Internal Resources Mortgage Loans with Fixed Terms

Mortgage Loans in USD

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Main Conditions Terms & Conditions Additional Documents

Loan Currency

Loan Amount

for the purpose of acquisition and construction

USD 3 000 - 150 000

construction purposes

USD 3000 - 55 000

fixed

Annual nominal interest rate

acquition of the property 9.0% - 11.50%
construction of the property 9.5% -12.0%

Annual percentage rate

10.04-20.85%

Loan maturity period

acquisition purposes

minimum 36 months

maximum 120 months

construction purposes

minimum 24 months

maximum 84 months

Pledge

maximum LTV ratio for the acquired property is 70%
maximum LTV ratio for the renovatede property is 50%

Prepayment amount

at least 30%, or 0%, if along with the acquired property another property is pledged

Amounts payable for lending to the Bank

1. Account opening fee
According to the tariff plan of the relevant bank account

2․Cash withdrawal commission in case of AMD loans:

Withdrawal fee՝ 0%
Loan amount։ in case of acquistion` 0%

In case of USD loans:

Prepayment amount: 0%
Loan amount: 3%

3․ Account service additional one-off fee (is charged at the time of loan disbursement)

0.5% of the loan amount, but not less than AMD 60 000

Loan withdrawal fee

in case acquisition 0%
in case of renovation or construction, the fee is based on the relevant bank account terms

Insurance

Property insurance is required if:

LVR ratio exceeds 60%, or
loan amount exceeds USD 20 000

Property is insured in the amount equal to the loan amount.

Life insurance may be required in the amount equal to the loan amount.

Guarantees

A guarantee of a family member, physical or legal entity may be required

non -cash

monthly principal is repaid in equal installments
monthly equal repayments (annuity)

Repayment of overdue liabilities

For each delayed day, a 0.13%

penalty is applied on the overdue amount.

Early repayment fee

Early repayment fee may be applied based on the RA Law "On Housing Mortgage Loans"

Deadline of making the loan provision decision and notifying the customer

2-5 business days

Loan provision duration

7-10 business days

ATTENTION:
Loan interest rate is calculated based on the nominal interest rate, whereas the annual percentage rate indicates how much the loan would cost in case of repayment of interest amount and other payments under the defined timeline and terms. For more information please refer to the "Annual Interest Rate Calculation Guide".

Annual percentage rate calculation example

Loan amount: 4 890 000 (equal to USD 10 000)

Maturity period: 96 months

Annual interest rate: 11%

Account service additional one-off fee: AMD 60 000

Property assessment fee: AMD 15 000

Unified certificate from cadastre: AMD 10 000

Pledge agreement notary ratification fee: AMD 25 000

Pledge rights registration fee: AMD 26 000

Annual percentage rate: 12.49%

The essence of credit history and credit score and the ways to improve them

Credit history

Credit history is the information on the obligations undertaken by the Customer. Credit history may have impact on credit decision-making and includes information aged at least 5 years.

Credit history includes:

information on the amount of obligations assumed by the customer, the annual interest, the balance of obligations, the property pledged for them.
history of payments for obligations assumed by the customer, including delays in payments from the established schedule.
Guarantees given to other persons
Information on obligations of related parties of the customer

The customer is entitled to get informed about his/her credit history by performing the actions indicated on the websites https://www.abcfinance.am , Frequently sked questions or www.acra.am

When identifying errors and shortcomings in the credit history, the customers can inform the credit bureau to clarify and correct them or they can directly contact the financial institution that has submitted the information to the credit bureau.

Credit score

A credit score is the creditworthness assessment formed on the basis of information collected on the customer's obligations, which indicates the risk of loan recovery by the specified customer in a certain period of time.

The Bank uses its own scoring system to assess the creditworthiness of customers in the field of retail lending.

The score calculation is based on the following groups of factors:

Credit history of the customer (delays in payments decrease the score)
Information on the customer's employment and income (the latter’s absence decreases the score)
Other social and behavioral factors of the customer (have both positive and negative impact on the score, depending on the type of factor and on how they are expressed)

Ways to improve the credit history and score

To improve their credit history and score, customers should do the following:

make payments for their assumed obligations according to the schedule
avoid credit overload and unsubstantiated new credit applications
avoid providing guarantees to unreliable third parties.

Updated as of 15.07.2026 12:27