Mortgage Housing for Young Families from Araratbank

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Araratbank

Housing for Young Families

Relevant for 16.09.2026

Effective rate  
7.8% - 8.17%
Rate
7.5%
Amount
to 22 500 000֏
Down payment
from 10%
Term
10 - 20 years
Available for non-residents of Armenia
No

Mortgage loan for a young family to purchase residential property on the secondary market.

Purpose
secondary market, house
Collateral
Acquired property appraised at market value
Down payment
from 10%
Loan term
10 - 20 years
Loan currency
֏
Loan amount
to 22 500 000֏
Payment type
Annuity
Validity period of the decision
15 business days
Additional terms
Clients whose total monthly net income exceeds 800 000 AMD cannot be financed
Or if anyone owns another residential property (apartment, house), except when the space allocated per registered (resident) person in the given apartment/house is less than 18.0 sq. m
Or if they do not intend to move permanently into the acquired apartment
The acquisition cost of the property must not exceed 25 000 000 AMD, and at the same time, the appraised market value must not exceed 26 000 000 AMD

Terms apply to the bank's head office and may differ at its branches.

More details on the bank's website