Global Credit

	Buy	Վաճ.
USD	384.00	389.00

Global Credit offers a fast, convenient, and online mortgage. You can apply for a loan through the CASHME application.

Borrower/ Co-borrower	RA citizen and resident
Loan amount	from 2 mln AMD to 6 mln AMD
Loan interest rate	12-13%
Factual interest rate	13.37%-19.67%
Interest rate for first 3 years	fixed
Loan currency	AMD
Lending term	120-240 months
Lending type	one-time
Loan security	pledge of Realty purchase, sometimes also pledge pf other property
Property purchase and/or pledge contract	trilateral agreement
Payment Frequency	monthly
Required prepayment amount	starting from 30%, in some cases from 10%
Loan amount / collateral pledged value coefficient	maximum 70%
Penalty for early repayment only for the first year	0.6% of overpayment
Penalty for overdue amount	0.13% daily
Daily penalty calculated on the overdue principal amount of the loan	double calculated annual rate of bank interest established by the Central Bank as of the contract date
Penalty for overdue interest, for every unpaid day	0.13% daily
Loan lending after receiving state registration certificate of mortgage	maximum in 3 working days
Refinancing period	180 days
Loan decision making	in 3 days after presentation of required documents
Loan formulation	in 7 days after presentation of required documents

Required documents

application for a loan
passport and social card with its copy (in 2 copies)
copy of the work book (if available)
copy of employment contract;
reference from the place of residence
referrals on income (defined reference from salaries of salaries, other
references, etc., which confirm the amount of income)
marriage / divorce certificate with copy, 2 copies (if any)
her husband's passport with copy (in 2 copies)
children's passports with their copies in the presence of children
identity documents of other owners of residential real estate with their copies, in 2 copies (if any)
reference on persons registered / registered in the given area at the moment of pledging of residential real estate (in its copy)
passports of persons registered at the residential real estate address with their copy, in 2 copies (if any)
a document certifying the ownership of residential real estate with a copy of its copy, two copies (certificate of ownership, etc.)
the copy of the basis of the acquisition of the right of ownership of residential real estate (decision, contract, etc.)
certificate from the territorial subdivision of the State Committee of the Real
Estate Cadastre for the restriction on the subject of the residential real estate (Single reference)
cost estimate of residential real estate renovation by signature of the undertaking or borrower / co-borrower

How to get a loan

LOAN BENEFITS

Realty purchase