Mortgage Finance in Egypt
Since the launching of the Egyptian mortgage finance law in 2001, mortgage finance has proven to be a growing and promising sector in the Egyptian market. Mortgage finance deals with the issue of housing finance providing financial facilities that last up to 30 years.
With no need for a warranty except the house itself, mortgage finance provides the benefits of buying a house in cash anywhere in Egypt, with an affordable monthly payment close to the value of the new Egyptian renting system, and finally transferring the ownership to the buyer after the whole payment are made.
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