A mortgage loan comes to the rescue when it is almost impossible to save up for the purchase of housing, and there is no desire or opportunity to save 15-20 years. Russian banks offer a lot of mortgage programs that differ in rates and loan terms, as well as the size of the down payment. The average mortgage rate for 6 months of 2013 was 12.8% per annum in rubles.
In today's Top 10, we have included the most profitable mortgage programs of Russian banks.
Let's make a reservation right away, all the programs mentioned assume the presence of at least a small initial payment. Loans without a down payment always have a high interest rate, as the bank assumes an increased risk.
10. Promotion for young families from Sberbank
The SB RF is regularly included in the rating: “The best banks for mortgages” and offers more than a dozen mortgage programs for different categories of borrowers. However, the most favorable conditions apply this summer for young families, in which even one of the spouses has not yet reached 35 years of age. The minimum down payment is 10%, the rate is from 10.5% per annum, and the loan term is up to 30 years.
9. Mortgage on two documents from VTB-24
Those who have tried it know how difficult it is to draw up a package of documents for a loan. If the borrower is ready to pay at least 35% of the value of the property, the bank issues a loan on the basis of only two documents (passports and a copy of a driver's license or SNILS). Loan rates - from 11.5%, term - up to 20 years.
In addition, VTB-24 offers best credit cards on the most favorable terms.
8. Loan for finished housing in new buildings from Uralsib
The mortgage rate at URALSIB Bank is quite attractive - 11% with an initial payment of 20% or more. The maximum loan term is 30 years, the maximum loan amount is 8 million rubles. The main condition for participation in the program is the purchase of housing from a developer or other legal entity.
7. "Maternity Capital - Housewarming" program from ITB Bank
A profitable way to get a loan at 7.65% is offered by ITB Bank. By paying a lump sum of 1.9% of the loan amount, you can reduce the standard rate of 11.65% by as much as 4 points. To obtain a loan under the program, a 10% down payment is required. The maximum loan term is 30 years.
6. The program "Maternal capital" from the bank "Admiralteyskiy"
The minimum down payment for the double program is 10% of the value of the desired property and can be paid from maternity capital. The interest rate "starts" at 8.95%, and the maximum loan term is 20 years.
5. The Secondary Market Program from the European Trust Bank
The minimum interest rate is 9.2%, the loan is provided according to the standards of the Agency for Mortgage and Housing Lending (AHML), which involves the provision of an extended package of documents. The maximum loan term is 30 years.
4. Program "My apartment" from My Bank
The program involves the profitable purchase of apartments in apartment buildings on the secondary market. The minimum loan rate is 9.2%, the minimum down payment is 10% of the cost of housing. The maximum loan term is 30 years.
3. The program "Maternity capital" from the bank "Pushkino"
The loan rate starts from 8.95% per annum, the maximum loan amount is 15 million rubles. The minimum initial payment is the standard 10% of the cost of the object, while housing can be purchased both from developers - legal entities, and in the secondary market.
2. Program "New building" from Rosenergobank
The loan rate will be at least 7.9%, the maximum loan amount is quite impressive - 12 million rubles. The down payment is from 20%, and the maximum loan term is 30 years. The main condition is the purchase of an apartment from a developer who has registered the ownership of an object already put into operation.
1. Loan for a new building from RIP
Russian mortgage bank offers the most profitable mortgage program... The interest rate on the loan starts at 7.65%, the maximum term is 30 years, and the maximum mortgage amount is 3 million rubles. The seller of real estate under the terms of the program can only be a legal entity.