VTB Bank (Armenia) launches a new mortgage loan purchase program from other banks and credit organizations, which has a number of advantages.

- customers will be able to reduce the interest rate of their existing mortgage loan,

- Change the loan currency,

- increase loan term;

- As a result, customers will ease their monthly financial burden and reduce the loan repayment costs.

From now on, all customers who conscientiously serve their mortgage loans in any Armenian bank or credit organization are allowed to move their mortgage loans to the VTB Bank (Armenia), getting a new mortgage loan in the amount of loan balance, with the most favorable loan repayment terms and simplified procedures:

Mortgage loans will be purchased at VTB Bank (Armenia) under the following improved terms:

- annual interest rate from 10.9% *, loan repayment period up to 30 years, loan amount up to AMD 80 million,

- Carrying out a decision on mortgage purchasing- within 1.5 days,

- customer revenues are not analyzed.

Minimum package of documents is required for purchasing a mortgage loan at VTB Bank (Armenia).

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