Top 9 Mortgage Lenders in Kenya for Your Home Financing
KCB Bank: Unlocking Your Homeownership Dreams
Discover the possibilities with KCB Bank, where homeownership becomes a reality. Borrow up to KES 100 million with competitive terms, offering 90% financing for owner-occupied properties, 80% for income-generating ones, and 70% for plot purchases. Enjoy a favorable interest rate of 13.3%, making KCB a prime choice for your mortgage needs.
ABSA Bank of Kenya: Tailored Financing with Long-Term Benefits
Explore the tailored financing options at ABSA Bank of Kenya, offering up to 90% financing and a generous repayment period of up to 25 years. Secure your dream home with ABSA’s commitment to providing comprehensive mortgage solutions.
Stanbic Bank: Beyond Boundaries, Building Homes
Stanbic Bank goes above and beyond in financing your homeownership journey. Benefit from up to 105% financing for properties below Kes. 20 million and 100% financing for constructing single residential houses in the same range. Enjoy a flexible repayment period of up to 20 years, making Stanbic Bank a reliable partner in your homeownership venture.
Standard Chartered Bank: Empowering Your Homeownership Aspirations
Realize your homeownership aspirations with Standard Chartered Bank’s robust mortgage offerings. Borrow up to KES 100 million with 100% financing and an extended tenor of up to 25 years. Avail yourself of a competitive interest rate at 12.2%, ensuring your journey to homeownership is both affordable and sustainable.
NCBA: Unmatched Mortgage Solutions for Your Diverse Needs
NCBA stands out with unparalleled mortgage solutions, providing up to 105% financing based on property value or market price. Benefit from a maximum term of 25 years, with the flexibility to choose from Shillings, Dollars, Pounds, or Euros as your preferred currency.
EQUITY: Tailor-Made Financing to Suit Your Affordability
Embark on your homeownership journey with Equity, where loan amounts are tailored to your ability to pay. Enjoy a loan period of up to 180 months (15 years) and financing margin of up to 100%. Equity ensures that your path to homeownership aligns seamlessly with your financial capacity.
HF Group: Your Trusted Partner in Home Financing
HF Group extends its commitment to being your trusted partner in home financing. Avail yourself of up to 90% financing of the property value, coupled with a competitive interest rate of 13%. The maximum repayment period of 20 years ensures a sustainable and feasible homeownership experience.
Citibank Kenya: Versatile Mortgage Solutions for Your Unique Needs
Citibank Kenya offers a range of mortgage solutions, including fixed and adjustable-rate options. With an annual interest rate of 12.5%, Citibank provides versatility to match your unique homeownership requirements.
Gulf Bank: Shaping Your Homeownership Journey with Sharia’h Compliant Solutions
Experience a distinctive homeownership journey with Gulf Bank, offering financing solutions based on the Diminishing Musharaka Sharia’h Agreement. Secure your property in any major city or town with flexible financing and repayment plans spanning up to 20 years.
Bottom Line:
Always consider your budget and long-term financial goals. While a longer payment period may seem enticing, bear in mind that it might come with higher interest rates. Additionally, remember that the loan amount offered by banks excludes additional fees such as stamp duty, legal fees, negotiation fees, valuation fees, or insurance fees. Make an informed decision that aligns with your financial aspirations and sets the foundation for your homeownership success.
For businesses or individuals seeking financial partnerships in Kenya, the Muiaa Pesa platform offers a gateway to connect with a diverse array of public and private banks. Engage in meaningful conversations, outline your requirements, and explore competitive interest rates. Make an informed decision that propels your business towards sustainable success.
