Mortgage Affordable housing for military personnel. from Armeconombank
Armeconombank
Affordable housing for military personnel.
Relevant for 16.09.2026
Effective rate
6.59% - 8.14%
Rate
11%
Amount
to 25 650 000֏
Down payment
from 0%
Term
10 - 20 years
Available for non-residents of Armenia
No
Mortgage loans provided to military personnel of the officer and senior non-commissioned officer ranks of the Ministry of Defense of the Republic of Armenia, as well as personnel of the national security and state protection agencies of Armenia, under the government assistance program for purchasing an apartment or house on the primary market. | |
Purpose | new build, house |
Collateral | Acquired real estate, if necessary, a second property as well. |
Down payment | from 0% |
Loan term | 10 - 20 years |
Loan currency | ֏ |
Loan amount | to 25 650 000֏ |
Payment type | Annuity |
Validity period of the decision | 20 business days |
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: Passport Marriage certificate Certificate from the place of work on an individual account statement for the last 12 months, Social card Constituent documents of the seller, A certificate from the seller about the apartment for sale and its cost, Preliminary assessment of real estate |
Terms apply to the bank's head office and may differ at its branches.
More details on the bank's website