|Type of collateral** amd Maximum loan-to-value ratio
Real Estate (apartment, dwelling house, public space, except for production premises)
Mortgage can be the property in Yerevan establishing a maximum ratio of 60% , in Abovyan, Echmiadzin, Dilijan towns, establishing a maximum ratio of 50%, in Martuni, Goris towns to 30%, in Ijevan, Sevan, Masis, Armavir, Gyumri, Spitak, Hrazdan, Tsakhkadzor, Dilijan, Ashtarak, Artashat and Vanadzor - up to 40%.
|Requirements to the credit history of the Borrower and Guarantors
||The borrower and guarantor must not have past-due/classified liabilities (loan, line of credit, overdraft, guarantee etc.) on the day the loan application is submitted and within 24 months prior to the loan application as well as total days of past-due liabilities shall not exceed 30 days