Purchase of Investment Residential

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 for Employed Persons

  • ID/Passport copies
  • KRA PIN Copy
  • 3 months latest paystubs
  • 6 months salary bank account statements
  • Letter from employer


Requirements for Self-Employed Customers

  • ID/Passport copies
  • KRA PIN Certificate
  • 3 years' audited books of account
  • 1 year bank statements
  • Certified copy of partnership deeds (for partnerships) and Rental schedules (for Landlords)



  • 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%



What Motivates Purchase Towards Off-Plan Projects?

There are several factors that influence purchase towards off plan projects

Your Level of Debt Commitment Matters

If you are submitting a mortgage application, the last thing any prospective lender will want to

You Need Proof of Income in Order to Qualify for a Mortgage

Banks will want to see proof of how much you earn.

You need to produce at least 3 months