Housing (Mortgage) Loans Available in Armenian Banks

ACBA Bank

This bank offers six different mortgage programs for the purchase of housing both in Yerevan and in the marzes. You can read more about each program separately by clicking here. 

Ameriabank 

Ameriabank offers loans for the purchase of residential real estate both on the primary market and on the secondary market.

Ararat Bank

Ararat Bank also offers several options for mortgage programs for the purchase of housing. Pay attention to the following two programs:

1. “Affordable Housing for Young Families” is a government-initiated program that aims to support young families in improving their living conditions.

2. Mortgage loans to the citizens of other countries and nonresident aliens.

Ardshinbank

Ardshinbank offers several programs for home purchase:

- Affordable apartment to a young family

- Affordable housing for civil servants

- Apartment to young journalists, doctors, teachers and sportsmen

- Purchase of apartments in a new-built and under construction buildings

Armbusinessbank

The mortgage loans provided by the bank are available here.

Armeconombank

Armeconombank offers two programs for the purchase of housing:

1. Mortgage loan (acquisition)
2. Housing for young families

ArmSwissBank

A detailed description of the programs can be found here. 

ArtsakhBank

This bank offers several options for mortgage programs, including the Affordable Housing for Young Families program.

Byblos Bank

Byblos Bank offers various mortgage programs which are available here. The bank now is also offering a Diaspora Housing Loan, which enables non-resident Armenians to get a home in the Motherland and benefit from favorable terms when purchasing their own place in Armenia. More information can be found here. 

Converse Bank

ConverseBank offers several programs, in particular: 

1. Loan "CAPITAL" for purchase of real estate
2. “Artsakh” loans 
3. Mortgage loan – Elite Group
4. Real Estate Acquisition and Renovation Loan "Almast Residence", "Elite Group" CJSC
5. Real Estate Acquisition and Renovation Loan (V. Antarayin 17/1)

Evocabank

Evocabank provides loans for the purchase, construction or renovation of apartments, houses and residential real estate, at its own expense. You can get acquainted with everything separately here. 

HSBC Bank Armenia

HSBC offers two home purchase programs: residential property purchase loan in AMD and residential property purchase loan in USD. 

ID Bank

ID Bank offers three programs for home purchase. More details can be found here.

InecoBank

Mortgage housing programs of InecoBank are available here. 

Unibank

Thanks to Unibank's full-scale mortgage products, real estate purchase becomes more affordable and easier. The bank provides mortgage loan products on favorable terms for the purchase, construction and reconstruction of residential real estate and premises both in Yerevan and in the regions of the country. Details are available here. 

VTB

Being the leading bank in the mortgage lending market in Armenia, VTB Bank (Armenia) continues to develop one of the most popular products, doubling its mortgage loan portfolio over the past few years, while simultaneously increasing the volume of mortgage lending by 7 times. The bank's mortgage product line includes loans for the purchase of existing and under construction residential real estate, as well as loans for the construction, renovation or reconstruction of houses.