Housing Loans

Housing loan product suits anyone who wants to purchase already built houses, purchase land and even house renovations. Have your property your way as we take care of the financing

With this loan you can purchase 2 or more residential units to let. The loan amount is up to 80% of the property value and is payable in a maximum period of 20 years.

Benefits of this product

Long repayment period of up to 20 years
High loan amounts of up to 80% of the loan value.
Loan repayments of up to 35% of your ascertainable gross income
Loan payable on a reducing balance basis in predictable equal monthly installment
Competitive interest rate

Your Check List before you apply

Copy of a valid land title
Copy of approved building plans
Bills of quantities of the outstanding work (in case of construction)
Photographs of at least four elevations of the building
Copy of a sale agreement (in case of purchase)
Environmental impact Assessment report from National Environmental Authority ( NEMA) for projects of UGX 1 billion and above

What you need to get started as a Salaried Person

Proof of borrower’s income i.e. Letter from employer, pay slips for the last 2 months or a Bank
statement for the last 12 months
Completed application form
Copy of financial card, valid ID and passport photos
Spousal consent or statutory declaration for marital status
Certified copies of Company founding documents (in case of self-employed applicants)

What you need to get started as a Self Employed Person

Companies have to present audited financial statements, certificate of incorporation, memorandum and articles of Association, copy of Form 7 and a Bank statement of 2 years
Sole proprietorship need certificates of registration and Bank statements for 2 years
Completed application form
Copy of financial card, valid ID and passport photos
Spousal consent or statutory declaration for marital status
Certified copies of Company founding documents (in case of self-employed applicants)