The five largest banks in Russia may exhaust their limits on family mortgages.
Sberbank has temporarily stopped accepting applications for new transactions due to a lack of funds under the program.
In this regard, it is possible that the minimum down payment on a mortgage will be increased to 50%, warned the general director of the Construction Complex Rating Agency, Fyodor Vylomov. RIA Novosti reports on this.
The remaining banks from the TOP-5 may also tighten conditions if the limits are not revised.
The expert emphasized that top banks account for 85% of the program limits. Borrowers are limited in their ability to choose an alternative bank.
In October, Dom.RF added 140 billion rubles to the limits, distributing the funds between banks.
However, these funds may only last until November.
Vylomov believes that increasing the minimum down payment to 50 percent could become widespread.
