With our Pension Backed Homeloans, members of selected pension schemes can utilise up to 60% of the current pension to secure additional financing from the bank for the following purposes:

a.     Acquiring funds to make a down payment for a residential property

b.    Acquire funds to payment for stamp duty, valuation fees, legal fees and any other transactional costs required in the course of purchasing a Home.

Feature

• We can finance up to 105% of the value of the property
• The loan amount should be at least Kes 1 million
• The maximum loan repayment period is 20 years
• With our Access mortgage feature, you can make lump sum deposits and withdrawals on your Homeloan account at no cost
• Dedicated fulfilment centre to assist you through the Home loan process
• Approval is within 4 days after receipt of all documentation.
• Embedded credit life protection insurance in the loan repayments
• Competitive variable interest rates linked to the bank’s base rate
• Competitive facility fees