National Mortgage Company from Byblos Bank Armenia
Byblos Bank Armenia
National Mortgage Company
Relevant for 16.09.2026
Effective rate
13.23% - 14.93%
Rate
12.5% - 13%
Amount
to 35 000 000֏
Down payment
from 0%
Term
5 - 20 years
Available for non-residents of Armenia
No
Loan for home renovation, financed by the National Mortgage Company. | |
Purpose | renovation |
Collateral | Renovated property or renovated property and other real estate (residential/commercial). |
Down payment | from 0% |
Loan term | 5 - 20 years |
Loan currency | ֏ |
Loan amount | to 35 000 000֏ |
Payment type | Annuity |
Validity period of the decision | 3 banking days |
Additional terms | The financing of the renovation loan covers 100% of the renovation cost (as estimated by the bank employee), provided that the loan amount does not exceed 70% of the estimated value of the renovated apartment. |
This loan can be taken under the following programs: | Not a government program |
Documents required for application: A valid passport or identity card, Income data, Salary certificate provided by the employer, Income declarations for the last 2 years, The unified certificate of the State Cadastre of Real Estate of the Republic of Armenia, the validity period of which at the time of notarization of the contract should not exceed 15 working days, A certificate of ownership issued by the State Cadastre of the Republic of Armenia confirming the ownership of the seller, containing a description of the property and a drawing, Assessment report, Additional documents may be required. |
Terms apply to the bank's head office and may differ at its branches.
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