Sberbank has reduced the down payment on mortgage to 10%

This was reported on the official website of the credit institution. 

The new rules will affect lending programs for the acquisition of both ready-made and housing under construction.

“We are trying to improve the terms of our mortgage as much as possible.

And we pay special attention to the down payment, because for many, its size is critically important.

Reducing the contribution by half is a tangible measure of support, "said Nikolai Vasev, vice president, director of the DomClick division of Sberbank.

The NKR credit rating agency previously stated that the mortgage market by the end of 2021 could break last year's record. 

In June, the head of the Bank of Russia Elvira Nabiullina noted that by the end of the year mortgage growth could exceed 20%.

Earlier, the director of the Institute of a New Society Vasily Koltashov, in an interview with Inforeactor, gave recommendations on how to arrange a mortgage.