Mortgage National Mortgage Company from Byblos Bank Armenia
Byblos Bank Armenia
National Mortgage Company
Relevant for 09.10.2026
Effective rate
13.47% - 16.39%
Rate
12.5% - 15%
Amount
to 60 000 000֏
Down payment
from 10%
Term
10 - 20 years
Available for non-residents of Armenia
No
Purchase of an apartment through a mortgage loan financed by the National Mortgage Company. | |
Purpose | new build, secondary market |
Collateral | Acquired real estate, and if necessary, also a second property |
Down payment | from 10% |
Loan term | 10 - 20 years |
Loan currency | ֏ |
Loan amount | to 60 000 000֏ |
Payment type | Annuity |
Validity period of the decision | 3 banking days |
Additional terms | The mortgage loan financing constitutes up to 70% of the appraised value or purchase price (whichever is lower) of the ready-to-move-in apartment or house. If there is mortgage liability insurance covering 30% of the value of the acquired residential house or apartment and the difference of the down payment made by the borrower (of 10% or more), the financing can go up to 90%. |
This loan can be taken under the following programs: | Not a government program |
Documents required for application: A valid passport or identity card, Income data, Salary certificate provided by the employer, Income declarations for the last 2 years, The unified certificate of the State Cadastre of Real Estate of the Republic of Armenia, the validity period of which at the time of notarization of the contract should not exceed 15 working days, A certificate of ownership issued by the State Cadastre of the Republic of Armenia confirming the ownership of the seller, containing a description of the property and a drawing, Assessment report, Additional documents may be required. |
Data collected and verified by AFM.
Terms apply to the bank's head office and may differ at its branches.
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CB of Armenia License
№72
Phone
Head office
18/3 King Pap St., Yerevan 0002, ArmeniaWebsite
byblosbankarmenia.amOn the map (9)
Byblos Bank Armenia also offers:
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