This is a short-term loan arrangement for payment of 10% deposit for a house. Any customer who is desirous of buying a house and does not have the deposit upfront but is able to make monthly contributions.

Loan Term: 24 months

Requirements

  • Open a Nyumba Sure account with monthly savings
  • Credit Reference Bureau positive Report
  • 3 latest pay slips/ business records
  • 3 months Bank Statements
  • Copy of ID and PIN and 2 Passport Photos
  • Duly completed application form
  • Offer letter for purchase of house
  • Security- The bank’s interest noted on the house