Magnet Investments

Social Mortgage Program

Social mortgage – is a national program of mortgage lending socially disadvantaged groups, as well as people who stood in line for an apartment for many years. To join the program social mortgage, it is essential that the authorities recognized you need to improve their living conditions. Social mortgage – this is a new program that really works today in Moscow and Tatarstan (Kazan, Naberezhnye Chelny, Nizhnekamsk, Almetyevsk, Ufa). The main advantage of the social mortgage business before – the underestimated value of the property. The difference between the market value of housing covered by the Government region and the federal budget. Today's issue of the social mortgage – a small number of homes under construction in this state program. However, in the near future the state program of social mortgage spread not only in homes built by the regional authorities – the latter agree with the construction companies. Social mortgage in Kazan (Tatarstan), 'Building the future' the most active social program mortgage is being introduced in Tatarstan (especially in Kazan, Naberezhnye Chelny). The republic has a special mortgage co-operative 'Building the future', in which the former take a waiting list. Living in Kazan, Tatarstan, and all can to submit applications for inclusion in the program of social mortgage in district departments of accounting and distribution of housing, public housing and the co-op 'Building the future'. To register for one area of housing family member should not exceed 19 square meters.

Tags: financial, Property