VTB improves the conditions for issuing mortgage loans under the program "victory over formalities". Now customers will be able to solve the apartment issue by issuing a loan on two documents and with a reduced initial contribution of 20% of the object's value.
The "victory over formalities" program is one of the most popular VTB in the mortgage line and involves obtaining a solution without confirmation of income and employment. At the end of 2020, its share in the total issuance of the bank's mortgage exceeded 30%. Customers issued more than 115 thousand transactions in the amount of over 287 billion rubles.
To obtain a decision on a loan, the client needs only two documents - a passport and SNILS. The client receives a decision on the application within 24 hours. Cash can be issued for a period of up to 20 years with a maximum amount of 500 thousand to 30 million rubles. At the initial contribution of more than 50% of the cost of the apartment, the loan rate is reduced to the minimum value of 7.4% per annum. Also, the proposal allows you to make a mortgage as part of the program "MORE MEES - below the bet" on the finished object, an apartment on the primary or secondary real estate market with an area of 100 square meters. m at a rate of from 7.6%. In addition, borrowers who receive the mortgage in the framework of the Ministry of Sonsignment can also take advantage of the program: a rate under the program "Mortgage with state support 2020" - 6.1%, for families with children - 5%, according to the "Far Eastern Mortgage" - 1%.
"VTB is strategically developing mortgage lending for different categories of borrowers. Customers of the bank who want to get a mortgage promptly and with a minimum package of documents can always make it in our passport and SNILS. Now we have reduced for them and the size of the minimum initial contribution of the program to 20%, you can also use any mortgage program and discounts, including the discount of 0.3 pp. When making an application for a mortgage online. Conditions are available to borrowers until March 31 of this year. At the same time, we note that we carefully follow the quality of our mortgage portfolio. The share of loans with the first installment below 20% in VTB is insignificant, less than 15% of transactions, and the level of delay remains on the usual low values, "Mikhail Seroshtan commented, the head of the Mortgage Lending Department - Vice-President of the VTB Bank.
VTB is one of the leaders in the mortgage lending market. At the end of 2020, customers issued 354 thousand mortgage loans by 935 billion rubles. This is the largest result in the history of the bank, which is almost 40% higher than the values of 2019. The WTB mortgage portfolio grew by 18% over the year and almost reached 2 trillion rubles.