Contact Mortgage, the real estate financing arm of the Contact Financial Holding, announced an increase in its mortgage finance to EGP 6m with a payment plan of up to 10 years, as part of the company’s endeavour to meet the needs of customers and provide innovative financial solutions. Contact provides mortgage finance services to individuals directly or through real estate developers, with the aim of facilitating the process of obtaining the necessary financing to purchase real estate units and financing construction and real estate development projects. Contact also offers innovative financing solutions to the mortgage financing market in the North Coast and Ain Sokhna which have been seeing great growth in recent years. Saeed Zaatar, CEO of Contact Financial Holding, indicated that this step comes within the framework of Contact’s strategy to strengthen its position in the real estate finance market, increase its market share, and enhance its ability to better meet customer needs. Zaatar stressed that Contact will continue to provide distinguished and appropriate services to the group’s clients to meet the challenges of the real estate financing market in Egypt.
