“Floors”: foreigners began to apply for mortgages in Russia more often

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The share of foreign nationals among those who applied for housing loans increased 1.5 times in April 2023 compared to the same month of 2022. In this respect Wrote The newspaper Izvestia referred to the statement from the press service of the federal company Etazhi.

Tatyana Reshetnikova, deputy head of the mortgage department of the federal company, explained the increase in the indicator by the decision of the government commission to monitor foreign investments in Russia to allow the issuance of mortgages in rubles to citizens of hostile states.

At the same time, Reshetnikova said that credit institutions lend mainly to citizens of friendly states who have an official job and proof of income. Other foreigners are less likely to approve the mortgage.

As the vice president of the company noted, several large Russian banks provide loans to foreigners, and each of them has its own requirements for potential borrowers.

Earlier this week, Irina Radchenko, Vice President of the International Academy of Mortgage and Real Estate (MAIN) reportedHe says the most popular type of apartment among Russians over the past few years has been one-room living quarters and the small “kopek piece”.

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