Since March 2006 the bank «URALSIB» began to extend credit on the program «Mortgage lending to improve living conditions in the stock of housing». In Moscow, the program will be operational in the second quarter of 2006.
client can obtain a mortgage loan without a down payment or the contribution to 10% of the cost of purchased housing - depending on the selected option credit. The interest rate for the use of the loan is 15% per annum in rubles and 11% - in foreign currency. Term loan - up to 15 years. The minimum loan amount is equal to 50 thousand rubles, the maximum - from 3 to 9 million rubles, depending on the region (9 million in Moscow, 6 million for St. Petersburg and Moscow Region, 3 million for the remaining regions).
loan is repaid in the form of a monthly annuity payment. Along with the provision of a loan being compulsory insurance in the insurance group «UralSib» buying flats from the risks of damage and destruction, as well as life and disability borrower. When using a credit on a new program of compulsory insurance against the risks of damage or destruction subject to a flat, which is owned by the borrower. The total cost of insurance for the main categories of borrowers does not exceed 0.96% of the loan, the press-service bank.
