Earlier, the government adopted a resolution about a similar increase in the amounts of loan program mortgage at 6.5% per annum. Several banks, including VTB, have already increased their limits. The program applies to loans that banks will be given until November 1. The difference between 6.5% and that will pay borrowers, and the market mortgage rate banks will reimburse the state. Beneficial rate applies to the entire loan term.

In the savings Bank rate mortgage this program is 6.4% per annum, while using the service “Electronic registration” rate is reduced by 0.3 percentage points. The minimum down payment on the loan had previously been reduced to 15% of the property value.

“the Increase in the maximum loan amount together with the reduction of the size of the down payment to 15% will allow buyers to choose a more spacious and comfortable accommodation for the whole family, do not delay the solution of housing problems,” – said the Director of the division “Doclick” of the savings Bank Nikolay Vasev.