At a meeting of the bank "Zenith" approved changes to a program of mortgage lending to individuals.
This program focuses on providing mortgage loans for buying real estate in the secondary market. Amended as follows: term loan has been increased from 10 to 20 years, the initial installment on the loan was reduced from 20% to 10%, abolished the Commission for consideration of credit application of $ 50. In addition, credit is now not only in the currency and in rubles, but as the collateral can be considered a room in the communal apartment.
Source: Newsletter Real Estate