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