We are India's first mortgage guarantee company (incorporated in 2012) and are regulated by Reserve Bank of India (RBI) guidelines for mortgage guarantee companies.Born out of a vision for facilitating early home ownership and making housing affordable, our primary objective is risk mitigation for lending institutions by providing a backstop against credit defaults.Having partnered with over 20 lending institutions (including banks, housing finance companies, and non-banking finance companies), we have helped over 100,000 customers realise their dream of owning a home. We have issued guarantees of over ₹20,000 Crore.About Mortgage GuaranteeThe mortgage guarantee program offers a first-loss credit default guarantee to protect against losses arising due to non-repayment by borrowers toward home loans. The program also facilitates lender institutions to expand their product offerings by using risk mitigation as an effective tool. A thriving mortgage guarantee program has the following benefits:Customer:Freedom in terms of choice of lenders and interest ratesHigher eligibilityFlexible repayment termsEnabling early home ownershipLender:Tackle unexpected lossesHigher approval rates with lower associated riskCredit & geographic expansionCash-flow support at NPAEcosystem:Expand to new customer baseEnsure financial stabilityEnsure availability of finance to underserved & unserved segments of society