The loan is intended for the repair, improvement, and reconstruction of residential property.
Purpose	renovation
Collateral	Renovated property or renovated property and other real estate (residential/commercial).
Down payment	from 0%
Loan term	5 - 10 years
Loan currency	$
Loan amount	to 250 000$
Payment type	Annuity
Validity period of the decision	30 business days

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

This loan is available for non-residents.
Conditions for non-residents.	Loans in US dollars are provided exclusively to individuals who are not residents of the Republic of Armenia.

Loan for property renovation funded by the bank. from IDBank

IDBank