About Refinancing

Refinancing is when a new financing contract replaces the existing one with better terms. These include more flexible rates and tenor. Take advantage of low LTFR rates offered by SRC’s partners to refinance your existing loan. This can help to decrease your monthly payments with a or you can pay off a loan sooner.

Real Estate Finance Originators

SRC is an integral part of the Vision 2030 housing programme that aims to increase home ownership rates in the Kingdom to 70%.

As part of Vision 2030, SRC offers balance sheet solutions to lenders. These solutions enable lenders such as banks and real estate finance companies to expand their home financing business without taking on additional risk or compromising liquidity.

We have a broad range of solutions including short and long-term liquidity, hedging tools, capital relief, portfolio concentration management. Our goal is to provide lenders custom-made solutions that can significantly drive growth in their business.

Whether a bank or a real estate finance company, we would like to support your growth as your partner in the broader national strategic vision and the home financing ecosystem in the Kingdom.

A principle aim of SRC is to create a robust secondary home financing market, where home financing portfolios and servicing rights are bought from lenders (the mortgage originators) and sold to investors.

With a world-class management team following international best practice, SRC is uniquely positioned to become the partner of choice for lenders.

Benefits of partnering with SRC

Liquidity –

As lenders continue to grow their businesses, we ensure that our partners have much needed liquidity solutions in the form of short and long term financing solutions and capital relief.

Risk Management –

Given prudent regulations put in place by SAMA, lenders are required to maintain certain ratios for smooth functioning. SRC’s hedging tools and portfolio concentration management solutions can play a vital role in ensuring your business continues to grow.

Employee retention –

The need for attracting high caliber Saudi nationals is an important part of significantly contributing to the Vision 2030. SRC’s Corporate programme offers solutions that companies can use to provide home financing to employees at the best possible rates.