This product is intended to empower members undertake development projects for ready houses with long-term benefits
- Loan issued at 5 times of one’s deposits.
- Maximum Repayment- 15 Years
- Interest rate- 12% p.a. on reducing balance
- No Guarantors required
- Maximum Loan- Kshs.20M
- Minimum Value Kshs.3M
- Property Insurance at 100% of Mortgage value
- Access: One (1) Mortgage product at a time
- Security : Title Deed or Sub lease
- Must have saved with the Sacco for 1 Year.