ICD: Mortgage program for Russian IT specialists

The main articles are:

• Mortgage in Russia
• Preferential mortgage for IT specialists in Russia

2022

Rate cut to 0.1% APR

On July 8, 2022, the Moscow Credit Bank (MKB) announced the launch of a special program with developers and reduced the rate on preferential mortgages for IT specialists to 0.1% per annum.

Customers can conclude a loan agreement for up to 30 years for the purchase of housing in a new building. For million-plus regions, the maximum loan amount is 18 million rubles, and in the rest of the country, the borrower can take the amount of up to 9 million rubles. The down payment starts at 15% of the cost of housing.

To conclude an agreement under the program with state support, the borrower must meet certain criteria: age from 22 to 45 years with an average monthly level of s/p from 150 thousand rubles. in large regions and from 100 thousand rubles. in the rest.

The IT company should also be included in the register of accredited organizations:

• the company must work in the field of information technology;
• have accreditation in accordance with the Decree of the Government of the Russian Federation of June 18, 2021 No. 929;
• comply with the conditions necessary for obtaining tax benefits in accordance with the Tax Code of the Russian Federation (paragraph 1.15 of Article 284 and paragraph 5 of Article 427).

We offer Russian specialists from the field of information technology the most affordable and transparent conditions for mortgage programs so that they can purchase housing in any city in our country, - said Igor Seleznev, director of the mortgage lending department of the ICD.

Mortgage rate reduction for IT professionals

Moscow Credit Bank (MKB) has updated the terms of the preferential mortgage program for Russian IT specialists. Now the base rate starts at 4.65% per annum. The bank announced this on June 6, 2022.

On improved conditions, you can take out a loan to purchase housing in a new building with a maximum amount of up to 18 million rubles in million-plus regions, as well as up to 9 million rubles in the rest of the country. The size of the down payment is 15% of the cost of housing, and the available loan period is 30 years.

Preferential mortgages are available to employees of IT companies included in the register of accredited organizations:

• the company should work in the field of information technology;
• has accreditation in accordance with the Decree of the Government of the Russian Federation of June 18, 2021 No. 929;
• complies with the conditions necessary for obtaining tax benefits in accordance with the Tax Code of the Russian Federation (paragraph 1.15 of Article 284 and paragraph 5 of Article 427).