Purchase of an apartment through a mortgage loan financed by the National Mortgage Company.
Purpose	new build, secondary market
Collateral	Acquired real estate, and if necessary, also a second property
Down payment	from 10%
Loan term	10 - 20 years
Loan currency	֏
Loan amount	to 60 000 000֏
Payment type	Annuity
Validity period of the decision	3 banking days
Additional terms	The mortgage loan financing constitutes up to 70% of the appraised value or purchase price (whichever is lower) of the ready-to-move-in apartment or house. If there is mortgage liability insurance covering 30% of the value of the acquired residential house or apartment and the difference of the down payment made by the borrower (of 10% or more), the financing can go up to 90%.

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.

National Mortgage Company from Byblos Bank Armenia

Byblos Bank Armenia