There are specific sites which offer home loans and mortgages in Kenya. Below we list the best Saccos to join in Kenya if you want to get a loan to build your home.
Sacco loan amount—No maximum loan amount (Up to 4 times your deposit amount)
Interest rate—1.25% per month on reducing balance
Repayment period—Up to 10 years, equivalent of 120 months.
Maximum loan amount—Ksh 20 million
Interest rate—1.125% per month
Interest rate—9% per year
Repayment period—20 years
Loan maximum amount—Ksh 8 million
Loan processing fee—Ksh1,000
Interest rate—9% per year
Maximum loan amount—Ksh 105 million
Repayment period—up to 25 years
Loan amount—Up to 10 times your deposit amount
Interest rate—12% per year on reducing balance
Loan repayment period—Up to 20 years
Loan amount—Up to Ksh 20 million
Minimum value—Ksh 1.5 million
Interest rate— 8% p.a for loans paid in less than 10 years and 9% p.a for loans over 10 years. Interest rate is calculated on a reducing balance
Maximum loan term—Up to 25 years
Minimum/Maximum Loan Amount—Ksh 500,000.00 – Ksh 4,000,000.00
Maximum loan amount—Ksh 5 million
Interest rate—1% per month
Deposit multiplier—5 times your deposit amount
