Mortgages in Sberbank in January grew by 88%

Mortgages in Sberbank in January grew by 88%

SOCHI, February 13. The number of applications for mortgage loans at Sberbank increased in January 2016 88% as compared to January 2015, due to the fact that the expected closing for the program mortgage.

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This was reported to journalists at the III all-Russian conference of the savings Bank “the Innovations of the real estate market” a senior managing Director of Sberbank Natalia alymova.

“We are seeing a rise in applications for mortgage loans by 88% compared with January last year. The factor that meant the closure of the state program is not the last value,” said alymova. According to Sberbank, in January clients served 73 thousand applications for making mortgage loans.

According to her, the volume of mortgage loan in January amounted to 35 billion roubles. “This is slightly lower than in January last year. We attribute this to the fact that January last year fulfilled a high demand for mortgages, which appeared at the end of 2014,” explained senior managing Director.

The extension of the program of subsidizing of a mortgage

Sberbank intends to apply to the Ministry of Finance for extension of the program of subsidizing of mortgages, said alymova. It said that mortgage rates under this program may be slightly higher.

Until the end of March 2016, the credit limit that has a savings Bank for the grant of a mortgage under the program of subsidies will amount to 240 billion (225 billion we have now, another 15 billion rubles, the Bank expects to receive approx. ed.), alymova said. “The new limit will be approximately at the same level,” alymova said.