Since 22 June 2006, the Moscow Credit Bank has a new program of mortgage lending for the purchase of apartments, townhouses or country house in the primary market.
Credit for this program is made for the purchase of housing in Moscow and the Moscow region on bail Properties. The loan amount can be up to 80% of the cost of housing, pledge.
program includes loans in U.S. dollars and Russian rubles. In U.S. dollar loan may be obtained for up to 20 years in the amount of 25 000 to 750 000 U.S. dollars. The rate on foreign currency loans - from 10,5% per annum, depending on the length of borrowing and the form of income. Ruble loans available for up to 10 years in the amount of 700 000 10 000 000 million rubles. The rate on such credit will be 13.5% per annum with confirmation of the proceeds help NDFL 2 or tax returns and 14.5% per annum with confirmation of the proceeds in an alternative format.
Note that at the request of the Customer under this program may also purchase housing on the security of real estate available on the secondary market.
Source: OJSC "Moscow Credit Bank"
