Sberbank has reduced the down payment on mortgage to 10%

by time news

The initial payment for mortgage programs for the purchase of finished and under construction housing in Sberbank has been reduced from 15 to 10%, the press service of the credit institution reported.

“Reducing the contribution by one and a half times is a tangible measure of support, which means that thousands of clients will be able to solve a long-overdue housing issue earlier,” said Nikolay Vasev, director of the DomClick division of Sberbank.

The measure also concerns persons who are not salary clients of Sberbank. To obtain such a mortgage, they must prove their employment and income.

The average rate on new buildings in Sberbank is now 1.6% in the first year and 8% thereafter. As for finished apartments, the figure is 7.7%.

At the same time, Sberbank announced its focus on increasing the volume of housing loans. Earlier, the credit institution reported that in June its clients received 96,300 mortgage loans worth 269.5 billion rubles, which is twice as much as in the same month last year.

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