ABC Diaspora Banking: Residential Home loans for Kenyan Diaspora

ABC Diaspora Banking: Residential Home loans for Kenyan Diaspora

ABC Diaspora Banking: Residential Home loans for Kenyan Diaspora Our home buying loan gives home buyers the golden opportunity to finance and own property. Home buyers will need to make provision costs such as transfer costs and required deposits. This product will purchase an existing developed residential property and get up to 80% financing at 15.9%

80% Financing Facility
The borrower pays 20% deposit of the purchase price;
Loan or property value should be from Kes. 2.5 M and Maximum is 20 Million
You must be a salaried individual or self employed with clear proof of income with a minimum gross salary/income of at least Kes. 100,000 or equivalent in Foreign Currency;
The property has to be a developed residential property;
The maximum Mortgage repayment period is between 15 years depending on age and retirement or financing level;
With ABC Direct Access Mortgage feature, you can make lump sum deposits and withdrawals on your Home loan account;
Approval is within 14 days after receipt of all documentation and a exclusive customer dedicated centre to assist you through the home loan process
ABC Bank has a competitive variable interest rates linked to the CBK base rate;
We have a very low facility fee at 2% one off payment