Gulf African Bank - Home Finance

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Home-finance1

  • Competitive profit rates

  • Competitive profit rates

MORTGAGE TYPE FACILITY’S LIMIT BANK FACILITY OWN CONTRIBUTION

Home finance (residential property)

Min:Kshs.1.0 M
Max:Kshs.20.0M

70%

30%

  • 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.