Russian investor with 100 mortgages found
Regarding preferential loans, when there were no restrictions on the 'one mortgage in one hand' scheme, up to 8–10 preferential loans were obtained, — explains the expert.
Consensus
- A Russian real estate investor obtained more than 100 mortgage loans.
- The loans were used to purchase apartments.
- The investor had a good initial down payment.
- The bank allowed loans based on expected rental income, eliminating the need to verify income.
- The investor used both standard and preferential mortgage programs.
- Before restrictions, individuals could obtain up to 8–10 preferential mortgages.
- Current rules limit one preferential mortgage per person.
- Starting in February 2026, couples can only get one family mortgage together.
- There are no legal limits on the number of market-rate mortgages.
- Banks typically set their own limits, usually allowing up to three loans per year and up to five active loans simultaneously.
- High-income borrowers with significant savings are not considered high-risk and often repay loans quickly.
Points of divergence
- A separate case was reported where one borrower had 26 mortgages, identified during a 2024 audit by the Russian Audit Chamber. — vm
- Before December 2023, over 115,000 Russians obtained two or more preferential mortgages for investment purposes. — vm
- The Federal Tax Service is reviewing around 154,000 non-working Moscow residents who rent out property, requiring them to explain income sources. — vm
- The investor used preferential mortgage programs before the 'one preferential mortgage per person' rule was introduced. — tg_moscowmap
Coverage (5 sources)
- Expert: Russians often pay off two or more mortgage loans — Вести
- Person with 100 mortgage loans found in Russia — РИАМО
- Real estate investor took 100 mortgages in Russia — Вечерняя Москва
- Person with 100 mortgages found in Russia — Новости Москвы
- Russia finds person with 100 mortgage credits, TASS deputy head of mortgage department of company 'E...' says — ТАСС (Telegram)
Key entities
- Russia
- TASS
- Etazh
- Moscow
- RIA Novosti
- Reshetnikov
- Tatyana Reshetnikova
- Real Estate Generator
- Konstantin Anokhin