1. Mortgage loans jointly with Converse Bank and Renshin
Special privileged conditions of mortgage loans defined jointly by Converse Bank and Renshin company for acquisition of apartments and renovation of the acquired apartments in the dwelling complex under construction at 2 Sasna Tsrer Str. in Davtashen community, near the bridge.
Mortgage loans for acquisition of real estate after completion of the construction works
Loan currency: | USD, AMD, in compliance with the conditions set by National Mortgage Company RCO CJSC |
Maturity | up to 15 years |
Annual interest rate | 10.75% (CBFR1 + 4%) |
Prepayment | 20% |
Loan/collateral maximum ratio | 80% |
The rest of the conditions - according to "Noramut" loan type of the Bank |
1 CBFR - "Converse Bank" CJSC flexible rate
* Mortgage loans in AMD are provided in compliance with the conditions of the project implemented by National Mortgage Company RCO CJSC.
** If the down payment is 50% and more, then the interest rate of the loan can be reduced to Converse Bank flexible rate +3.5%, subject to approval by the Bank's authorized body. Converse Bank flexible rate is set by the Bank and posted on the Bank's official website.
Loans for renovation of dwelling real estate
Loan currency: | USD |
Maturity | up to 10 years |
Annual interest rate | 12.75% (CBFR1 + 6%) |
Prepayment | 20% |
Loan/collateral maximum ratio | 50% |
The rest of the conditions - according to "Modern" loan type of the Bank |
1 CBFR - "Converse Bank" CJSC flexible rate
The loan is disbursed at the head office and the branches.
For details please call 511 211.