• Loan tenure – up to 25 years (300 months)
• Debt to income ratio – should not exceed 50% of net salary
• Minimum loan amount – Kes. 1M
• Minimum property value – Kes. 1M
• Free cover limit for loan amount Kes. 40M and below
• Interest rate is pegged to Stanbic Bank Prime Rate local currency
• Flexible repayment terms
• The bank will finance the Deposit, Stamp Duty and Legal Fees required to own the property
• Embedded insurance in the loan repayments to cater for mortgage protection, retrenchment and house insurance
• Competitive interest rates
• Access to all other Stanbic Bank solutions and products (e.g. overdrafts, credit cards, current accounts, savings account, mobile and internet banking)
• Legal fees are paid to bank appointed lawyer
• Valuation is done by bank approved valuers
• Available both to salaried and self-employed customers. Loans available both in local and foreign currency