OREANDA-NEWS. March 24, 2011. AMT BANK changed the terms and conditions of mortgage lending and made them even more affordable for potential borrowers. In particular, starting from the above date, AMT BANK cancels fees for considering mortgage applications for all categories of customers, reported the press-centre of AMT BANK.

The term of considering a mortgage application is 3 business days on average. To have an initial consultation by a specialist before submitting an application, customers may address any office of AMT BANK or send their data to credit specialists by filling in a form on the official website of the Bank amtbank.com.

Moreover, on March 21 till April 30, 2011 AMT BANK decreases the amount of the fee for giving mortgage loans from 2% till 1% of the loan amount. The minimum amount of the fee is 10 thousand rubles or 350 US dollars. According to the updated terms and conditions of mortgage programmes of AMT BANK, any persons – parents, children, brothers/sisters, civil partners, friends and even colleagues of the borrower may act as coborrowers.

The new terms and conditions also suggest a more loyal approach to a negative credit history of the potential borrower. For example, the Bank considers applications even from those customers, who delayed their payments on previously granted loans by other banks no more than once and the delay lasted from 61 till 91 days (regardless of the loan amount). Moreover, when considering a mortgage application, AMT BANK does not take into account delays of loan payments lasting till 30 days irrespective of the number of such delays.