India Mortgage Guarantee Corporation (IMGC) was founded with a vision to make early home ownership a real possibility through the provision of Mortgage Guarantees.
The company provides Mortgage Guarantees with the intention to mitigate risk taken by lenders, banks and housing finance companies, over time making it easier for people to get access to home loans with lower down payment amounts ( as prescribed by regulations) earlier in life than would have been possible without IMGC's involvement.
Traditionally, when buying a home (with a home loan), lenders require borrowers to put down a deposit ( down payment) of at least 20% of the Total Home Value. However, the added security of an IMGC Mortgage Guarantee promises to re-define the way Lenders and borrowers look at housing finance.
IMGC is an organisation that thrives on creating opportunities for people to enjoy a higher standard of living and better quality of life through early home ownership.
As an enabler; one that encourages and supports people to seed, nurture and grow their dreams for the future. It's goal is to be a company that maximises the capabilities of its resources to build on it's assets: it's brand, it's customers, it's financial strength, it's people and it's commitment to the community.
The company strive to provide each one of our stakeholders with new and improved opportunities and hope for a better tomorrow with stability and security.