Mortgage lending in the Russian Federation: regional features and trends

One of the most popular tools that you can use to purchase real estate is mortgage lending. A mortgage is a pledge of real estate. Most often, the purchased housing is accepted as collateral. In domestic practice, various mortgage lending schemes are used. This article discusses the conditions for granting mortgage loans and compares them by a number of criteria. These include the following: interest rate, loan amount, loan term, age of the borrower, length of service of the borrower, etc.