Mortgage Residential mortgage loan from Evocabank
Evocabank
Residential mortgage loan
Relevant for 09.10.2026
Effective rate
15.2% - 18.7%
Rate
14% - 17%
Amount
to 80 000 000֏
Down payment
from 0%
Term
5 - 20 years
Available for non-residents of Armenia
No
Mortgage loan provided from the bank's own funds for the purchase, construction, or renovation of an apartment, house, or residential building. | |
Purpose | new build, secondary market, construction, house, renovation |
Collateral | Acquired property Additional real estate |
Down payment | from 0% |
Loan term | 5 - 20 years |
Loan currency | ֏ |
Loan amount | to 80 000 000֏ |
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 |
Data collected and verified by AFM.
Terms apply to the bank's head office and may differ at its branches.
Other mortgage programs at Evocabank
EvocabankHouse construction in border areas.
Effective rate
13.8% - 14%
Rate
13%
Amount
to 21 000 000֏
Down payment
from 0%
State program
Effective rate
13%
Rate
13%
Amount
to 8 000 000֏
Down payment
from 0%
Effective rate
0% - 13%
Rate
10% - 13%
Amount
to 45 000 000֏
Down payment
from 1%
State program
Effective rate
11.9% - 14.15%
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11% - 12.75%
Amount
to 25 650 000֏
Down payment
from 10%
State program
Effective rate
7.45% - 8.33%
Rate
6.9% - 7.9%
Amount
to 27 000 000֏
Down payment
from 10%
State program
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