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VTB increased the amount of mortgages at a rate of 6,5%

VTB increased the amount of mortgages at a rate of 6,5%
Photo: pixabay.com

Since June 30, VTB was the first bank to increase the maximum loan amount under the Mortgage with Government Support 2020 program. Now customers can apply for a mortgage at a rate of 6,5% for the purchase of new housing up to six million rubles in the regions and up to 12 million rubles in the Moscow region, St. Petersburg and the region.

According to the bank’s press service, “Mortgage with state support 2020” is in high demand - VTB concluded over 14 thousand transactions on it for a total of more than 39 billion rubles. Earlier, VTB reduced the size of the first installment of a mortgage at 6,5% from 20% to 15%.

To apply for a loan at a reduced rate can customers who purchase apartments in new buildings. The maximum possible term for obtaining a mortgage loan should not exceed 30 years.

According to the results of the first five months of the year, the volume of housing loans issued by VTB increased by 23% and reached 311,4 billion rubles. According to the results of April, the bank's share in new issues in the housing loans market in Russia reached 28,7%.

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