Updated LOCKO-Bank’s Mortgage Products Allow Profitable Apartments Buying

Under long-run cooperation with leading Russian real estate developers LOCKO-Bank provides new terms of mortgage products. Now it is possible to buy apartments in «Eko Vidnoe» community from MR Group real estate developer using one of three mortgage programs: «LOCKO-AHML- Primary market», «LOCKO-Mortgage-Partner», «LOCKO-Luxe». Additionally, on 20 February 2014 a new program was approved –«LOCKO- Mortgage-MBS».

Each of the products was created including individual client needs. For instance, under the program «LOCKO-AHML- Primary market» with government support it is possible to get a loan for 30 years at the rate of 8.8% annually (after property registration) and «LOCKO-Luxe» program allows buying apartments without an initial payment. «LOCKO- Mortgage-MBS» enables to buy an apartment in a new building with an initial payment of 15% and with income confirmation according to bank form (previously, only 30% advance sum and 2-TIPI). For consulting on choosing the most appropriate program and getting a preliminary loan decision it is possible to leave an application at LOCKO-Bank’s website.

«Eko Vidnoe» is a large project of comprehensive development in Vidnoe city with all necessary social infrastructures. It is located in the eco-friendly region near Kupelinki River. Total area of the project is 15 hectares with 13 houses, a nursery school, open high-level parking and shopping premises.