VTB Bank (Armenia) offers to purchase real estate on the new improved conditions for mortgage lending under the program “Housing for the Young”. Now it is much easier and more profitable to buy an apartment in Yerevan and in the regions:

- The size of the minimum prepayment is reduced to 7.5%.
- The requirement for the age of each spouse has been removed and there is only a limit on the total age of the spouses - 70 years.
- The maximum loan amount is AMD 22,500,000, which is 5 million more than in the past, and when purchasing an apartment in a new building, the maximum loan amount is AMD 27,750,000.

VTB Bank (Armenia) offers mortgage loans to “young families” on the following terms:
• The possibility of acquiring an apartment from both the primary and secondary markets.
• Loan term up to 30 years.
• Nominal interest rate *
- when purchasing an apartment in Yerevan - from 5.5%
- when buying an apartment in the regions - from 3.5%
- when purchasing an apartment from a new building - 7.5%

VTB Bank (Armenia) in every way helps to improve the well-being of young families and works on the development and improvement of mortgage lending in Armenia.

Detailed information on the terms of the “Housing for the Young” program can be found in the branches of VTB Bank (Armenia), on the official website www.vtb.am and in the Bank's Contact Center at 87-87.

* Effective rate starting from 6% per annum.

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