Finance
Easy Home Finance partners ICICI HFC to offer affordable home loans
NEW DELHI: Straightforward House Finance Ltd (EASY), a tech-based mortgage firm, has partnered ICICI House Finance Firm Ltd. (ICICI HFC) for disbursing reasonably priced dwelling loans. This partnership will leverage ICICI HFC’s experience in reasonably priced housing section and EASY’s tech capabilities to allow fast disbursement of reasonably priced dwelling loans.
Rohit Chokhani, Managing Director, Straightforward House Finance Restricted, mentioned, “In a bid to supply paperwork-efficient, cost-effective, and hassle-free dwelling loans available in the market, we’re embarking on this journey. As a typical motive of being extra customer-centric and broadening our geographical footprint, we goal at making our clients’ dwelling possession journey simpler whereas providing them highly-interactive digital experiences…”
The co-origination, underwriting and disbursement actions from each the events collectively will allow a seamless course of for brand spanking new dwelling patrons. EASY’s asset-light mannequin of neo banking mortgage and a higher attain for digital dwelling loans mixed with rural-urban join of ICICI HFC will assist clients get dwelling loans processed quicker, mentioned the agency.
Anirudh Kamani, Managing Director and CEO, ICICI House Finance, mentioned, “This partnership will assist us present reasonably priced dwelling loans quicker and a seamless dwelling shopping for expertise for our clients. We sit up for a long run relationship with Straightforward House Finance and work in direction of our widespread objective to assist Housing for All”.
Straightforward House Finance had earlier introduced a MaaS (Mortage as a Service) partnership with ESAF Financial institution because it expands as a mortgage tech firm. It has a proprietary homeownership know-how platform, ‘Fox’, which will probably be used all through all its partnerships.
The corporate had raised a Collection-A spherical from home non-public fairness Xponentia Capital, in addition to Harbourfront Japan, Finsight VC, RaSa Future Fund, Navida Capital Sweden & Integra Software program.