Purchase of Investment Residential Diaspora

This is a facility taken for property considered as an investment and not intended to be occupied as the primary home of the borrower. It is suitable for the individuals who want to buy another property to join the already existing stable investment. Purchasing that second piece of real estate could be one of the best decisions you ever make.

 

Requirements

  • Copy of Kenyan Passport and ID
  • Copy of Kenyan PIN certificate
  • Copy of recent utility bill e.g. gas, power introduction
  • Letter from employer stating terms of employment, income & retirement age
  • 3 months latest paystubs
  • Credit Reference Bureau report from your country of residence
  • Notarized 6 month latest certified salary bank statements
  • Notarized residence permit

***All documents should be notarized by either Notary of public, Stamped by Kenyan Embassy, High commission or Certified by our appointed agent

 

Features

  • Loans of up to 85% of Selling price for single units and 70% for multiple units
  • Repayment period of up to 10 years

 

Fees & Rates

  • Commitment fee of 1.5%
  • Valuation fee of approximately 0.5%
  • Legal fees of approximately 1-2%
  • Stamp duty of 4%

 

TIPS

A Business Tip Every SME Owner Should Know

The biggest problem founders and owners of small businesses have is that they are experts in

Always Budget When You Borrow Money

Before you borrow money, ensure you can make the monthly payments.

Failure to do so

Asset Finance TIPS

Starting a business is a tricky affair. Maintaining the business momentum and a competitive edge