Mortgage Mortgage loan for renovation or construction. from Armeconombank
Armeconombank
Mortgage loan for renovation or construction.
Relevant for 09.10.2026
Effective rate
13.15% - 14.95%
Rate
12% - 13.5%
Amount
to 60 000 000֏
Down payment
from 0%
Term
10 - 20 years
Available for non-residents of Armenia
No
Loan for the repair or construction of residential property under the cooperation with the "National Mortgage Company." | |
Purpose | construction, 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 60 000 000֏ |
Payment type | Annuity and Differentiated |
Validity period of the decision | 20 business days |
Additional terms | Mortgage is also available for energy-efficient renovation of residential real estate. |
This loan can be taken under the following programs: | Not a government program |
Documents required for application: Passport Marriage certificate Certificate from the place of work on an individual account statement for the last 12 months, Social card Constituent documents of the seller, A certificate from the seller about the apartment for sale and its cost, Preliminary assessment of real estate |
Data collected and verified by AFM.
Terms apply to the bank's head office and may differ at its branches.
Other mortgage programs at Armeconombank
ArmeconombankMortgage for the purchase.
Effective rate
12.87% - 15.76%
Rate
11.75% - 13.5%
Amount
to 60 000 000֏
Down payment
from 10%
ArmeconombankHousing for Young Families
Effective rate
3.28% - 9.98%
Rate
6.8% - 7.5%
Amount
to 27 750 000֏
Down payment
from 7.5%
State program
Effective rate
11.26% - 14.59%
Rate
10% - 11%
Amount
to 250 000€
Down payment
from 10%
Effective rate
11.83% - 16.17%
Rate
10.5% - 12%
Amount
to 250 000$
Down payment
from 10%
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