Ustawi/Mortgage Loan

Product Features

This product is intended to empower members undertake development projects for ready houses with long-term benefits

Product Features

  • 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.