AMT BANK Gives Opportunity to Get Mortgage Loan Using MFC Certificate
OREANDA-NEWS. June 10, 2011. AMT BANK LLC makes mortgage loans more affordable. Starting from June 1, 2011 customers of the Bank may get a mortgage loan with an initial contribution of 5% of the apartment value. Such an opportunity is given to those customers, who have a maternal family capital certificate (MFC), reported the press-centre of AMT BANK.
For this category of borrowers the amount of a loan may be increased up to 95% of the apartment value through using the MFC funds for early partial repayment of the loan.
Subject to the updated terms and conditions, AMT BANK can give a loan increased by the amount of the MFC, and the amount of the MFC funds totals up to 10% of the apartment value. After the loan is given, the customer files an application to the Pension Fund for payment of the MFC funds, and the Pension Fund transfers them to the Bank towards early partial repayment of the loan.
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