Sberbank will extend the term of loans under the program “mortgage with state support” after January 1, 2017, said the press service of the Bank. Previously it was assumed that providing loans at concessional rates will be available only for loan agreements concluded in 2016.
As of October 1, Sberbank issued preferential loans 215 thousand families in the amount of 364 billion rubles. For the Bank issued mortgage credits with state support is 46%. The program is valid from March 2015.
On 18 October the savings Bank has lowered rates on mortgages with state support to 11.4%.
In some regions the rate on loans, which provide key partners, be 10.9% per annum. We are talking about Moscow, St.-Petersburg, Tatarstan, Moscow, Leningrad, Kaliningrad, Rostov, Chelyabinsk, Omsk, Novosibirsk, Irkutsk, Magadan, Amur, Sakhalin regions, the Khabarovsk, Primorye and Kamchatka territories, the Republic of Yakutia and Chukotka.
The program of mortgage with state support started in the spring of 2015. Funded by Federal funds and implemented with the participation of a special institution — the Agency for housing Mortgage lending. The program can be used in three forms: the provision of preferential mortgage terms with low annual interest rate of the repayment of the market value of mortgage housing, in particular 35% for childless young couple (under 35 years), 40% for young families with small children, the mortgage of apartments from the Builder at a special price with no extra charge, bringing the cost of apartments is lower in comparison with market offers.