KARACHI: JS Bank has partnered with Home Matters, one of the UAE’s top mortgage brokers, to provide easy and convenient home financing solutions to Non-Resident Pakistanis (NRPs) at flexible markup rates, a press release said on Wednesday.
Home Matters will provide an end-to-end mortgage brokerage service exclusively for JS Bank.
The agreement was signed on Wednesday by Fahad Siddiqui, Head of Secured Lending JS Bank, and Sawan Karia, Managing Director, Home Matters Mortgage Consultants.
Speaking at the occasion, Fahad Siddiqui, said, “As the largest conventional home loan providing bank in Pakistan, JS Bank is proud to partner with an industry leader like Home Matters to service our valued customers living abroad. This strategic partnership will serve as an end-to-end solution for NRP clients living in the UAE for both searching for the right property and selecting the right financing solutions in Pakistan.”
Fahad Siddiqui, Head of Secured Lending JS Bank (L) and Sawan Karia, Managing Director, Home Matters Mortgage Consultants (R) pictured after signing an agreement in Dubai on October 7, 2021. (JS Bank)
Sawan Karia said, “This exclusive partnership represents a historic milestone, enabling Home Matters to remotely service Non-resident Pakistani clients for a property purchase in Pakistan through a mortgage with JS Bank. As a pioneer in its field, JS Bank is the first to offer mortgages to NRPs living in the UAE. Pakistanis represent the second-largest ex-pat population, and It is a privilege for Home Matters to be servicing their mortgage needs.”
JS Bank has taken this step to make housing finance in Pakistan more accessible to NRPs through innovative product solutions, enabling homeownership to become an achievable reality, the bank said.
JS Bank is among the fastest-growing Bbanks in Pakistan, with both domestic and an international presence.
Home Matters consultants are market leaders in providing independent mortgage and property transaction consultation in United Arab Emirates.
