A 50% increase in housing loans is expected by Central Bank – Tejaratnews

According to Tejarat News, Fazelian said: We have proposed a 50% increase in the housing loan limit, which will be notified from the Central Bank if the permits are obtained.

On the sidelines of the opening ceremony of the 235-unit Nagin Dolat Abad project, Seyed Mohsen Fazlian, a member of the Board of Directors of Housing Bank, said about the possibility of increasing the amount of housing loans next year: Housing Bank does not have a limit to increase the facility limit, but in paying housing loans, it must be based on the income of the community. Target also noticed.

He added: Inflation in the housing sector has caused the mortgage to cover a small part of the price of the house, but still, the bank should pay attention to two issues of balance sheet health, the possibility of repaying the facility.

Fazelian pointed out: However, we proposed a 50% increase in the housing loan ceiling, which will be notified from the Central Bank if the permits are obtained.

He added: Currently, the mortgage loan installments are based on the financing rate of about 7 million tomans per month, and if a 50% increase is agreed, it will have an impact on the amount of installments for the next year.