The Pakistan Mortgage Guarantee Facility: Mortgages for the BOP

-Project status: Active
-Sectors: For-profit Activity
-Funding source: International Agency Funded
-Location of project: Pakistan | South Asia
-Project type: General Banking Activity | Financial Services Activity

Managing Organization: National Bank of Pakistan


The Pakistan Mortgage Guarantee Facility:  Mortgages for the BOP

Activity URL:
http://www.nbp.com.pk/


Affiliated Organizations: Acumen Fund, OPIC


Related URLs:
http://www.acumenfund.org/ http://www.opic.gov/


Activity Description: The Pakistan Mortgage Guarantee Facility, a $5 million credit enhancement program, enables participating commercial banks in Pakistan to extend mortgages to lower-income citizens, with no current access to home mortgage financing (over 80% of residents in Karachi earn less than $2 per day).

Investors in the program include the Acumen Fund and the Overseas Private Investment Corporation (OPIC), whose combined funding will help release mortgages from the National Bank of Pakistan.

The program is expected to officially launch in March of 2006.
Submitted by Usman Shaikh on May 15, 2006 - 17:42.

WOULD LIKE TO FIND OUT MORE INFORMATION ABOUT BANKS AND THE WAY MORTGAGES WORK IN PAKISTAN COMPAIRED TO THE MORTGAGE INDUSTRY IN THE UNITED STATES. I WOULD BE VERY GREATFUL IF YOU COULD SEND ME SOME INFO AND MAYBE SOME LINKS ON REALESTATE AND MORTGAGE IN PAKISTAN.  THANKYOU

 


Submitted by zaeed sharif on June 28, 2006 - 08:07.
how ca i get a mortgage in pakistan if i live in uk, i am however a pakistan national due to birth
Submitted by Ethan Arpi on June 28, 2006 - 08:33.
Why don't you try checking out their website: http://www.nbp.com.pk/
Submitted by Farhad Bhatti on September 9, 2006 - 03:38.
Being an Non Resident Pakistani you can avail housing financing from Internaional Housing Financing Limited Pakistan. reply to info@ihfl.com.pk and you will get the required information.
Submitted by Nauman Shami on November 14, 2006 - 05:27.
INTERNATIONAL HOUSING FINANCE LTD is financing verseas pakistanis for buying house,buying residential plots and for consturection of house. you can contect nauman@ihfl.com.pk
Submitted by nauman shami on November 25, 2006 - 03:30.
INTERNATIONAL HOUSING FINANCE LTD is financing verseas pakistanis for buying house,buying residential plots and for consturection of house. you can contect my new e-mail address nauman@ihfl.pk
Submitted by wasif asghar on December 14, 2006 - 16:28.
I am a Pakistani national living as a permanent resident in the United States along with my family. We own a 1 Kanal lot in Bahria Town, Phase 2, Islamabad and were wondering if there are opportunities to finance the construction of a house. I am looking for a financial institution which caters to this.. Can someone forward me more details on the subject Thanks Wasif Asghar
Submitted by Anonymous on February 25, 2007 - 07:58.
Need help with Mortgages or secured loans in pakistan
Submitted by mr. yaqub on April 5, 2007 - 06:22.
i want to build a house in pakistan. i already got a plot of 1 kanal. what is procedure
Submitted by Sair Ali on April 16, 2007 - 02:10.
Dear Sir/Madame, My company SAIRCO Mortgage solutions can help you get a Home loan in pakistan as we help overseas Pakistanis to get home loans in Pakistan. Please visit us at www.sairco.com or e-mail us at info@saico.com.
Submitted by Sair Ali on April 30, 2007 - 05:30.
If you own your land we can provide you with 100% financing for construction. Please visit us at www.sairco.com for details. Thank you.
Submitted by Tariq on August 5, 2007 - 16:30.
I am an overseas pakistani and looking for mortgage in pakistan. All email addresses on IHFL OR SAIRCO doesn't seem to work including the on line web submission form on Standard Chartered and National bank of pakistan. I am quite surprise that in this era pakistani banks and mortgage comapnies still lives in previous century. I will appreciate if some one can give me details which can be use. As I am visiting pakistan in last week of aug 2007, I would appreciate if I can get these details before that. Thanks

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