Russian Prime Minister Mikhail Mishustin announced that as an extension of the conditions for Russian participation in the state loan program, the maximum amount of soft loans under the Rural Mortgage program has been increased from 3 to 6 million rubles. Words lead the way TASS.
“The size of soft credit for residents of the constituent entities of the Russian Federation using this mechanism increases from 3 to 6 million rubles,” the Prime Minister said at a government meeting.
According to him, under the Rural Mortgage program, more than 100,000 people received preferential loans at rates of up to 3% per year.
As Mishustin explains, citizens should have a wide choice when purchasing housing in rural areas, so “it will be possible to get a loan for the purchase of an apartment in a multi-storey building in strong settlements.” He also added that at the expense of loan funds it will be possible to buy a ready-made set of houses and build it on our own.
Before that, Sberbank knowledgeableFrom September 15, it will begin accepting applications under the Rural Mortgage program to purchase or construct a residential building in rural areas.
Advance Cabinet lowered “Rural Mortgage” rate for border areas from 3% to 0.1%.