Absolut Bank began issuing
mortgage loans for mortgaged real estate of a third-party bank in the primary market.
“Transactions in this format are practically are completely absent on the market, although interest in them from realtors, developers, as well as potential sellers and buyers is growing,” the press service of the institution notes.
According to the bank, such
credits in objects under construction will be used in Moscow, St. Petersburg, Yekaterinburg, Krasnodar, Samara. According to the bank's press service, these regions in the first quarter of 2019 showed the most significant volume of issuance of
mortgages in the primary market.
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