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Sawan Karia
Head of Broker Channel at Huspy
Sawan Karia is the Head of Broker Channel at Huspy, a UAE-based proptech startup focused on simplifying the home buying process.12 Here's an overview of his background and role:
Education and Early Career
Sawan attended London Metropolitan University from 1997 to 2001, earning a BA (Hons) degree in Financial Services.1 His career in financial services began in 2003 when he started as an Underwriter/Senior Account Manager at Enterprise Homeloans, where he worked until 2007.1
Professional Experience
Mortgage Industry Expertise:: Sawan has extensive experience in the mortgage and financial services sector, spanning over two decades. His career progression includes:
- Owner of Mortgage Administration in Harrow (2007-2011)
- Brief stint as Business Development Director at The Dynamic Zone (2011)
- Director at Home Matters Mortgage Consultants (2011-2017)
- Managing Director at Home Matters Mortgage Consultants (2017-2022)1
Current Role at Huspy:: In January 2022, Sawan joined Huspy as the Head of Broker Channel.1 In this position, he plays a crucial role in the company's mortgage operations and broker relationships.
Achievements at Huspy
Under Sawan's leadership, Huspy's mortgage unit in the UAE has achieved significant milestones:
- Processed a record-breaking AED 1 billion+ in home financing in November 2023
- This achievement is not only a record for Huspy but also for the industry, as no other financial institution in the UAE had ever achieved this volume in retail mortgages in a single month2
Industry Insights
Sawan is well-versed in the UAE's real estate and mortgage markets. He has shared valuable insights on various topics, including:
- Current mortgage rates and their competitiveness compared to global markets
- The impact of interest rate changes on the UAE real estate market
- Factors affecting mortgage products and how to evaluate them beyond just the interest rate2
Sawan Karia's expertise and leadership have contributed significantly to Huspy's growth and success in the UAE's competitive mortgage and real estate landscape.3