Yerevan /Mediamax/. “Unibank” presents a new program of mortgage crediting with improved terms.

Mediamax was informed in the press service of “Unibank” that mortgage loans are issued both in foreign currency and in AMD for purchase of real estate in the primary and secondary markets.

For loans to purchase real estate, the minimum prepayment makes 30%, the annual interest rate starts from 16%, and the loan repayment term – 12 years. The minimum prepayment to purchase territory for entrepreneurship activity also makes 30%, the annual interest rate – 18%, the repayment term – 10 years.

According to Mortgage Crediting Director of “Unibank” Tigran Gevorgyan, the bank has reconsidered crediting terms in order to increase affordability of mortgage for a larger part of the population.

Mortgage portfolio of “Unibank” exceeds 12.7bln AMD. By the end of the year, the bank intends to make its mortgage crediting portfolio reach 15bln AMD.