Suitable for an investment groups seeking to invest in property either straight purchase or construction

Benefits

• Competitive interest rate
• Loan financing of up to 80% value of property with a repayment of up to 10 years.

Standard Requirements

• Loan purpose will determine the requirements
• Proof of contributions month on month.
• Proof of ability to meet the 20% financing and other related costs e.g. Stamp duty, lawyers fee, valuation report etc

Rates & Fees

• Competitive Interest rates
• 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