Starting from October 22, 2025, mortgage micro-credit companies will start operating in Russia, which are created in accordance with the law to implement government programs to increase housing affordability in the regions. This is reported on the website of the Bank of Russia.
The subjects of the Russian Federation will own 100% of the shares of such companies. There can be no more than one mortgage MCC in one region. The Central Bank will oversee them and maintain a list of such organizations.
In order to adapt new market participants, the regulator has established a moratorium on the use of mortgage restrictions on the full cost of the loan. The moratorium will be in effect until March 31, 2026.
