Several Russian banks from April 20 began to accept applications from citizens wishing to obtain a mortgage at 6.5 percent per annum in the framework of the program of preferential housing loans. This follows from the message published on the websites of credit institutions.
About the beginning of acceptance of applications as of the morning of 20 April, was reported, in particular, banks VTB, “the House.Russia,” Alfa Bank and Promsvyazbank (PSB). The first three offer borrowers rate announced by President Vladimir Putin 6.5% PSB until may 15 lowered the interest rate on the program to 6 percent per annum.
getting a mortgage on favorable terms is possible until November 1, 2020, a reduced rate will be in effect for the entire crediting period. In the framework of the program to buy housing in the building, the maximum cost of an apartment is limited: in Moscow and St.-Petersburg it is 8 million rubles, in other regions of Russia — 3 million rubles.
that in Russia will launch a special preferential mortgage program, Putin said April 16. The measure is aimed at supporting the construction industry and citizens during the period of the spread of coronavirus.
Earlier in April the President instructed the Central Bank to assess the mortgage costs of borrowers and to take action to reduce the full cost of housing loans. The Central Bank also mandated to regulate the activities of banks so that mortgage availability has increased. Term of execution — until may 1, 2020.
