THE MORTGAGE LOAN PROCEDURE HAS NOT BEEN AFFIRMED
KarabakhOpen
29-01-2008 12:54:31
The program of subsidizing mortgage loan has been extended to the
government, the head of the Artsakh Investment Fund Karen Yesayan
said in an interview with Karabakh-Open.com. He emphasized that as
soon as the program is affirmed, it will be released through the media.
According to the head of the Fund, the issue of financing has been
solved, preparations have been done.
According to the program, the NKR citizens can get a loan for
construction of houses at a 6 percent interest. According to an
agreement between the banks and the government, interest on loan will
be 12 percent, but the government will subsidize 6 percent from the
special fund.