Dedicated mortgage arm to ensure you get the best property investment opportunities back home for residential and commercial property purchase
Benefits
- Loan financing:
- 90% for straight purchase with a repayment period of up to 20 years
- 80% for commercial/income generation with a repayment of up to 20 years.
- 70% for plot purchase with a repayment of up to 5 years
- Link to legitimate sites advertised on the group website.
- Access to a dedicated relationship manager to support sourcing and financing in country.
- Access to all other KCB banking products (e.g. overdrafts, credit cards, current, savings and investment accounts)
- Loan purpose will determine the requirements
Standard Requirements
- Proof of income
- Proof that you can meet the partial payment and other related costs e.g. Stamp duty, lawyers fee, valuation report etc.
Rates & Fees
- Competitive interest rate of 17%
- KCB charges: Appraisal Fee - 1% of loan amount and Ledger Fee payable per month.
- Regulatory charges: Legal Fees; Valuation fees; Stamp duty (4% of cost of property or value on the open market); Stamp duty on charge (0.1% of loan amount) and Insurance premium- Financed by KCB
