Commercial mortgage loan from Evocabank

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Evocabank

Commercial mortgage loan

Relevant for 16.09.2026

Effective rate  
13.2% - 17.4%
Rate
14% - 17%
Amount
to 120 000 000֏
Down payment
from 10%
Term
5 - 20 years
Available for non-residents of Armenia
No

Mortgage loan for acquiring business premises for the purpose of conducting commercial activities

Purpose
commercial property, renovation
Collateral
Acquired property
Additional real estate
Down payment
from 10%
Loan term
5 - 20 years
Loan currency
֏
Loan amount
to 120 000 000֏
Payment type
Annuity and Differentiated
Validity period of the decision
2 banking days
Additional terms
In the case of acquiring real estate, the borrower deposits a down payment at the bank, which is frozen until the loan is granted,
The borrower may choose not to deposit a down payment, instead pledging additional real estate,
In this case, the loan amount granted to the borrower should not exceed the appraised market value of the acquired real estate, while maintaining the 70% Loan-to-Value ratio of the appraised market values of all pledged properties.
When acquiring real estate from the primary market, as proof of the down payment, the customer may present the developer's receipt for the advance payment and/or advance payment agreements/contracts

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

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