Gazenergoprombank to offer its clients a new mortgage. Now, except for loans to buy housing on the secondary market, Gazenergoprombank began to issue mortgage loans for housing during the construction phase.
It said the credit institution, the lending program is designed for participants in the equity-building multifamily housing. Credits are issued in rubles for up to 30 years. The loan amount can range from 30% to 100% of the cost of purchased housing. Loan security is collateral purchased or already owned by the borrower's home.
Interest rates on credits for purchasing housing until construction is 15,5-18,5% and after construction - 11,5-14,5% per annum.
Source: M3-Media
