Sber has allowed borrowers to include their accompanying costs in the mortgage with down payments starting at 10%. Now SberBank's mortgage clients who make down payments of 10% or more can include additional services in the mortgage when buying a pre-owned apartment.

This will reduce clients' one-time costs before the purchase. Borrowed funds can be used to pay for the following services: Electronic Registration, Secure Settlements, Legal Check, and the real estate agent commission.

In March, this option was rolled out for clients making down payments of 20% or more. Now it is available to those whose down payment starts at 10%.

The list of additional services that can be included in the loan will be expanded until the end of 2021. Sber was the first in Russia to allow borrowers to include additional costs in their home loans.

Services like Electronic Registration and Secure Settlements are very popular among our clients, who take advantage of these services in 90% of Sber deals, so we have decided to make these offerings even more affordable. You can take out a mortgage and use the bank's services with a minimum down payment today, and you can pay it all back gradually along with the mortgage payments.

Nikolay Vasyov

Vice President, Director of the DomClick Division, Sberbank

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Sberbank of Russia published this content on 30 July 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 30 July 2021 12:38:01 UTC.