Kenya

Equity Release

Property owner loan

This solution allows you to borrow against your property i.e. home or land

Some of the benefits

Property Owner Loan

This solution allows you to borrow against your property

Loan Options

We offer you various Homeloan options from buying complete property to purchasing vacant land for construction. We also have a solution that allows you to borrow against your existing property

Flexibility

Pay your mortgage on terms that work for you

Insurance

Get embedded insurance on your homeloan that caters for mortgage protection, retrenchment and home insurance
What you get
  • Up to 80% financing of open Market Value
  • The property has to be in the applicant’s name and free from any encumbrances
  • Loan tenure – up to 20 years 
  • Debt to income ratio – should not exceed 50% of net salary
  • Maximum loan amount - Kes. 200M
  • Free cover limit for loan amount Kes. 40M and below
  • Interest rate is pegged to Stanbic Bank Prime Rate for local currency
  • Flexible repayment terms
  • 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 is paid to bank appointed lawyer
  • Valuation is done by bank approved valuers

See general T&Cs

How to get it
  • Complete the loan application form
  • Your latest payslip
  • KYC documentation required
  • Letter from your employer confirming employment terms
  • 12 months certified statements
  • Copy of title where applicable
  • What you get
  • How to get it
  • Up to 80% financing of open Market Value
  • The property has to be in the applicant’s name and free from any encumbrances
  • Loan tenure – up to 20 years 
  • Debt to income ratio – should not exceed 50% of net salary
  • Maximum loan amount - Kes. 200M
  • Free cover limit for loan amount Kes. 40M and below
  • Interest rate is pegged to Stanbic Bank Prime Rate for local currency
  • Flexible repayment terms
  • 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 is paid to bank appointed lawyer
  • Valuation is done by bank approved valuers

See general T&Cs

  • Complete the loan application form
  • Your latest payslip
  • KYC documentation required
  • Letter from your employer confirming employment terms
  • 12 months certified statements
  • Copy of title where applicable