The First Mortgage Company is the first private residential mortgage finance company in Armenia established in 2004. The First Mortgage is registered, licensed and regulated by the Central Bank of Armenia as universal credit organization.
The Company Name: First Mortgage
Company Profile: The First Mortgage (FMC) is the first private residential mortgage finance company in Armenia which is licensed and regulated by the Central Bank of Armenia. Since the establishment in 2004, FMC’s mortgage lending programs have been successfully running in Armenia.
Company Mission: Develop Armenia’s housing market through Investing in Communities of Armenia.
Company Goal: Render high quality lending services to satisfy customer’s constantly changing needs and to fulfill people’s dream of buying a new home.
FMC Partners: FMC is engaged in partnership and cooperation with reputable international organizations and financial institutions that implement housing development and housing finance programs in Armenia.
National Mortgage Company (NMC): FMC was selected as a Partner Financial Institution to participate in a mortgage refinance program funded by NMC. The FMC is a leading mortgage lender in this project.
OPIC: The Overseas Private Investment Corporation, an agency of the US Government, has started direct disbursement of multi million loan facility to FMC. The FMC will originate mortgage loans to middle and upper-middle income families under this facility. This is the first project of OPIC in Armenia’s emerging financial market.
HOME FOR YOUTH(HFY):The mission of Home for Youth is to provide favorable loan conditions for Armenian citizens especially for young people and young couples.
The FMC is the leading mortgage lender in the regions of Armenia which offers mortgages specifically designed for the bordering villages of Armenia. Families in these communities previously had no access to any mortgage credit.
V. Sargsyan 10, Office 122,
Yerevan, Republic of Armenia
Tel. (+37410) 518181, (+374 10) 518989
Fax. (+374 1) 561202
Working hours from 9.30-18.30 from Monday to Friday.