Housing Finance

What Is Bridge Loan in Real Estate?

What Is a Bridge Loan in Real Estate?

August 16, 2022

In real estate dealings, you may find yourself in situations where you need immediate funding to complete any transaction. This usually happens if you’re looking to buy a new home before selling your current property. To bridge the financing gap in such a scenario, investors or homebuyers use a bridge[...]

Everything you need to know about HBFC Home Loans

March 10, 2022

In Pakistan, becoming a homeowner is a dream for many. However, the country’s soaring real estate market has made it impossible for many to achieve this dream, especially for the lower- and middle-income classes. If the current trends continue, these groups would be excluded entirely from the market. To tackle[...]
Home Loans in Pakistan

Home Loans in Pakistan: All You Need to Know

January 13, 2022

The rising inflation and low-income levels have made it extremely hard for low and middle-class families to buy a house of their own. People are left with merely two options; either to live in a rental property or get a home loan. Albeit, the former option is opted by the[...]

Housing loans surge by Rs192bn

January 7, 2022

KARACHI: The housing loans handed out by banks surged by 85 per cent, and were recorded at Rs355 billion housing loans in 2021. The Rs163 billion increase was accredited to increase the housing finance on the directives of the State Bank of Pakistan (SBP) compared to a total of Rs192[...]
mortgage housing in Pakistan

Things you need to know about mortgage housing in Pakistan

December 28, 2021

Mortgage policies in Pakistan have started to improve gradually owing to the ruling government’s initiatives aimed at easing the access of Pakistanis to homeownership. The government of Pakistan has launched an ambitious push to build 5 million affordable homes under the Naya Pakistan Housing Scheme and accordingly relaxed various banking[...]
Homeowner Association

Pros and Cons of Homeowner Association

December 2, 2021

Several localities offer residents the option to join a homeowner association. These associations can be quite helpful in resolving minor community issues. However, they may come with several drawbacks that need to be considered. To understand the pros and cons of joining HOAs, you must first understand what HOAs are,[...]

Impact of State Bank of Pakistan Regulations on the Real Estate Sector

September 30, 2021

Introduction In countries where construction financing is a separate product, housing finance is not provided for under-construction projects. However, the State Bank of Pakistan (SBP) has developed guidelines to help mortgage providers provide housing finance for under-construction projects. The procedures mentioned by the SBP are extremely detailed and require many[...]
Things you need to know about home insurance

Things you need to know about home insurance

September 16, 2021

If a child, a spouse, a life partner, or a parent depends on you and your income, you need life insurance. – Suze Orman.   Buying a house is one of the most crucial decisions that you will make in your life. When you buy a home, your utmost desire[...]
Home Loan Schemes in Pakistan 2021

Home Loan Schemes in Pakistan 2022

September 14, 2021

The House financing industry in Pakistan has still a long way to go, but it is slowly gaining traction. With an increase in population and migration flow, especially in the big cities of Pakistan, demand for better housing facilities is growing. To cater to this demand, the house financing industry[...]

Housing Finance Allowed for Projects under-construction

September 6, 2021

Introduction The construction sector of Pakistan has seen a massive boost in activity after the government announced reforms and incentives for developers and contractors. However, most demand for residential real estate comes from the middle-income class group, which cannot afford to pay exorbitantly high prices of construction upfront. With a[...]