AMT BANK Cuts Initial Contribution under Mortgage Loans
OREANDA-NEWS. June 22, 2010. The amount of initial contribution under all of mortgage programmes of AMT BANK was decreased from 25% till 20%. The contribution decrease concerns both ruble- and dollar-denominated loans, reported the press-centre of AMT BANK.
Now the maximum amount of a mortgage loan, which may be obtained from AMT BANK, totals 80% of the price of an apartment. The maximum amount of the loan for purchasing an apartment for the purpose of further renting it out is 50% of its value. A mortgage loan may be obtained for the term of from 7 till 25 years, for the amount of from RUB 300 ths till RUB 18 mln and from USD 10 till 600 ths.
The interest rate under mortgage programmes in rubles totals 12.5 – 16% per annum and 9 – 10.5% in US dollars.
At the present time the Bank suggests professional realtors becoming agents to the Bank as to attracting mortgage borrowers. For each deal the Bank offers a significant reward – 0.7% of the deal amount. For further details, please visit any office of the Bank or call the Contact Centre of AMT BANK at (495) 363-00-50 or 8 800 333 82 82 (free of charge).
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