Kenya Mortgage Refinance Company now offering cheapest home loans in Sub-Saharan Africa

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State-backed mortgage firm to deliver cheapest home loans. The Kenya Mortgage Refinance Company, which is being fashioned as an implementing arm of President Uhuru Kenyatta’s affordable housing plan, will advance cash to commercial banks, saccos and mortgage companies on a wholesale basis to enable them to give affordable loans to account holders or members to buy or build homes.

State-backed mortgage firm to deliver cheapest home loans. The Kenya Mortgage Refinance Company, which is being fashioned as an implementing arm of President Uhuru Kenyatta’s affordable housing plan, will advance cash to commercial banks, saccos and mortgage companies on a wholesale basis to enable them to give affordable loans to account.

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Mortgage Finance for Increased Access to Housing in Africa-The case of Kenya (Prof. Njunguna Ndungu’, Govenor, Central Bank of Kenya) The presentation highlighted the performance of the mortgage finance sector in Kenya with an emphasis on the growth of mortgage values and loans.

Kenya Mortgage Refinance Company now offering cheapest home loans in Sub-Saharan Africa. KTN News May 23,2019

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 · To successfully offer home ownership products, usually via mortgages, whether affordable or not, to its clients, a bank would need to stretch the tenure of its lending.

A World Bank report on Kenya’s mortgage market says the country is the third most developed in sub-Saharan Africa, with assets equivalent to over 2.5 per cent of the country’s gross domestic product.

About Us. The Nigeria Mortgage Refinance Company (NMRC) is a private sector-driven mortgage refinancing company with the public purpose of promoting home ownership for Nigerians while deepening the primary and secondary mortgage markets. Its vision is to be the dominant housing partner in Nigeria, with a mission to break down barriers to home ownership by providing liquidity, affordability.

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NIC Bank offers home loans / mortgage loans in Kenya with competitive interest rates with flexible repayments options. Apply for mortgage loan at attractive mortgage rates.