Mortgage Affordable Housing for Young Families from Converse Bank
Converse Bank
Affordable Housing for Young Families
Relevant for 16.09.2026
Effective rate
3.16% - 11.75%
Rate
7% - 7.5%
Amount
to 27 750 000֏
Down payment
from 7%
Term
10 - 20 years
Available for non-residents of Armenia
No
Loans for the acquisition of residential real estate in the Republic of Armenia | |
Purpose | new build, secondary market, house |
Collateral | Acquired real estate, and if necessary, a second property as well. |
Down payment | from 7% |
Loan term | 10 - 20 years |
Loan currency | ֏ |
Loan amount | to 27 750 000֏ |
Payment type | Annuity and Differentiated |
Validity period of the decision | 7 business days |
This loan can be taken under the following programs: | State Target Program "Affordable Housing for Young Families" |
Documents required for application: Identification documents of the borrower, co-borrowers and family members, Marriage, divorce, birth and death certificates, if applicable, Certificate from the place of work, Documents confirming secondary income, Certificate of ownership of the acquired property, Documents confirming the identity of the property owners and the grounds for the acquisition, Other documents at the request of the bank |
Terms apply to the bank's head office and may differ at its branches.
More details on the bank's website