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Putin: there will be no problems with obtaining preferential mortgages in the Far Eastern Federal District - EastRussia | Far East

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Putin: there will be no problems with obtaining a preferential mortgage in the Far Eastern Federal District

Putin: there will be no problems with obtaining a preferential mortgage in the Far Eastern Federal District
Photo by: kremlin.ru

Banks will not create obstacles for those wishing to arrange a preferential mortgage in the Far East. This was stated with confidence by Russian President Vladimir Putin during a large press conference. Moreover, the authorities intend to solve the problems that arise when citizens obtain housing loans using maternity capital.

“The procedures for obtaining these funds are overly complicated and pose problems for people. We need to change this situation, we need to reduce the number of days that are required today in order to contribute maternity capital as a primary contribution to a mortgage or to repay a mortgage. Now, in general, such decisions are being made. The number of these days will be reduced by almost half, ”said Vladimir Putin.

As for the preferential mortgage, which started in the Far East, the head of state recalled that the budget will compensate banks for the percentage difference. Lenders will not lose anything, but on the contrary will be able to increase the number of borrowers due to attractive rates.

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