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More than half of mortgage agreements at 2% concluded by Sberbank

More than half of mortgage agreements at 2% concluded by Sberbank
Photo: Sberbank press service

Sberbank concluded 58% of mortgage agreements of the total volume of transactions in Russia under the Far Eastern Mortgage program. The total amount of concluded agreements exceeded 3,1 billion rubles.

According to the bank, since the launch of the Far Eastern Mortgage program, Sberbank has entered into more than 900 loan agreements. The program can be attended by families purchasing real estate in the Far East, if the age of both spouses does not exceed 35 years, or a young parent who has a minor child.

The maximum mortgage term at 2% is 20 years, the loan amount should not exceed six million rubles, and the down payment should be 20%. Preferential mortgages are available for buying an apartment in a new building or for purchasing ready-made housing from a developer in the Far Eastern Federal District. It can be issued until December 31, 2024, subject to compliance with the program parameters.

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