The terms for “Mortgage at 7%” to undergo changes.

The conditions for obtaining a soft loan at 7% are set out in a government decree № 63. The maximum loan amount is UAH 2 mln ($76,000). The maximum term is 20 years, and the minimum down payment is 15% of the cost of housing. Loans are now issued for the purchase of residential property in the construction phase in the primary market, or the secondary market.