OREANDA-NEWS. February 25, 2011. AMT BANK introduces mortgage loans for individual entrepreneurs and founders of small and medium enterprises within the framework of existing mortgage programmes for purchase of flats in the secondary real estate market and in a newly constructed building, reported the press-centre of AMT BANK.

Individual entrepreneurs and SME founders have been included into existing categories of borrowers on a par with employees, who confirm their income under the 2-NDFL form or under the Bank’s form.

Business owners may confirm their income by showing accounting documents (for individual entrepreneurs) and a 2-NDFL certificate (for company founders). Basic terms and conditions of lending (term, amount, initial payment) for individual entrepreneurs and company founders are the same as for other categories of borrowers; interest rate is 1% per annum higher. The lending term is fr om 7 till 25 years. The maximum loan amount is 18 million rubles or 600 thousand US dollars. The initial payment is 20%; the initial payment for purchase of housing for the purpose of further renting it out is 50%.

AMT BANK does not require constant registration of the customer at wh ere the housing was purchased; when considering a loan application the total income of the family is taken into account; it is possible to attract up to 4 coborrowers. The price for considering a loan application is 500 rubles. Debiting funds from the loan account of the customer, when giving the loan, is effected free of charge. You can have initial consultations as to mortgage matters at any office of the Bank free of charge.