Women beat men on mortgages

In Russia, women have surpassed men in the number of mortgage applications. This type of loan has become the only one that Russian women take out more often, RIA Novosti writes about this with reference to data from the financial marketplace Banki.ru.

According to experts, this feature may be related to the specifics of obtaining a family mortgage. Thus, maternity capital, which is often used as a down payment, is often registered in the name of the mother, so a woman can become an applicant or co-borrower on a mortgage.

It is noted that half of the applicants are married. The main age group is Russians from 25 to 34 years old (39 percent of applications). Most often, borrowers want to receive from 1 to 5 million rubles (64 percent of applications), while the majority (59 percent) expect to repay the loan for more than 15 years.