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ZAO Raiffeisenbank and Urban Group have launched a joint mortgage program for the «City of Embankments» Housing Estate

Within the framework of the partnership between Raiffeisenbank and Urban Group, customers will be offered mortgage loans for purchasing apartments in City of Embankments housing estate at interest rates of 13.75% to 15% in rubles before property registration, and 12.75% to 14% after registration, for a period of 1 year to 25 years, with a down payment starting from 15%.

Raiffeisenbank provides priority in consideration of loan applications (two or three days) and conclusion of contracts with customers purchasing accommodation in the above mentioned complex. Raiffeisenbank does not charge fees for mortgage loans. Another important advantage of the banks mortgage programs is the banks flexible approach to accounting for clients income: income of civil partners and income from part-time work is taken into consideration.

Quality service is one of our companys major priorities, says Andrey Puchkov, CEO of Urban Group. Raiffeisenbank is known for its excellent customer service standards. We appreciate our partnership with the bank and hope that thanks to it we will offer our customers even more advantageous and comfortable conditions for purchasing accommodation.

We continue to expand the range of apartments which may be of interest to our clients, actively engaging new partners in cooperation and constantly supplementing our offerings in the mortgage loan sphere, noted Andrey Stepanenko, member of the board of ZAO Raiffeisenbank, head of the directorate of services for private persons.

Currently 21 apartment buildings featuring 3,000 apartments and 79 townhouses are under construction in the City of Embankments housing estate, located in the town of Khimki. Infrastructure is also being constructed, such as a kindergarten, school, several underground parking lots, a supermarket, fitness center, pharmacy, bank branch, shopping malls, restaurants and cafes, childrens playgrounds and sports area, dog walking areas, and sandy beach. This is an economy class project with a unique architectural concept: the housing estate will incorporate two artificial canals and seven embankments. Buyers are offered 50 different apartment layout variants, including two-level layouts.

At the present moment, within the framework of mortgage lending, ZAO Raiffeisenbank is ready to consider five apartment buildings in City of Embankments housing estate. For further information please contact our specialists at the telephone number 8-800-700-28-25 or on the banks website.


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