First Mortgage Company


Here for you real estate investment needs.
Your real partner to build your future
How to apply?
We developed on line application forms for your convenience.
We developed on line application forms for your convenience. Please fill in the application form and submit it on line or send it via registered mail. You will be contacted by loan officer within 24 hours. Your can certainly submit you application in person at our offices at Armenia Marriott Hotel, Mezzanine floor. Please ask doorman or bell man for further direction in the hotel. If you have any questions or should you require additional clarifications please call us at 010 531007 or 010 599900 and our loan officer will be happy to address your questions.
Collection of documents
We minimized the number of documents that you will have to collect for processing of your loan application.
We minimized the number of documents that you will have to collect for processing of your loan application. Our loan officer will counsel you on required documents that you need to collect. Please note that the accuracy of the documents submitted to us is extremely important for approving your loan by the Credit Committee.

Insurance



  • You will be requested to purchase a comprehensive property and personal accident/life insurance coverage for the entire life of your mortgage loan. Our loan officer will assist you to fill in the insurance application forms. We work with insurance leaders in the market which would offer you the best insurance rates for your property.

    The First Mortgage will be named as the prime beneficiary on all insurance policies.

    The cost of each insurance coverage is determined considering:

    For Life/Personal Accident Insurance

    • Your age
    • Your gender
    • The size of the loan

    For Property Insurance

    • The appraised value of your property
    • The size of the loan

    All insurance policies are issued for one year and are renewed annually for the entire life of the loan. The insurance company will reimburse the outstanding premium in case the loan is pre-paid in advance of the loan schedule.

    The fee for the property insurance is estimated by the insurance company considering the size, the value of the property and the size of the loan. The life or/and personal accident insurance fee is estimated based on the age and gender of the insured.