I am living and working abroad as expat, can I get home financing?



In summary, yes. However, you will need to produce sufficient supporting evidence of your regular monthly income and stable financial health check. Usually, this service focuses Non-Resident Pakistanis (NRP) living abroad and the loan facility is supported by Pakistani banks who also operate abroad such as in the Middle East, United Kingdom and various other countries of the world. It will be helpful if you work with a multi-national firm. If you are an expat working abroad you might need to consider finding the right home financing.

Purchasing a home is a big commitment and the majority of us will need to find financing for it in order to pay for the purchase. A home loan works like regular loans as you will borrow an agreed amount that will have to be paid off over a period of time, however, the period of time can be as long as 20 to 30 years with banks such as UBL, Standard Chartered, HBL and MCB Bank etc.

These banks can provide you with the loan that you need where it will have to be paid back over a period of time. These banks all offer different products at different rates so it is important to check all options to ensure that you make the right decision that supports your position financially and that is where comparing online can really help.

To compare home loans and home financing rates in Pakistan, visit https://www.mawazna.com/compare-loans/home-loans