Get a mortgage to acquire your dream home back here in Kenya. This facility is at competitive interest rates in KES, USD, EURO, and GBP.
CURRENCIES:
KES Loans 20.5%
FCY Loan- 12 % (GBP, EUR, USD)
| Product | Financing model | Term |
|---|---|---|
| Single Residential Unit | 80% of property value Rental income is part of the repayment | 10 years (KES) 10 years (FCY) |
| Multiple residential | 80% of property value Rental income is part of the repayment | 10 years (KES) 10 years(FCY) |
| Plot purchase | 60% – 70% of property value | 5 years (KES) 5 years(FCY) |
| Equity Release | Maximum 80% of property value | 10 years (KES) 10 years(FCY) |
| Construction | 80% of the construction costs | 15 years (KES) 15 years(FCY) |
EMPLOYED
1. Full copy of Kenyan Passport/Kenya National Identity Card
2. Copy of Kenyan PIN certificate
3. Valid copy of Residence/Work Permit
4. Copy of recent Utility bill (gas, power).
5. Letter from Employer / Recent contract
6. Fill in and sign loan application forms
7. 6 months latest payslips
8. 6 months latest certified salary bank statements
9. Copy of title for the property
10. Registered specific Power of attorney (optional)
11. Sale agreement/Sale offer
ALL DOCUMENTS MUST BE CERTIFIED BY A RECOGNISED NOTARY PUBLIC OR CERTIFIED BY
AN APPOINTED BANK AGENT
ADDITIONAL DOCUMENTS FOR CONSTRUCTION
PROCESSING /CLOSING COSTS
