Receiving your wage through ACBA-CREDIT AGRICOLE BANK, you will have the opportunity of getting more favorable loan conditions;
By purchasing your apartment or house through ACBA-CREDIT AGRICOLE BANK, you can make early loan repayments after the 3rd year of loan repayment without any penalties for the prepayment.
* 8.3% - 2% of subsidy
** 8.3% - 4% of subsidy
Within the framework of the Affordable Housing for Young Families program real estate mortgage loans are provided for the purchase of residential property located in Armenia.
Obtaining from a secondary market.
Loans commissions, fees and other applicable charges - Lending operations
Appropriation of collateral
PROPERTY PLEDGED AS COLLATERAL MAY BE SEIZED / APPROPRIATED IN CASE OF FAILURE BY THE BORROWER TO MAKE TIMELY REPAYMENTS OF LOAN AND INTEREST. WHERE COLLATERAL IS INSUFFICIENT TO MEET ALL RELEVANT OBLIGATIONS, RECOURSE MAY BE MADE TO OTHER PROPERTY OWNED BY THE BORROWER.
Information provided to the credit registry
IN CASE OF FAILURE BY THE BORROWER TO PAY INTEREST ON THE LOAN AND PRINCIPAL THEREOF IN ACCORDANCE WITH THE REPAYMENT SCHEDULE, INFORMATION ABOUT THE BORROWER WILL BE SUBMITTED TO THE CREDIT REGISTRY.
“BAD” CREDIT HISTORY MAY IMPAIR YOUR ABILITY TO OBTAIN LOANS / CREDITS IN THE FUTURE.