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%