Single Unit Development Loan

This solution is designed for customers who want to build single units for own occupation or rental purposes.



  • Short term construction loan for a period of 4 to 6 months 
  • Client should have existing plot with clean ownership documents
  • Financing upto 70% of the project costs
  • Upon completion of construction and issuance of occupancy certificate the construction loan can be converted to a mortgage payable under negotiated period but not exceeding 10 years



  • Fast processing of the loans
  • Interest is only paid on the disbursed amounts during construction period
  • Access to in-house construction experts team
  • Flexible,experienced  and reliable staff
  • Access to a pool of experts through HF group partners



  • Approved plans & building plans with supporting bills of quantities
  • Copy of title
  • Certificate of registration
  • Copy of memorandum and articles of association
  • IDs & pin of directors
  • Evidence of project contribution
  • Profile of project professionals
  • Approved environmental impact assessment report


Fees & Rates

  • Commitment fees - 1.5% of the loan amount
  • Excise duty - 10% of the commitment fees
  • Inspection fees - minimum of Kes 15,000 (depends on project location)
  • Other related costs - stamp duty, valuation fees, legal fees