Military mortgage

Military "bar" in our country is great, but their income is not always possible to acquire housing. Just to support the "defensive shield" of the country and appeared mortgage for the military. The military can take part in the accumulation and mortgage system. In this case, their special personal accounts would receive a monetary contribution. Within three years of participation in this program the military gets the right to use this sum to buy a home in the mortgage. In fact, the employee is not required own funds - payment will be due the money is transferred to the account. Conditions of Military mortgage can be taken for a period of 36 months until the borrower's age of 45. Minimum down payment for housing must be at least 10% of its value. Among other things, the military must have private insurance and bought real estate. As a bonus the conditions provided for deferral of payment of interest charged. True if, for whatever reasons, the military can not repay debts, then decorated it goes flat in the state. According to program the military operates a large number of mortgage lending institutions, credit interest rate hovers around 11-15% per annum.