Mortgage Mortgage loans for the construction of a residential house from Araratbank
Araratbank
Mortgage loans for the construction of a residential house
Relevant for 09.10.2026
Effective rate
13.41% - 15.36%
Rate
from 13%
Amount
to 150 000 000֏
Down payment
from 0%
Term
5 - 25 years
Available for non-residents of Armenia
No
Mortgage loans issued in Armenian drams for the construction of residential houses. | |
Purpose | construction |
Collateral | Land acquired for construction purposes Land to be acquired and/or additional real estate appraised at market value |
Down payment | from 0% |
Loan term | 5 - 25 years |
Loan currency | ֏ |
Loan amount | to 150 000 000֏ |
Payment type | Annuity and Differentiated |
Validity period of the decision | 15 business days |
Additional terms | The loan is provided in stages, in 3 tranches |
This loan can be taken under the following programs: | Not a government program |
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: Property and/or land appraisal report 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
AraratbankMortgage loans for non-residents.
Effective rate
9.52% - 10.85%
Rate
-
Amount
to 200 000$
Down payment
from 30%
AraratbankApartment renovation
Effective rate
12.9% - 14.78%
Rate
from 13%
Amount
to 100 000 000֏
Down payment
from 0%
AraratbankPurchase of non-residential property.
Effective rate
9.57% - 11.41%
Rate
-
Amount
to 300 000$
Down payment
from 30%
AraratbankPurchase of non-residential property.
Effective rate
12.9% - 14.78%
Rate
from 12.5%
Amount
to 150 000 000֏
Down payment
from 20%
AraratbankTransfer of mortgage loans to ARARATBANK
Effective rate
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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