are not yet ready, the survey showed the largest credit institutions, conducted by RIA Novosti.
Sberbank on Wednesday reported a decrease in the minimum down payment on mortgages for the purchase and construction of housing to 10% from 15% for payroll clients and up to 30% from 50% for customers who arrange a mortgage without proof of income and employment.
VTB since last year offers customers a mortgage on ready housing under construction according to the base programs with a minimum down payment of 10%. "To reduce the size of the down payment below 10%, the Bank is not planning, because such loans are more risky – this leads to the increase in the loan amount, and the customer harder to cope with debt burden," - said in a credit institution.
Ready to give the Russians a mortgage with a down payment of 10% of the Bank "Building.Russia" Crimean RNCB. Alfa-Bank issues mortgages for new buildings without state support for the payment by the borrower of 10% of the cost of housing. The same conditions when purchasing apartments in new offers and credit Bank of Moscow, and for the purchase of apartments on the secondary market the customer will have to pay 15% of project cost.
To get a mortgage after paying 10% of the sales price in the "URALSIB", but only when you purchase a property from a number of developers, and the agricultural Bank - when making a loan product with preferential interest rate for the construction or purchase of housing in rural areas.
Promsvyazbank is considering to reduce the initial payment on the mortgage up to 10%, however, gives it in payment by the borrower of 15% of the cost of housing. Apply for a loan for the purchase of housing with a contribution of 15% "ROSBANK house" Asian-Pacific Bank. But "the absolute Bank" and Raiffeisenbank yet to issue mortgages to the mass customers with the first payment of 20%. "This contribution recommended by the Central Bank and beneficial for the customer because it allows you to get a more comfortable mortgage terms, faster to pay off the loan and save money by avoiding overpayment interest," said the last.