In the XXI century mortgage has become a popular option of obtaining housing. Impressive results, "the Kirov regional mortgage corporation" – one of the leading mortgage companies in Russia. Since 2004, the conditions of state programs on the SCREAM through accredited partner banks issued more than 5,000 loans. Banks themselves in the last 2007 mortgage actively promoted and expanded line of credit programs. Kit-Finance, IzhLadabank, Sberbank, Bank Petrocommerce Khlynov Bank, World Bank and other financial market participants of the Kirov region has successfully worked with borrowers. The average inhabitant of the region has no money to purchase houses without credit. So it was yesterday, today and tomorrow, this situation does not change.
For several years the mortgage has quickly become a fashionable phenomenon in the housing market. Sensational mortgage boom 2004-2005, still reminds of itself. The mechanism of mortgage lending is discussed population of long and thorough, so the joke "mortgage – a step for those who do not understand the first time" has lost its urgency. A new entity in the market – a mortgage broker. Today, the number of mortgage brokers in Kirov difficult to calculate.
Wind from the West Loud mortgage crisis in America and Europe was not lost on Russia. What happens to the Kirov mortgage market? How likely is the crisis? What to expect borrowers? Questions discussed, but ambiguous. For a start look at why foreign disaster in world financial markets has undermined the reputation of some banks in Russia. Director, Center for Housing Loan Bank "Khlynov" Sergei Skurikhin explained the situation: "To actively work in the mortgage market, banks need significant financial resources.