Loan advanced to enable one buy land in their ideal location and construct the home or property of their choice with all the internal requirements they desire.
- Competitive interest rate
- Loan financing of up to 80% value of property with a repayment of up to 10 years.
- Necessary approved regulatory requirements as building plans, structural drawings, bills of quantities, National Environment Management Authority, Profiles for architects, Quantity surveyor and Project Manager
- 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 from 15.5%
- 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