Mortgage Commercial mortgage loan from Evocabank
Evocabank
Commercial mortgage loan
Relevant for 09.10.2026
Effective rate
7.62% - 13.22%
Rate
7.2% - 10%
Amount
to 300 000€
Down payment
from 10%
Term
5 - 20 years
Available for non-residents of Armenia
Yes
Mortgage loan for acquiring business premises for the purpose of conducting commercial activities | |
Purpose | commercial property, renovation |
Collateral | Acquired property Additional real estate |
Down payment | from 10% |
Loan term | 5 - 20 years |
Loan currency | € |
Loan amount | to 300 000€ |
Payment type | Annuity and Differentiated |
Validity period of the decision | 2 banking days |
Additional terms | In the case of acquiring real estate, the borrower deposits a down payment at the bank, which is frozen until the loan is granted, The borrower may choose not to deposit a down payment, instead pledging additional real estate, In this case, the loan amount granted to the borrower should not exceed the appraised market value of the acquired real estate, while maintaining the 70% Loan-to-Value ratio of the appraised market values of all pledged properties. When acquiring real estate from the primary market, as proof of the down payment, the customer may present the developer's receipt for the advance payment and/or advance payment agreements/contracts |
This loan can be taken under the following programs: | Not a government program |
Documents required for application: Passport Social card Marriage certificate Children's birth certificate Salary information from the place of work in case of self–employment - a certificate of registration in the State Register Taxpayer's number An assessment report on the acquired property, a certificate of ownership of the property being sold or renovated, Grounds for the purchase of real estate for sale, documents required by the bank |
This loan is available for non-residents. |
Data collected and verified by AFM.
Terms apply to the bank's head office and may differ at its branches.
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