NEW DELHI: BASIC Home Loan, a fintech start-up in home loan services signed a partnership with Breez Builders & Developers to offer home loans and complimentary consultation services to their existing and upcoming customers.
This partnership aims to cater to the aspirational needs of middle-income group customers and take them a step closer to owning their dream homes.
With a clear-cut focus on ‘Housing for All’, Breez is spruced up to provide houses that are well in the realms of a common man. They are leaving no stone unturned to set their trailblazing benchmarks in the industry to be seen and perceived as a real estate firm that focuses on the quality of construction and project timelines. As part of this strategic partnership, BASIC Home Loan will provide end-to-end loan services to customers, bridging the gap between homebuyers and builder teams.
Home loan customers have always had a difficult time choosing the right lender based on their home loan needs. This agreement will streamline the loan procurement for these customers giving them free instant and personalized quotes from 50+ lenders. In essence, BASIC offers a digital mortgage experience, which means everything from lead generation to application to sanction to disbursement can be handled through the app or website. This will ensure that the Builder’s demand for faster TAT is met by fast sanctions and disbursements of customer loans.
The partnership aims to mutually achieve two Mantras for success: Quality and Affordability. Even though the Breez Group has completed 10-12 group housing projects, new-age homes, and logistics parks, the Group strives to provide its customers with exceptional value through affordable housing. The organization’s deep-rooted mission is to provide customers with the best quality infrastructure at an affordable price.
Speaking on this partnership, Pranav, Business Head of Real Estate Partnerships, BASIC Home Loan, said “The Government is making progress toward providing low-income housing, but many sections of society still lack the financial guidance to achieve their dream of home ownership. With our mission, in line with the government’s mission of ‘housing for all in all parts of India, this partnership is a step in the right direction”.
Adding to this, Naman Jain, Vice President, Breez Group said, “We are delighted to partner with BASIC as our Home Loan Partner. Their expertise in end-to-end fulfillment and special services like processing fee waivers will help our customers in getting the right home loan product with minimal effort. With fast and seamless disbursements, we will be able to reduce our costs, which is in line with our purpose of inspiring and building better communities.”