Overview
- From February 1, only one subsidized loan per family will be allowed, spouses must be co-borrowers, and third-party inclusion in contracts will be prohibited.
- Major lenders including Sberbank, VTB, Dom.RF, Alfa-Bank, Sovcombank and Absolut say applications and disbursements continue, while T‑Bank plans a 1–1.5 week pause and Rosselkhozbank’s status is disputed by outside data and the bank.
- DOM.RF reports a record December for the program with 104,000 family mortgages issued, up 70% month over month, totaling about 605 billion rubles.
- Analysts expect mortgage lending to slow in the first half of 2026 after the December surge and reduced state compensation to banks.
- Dom.RF notes the secondary-market version of the program expanded to 22 more cities in January, and the finance ministry allows refinancing of the market-rate portion of combined preferential loans.