Wednesday, August 15, 2012

Cheap loans for housing: the first payment reduced by half


Ministry of Regional Development makes another generous gift of Affordable Housing Program. Which, I must say, is seriously stalled.
Правительство хочет сделать доступными кредиты на жилье
The government wants to make available loans for housing / topwar.ru
The first payment on the house, which is sold on credit at 3%, decrease - from 25 to 10%. In addition, the mortgage will be able to not only the poorest: Ministry of Regional Development was going to raise the ceiling on family income, which provide a loan.
According to the Minister Anatoly Bliznyuk, the apartment will now be chosen with regard to the number of family members of the borrower.
Earlier, the president of the Association of Ukrainian Banks Oleksandr Sugonyako said that the banks have no money to implement the Presidential Mortgage Affordable Housing Program.
"In order to lend up to 15 years, or ten years in the mortgage, the bank should have a long-term resource, and the risks should be reduced to the extent of which can be cut off. And if not? And when the National Bank states that, that in the banking industry such money is enough, and the bank, a specific bank, though one of the state banks' claims - we do not have such funds. So who is telling the truth? "- said Sugonyako.
Earlier FINANCE bigmir) net reported that the Cabinet of Ministers of Ukraine satisfied with pace of implementation of state programs to provide affordable housing to the population.
On Wednesday, June 27, Prime Minister of Ukraine Mykola Azarov.
"Satisfy us there, first and foremost citizens of the country, the pace of implementation of the program? Of course not," - he said.

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