Kenya
Home Loan
Invest in something concrete and move in to your own home with our 105% mortgage financing.
Up to 25 Yrs
Loan Tenure
Up to 105%
Mortgage
1M
Minimum Loan
Some of the benefits
105% Mortgage financing
Our 105% Mortgage Financing solution just made homeownership easier. It caters for 100% sale price plus the closing cost i.e. Stamp Duty 4% and Part of Legal Fees 1%
Property Owner Loan
Because you own a property, you are sitting on a valuable asset. With a Property Owner Loan, you can turn this valuable asset into money that can work for you
Vacant Land Financing
This solution allows you to purchase residential plots within major towns in Kenya
Construction Financing
We can now help you build the home of your dreams with up to 100% construction financing
What you get
- Loan tenure – up to 25 years (300 months)
- Debt to income ratio – should not exceed 50% of net salary
- Minimum loan amount – Kes. 1M
- Minimum property value – Kes. 1M
- Free cover limit for loan amount Kes. 40M and below
- Interest rate is pegged to Stanbic Bank Prime Rate local currency
- Flexible repayment terms
- The bank will finance the Deposit, Stamp Duty and Legal Fees required to own the property
- Embedded insurance in the loan repayments to cater for mortgage protection, retrenchment and house insurance
- Competitive interest rates
- Access to all other Stanbic Bank solutions and products (e.g. overdrafts, credit cards, current accounts, savings account, mobile and internet banking)
- Legal fees are paid to bank appointed lawyer
- Valuation is done by bank approved valuers
- Available both to salaried and self-employed customers. Loans available both in local and foreign currency
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What you get
- Loan tenure – up to 25 years (300 months)
- Debt to income ratio – should not exceed 50% of net salary
- Minimum loan amount – Kes. 1M
- Minimum property value – Kes. 1M
- Free cover limit for loan amount Kes. 40M and below
- Interest rate is pegged to Stanbic Bank Prime Rate local currency
- Flexible repayment terms
- The bank will finance the Deposit, Stamp Duty and Legal Fees required to own the property
- Embedded insurance in the loan repayments to cater for mortgage protection, retrenchment and house insurance
- Competitive interest rates
- Access to all other Stanbic Bank solutions and products (e.g. overdrafts, credit cards, current accounts, savings account, mobile and internet banking)
- Legal fees are paid to bank appointed lawyer
- Valuation is done by bank approved valuers
- Available both to salaried and self-employed customers. Loans available both in local and foreign currency