Saudi Real Estate Refinance Company (SRC)

Saudi Real Estate Refinance Company (SRC) is a Saudi Arabian financial company focused on mortgage refinancing and the development of the domestic housing-finance market. Established in 2017 and owned by the Public Investment Fund (PIF), it operates as a specialist financing institution rather than a consumer-facing mortgage bank or property developer. SRC’s core role is to provide refinancing and related liquidity to mortgage lenders. By purchasing or refinancing eligible mortgage portfolios and developing funding channels for those activities, the company aims to help lenders manage their balance sheets and sustain mortgage lending. Its work is associated with the broader development of Saudi Arabia’s housing-finance system and the expansion of access to home financing. The company’s business is principally directed at institutional counterparties, including banks and other mortgage-finance providers. Its offerings include mortgage refinancing, liquidity solutions, and capital-market funding connected to housing finance. The company has also been associated with the development of Saudi riyal-denominated sukuk and other funding instruments to support its refinancing activity. These activities place SRC between mortgage originators and capital markets, rather than in the role of a general-purpose retail lender. SRC is headquartered in Riyadh and operates in the Saudi market. Its state investment-fund ownership connects it to national economic and housing-finance development objectives. In positioning, it is a specialist wholesale refinancing platform intended to strengthen the availability and sustainability of mortgage finance. It is not the similarly named healthcare or property companies that may appear in unrelated search results.

Saudi Real Estate Refinance Company (SRC) was established in 2017 as a Public Investment Fund-owned company with a mandate centered on developing Saudi Arabia’s mortgage-refinance market. Its creation addressed a structural need in housing finance: mortgage lenders require dependable funding and liquidity to originate and maintain home loans, while a deeper refinancing market can help connect mortgage portfolios with longer-term sources of capital. SRC was designed as a specialist, wholesale-market institution. Rather than principally originating mortgages for individual homebuyers, it works with mortgage lenders and financial institutions. Its refinancing activity can give lenders additional capacity to manage mortgage assets and support continued lending. This role makes SRC part of the financial infrastructure behind home ownership and housing finance in Saudi Arabia. The company’s development has been associated with the broader expansion and modernization of the Saudi housing-finance system. Its activities include refinancing solutions and funding arrangements for mortgage portfolios, alongside work to build capital-market channels for housing finance. Sukuk and other funding instruments have been part of the company’s funding approach. These mechanisms are intended to diversify funding sources and support the availability of refinancing for lenders. SRC is based in Riyadh and serves the Saudi market. Its ownership by PIF links it to a state investment institution, while its commercial function is focused on specialist financial intermediation. It is not a retail property brand, homebuilder, or consumer mortgage lender in the conventional sense; its significance lies in its wholesale role between mortgage originators and funding markets. The company remains active. Publicly supplied evidence for this dossier did not include SRC-specific official material, so detailed dated developments, named executives, transaction amounts, and current product terms are not asserted here.

• 2017

  Company established

A PIF-owned specialist wholesale refinancing institution that supports liquidity and the development of Saudi Arabia’s mortgage-finance market.

• Mortgage refinancing

  Refinancing and liquidity solutions for institutional mortgage lenders in Saudi Arabia.

• Housing-finance funding

  Capital-market funding instruments associated with supporting mortgage refinancing, including sukuk.

• Unconfirmed

  SRC acquires residential mortgage portfolio from Banque Saudi Fransi[1]SRC从沙特法兰西银行收购住宅抵押贷款组合zawya.com

  Reported: 2026-10-07

  The Saudi Real Estate Refinance Company (SRC), a subsidiary of the Public Investment Fund (PIF), has acquired a new residential mortgage portfolio from Banque Saudi Fransi (BSF).

1. 1SRC从沙特法兰西银行收购住宅抵押贷款组合zawya.com