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VTB will reduce the mortgage rate for families with children

VTB will reduce the mortgage rate for families with children
Photo: pixabay.com

Families with children will be able to take a mortgage at VTB Bank on more favorable terms. Customers with a second or subsequent child born on January 1, 2020 will receive a discount on the base rate of the bank in the amount of one percentage point when buying an apartment.

According to the press service of the bank, its own mortgage program to support families with children started on January 1, 2020. Preferential terms are available when buying a secondary home, as well as new buildings. Credit can be used even if the apartment is not eligible for state support.

The fixed rate for the entire loan term, subject to comprehensive insurance, will be 7,9%. For families who are customers of other banks and want to refinance a mortgage at VTB, the discount will be 0,9 percentage points.

The discount is available under the Mortgage. Finished housing ”and“ Mortgage. Housing under construction ”,“ Mortgage. Refinancing". It does not apply to state support mortgage programs for families with children, state support for 2020 and the “Far Eastern mortgage”.

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