• What is the credit limit of a property-secured loan?

  The credit limit of a property-secured loan is a limit established on the basis of liquidity and creditworthiness of real estate under which you can get a loan, credit line and overdraft without further investigation.

  3 reasons for choosing this product

  REASON # 1 – it's fast

  If you are not sure how much money you need at the moment, you do not have to worry about going to a new credit process for getting a new loan.

  Having a pre-approved credit limit, you have the opportunity to get the amount you need in a short time by applying to the Bank at any time.

  REASON # 2 - Profitable

  Make notarial and cadastre payments only once - when approving the limit, then you can use your limit at any time without any additional charges.

  REASON # 3 - comfortable

  If you do not have the time or opportunity to submit the documents required for a loan at the given moment, this loan will give you that opportunity.

  The limit can be provided without a creditworthiness assessment of up to 30% of the pledged property's value, and in case of creditworthiness, up to 70%.

  Choose the most suitable conditions for you.

  In case of creditworthiness assessment, the maximum credit limit is AMD 50,000,000 or equivalent, with a credit limit / collateral maximum ratio,

  For real estate located in Yerevan, 70% of the property's liquidation value,

  For real estate located in other areas acceptable to the Bank, 60% of the liquidation cost of the property

  In case of creditworthiness assessment, the maximum credit limit is AMD 20,000,000 or equivalent foreign currency, the maximum loan margin /pledge ratio,

  For real estate located in Yerevan, 30% of the property's liquidation value.

  For real estate located in other areas of Armenia, acceptable to the Bank, 20% of the property's liquidation value.

  For more details, go to https://goo.gl/iXcsrk

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