Mortgage Loan for construction/renovation from Artsakhbank
Artsakhbank
Loan for construction/renovation
Relevant for 09.10.2026
Effective rate
15.66% - 20.47%
Rate
14.5% - 16%
Amount
to 50 000 000֏
Down payment
from 0%
Term
3 - 20 years
Available for non-residents of Armenia
No
Loans are provided to RA citizens or resident individuals for the renovation of apartments or privately owned houses, as well as for the construction of mansions on their own land plots in Armenia. | |
Purpose | construction, renovation |
Collateral | Acquired real estate, and if necessary, a second property as well. |
Down payment | from 0% |
Loan term | 3 - 20 years |
Loan currency | ֏ |
Loan amount | to 50 000 000֏ |
Payment type | Annuity and Differentiated |
Validity period of the decision | 5 business days |
This loan can be taken under the following programs: | Not a government program |
Documents required for application: Identification documents of the borrower, co-borrower and guarantors, and the social card number The borrower's marriage certificate, child birth certificates, divorce certificates, death certificates or a certificate from the registry office confirming the absence of marriage Documents confirming the income of the borrower, co-borrower and guarantors Certificate of registration of ownership of residential real estate to be acquired and grounds for acquisition Identification documents of the owners and co-owners of real estate, A report on the evaluation of the proposed collateral or the basis for determining its value, Certificate of guarantee with the guarantor |
Data collected and verified by AFM.
Terms apply to the bank's head office and may differ at its branches.
Other mortgage programs at Artsakhbank
Effective rate
10.8% - 14%
Rate
10% - 12%
Amount
to 5 000 000֏
Down payment
from 0%
State program
ArtsakhbankHousing for military personnel.
Effective rate
6.6% - 7.3%
Rate
11%
Amount
to 25 650 000֏
Down payment
from 10%
State program
ArtsakhbankHousing for military personnel.
Effective rate
8.41% - 9.22%
Rate
12.75%
Amount
to 25 650 000֏
Down payment
from 10%
State program
ArtsakhbankLoan for construction or renovation
Effective rate
12.85% - 17.87%
Rate
12% - 13%
Amount
to 120 000$
Down payment
from 0%
ArtsakhbankLoan for construction or renovation
Effective rate
16.81% - 21.74%
Rate
15.5% - 16%
Amount
to 50 000 000֏
Down payment
from 0%
Artsakhbank also offers:
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