The National Mortgage Company Program from Inecobank
Inecobank
The National Mortgage Company Program
Relevant for 16.09.2026
Effective rate
17.88% - 20.65%
Rate
16% - 17.9%
Amount
to 60 000 000֏
Down payment
from 30%
Term
10 - 15 years
Available for non-residents of Armenia
No
Mortgage loans for residential real estate | |
Purpose | new build, secondary market, construction, house, renovation |
Collateral | Acquired property Additional real estate |
Down payment | from 30% |
Loan term | 10 - 15 years |
Loan currency | ֏ |
Loan amount | to 60 000 000֏ |
Payment type | Annuity and Differentiated |
Validity period of the decision | 10 business days |
Additional terms | Down payment – at least 10%, if other real estate is also pledged along with the acquired property, or at least 7.5% for unmarried borrowers under the age of 30, if the apartment is purchased from the developer and other real estate is also pledged along with the acquired property |
This loan can be taken under the following programs: | Not a government program |
Documents required for application: Buyer's identity document, Buyer's Public Service Number, Copy of buyer's spouse's identity document, Other documents if necessary, Preliminary property appraisal, Certificate from the buyer's workplace, Preliminary estimate in case of renovation |
Terms apply to the bank's head office and may differ at its branches.
Apply for a mortgage