Cheap Homeownership Loans Attract 440,000 Applicants

Affordable loans allocated to first-time homebuyers through the Housing Savings Account have so far attracted more than 440,000 applicants, a deputy roads minister said.
“At present, on average, 1,200 applicants daily join the list of HSA and previous depositors,” Hamed Mazaherian, deputy for housing and construction at the Ministry of Roads and Urban Development, also told HIBNA, the official news website of Bank Maskan.
Bank Maskan is the operator of HSA and the agent bank of the housing sector, which is currently experiencing a much-anticipated boom following almost six years of recession.