Starting from August 5, VTB has reduced interest rates on the whole range of basic mortgage programs by 0.5 p.p. Loans for the purchase of ready-to-use housing or flats in a building under construction, as well as the refinancing of existing mortgage loans previously taken out from another bank are available at a rate of 7.4% p.a. loans under the Far Eastern Mortgage program at just 1% p.a., according to a statement by Anatoly Pechatnikov, Deputy President-Chairman of the Board of VTB, at the recent press briefing.
Mortgage loans at a rate of 7.4% p.a. is now available to customers buying housing with a down payment starting from 50% or families having their second or subsequent child born on or after January 1, 2020. For payroll clients, the mortgage rate starts from 8.1% implying a discount of 0.3 p.p. from the basic rate).
Please note that this press release is based on materials provided by the company. AK&M Information Agency shall not be held liable for its contents, nor for the legal and other consequences of its publication.