The aim of housing finance is to give the funds to people who wants to buy houses or corporations who wants to carry out big residential projects(ALP and YILMAZ 2000). With the help of a good financial system, it is to be made easier to buy houses, to increase supply to houses and to be made advanced residences by transferring funds from the overbalanced sections to the deficient sections. For this, there must be a balanced relationship between government, financial foundations, house producers, insurance companies and households. In this paper, housing finance, its resources and alternatives have been examined. Also Turkish housing finance system and its issues have been hold on. Finally, solutions of these problems have been proposed. The aim of housing finance is to give the funds to people who wants to buy houses or corporations who wants to carry out big residential projects (ALP and YILMAZ 2000). With the help of a good financial system, it is to be made easier to buy houses, to increase supply to houses and to be made advanced residences by transferring funds from the overbalanced sections to the deficient sections. For this, there must be a balanced relationship between government, financial foundations, house producers, insurance companies and households. Mortgage is the most developed housing finance system. Economical conditions and its needing have been oriented to supply of various mortgage credits to market. There is not a sufficient housing finance system in developing countries. Housing finance is mostly provided by household income and house cooperatives. In developing countries, the problems in housing finance. The Constitution of Turkish Republic stated that The State, takes measurement to provide housing requirements, with an aspect of protecting specialities of cities and environmental circumstances. Also state supports cooperative apartment house investments. According to this statement, in Turkey, the right of house acquiring is seen as a social and economic right.