Conditions
Loan purpose 
Residential real estate acquisition 
Loan type 
Mortgage loan 
Loan amount  
In  case of AMD loan from AMD 500.000 to AMD 60 mln. , In case of USD loan  minimum USD 1.000
Annual interest rate
In case of USD loans - 12%  In case of AMD  loans AMD 500.000 -25.000.000, up to  50% included: 11%  In case of 500.000 - 25.000.000 AMD , 50-70% included in case of loan to pledge value ` 12% AMD  25.000.001 - 60.000.000  up to  70% included n case of loan to pledge value` 13% 
Loan term
144  to  240 months for AMD
120 months for USD 
Redemption frequency
Monthly
Security
Acquired Real Estate (if necessary other residential real estate)
 
Demands
Requirements to Borrower
Resident individual over 18 years Registered and living in the Republic of Armenia Has a constant income source acceptable by the Bank
Redemption frequency
Monthly Monthly- equally (annuitant), or Non-equally (differential)
Guarantee
Real estate security is made by the customer at the insurance company licensed by RA CB, according to the tariff determined by the latter. The tariffs vary from 0.25% to 0.3 % of the loan balance. Insurance for accidents of the Borrower and Co-borrowers is realized by the customer (except the co-borrowers having no income) in the insurance company licensed by RA CB, according to the tariff determined by the latter. The tariffs vary from 0.25% to 0.3 % of the loan balance.
Collateral arrangement expenses
All the expenses related to the collateral formation (notarization, registration of the real estate in subdivisions of Cadastral territory) is made by the borrower Notary fee - AMD 15.000-25.000 Joint reference (on restrictions against real estate) - AMD 10.000 Certificate on the registration of right to real estate- AMD 27.000-75.000
Negative decision grounds
Negative assessment of customers՚ financial state Non-credibility of the presented documents Customer’s negative loan history Other reasons that will hamper the loan repayments according to the Bank assessment.
Documents
NoteDocuments to be presented by individuals
PunctPassport copies, as well as those of the family members (2 copies)
PunctMarriage certificate copy (if any)
PunctStatement from the residence
PunctThird form of purchased apartment
PunctStatement from the workplace (if necessary, information about the paid net salary, income, size of social payments during the last 12 months, and copies of work books).
PunctDocument containing public services number
PunctCopy of property certificate (of the acquired apartment) if necessary, copy of the document serving as a basis for certificate provision
PunctStatement that the present apartment is not under barrage (the original and 1 copy), to be presented after loan confirmation.
PunctCopy of Diploma (if any)
Հաշվիչ
Հավասարաչափ մարումներով
Results Արդյունք
N Վճարման ամսաթիվ Վարկի մնացորդ Վճարվող տոկոսագումար Մարում վարկից Ընդամենը վճարում
Մայր գումարի հավասարաչափ մարումներով
Results Արդյունք
N Վճարման ամսաթիվ Վարկի մնացորդ Վճարվող տոկոսագումար Մարում վարկից Ընդամենը վճարում
Updated: 13/08/2018 10:05