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 those serving in the national security and state protection agencies, under the state support program for the acquisition of an apartment or a house.
Purpose	new build, secondary market, house
Collateral	Acquired property Additional real estate
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	7 business days
Additional terms	The amount of state support for the down payment is 2 500 000 AMD 5 percentage points of the annual nominal interest rate are subsidized by the state

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:

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

Mortgage for Military Personnel from Converse Bank