Housing Loans in Iran

  • Plan to Ease Home Loan Rules
    As prices of all goods and services, including apartments, are rising in Iran due to an ongoing currency crisis, the government is pondering on ways to facilitate conditions of homeownership to at...
  • Bank Maskan Mulls Offering Bigger Loans With Lower Interests
    Bank Maskan, the state-run agent bank of the housing sector, is considering the possibility of increasing the ceiling of home loans while reducing their interest rates to boost the people's...
  • Home Loans Surge by 52.8%
    Bank Maskan, the sole specialized bank in the housing sector, has recorded an annual increase of 52.8% in the volume of loans it has paid to finance related deals.  According to Hibna, the bank's...
  • HSA Growth Beats Expectations
    More than 480,000 people have opened Bank Maskan’s Housing Savings Account that offers Iran’s cheapest home loans since its inception about three years ago, the bank’s chief executive said. “Some...
  • Bank Maskan Mulls Home Loan Proposals
    Bank Maskan, the agent bank of the housing sector, is considering two proposals to sweeten a home loan offer for revitalizing the stagnant housing market and boosting demand from first-time home...
  • Q1 Housing Facilities Surge 32%
    Facilities allocated to Iran's housing sector during the first quarter of the current fiscal year to June 21 increased both in terms of volume and value, the central bank's data show. A Saturday...
  • Bank Maskan Loans Top $680m in Q1
    Bank Maskan, the agent bank of Iran's housing sector, allocated a total of 30 trillion rials ($686 million) to all applicants during the first three months of the current fiscal year ending June 21...
  • 13% of HSA Loans for Old Neighborhoods
    Mortgage loans for homes located in dilapidated parts of cities accounted for 13.2% and 13% of the total number and value of home loans, respectively, following a popular mortgage initiative by May...
  • HSA Deposits Up 70% YOY
    Down payments by applicants in Bank Maskan’s three-year-old mortgage scheme that targets first-time home buyers have increased 70% in value over the year ending June 21. “Deposits made into the...
  • Bank Maskan is the agent bank of Iran’s housing sector.
    Bank Maskan, the agent bank of Iran’s housing sector, has released its latest performance report showing that the number of loans it allocated to applicants during the first quarter of the current...
  • Need for Bigger Home Loans as Prices Soar
    The value of home loans has not increased in line with recent skyrocketing prices, drastically eroding the purchasing power of Iranians and contributing to a downturn in housing sales. "Loans...
  • 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...
  • HSA is aimed at promoting homeownership among young couples.
    The idea of tapping into the reserves of the National Development Fund of Iran to empower the country’s main initiative aimed at supporting first-time homebuyers and other housing applicants has...
  • Bank Maskan Home Loans Up
    Latest figures published by Bank Maskan, the agent bank of Iran's housing sector, indicate that in the first month of the current fiscal year (March 21-April 20), both the number and value of loans...
  • In its meeting on Tuesday, the Money and Credit Council, headed by CBI Governor Valiollah Seif, approved further cuts to interest rates levied on Housing Savings Account.
    Iran's highest financial decision-making body has approved further cuts in interest rates to make the most attractive home loans cheaper and more affordable. The entity also eased conditions for...
  • Rent-to-Own Firms Enter  Housing Sector
    Rent-to-own companies are now allowed to operate in the housing market with the interest rate...
  • Majlis Think Tank Urges Change in Housing Policy
    The Majlis Research Center says in a new report that the housing sector is not capable...
  • Housing Stimulus Package Unveiled
    A draft policy aimed at ending the extended recession in the housing industry has been released...
  • Will the New Mortgage Plan Deliver?
    The recent decision by Money and Credit Council to raise the borrowing ceiling for first-time buyers in Tehran...

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