Mortgage Loans in the «ARARAT PARK» Residential Complex
Your new home in the heart of Ejmiatsin
The residential complex «ARARAT PARK», located at 1 Karchikyan St., Ejmiatsin, is designed for those who appreciate comfort, modern architecture, and high quality of life.
The complex combines modern construction solutions, a well-maintained environment, and a peaceful family life, providing ideal conditions for both young families and those looking to invest in real estate.
The interest rate on mortgage loans can be reduced by 0.5% if the borrower has received their salary via a bank-issued plastic card for at least the last 3 months. If the borrower starts receiving their salary via the card after the mortgage loan is issued, the reduction in the interest rate is made upon the borrower's request.
The loan is provided at the bank's branches that conduct full financial operations.
The borrower must be a citizen and resident of Armenia, aged 22 or older, and their age at the end of the loan term must not exceed 70 years.
The purpose of the loan is to purchase an apartment, and the currency is Armenian dram. The minimum loan amount is 8,000,000 AMD, and the maximum amount is 100,000,000 AMD.
The minimum down payment is 10%. The loan term is 120-300 months, with an annual nominal interest rate ranging from 12.76% to 14.02%:
