PMHC (Palestine Mortgage and Housing Corporation) aims mainly at contributing to solving the housing shortage problem in Palestine by providing long-term funding that enables citizens to borrow for periods up to 25 years. For this purpose, the Palestine Mortgage and Housing Corporation was established in 1997 by an initiative from the Palestinian National Authority and a number of leading Palestinian and International economic institutions, such as Massar International. In 2019, Massar International for Investments Company reached a 99.9% of ownership in PMHC with the intention to improve its performance and increase its potential. PMHC is considered to be one of the first mortgage companies that specialize in financing the housing sector in the area. It provides loans refinancing and default insurance services by its two main subsidiaries: Palestine Housing Finance Corporation (PHFC), and Palestine Mortgage Insurance Fund (PMIF).
Palestine Mortgage Housing Corporation (PMHC) refinances mortgage loans that are financed by partner banks through its primary subsidiary called Palestine Housing Finance Corporation (PHFC), in addition to the refinancing of mortgage loans, PHFC provides long-term financing for the purpose of finishing of residential units. Insurance Services against mortgage credit risk provided through PMHC other subsidiary, Palestine Mortgage Insurance Fund (PMIF), which aims mainly to provide insurance to banks against the default risk of the borrower, which mainly help in reducing credit risks for lending institutions, and that would encourage them to finance the housing sector. Palestine Mortgage Insurance Fund (PMIF) provides insurance coverage of up to 70% of the realized net loss, after the final settlement of the property by public auction. PMHC has contributed to strengthening the Palestinian economy by opening new windows of opportunities for a large number of Palestinians that have not had the opportunity to own homes in the past.

www.pmhc.com