Mortgage Loan for Military Personnel from Ardshinbank
Ardshinbank
Mortgage Loan for Military Personnel
Relevant for 16.09.2026
Effective rate
8.3% - 13.5%
Rate
12.75%
Amount
to 25 650 000֏
Down payment
from 10%
Term
10 - 20 years
Available for non-residents of Armenia
No
Mortgage loans provided to military personnel of officer and senior non-commissioned officer ranks in the Ministry of Defense of the Republic of Armenia, as well as those serving in the National Security and State Protection bodies of the Republic of Armenia, within the framework of a government assistance program for purchasing an apartment or house on the secondary market. | |
Purpose | secondary market |
Collateral | Acquired property |
Down payment | from 10% |
Loan term | 10 - 20 years |
Loan currency | ֏ |
Loan amount | to 25 650 000֏ |
Payment type | Annuity |
Validity period of the decision | 7 calendar days |
Additional terms | The amount of state support for the down payment is 2 500 000 AMD 5 percentage points of the annual nominal interest rate are subsidized by the state |
This loan can be taken under the following programs: | State Targeted Support Program "On the Acquisition of Apartments or Residential Houses or the Construction of Residential Houses by Contracted Military Officers and Senior Warrant Officers" |
Documents required for application: Identification documents of the borrower, the borrower's spouse, the co-borrower and the co-borrower's spouse, Marriage certificate Birth certificates of children, Energy passport of an object under construction when purchasing real estate on the primary market, The legal package of a non-cooperating developer, Schedule of construction works, Data on the employment of the borrower and co-borrower, Statements from the individual account of the borrower and co-borrower for the last year, issued by the tax authority, Statements from the borrower's spouse's individual account for the last year. |
Terms apply to the bank's head office and may differ at its branches.
Apply for a mortgage