Fast payments for transactions involving maternity capital, loan agreements (with a mortgage without a down payment) are paid on standard terms.
Fast payments do not apply to transactions
- For which the necessary payment documents have not been provided or confirmation of full payment under the Shared Construction Participation Agreement from the developer has not been received.
*A project manager makes a request for confirmation of payment in the transaction chat.
- Using a military mortgage
- Parking lots, storerooms, finishing and equipment contracts
- Land plots
- Transactions using a long-term letter of credit
Payment is made within 1 business day from the moment all conditions are met:
- the payment details have been selected by 5:00 PM;
- the correct documents, if requested, have been submitted by 5:00 PM OR we have received confirmation from the developer by 5:00 PM.
We produce Fast payments for all developer's commercial real estate
Common conditions of Fast payments
We organize Fast payments for deals with the developers when we receive the confirmation from the developer or when we receive the document from the agency:
— for deals with standard mortgage or 100% payment you may send escrow account statement with the whole amount of the price on it or the documents confirming the registration of the contract in RosReestr;
— for deals with tranche mortgage or installments plan you may send payment documents displaying the down payment amount which meet developer conditions and the documents confirming the registration of the contract in RosReestr.
BUT if the developer doesn’t have any restrictions on the percentage of the down payment you may send the documents confirming the registration of the contract in RosReestr only.
Important: When using a subsidized rate with an increase in the apartment's price, the reward is calculated based on the unsubsidized price.