Egypt’s Financial Regulatory Authority has authorized mortgage finance companies to jointly finance customers purchasing high-value properties. The arrangement allows multiple companies to participate in a single financing agreement, addressing constraints arising from higher property prices and the limited capital bases of some lenders. Each participating company must independently comply with the rules for financing individuals and legal entities, including solvency standards and applicable concentration limits. Residential financing is capped at 90% of the property value, or 100% for lease-based financing, while exposure to one investor, their spouse and minor children may not exceed 15% of a company’s capital base and installments may not exceed 50% of the investor’s income. For nonresidential property, financing is capped at 80% of the property value and exposure to one investor at 30% of the company’s capital base. Companies must also use the authority’s prescribed mortgage contract templates.
Egypt Financial Regulatory Authority2026-07-29
Egypt’s Financial Regulatory Authority permits joint mortgage financing under firm-level prudential limits
Egypt’s Financial Regulatory Authority has permitted multiple mortgage finance companies to jointly fund customers purchasing high-value properties. Each lender must independently meet solvency, concentration, loan-to-value and borrower affordability requirements and use the authority’s prescribed contracts.