Purchase under the National Mortgage Company program from Evocabank
Evocabank
Purchase under the National Mortgage Company program
Relevant for 16.09.2026
Effective rate
13.84% - 14.4%
Rate
12.5% - 13%
Amount
to 45 000 000֏
Down payment
from 10%
Term
10 - 20 years
Available for non-residents of Armenia
No
A mortgage loan is intended for the purchase of an apartment, house, or other residential property funded by the National Mortgage Company. | |
Purpose | new build, secondary market, house |
Collateral | In the case of loans granted for the acquisition of existing residential real estate, the acquired residential real estate serves as collateral, while in the case of loans granted for the acquisition of under-construction residential real estate, the collateral is the right to purchase the under-construction residential real estate and the pledge of funds on the developer's special account, until the registration of ownership rights to the real estate, after which the real estate itself becomes the collateral |
Down payment | from 10% |
Loan term | 10 - 20 years |
Loan currency | ֏ |
Loan amount | to 45 000 000֏ |
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, For all acquisition mortgage loans, when the residential real estate is purchased from the developer, the building must have an energy passport, where the building's energy efficiency class is at least B |
This loan can be taken under the following programs: | Not a government program |
Documents required for application: Passport Social card Marriage certificate Children's birth certificate Salary information from the place of work in case of self–employment - a certificate of registration in the State Register Taxpayer's number An assessment report on the acquired property, a certificate of ownership of the property being sold or renovated, Grounds for the purchase of real estate for sale, documents required by the bank |
Terms apply to the bank's head office and may differ at its branches.
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