Mortgage Acquisition, renovation, or construction of residential property. from Converse Bank
Converse Bank
Acquisition, renovation, or construction of residential property.
Relevant for 09.10.2026
Effective rate
7.83% - 24%
Rate
7.5% - 14.1%
Amount
from 5 000€
Down payment
from 10%
Term
2 - 20 years
Available for non-residents of Armenia
Yes
The loan is provided for the acquisition, renovation, and construction of residential property. | |
Purpose | new build, secondary market, construction, house, renovation |
Collateral | Acquired real estate, and if necessary, a second property as well. |
Down payment | from 10% |
Loan term | 2 - 20 years |
Loan currency | € |
Loan amount | from 5 000€ |
Payment type | Annuity and Differentiated |
Validity period of the decision | 7 business days |
Additional terms | The main service package offered to borrowers during the entire loan servicing period: Annual service fee for Visa Classic or Mastercard Standard card: 0 AMD, Annual service fee for Converse Mobile application: 0 AMD |
This loan can be taken under the following programs: | Not a government program |
Documents required for application: Identification documents of the borrower, co-borrowers and family members, Marriage, divorce, birth and death certificates, if applicable, Certificate from the place of work, Documents confirming secondary income, Certificate of ownership of the acquired property, Documents confirming the identity of the property owners and the grounds for the acquisition, Other documents at the request of the bank |
This loan is available for non-residents. | |
Conditions for non-residents. | Individuals who are not considered residents of the Republic of Armenia will receive a loan in foreign currency. |
Data collected and verified by AFM.
Terms apply to the bank's head office and may differ at its branches.
Other mortgage programs at Converse Bank
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Amount
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Down payment
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