KARACHI: The State Bank of Pakistan (SBP) on Monday allowed banks to accept third-party guarantee for lending low-cost housing loans under the government’s subsidised scheme. Currently applicants are facing difficulties in obtaining housing finance, especially for low-cost housing, as banks are reluctant to take the risk of the house not being completed or documentation completion. The completion of a housing …
Read More »Third-party guarantee allowed for home loans
February 16, 2021