Fasttrack Housing Finance

What Fasttrack Housing Finance does

Fasttrack Housing Finance Limited, rebranded in 2024 as ITI Housing Finance Limited, is an Indian housing finance company (HFC) incorporated in 2005 and headquartered in Mumbai, Maharashtra. The company provides secured lending products to individual retail borrowers seeking to purchase, construct, or leverage equity in residential property. Its core product portfolio comprises four offerings: Home Loans for property purchase or construction; Purchase of Land & Construction loans disbursed in phases based on construction progress; Home Equity Loans Against Property (LAP) that allow borrowers to unlock property equity; and Balance Transfer & Top-up facilities for existing borrowers seeking better terms. The company is registered as a Public Limited Company (CIN: U65993MH2005PLC158168) and operates as a regulated NBFC-HFC under the National Housing Bank framework.

The company generates revenue primarily through interest income earned on its secured loan book, profiting from the spread between its cost of funds and the interest rates charged to borrowers. Pricing is not publicly disclosed and is determined on a quote-based basis depending on applicant credit profile, loan amount, and tenure. The company serves a single customer segment — individual home buyers and property owners — with no enterprise or B2B exposure identifiable in the available data.

ITI Housing Finance distributes its products through a hybrid go-to-market model: digital self-service channels (website at itihousing.com, downloadable mobile app, online loan application, EMI calculator, and customer login portal) complemented by a physical branch network across India and a field sales force that provides doorstep consultation with loan experts. The company emphasizes quick approval processes, competitive interest rates, and personalized service as its core differentiators. As of disclosure, the company reports 9,100+ successful home loan approvals, a 99% self-reported customer satisfaction rate, 10+ trusted loan processing partners, and 1+ industry certification, with an employee base of 101–250. No funding rounds, acquisitions, parent company, or management team details are publicly disclosed in the available data.

Name

Fasttrack Housing Finance

Legal name

ITI Housing Finance Ltd

Website

https://fasttrackhfc.com

Company type

Private

Founded year

2005

Operating status

Operating

Headcount range

101–250 employees

Short description

ITI Housing Finance (formerly Fasttrack Housing Finance) is an Indian housing finance company offering home loans, land and construction loans, loan against property, and balance transfer facilities to individual retail consumers across India.

Ownership category

akta.pro rank

Product category

Housing Finance

NAICS

Nondepository Credit Intermediation (5222)

SIC

Mortgage Bankers & Loan Correspondents (6162)

akta.pro primary industry

First-Time Homebuyer (FTHB) Mortgage Origination (FSALAAAG)

akta.pro secondary industry

Home Equity Loan & HELOC Intermediation (FSAEAEAD)

Keywords

• Housing finance
• Home loans
• Loan against property
• Balance transfer loans
• Affordable housing

Headquarters

HQ city

Mumbai

HQ country

India

HQ region

Asia

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Home Loan Products: Interest income from home loans, property loans, and loan against property. Revenue generated through interest rate spreads on secured lending products including home purchase loans, land purchase and construction loans, home equity loans (LAP), and balance transfer/top-up facilities.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels4 records

Core offering

Fasttrack Housing Finance (legally ITI Housing Finance Limited) is a Mumbai-based housing finance company that provides secured retail mortgage lending products to individual borrowers across India. Its core offerings comprise Home Loans for purchase or construction of residential property, Purchase of Land & Construction loans disbursed in phases based on construction progress, Home Equity – Loan Against Property (LAP) for unlocking property equity, and Balance Transfer & Top-up facilities for existing borrowers seeking better interest rates or additional financing. The company distributes these products through a hybrid model combining digital self-service (website, EMI calculator, mobile app, customer login portal) with a physical branch network and doorstep loan expert consultations.

Product overview

ITI Housing Finance (formerly Fasttrack Housing Finance Limited) operates as a housing finance company offering a focused portfolio of four core lending products. The product suite centers on home loans for property purchase and construction, with additional offerings including loans against property (Home Equity LAP) and balance transfer/top-up facilities for existing borrowers seeking better terms. The company differentiates through quick approval processes, competitive interest rates, and personalized service delivered via digital and doorstep channels.

Differentiator

Problem solved

Functional benefit

Products and services

• Home Loan A secured loan that enables individuals to purchase or construct a residential property, typically repaid through Equated Monthly Installments (EMIs). Targeted at individual home buyers, including first-time homebuyers and those upgrading their housing.
• Purchase of Land & Construction A loan designed for individuals looking to purchase a plot of land and build a home on it, with disbursement made in phases based on construction progress. Targeted at individual self-build home buyers.
• Home Equity – LAP (Loan Against Property) A Loan Against Property (LAP) that allows borrowers to unlock the hidden value of their property and access secure financing by leveraging the equity built in their real estate. Targeted at existing property owners seeking funds against property value.
• Balance Transfer & Top-up A home loan balance transfer option that allows borrowers to transfer their existing home loan to another lender offering better interest rates and repayment terms, with an additional top-up facility. Targeted at existing home loan borrowers seeking better terms or additional financing.

Quantifiable outcome

• 9,100+ successful home loan approvals
• +1 more outcomes

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators4 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Shriram Housing Finance: Indian HFC focused on affordable housing for first-time buyers and self-employed customers. Comparable in customer segment, affordable-housing focus, and home-loan-plus-LAP product offering.
• LIC Housing Finance: One of India's largest housing finance companies, offering home loans, LAP, and balance transfer products to individuals. Directly comparable as a publicly listed HFC with a similar product suite and retail distribution model.
• Can Fin Homes: Indian HFC promoted by Canara Bank offering home loans and LAP with a strong branch-led distribution. Comparable in HFC business model, retail home-loan products, and Indian geographic focus.
• Home First Finance Company India: Indian HFC focused on affordable and mid-income housing finance with tech-enabled origination. Comparable in target segment, product set, and tech-augmented retail distribution.
• Bajaj Housing Finance: Indian HFC offering home loans, LAP, and balance transfer across salaried and self-employed segments. Comparable in retail home-loan products and branch-digital distribution, though at larger scale.
• Aavas Financiers: Affordable housing finance NBFC serving salaried and self-employed customers in Tier 2/3 Indian markets. Comparable in affordable-housing focus, customer segment, and home-loan-plus-LAP product mix.
• Aadhar Housing Finance: Indian HFC focused on affordable housing finance for lower-income and informal-income borrowers. Closely comparable in target segment, product mix (home loan + LAP), and assisted distribution approach.
• PNB Housing Finance: Publicly listed Indian HFC offering home loans, LAP, and refinance products through a hybrid branch-digital model. Comparable in product suite and retail distribution, though at larger scale.

Broad incumbents

• Tata Capital Housing Finance: Housing finance arm of Tata Capital offering home loans, LAP, and balance transfer to retail and SME customers. Comparable in product suite and Indian retail focus, with the backing of a larger financial-services parent.
• HDFC Bank (Housing Finance arm): India's largest mortgage lender through its housing finance subsidiary, offering home loans and LAP at scale with bank-level cost of funds. Comparable product set but vastly larger scale, broader distribution, and lower funding cost.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks5 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Fasttrack Housing Finance