Mortgage Renovation loan from Ardshinbank
Ardshinbank
Renovation loan
Relevant for 09.10.2026
Effective rate
12.9% - 16.06%
Rate
12.7% - 14.5%
Amount
to 100 000 000֏
Down payment
from 0%
Term
10 - 20 years
Available for non-residents of Armenia
No
The loan is intended for the repair, improvement, and reconstruction of residential property. | |
Purpose | renovation |
Collateral | Acquired real estate, if necessary, a second property as well. |
Down payment | from 0% |
Loan term | 10 - 20 years |
Loan currency | ֏ |
Loan amount | to 100 000 000֏ |
Payment type | Annuity |
Validity period of the decision | 7 calendar days |
Additional terms | The loan is provided in two stages: 1st stage – 80% of the amount specified in the repair/reconstruction estimate. 2nd stage – 20% of the amount upon submission of the repair/reconstruction estimate. |
This loan can be taken under the following programs: | Not a government program |
Documents required for application: Identification documents of the borrower, the borrower's spouse, the co-borrower and the co-borrower's spouse, Marriage certificate Birth certificates of children, Energy passport of an object under construction when purchasing real estate on the primary market, The legal package of a non-cooperating developer, Schedule of construction works, Data on the employment of the borrower and co-borrower, Statements from the individual account of the borrower and co-borrower for the last year, issued by the tax authority, Statements from the borrower's spouse's individual account for the last year. |
Data collected and verified by AFM.
Terms apply to the bank's head office and may differ at its branches.
Other mortgage programs at Ardshinbank
ArdshinbankSimplified loan for repairs
Effective rate
13.8% - 15.6%
Rate
12.5% - 13%
Amount
to 40 000 000֏
Down payment
from 0%
Effective rate
18.2% - 19.1%
Rate
13.2%
Amount
to 5 000 000֏
Down payment
from 0%
ArdshinbankRefinancing of mortgage loans
Effective rate
12.4% - 14.1%
Rate
12.7% - 13.2%
Amount
to 200 000 000֏
Down payment
from 0%
ArdshinbankConstruction loan
Effective rate
12.3% - 15.7%
Rate
12.7% - 13.2%
Amount
to 200 000 000֏
Down payment
from 0%
Ardshinbank also offers:
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