For the Bank payroll customers: a letter from the employer undertaking to process the applicant’s remuneration through HSBC Bank Armenia cjsc (in the form acceptable by the Bank).
For the Bank non-payroll customers: any official evidence and/or documentation on source/size of income, e.g. dividend certificate, lease agreement, banks statements, etc.
If the applicant is other bank customer: the applicant’s bank statements proving salary transfers for the last 12 months, an official advice on source / size of income, advice on account average balance for the last 12 months (for non-payroll customers).
Ownership Certificate (the original is kept in the Bank until full repayment of the loan), copy of basis of acquisition of residential property (e.g. inheritance certificate, sale and purchase agreement, decision, resolution, death certificate, power of attorney, etc), owners’/co-owners’ passport copies. In case of need the Bank may request to provide statement from passport agency on registered persons in the mentioned address of residential property and demand that no person is registered in the mentioned address.
Valuation report of the residential property securing the loan. Evaluation is to be conducted by an independent valuator authorized by the Bank.
A combined certificate issued by the respective department of the State Committee of the Real Estate Cadastre on restrictions in respect of the residential property (original). Provided the fact that the mentioned document expires in 15 calendar days it should be submitted after initial approval of the loan eligibility and after all other documents are ready.
Other documents that may be required during loan application process.
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