Acquisition, renovation, or construction of residential property. from Converse Bank

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Converse Bank

Acquisition, renovation, or construction of residential property.

Relevant for 16.09.2026

Effective rate  
13.97% - 24%
Rate
13% - 15.5%
Amount
to 60 000 000֏
Down payment
from 10%
Term
5 - 20 years
Available for non-residents of Armenia
No

The loan is provided for the acquisition, renovation, and construction of residential property.

Purpose
new build, secondary market, construction, house, renovation
Collateral
Acquired real estate, and if necessary, a second property as well.
Down payment
from 10%
Loan term
5 - 20 years
Loan currency
֏
Loan amount
to 60 000 000֏
Payment type
Annuity and Differentiated
Validity period of the decision
7 business days
Additional terms
The main service package offered to borrowers during the entire loan servicing period:
Annual service fee for Visa Classic or Mastercard Standard card: 0 AMD,
Annual service fee for Converse Mobile application: 0 AMD

Terms apply to the bank's head office and may differ at its branches.

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