From April 9, 2021, VTB improves mortgage conditions. As part of the Program with state support, the rate decreases by 0.3 percentage points, up to 5.8 percent per annum. Refinancing of the mortgage of other banks is now available under 7.8 percent, the rate is reduced by 0.4 percentage points. About this “Lente.ru” reported in the press service of the bank.
“We see that the demand for a preferential mortgage and refinancing programs this year continues to grow. Borrowers understand that now – the most favorable moment to solve a housing issue. It is extremely important for us to provide customers with the most accessible loans, so from today we have been We reduce the rates on the most popular programs. In the first half of the year we intend to issue 150 billion rubles on a preferential program and maintain leadership in the refinancing market, which will contribute to the current improvement of the mortgage conditions in VTB, “said the head of the Mortgage Lending Department – Vice President VTB Mikhail Seroshtan.
VTB is one of the leaders of the mortgage lending market. According to the results of the first quarter of 2021, VTB increased sales of mortgages to 215 billion rubles, which is a historical record for the bank. This year, the population has consistently increases demand for housing loans: in March, issuing amounted to more than 93 billion rubles, which is almost a quarter higher than February indicators.
One of the main growth factors of mortgage sales is still a mortgage with state support. Since the beginning of the year, VTB issued 65 billion rubles over it, and in total during the program, 82.5 thousand transactions were 265 billion rubles. The proportion of the program in the total volume of mortgage sales of the bank is about 30 percent. The reduced rate on the program with state support operates when the application is issued until May 31, 2021.