Since September 27, Russian Mortgage Bank Increases the maximum amount of mortgage loans from 150 thousand to 250 thousand dollars. The Bank grants loans to buy housing on the secondary market of Moscow and Moscow region. Credits are issued in U.S. dollars, the minimum amount of down payment is 15 percent. of the value of the apartment, and the interest rate for credit - 11-11,5 percent. annum. As of 01.09.2005g. Bank entered into a cooperation agreement with the 70 th real estate agencies operating in Moscow and Moscow region.
Source: http://www.ipocredit.ru
