Good Home Mortgage Products

Type of mortgage financing available

Acquisition:
Residential, Commercial or Commercial cum residential.
We will finance you to own your first home, buy an investment property or buy your family dream home!
Construction:
Residential and Commercial.
Looking to build your dream home or a commercial property – talk to us!
Equity release
For construction or property purchase purposes.
Do you own a house and would like to borrow against it, we will offer you the best solution!
Plot purchase
Need financing to buy that shamba – we are the right partner!
Plot Buy and Build
The bank offers financing to purchase land and construct the home of your choice.
Renovation
Looking to improve your home features, a renovation mortgage will help you do that!

Eligibility Criteria

Why a Good Home Mortgage

Wide array of mortgage product offering i.e. purchase, construction and equity release
Multi-Currency Mortgages available in KES, USD, GBP and EUR
Efficient processing of your application
Higher financing percentages to enable you own your home with ease
Dedicated personal banker to walk you through the process
Flexible and competitive rates
Automatic qualification for a credit card
End to end real estate solutions including project financing and end buyer financing

Mortgage Loan Terms

Maximum Financing %	Up to 90%
Appraisal Fees	3% of the amount borrowed
Maximum Repayment Period *Subject to customer eligibility	Customer Category	Loan Term
	Salaried Customers	Up to 20 years subject to retirement age
	Self-Employed Customers	Up to 15 years
	SME	Up to 10 years
	Company	Up to 15 years
	Co-operatives	Up to 15years
	Land Purchase	Up to 7 years

Mortgage Finance
Product	Description	Pricing	Tenor
1. Acquisition	Purchase of Property in Kes, USD, Eur and GBP	Interest Rate Kes 13% bank base rate + margin Interest Rate Fcy 10% currently based on Libor Appraisal Fee Kes 3% Appraisal Fee Fcy 2% Annual Review fee 1% of the outstanding loan amount	Up to a maximum of 20 years *subject to retirement age
2. Construction	Construction of Residential and Commercial Property.
3. Balance Transfer	Transfer your mortgage to the bank from another financial institution.
4. Equity Release	Client borrows against their property which is released to the bank as collateral
5. Project Finance	Financing to build commercial property for corporates and Co-operatives
6. Mortgage Schemes	Government Funded Schemes	Interest Rate 3%	Up to a maximum of 25 years *subject to retirement age
6. Mortgage Schemes	Private Funded Schemes	Dependent on funding given up to 13% interest rate for Kes	Up to a maximum of 20 years *subject to retirement age