Suitable for home owners or commercial property owners who wish to use existing properties as security to undertake property projects, e.g. land purchase, renovations, construction of other sites and purchase of other properties
- Flexible repayment terms- can be spread out in line with remaining term of mortgage, or within the mortgage terms provided for.
- Competitive interest rate.
- Proof of income.
- Latest pay slips and bank statements.
- Must hold a mortgage facility with KCB.
Rates & Fees
- Competitive Interest rates
- Appraisal Fee-1% of loan amount
- Ledger Fee- RWF 1,000 per mont
- Notary Fees
- Valuation fees
- Transfer fees
- Insurance premium- Payable monthly with the mortgage loan installments.