{"id":111581,"date":"2017-12-12T14:29:31","date_gmt":"2017-12-12T14:29:31","guid":{"rendered":"https:\/\/armbanks.am\/2017\/12\/12\/246988\/"},"modified":"2024-12-15T13:31:52","modified_gmt":"2024-12-15T13:31:52","slug":"vtb-bank-armenia-offers-mortgage-loans-at-better-terms","status":"publish","type":"post","link":"https:\/\/armbanks.am\/en\/2017\/12\/12\/111581\/","title":{"rendered":"VTB Bank (Armenia) offers mortgage loans at better terms"},"content":{"rendered":"<p><strong>YEREVAN, December 12. \/ARKA\/.<\/strong> Prompted by development trends at the local mortgage market and the needs of customers the VTB Bank (Armenia) has announced a new mortgage product that allows customers to but homes with only 3% down payment.<\/p>\n<p>The Russian-owned bank said in a news release that this offer applies both to the secondary market of housing and to homes bought from developers.<\/p>\n<p>The bank said it has also lowered interest rates on other types of mortgage loans up to 10.5%. The loans under the government-supported program &#8220;Housing for Young Families&#8221; are provided at the rates that begin from 4.5%.<\/p>\n<p>The amount of a single loan has been raised up to 80 million drams. It takes the bank two days to make a decision on granting mortgage loans. It also requires a minimal set of documents to consider a loan application. During the entire term of the loan, the bank insures the real estate and the borrower.<\/p>\n<p>Detailed information on the terms and rates of mortgage lending by VTB Bank (Armenia) can be obtained at the bank&#8217;s branches, at www.vtb.am, and by calling 87-87.<\/p>\n<p>VTB Bank (Armenia) CJSC is entirely owned by Russian VTB Group. The bank runs 67 branches in Armenia. ($ 1 &#8211; 484.75 drams) -0-<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Prompted by development trends at the local mortgage market and the needs of customers the VTB Bank (Armenia) has announced a new mortgage product that allows customers to but homes with only 3% down payment<\/p>\n","protected":false},"author":1,"featured_media":184588,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","tstyn_error":""},"categories":[9214,9216],"tags":[13130,12492,15826,389],"class_list":{"0":"post-111581","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-banks-en-en","8":"category-news","9":"tag-mortgage-loans","10":"tag-offer","11":"tag-vtb-bank-armenia-2","12":"tag-389"},"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/111581","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/comments?post=111581"}],"version-history":[{"count":0,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/111581\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media\/184588"}],"wp:attachment":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media?parent=111581"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/categories?post=111581"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/tags?post=111581"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}