spot_img
Monday, July 7, 2025
spot_img

Diaspora Banking: ABC Bank Mortgages & Loans for Kenyan Diaspora

Diaspora Banking: ABC Bank Mortgages & Loans for Kenyan Diaspora

Diaspora Banking: ABC Bank Mortgages & Loans for Kenyan DiasporaABC Bank Mortgages & Loans

- Advertisement -

Self Evaluation Prior to Applying for a Loan

  • How much can I afford to borrow with no strains and hassles?
  • How much can I afford to pay per month?
  • How long will my Loan /mortgage term be?
  • How much deposit can I afford
  • Do I want a Residential (Owner Occupier), Buy-to-Let or Commercial loan
  1. 1.      Vacant Land Purchase

ABC Bank believes real-estate development is an integral part in ensuring growth of your well being. Our land purchase facility is developed to meet these needs.

Features

รผ  Maximum loan period of five (5) years

รผ  Maximum loan amount of Kshs 20,000,000

- Advertisement -

รผ  We will finance a maximum of 70% of the Land  sale value

รผ  Very Competitive variable interest rates

รผ  Our commitment fee is only 1% of the loan amount

รผ  The Land MUST HAVE a clean TITLE DEED of which ABC will verify with the Lands Registry.

 

 

  1. 2.      Construction Loan

รผ  Land with a clean title (within a country)

รผ  Approved building plans

รผ  Approved structural drawings

รผ  Priced Bill of Quantities reports

รผ  Profile/CV โ€“Architect, Quantity Surveyor, structural Engineer, Contractor and  Project Manager

รผ  Applicants contribution – provide evidence of won funds for the projects equity contribution

รผ  Contractors Agreement specifying duration of the project and performance bond

 

General Requirements

  • Copy of Title: (if lease, minimum term 45years)
  • For outright purchase: Sales agreement or offer letter from the seller
  • Valuation report (valuation fees payable by Applicant)
  • Ground Rent and Rates: Latest receipts confirming payments to the city/town council
  • Life Insurance: ABC Insurance quotation
  • Landlords using rental income as security, ABC will carry out a rental assessment

 

Contact us TODAY!!

ยจ  Email Address:  diaspora@abcthebank.com

ยจ  Phone Number:               +254 (0) 729 518810

+254 (0) 719 015000

+254 (020) 359 2747

ยจ  Mailing Address:              African Banking Corporation

Retail Department – Diaspora

ABC Bank House, 1st Floor

Woodvale Groove

Westlands

Micro-site URL: www.abcthebank.com/diaspora

Diaspora Banking: ABC Bank Mortgages & Loans for Kenyan Diaspora

Comment on the article

- Advertisement -spot_img
- Advertisement -spot_img
- Advertisement -spot_img
- Advertisement -spot_img
- Advertisement -spot_img

Latest Articles