Housing Loans in Iran

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…

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…

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…

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.

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…

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.

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…

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…

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.

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…

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.

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.

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…

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…

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…

Rent-to-own companies are now allowed to operate in the housing market with the interest rate cap recently devised by the Central Bank of Iran, announced the chairman of Iranian National Leasing…

The Majlis Research Center says in a new report that the housing sector is not capable of acting as a driving force for the economy, saying that the apparent weakening purchasing power and large…

A draft policy aimed at ending the extended recession in the housing industry has been released, the Persian daily Donya-e-Eghtesad reported Saturday.

The recent decision by Money and Credit Council to raise the borrowing ceiling for first-time buyers in Tehran to 800 million rials ($24,000 at market exchange rate) and 600 million rials ($18,000…