How NCBA is making homeownership easier for Kenyans

For many Kenyans, homeownership isn’t just a dream. It is a goal that represents stability, security and long-term wealth creation.

However, navigating the real estate market can be overwhelming, especially without the right financial partner.

To make homeownership more accessible and affordable, NCBA Bank offers personalised financing to help you make confident and sustainable property decisions, whether you’re a first-time buyer, a real estate investor or building your dream home from the ground up.

Here is a look at seven key property solutions available to NCBA customers:

1. Home Loans for Purchase

If you are looking to buy a move-in-ready home, NCBA offers flexible home loans that finance up to 105% of the property’s value with repayment periods of up to 25 years.

These loans come with competitive interest rates and joint application options, making it easier for couples, families, and business partners to co-invest in property.

The key benefits here are: up to 105% financing, flexible terms and customizable repayment options as well as support for both salaried and self-employed individuals.

2. Construction Loans

If you prefer to build rather than buy, NCBA’s construction loans provide financing in phases that are tied to the progress of your building project. Examples of the phases may include financing for land purchase, building materials and labor, project management and approvals.

This structured financing ensures that funds are released at appropriate stages, enhancing better cash flow management and giving you more control over the building process.

3. Partnership with Developers

NCBA collaborates with reputable real estate developers across the country, such as Mi Vida Homes. These partnerships simplify the home-buying process by connecting customers with vetted properties, reliable developers, and exclusive financing terms and discounts.

In partnership with Mi Vida, NCBA offers discounted mortgage rates (as low as 9.5%), access to 1, 2, and 3-bedroom units, and repayment periods of up to 25 years.

4. Equity Release

Equity release is when you borrow money using the value of a property you already own, in this case, as collateral.

Now, if you already own property, NCBA’s equity release facility lets you unlock its value without selling it. This solution is ideal for funding personal projects, business expansion, or even additional property investments.

5. Buy-to-Let Mortgages

If you’re eyeing passive income through rental properties, NCBA’s Buy-to-Let mortgage is designed to help customers purchase residential units for lease while growing their property portfolio.

This option is tailored for seasoned and first-time investors with favorable terms that consider expected rental income as part of your loan qualification.

6. Diaspora Mortgages

Kenyans living abroad can tap into NCBA’s real estate financing through their Diaspora Mortgage solutions.

These loans are designed to help diaspora customers easily invest back home by identifying credible property developers, offering remote application processes, and offering foreign currency financing options.

7. Easy Build

NCBA Easy Build is a property financing solution that gives you access to building plans and full professional services to build your house without stress.

The bank has a pool of construction consultants, comprising architects, quantity surveyors, structural, mechanical, and electrical engineers, who supervise your construction process from start to finish. 

Conclusion

Whether you are looking to buy, build or invest, it is evident that NCBA’s property solutions are crafted with your financial goals in mind.

With added support from developer partnerships and accessible financing terms, the path to homeownership is achievable and much clearer.