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Sberbank will provide an opportunity to apply for a mortgage from 1%
Sberbank plans to provide reduced mortgage rates. The offer applies only to the purchase of apartments in houses, the construction of which the bank finances using escrow accounts.
According to the bank’s press service, the rate from 1% is provided for under the state support program for families with children, from 3,3% under the subsidy program with accredited developers of Sberbank and from 5,3% for other mortgage programs with developers.
You can apply for a mortgage when buying an apartment in a new building from the Sberbank partner developers. The minimum interest rate will be valid until the new building is commissioned. For the remaining loan term, the standard rate for the mortgage program is applied without discount.
“Lower rates have become available due to the transition of the real estate market to the mechanism of acquiring housing using escrow accounts,” said Nikolay Vasev, director of the DomKlik division.