Mortgage loans for the construction of a residential house from Araratbank
Araratbank
Mortgage loans for the construction of a residential house
Relevant for 16.09.2026
Effective rate
13.41% - 15.36%
Rate
from 13%
Amount
to 150 000 000֏
Down payment
from 0%
Term
5 - 25 years
Available for non-residents of Armenia
No
Mortgage loans issued in Armenian drams for the construction of residential houses. | |
Purpose | construction |
Collateral | Land acquired for construction purposes Land to be acquired and/or additional real estate appraised at market value |
Down payment | from 0% |
Loan term | 5 - 25 years |
Loan currency | ֏ |
Loan amount | to 150 000 000֏ |
Payment type | Annuity and Differentiated |
Validity period of the decision | 15 business days |
Additional terms | The loan is provided in stages, in 3 tranches |
This loan can be taken under the following programs: | Not a government program |
Documents required for application: Identification documents Marriage , divorce, death certificate Identification documents of family members and co-borrowers Certificate of the actual place of residence Certificate from the tax inspectorate on the availability of an individual account Other documents at the request of the bank's credit specialist |
Documents required after loan approval: Property and/or land appraisal report Other documents upon request by the bank's credit specialist. |
Terms apply to the bank's head office and may differ at its branches.
Apply for a mortgage