Customers of “Unibank” will be able to receive mortgage credits without pre-pay

31.03.2008 | 16:07 Home / News / News /

Yerevan /Mediamax/. “Unibank” announced today the launch of a new program of mortgage crediting, within the framework of which the borrowers ##will be able to receive a mortgage credit without pre-pay.

As Mediamax was told in the press service of “Unibank’, this credit tool will be applied for purchasing dwellings in apartment buildings of Yerevan, and instead of the pre-pay the banks will register an additional pawn – real estate in the capital, belonging to the borrower or the members of his/her family.

The market cost of the additional pawn should be starting from 40% of the sum of the credit, the interest rate – 17% annually, the repayment term – up to 10 years, and the maximum sum of the credit – 60mln drams.

According to the leadership of “Unibank”, with the implementation of the given product, the mortgage credits will become available for wider layers of the population.

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