Mortgage Housing for military personnel. from Fast Bank
Fast Bank
Housing for military personnel.
Relevant for 09.10.2026
Effective rate
5.67% - 9.72%
Rate
10.5% - 12.5%
Amount
to 25 650 000֏
Down payment
from 10%
Term
10 - 20 years
Available for non-residents of Armenia
No
A state mortgage program under which officers and senior officers of the RA Ministry of Defense system, contract military personnel of the non-commissioned officer corps, as well as employees of the NSS and PPS, can purchase an apartment or a residential house . | |
Purpose | new build, secondary market, house |
Collateral | Acquired real estate, if necessary, a second property as well. |
Down payment | from 10% |
Loan term | 10 - 20 years |
Loan currency | ֏ |
Loan amount | to 25 650 000֏ |
Payment type | Annuity |
Validity period of the decision | 2 banking days |
This loan can be taken under the following programs: | State Targeted Support Program "On the Acquisition of Apartments or Residential Houses or the Construction of Residential Houses by Contracted Military Officers and Senior Warrant Officers" |
Documents required for application: Preliminary valuation report of the collateral by an independent appraiser, Borrower’s and guarantor’s identity document, public service number, Marriage ,divorce, death certificate, Children’s birth certificates, Employment certificate, Information on other sources of income, Real estate ownership certificate, ownership basis, Other documents as required by the specialist |
Data collected and verified by AFM.
Terms apply to the bank's head office and may differ at its branches.
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