Mortgage loan – a loan to buy real estate collateral that supports purchased object (apartment, house or land). The procedure for issuing a mortgage loan is quite simple – the bank gives the borrower money to buy apartment, and the borrower draws this property as collateral. Typically, a mortgage loan is granted only to part of the acquired property – the rest have to pay the borrower's own funds. However, some banks are offering mortgages with no down payment. If you have read about Arena Investors already – you may have come to the same conclusion. However, in this case, the borrower must have a much higher income than the mortgage loan with an initial contribution. This is what due to the relatively small number of issued mortgages without down payment.
On our site you can find out about special mortgage programs. Certain categories of citizens available mortgage programs, which are subsidized by the state budget. The program "Social mortgage" works for 'Waiting' and the socially disadvantaged population groups in need of better housing conditions. Program 'Mortgages – young families' designed for the family, one of whose members do not have 30 years. Finally, there is a special mortgage program for the military. Also on our site you can learn about mortgages programs of various banks. In Russia there are dozens if not hundreds, of banks and lending institutions that offer mortgages. In this case, practically every bank offers its clients several mortgage programs to choose from. On our site you will be able to meet the conditions of granting mortgage loans in the largest Russian banks – Sberbank, the bank Uralsib, Bank of Moscow, vtb 24 and cit Finance. To date, virtually every more or less major city in Russia you can get a mortgage. On our website we will try to gather as much information on specific banks and mortgage programs operating in different cities country.