Mortgage loan

ARMSWISSBANK offers attractive and affordable terms of mortgage loans to purchase, repair or construct real estate.

We are the first to offer loan pre approval service due to which you can:

  • Before searching the real estate know the possible maximum amount of money the bank may lend you,
  • Get the loan in a short time after choosing the real estate,
  • Negotiate with the seller on the apartment price,

We offer young families to improve the apartment conditions using the available

  • "National mortgage company UCO" CJSC program or
  • “Affordable apartment to the young families” program of RCO.

 
Real estate loans to Purchase Repair Construct
Rate` 10,5%-11,5% 10,5%-11,5% 10,5%-11,5%
Fixed annual interest rate Up to 11.40%Up to 11.40%Up to 11.40%
Maximum tenor (month) 120-18060-120 120-180
Currency AMDAMD AMD

       
Real estate Purchase    
Rate 7%-7.5%(in case of purchasing real estate
in Yerevan, ministry of finance will
subsidize 2%, if in regions of RA- 4%).
   
Maximum tenor (month) 120-144   
Fixed annual interest rate Up to to 3.42%
Currency AMD   

In collaboration with French Development Agency we present the energy-efficiency program of the National Mortgage Company UCO CJSC aiming to finance the renovation of a residential real estate.

This program will give you an opportunity to:

  • Reduce the expenses of consumed energy
  • Get long-term financing with privileged period

       
Real estate Renovation    
Rate 13%    
Fixed annual interest rate Up to to 11.57%
Maximum tenor (month) 60-120   
Currency AMD    

Loans for purchasing apartments from building of Paruyr Sevak 9, RA, Yerevan,
Rate10-12%
Maximum tenor Up to 15 years
Currency USA dollar
OvjectiveLoans for purchasing apartments from building of RA, Yerevan, Paruyr Sevak 9

Details

MORTGAGE LOANS IN FIXED INTEREST RATE
Real estate loans to Purchase Repair Construct
Rate 9.5%-10.5%8.5%-10% 9.5-10.5%8.5%-10% 9.5-10.5%8.5%-10%
Fixed annual interest rate 180180120120 180180
Maximum tenor (month) Up to 10.18% Up to 9.09%Up to 10.18%Up to 9.09% Up to 10.18%Up to 9.09%
Currency USA dollarEURUSA dollar EURUSA dollarEUR

MORTGAGE LOANS IN FLOATING INTEREST RATE
Real estate loans to Purchase Repair Construct
Rate
For first 36 months 11,5-12.5%9% 7%
For 37-240 months ՀՏ1*+5,5-6,5% ՀՏ2+6.5%ՀՏ3+7%
Fixed annual interest rate Up to 12,39%Up to 9,64%Up to 7.48%
Maximum and minimum threshold maximum 4%6% and 12%4% and 10%maximum 4%6% and 12%4% and 10% maximum 4%6% and 12%4% and 10%
Maximum tenor 240240240120 120120240240240
Currency AMDUSDEURAMD USDEURAMDUSDEUR

ՀՏ1 is the Refinance Rate (Repo) set by the Central Bank of Armenia. Repo rate always publishing in web page of Central Bank of Armenia: www.cba.am:

ՀՏ2 is London’s interbank currency offered for 6 month in USD by Intercontinental Exchange Benchmark Administration Ltd, which reflected in Reuters screen on pages of LIBOR01 and LIBOR02.

ՀՏ3 is the Eurozone interbank currency offered for 6 month in EUR by European Union Banking Federation, which reflected in Reuters screen on pages of EURIBOR01

List of required documentation

The main/benchmark terms of "ARMSWISSBANK" CJSC mortgage loams

Main terms of ARMSWISSBANK’s energy efficiency loans


www.abcfinance.am

https://www.abcfinance.am/finhelper/

* The Bank does not bear any responsibility for the inaccuracy of information on the linked web sites, nor does it accept any responsibility for the advertisements therein or possible consequences arising out of use of information provided on the linked web-sites by the third parties.
* In case of discrepancies between the published Armenian and English language information, the Armenian information prevails.