Mortgage Housing for Young Families from Araratbank
Araratbank
Housing for Young Families
Relevant for 09.10.2026
Effective rate
7.8% - 8.09%
Rate
7.5%
Amount
to 27 750 000֏
Down payment
from 7.5%
Term
10 - 20 years
Available for non-residents of Armenia
No
Mortgage loan for a young family to purchase residential property on the primary market. | |
Purpose | new build |
Collateral | Acquired property appraised at market value |
Down payment | from 7.5% |
Loan term | 10 - 20 years |
Loan currency | ֏ |
Loan amount | to 27 750 000֏ |
Payment type | Annuity |
Validity period of the decision | 15 business days |
Additional terms | Clients whose total monthly net income exceeds 800 000 AMD cannot be financed Or if anyone owns another residential property (apartment, house), except when the space allocated per registered (resident) person in the given apartment/house is less than 18.0 sq. m Or if they do not intend to move permanently into the acquired apartment The acquisition cost of the property must not exceed 30 000 000 AMD, and at the same time, the appraised market value must not exceed 31 000 000 AMD |
This loan can be taken under the following programs: | State Target Program "Affordable Housing for Young Families" |
Documents required for application: Identification documents Marriage , divorce, death certificate Identification documents of family members and co-borrowers Certificate of the actual place of residence Certificate from the tax inspectorate on the availability of an individual account Other documents at the request of the bank's credit specialist |
Documents required after loan approval: Buyer Property insurance contracts and co-borrowers' accident insurance contracts Property appraisal report Other documents upon request by the bank's credit specialist. Seller Legal entity: For limited liability companies, a certificate of the company’s net assets must be requested, and for joint-stock companies, a certificate of the company’s balance sheet asset value. Unified certificate Other documents upon request by the bank's credit specialist. Individual: Unified certificate Other documents upon request by the bank's credit specialist. |
Data collected and verified by AFM.
Terms apply to the bank's head office and may differ at its branches.
Other mortgage programs at Araratbank
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Effective rate
9.52% - 10.85%
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Amount
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Down payment
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12.9% - 14.78%
Rate
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Amount
to 100 000 000֏
Down payment
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9.57% - 11.41%
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-
Amount
to 300 000$
Down payment
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12.9% - 14.78%
Rate
from 12.5%
Amount
to 150 000 000֏
Down payment
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AraratbankTransfer of mortgage loans to ARARATBANK
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12.4% - 13.53%
Rate
from 12.25%
Amount
to 150 000 000֏
Down payment
from 0%
CB of Armenia License
№4
Head office
87 Buzand St., Yerevan 0002, ArmeniaWebsite
araratbank.amOn the map (179)
Araratbank also offers:
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