National Mortgage Company EE Improvement Repair Loans "My Roof"
Repair your apartment or residential house through "My roof" EE Raising repair loan by National Mortgage Company.
![National Mortgage Company EE Improvement Repair Loans "My Roof"](/images-cache/loans/1/16597044184968/560x400.png)
1. |
Eligibility |
RA residents aged 18– 63 who during the loan period will not turn 63 or the loan will be shared by a co-borrower who meets these requirements. |
|
2. |
Loan currency |
AMD |
|
3. |
Loan amount |
AMD 3,000,000 – AMD 15,000,000 |
|
4. |
Loan repayment period |
60-84 months |
|
5. |
Nominal interest rate per annum |
12.5% |
|
If the borrower's life and property insurance is implemented by the Bank for the borrower (to be implemented started the second year of the loan period) |
Mentioned interest rate + 0.4% |
||
6. |
Loan-to-Income ratio /OTI/ |
45% |
|
7. |
Loan security |
A loan amount from AMD 3 mln to AMD 5 mln, without collateral: at least a surety bond of an individual (if the borrower has no bank loan secured by real property). A loan amount from AMD 3 mln to AMD 7 mln, without collateral: at least a surety bond of an individual (if the borrower has a bank loan secured by real property). A loan amount from AMD 7 mln to AMD 15 mln, the real property under renovation should serve as loan security. |
|
8. |
Prepayment penalty |
Not applicable |
|
9. |
Penalty for late payment of interest and principal amount |
For past due principal amount - 0,015 % per day, For past due interest amount - 0,1 % per day. |
|
10. |
Loan-to-Value ratio |
Up to 70% of the appraised value of the real property |
|
11. |
Loan disbursement method |
Non-cash In a lump sum or in several tranches |
|
12. |
Bank fees |
No fees will be charged |
|
13. |
Other conditions |
|
|
14. |
Insurance |
|
![](/images-cache/banners/1/16153622710205/140x300.jpg)
Online and Mobile Banking
Evocabank is a fast, simple and innovative service bank, distinguished by the active use of the latest information technologies.
Become a client