Diaspora Mortgage is designed for Kenyan individual in the Diaspora looking to purchase residential properties within major cities in Kenya.
This product is designed for individuals who want to purchase plots to build residential properties.
Competitive profit rates
Repayment period of up to 10 years
|MORTGAGE TYPE||FACILITY’S LIMIT||BANK FACILITY||OWN CONTRIBUTION|
Home finance (residential property)
Must have held GAB account for a minimum of 3 months.
Duly completed facility application form.
Pay slips for the last 3 months.
Letter of introduction from employer confirming employment status (starting terms, retirement age, salary etc.) Must be a permanent job.
Certified bank statements for the last 6 months.
Copy of ID/Passport.
A valid visa and work permit (certified copies).
Copy of PIN Certificate.
3 passport size photos
Vendor’s offer letter/dr.aft sale agreement or a duly executed sale agreement.
Copy of title to property being purchased.
Commitment levels at 50% of net income.