MOSCOW, April 23. /TASS/. Prime Minister Russia Mikhail Mishustin signed a decree approving the program of preferential mortgage at 6.5% per annum. The document was published Thursday on the government website.
“Grace mortgage will be valid until November 1, 2020. The rate is not above 6.5% is maintained for the entire term of the loan. The program is distributed on home loans to 8 million roubles in Moscow and St. Petersburg and up to 3 million rubles — in other regions of the country”, — stated in the explanatory note to the resolution.
the Minimum payment on such a mortgage will be 20%. The program will ensure the issuance of up to 250 thousand housing loans, and also to attract in the sphere of housing construction not less than 900 billion rubles.
As follows from the rules of the program of preferential mortgage can be taken for housing from entities under contracts equity or cession. The rules also allowed the purchase of housing from developers under agreements sales in the commissioned houses. The text specifies that the total amount of loans that are subject to reimbursement of lost income, up to 740 billion roubles. The operator of the program will be performing development Finance institution in housing BUILDING. Of the Russian Federation.
on April 22, the Finance Ministry submitted to the government a draft decree on preferential mortgage loans. The program applies to loans issued from April 17.