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Down payment on mortgage reduced Sberbank
Sberbank has reduced by 5% and 20% the amount of the down payment necessary for registering a mortgage. The reduction depends on the type of customer.
According to the press service of the bank, now the installment for a loan for the purchase of finished or under construction housing will be reduced from 15% to 10%. Salary clients will be able to take advantage of the new offer.
For those who do not confirm income and employment, Sberbank also offers a reduced down payment. Instead of the previously existing 50%, you can apply for a mortgage with 30% of the value of the property.
Preferential mortgage programs, military mortgages and lending to suburban real estate do not fall under the reduction in down payment. According to the director of the DomKlik division of Sberbank Nikolay Vasev, such measures will help clients not to postpone the mortgage for a while, while the down payment is being accumulated.