Loan for the purchase of residential real estate funded by the National Mortgage Company.
Purpose	new build, secondary market, house
Collateral	Acquired real estate, and if necessary, a second property as well.
Down payment	from 10%
Loan term	10 - 20 years
Loan currency	֏
Loan amount	to 60 000 000֏
Payment type	Annuity and Differentiated
Validity period of the decision	30 business days
Additional terms	Real estate cannot be purchased from an individual who is a family member of the borrower/co-borrower, specifically: the borrower’s/co-borrower’s father, mother, spouse, spouse’s parent, grandparent, sibling, child, or the spouse and children of the sibling

This loan can be taken under the following programs:

Not a government program

Documents required for application:

Identification document of the borrower and co-borrower
Taxpayer identification number of the borrower and co-borrower or certificate of absence of the INN,
Marriage,death, and Dissolution certificate
Identification documents for children
Certificate of ownership of real estate,
Documents confirming the grounds for issuing a certificate of ownership

Documents required after loan approval:

A certificate from the State Cadastre Committee under the Government of the Republic of Armenia stating that the property has not been pledged or is not under another type of arrest
Real estate valuation certificate provided by independent appraisal companies cooperating with the Bank Identity cards of property owners
In the case of sellers who are legal entities, the decision of the authorized body on the sale of property, the passport of the person carrying out the transaction, the INN, the certificate of state registration of the Republic of Armenia and the charter

Acquisition: National Mortgage Company from IDBank

IDBank