National Bank of Kenya Loans- Unsecured Personal Loans, National Homes, Mortgage, Interest rates, Requirements.
National Bank of Kenya Loans.
National Bank of Kenya Loans: Unsecured Personal Loans
Unsecured personal loan helps you achieve your dreams – best education for your children, shopping in Dubai, make improvements on your home , take advantage of a great investment opportunity, post-graduate studies for yourself, a much-needed overseas holiday for the whole family.
Eligibility
-You need to derive your income through a salary
Features
-The minimum amount you can borrow is Kshs 50,000; the maximum Kshs 4million.
-Interest rates calculated on reducing balance basis.
-No security needed.
-Flexible repayment options – you get up to 6 years to repay the loan.
National Bank of Kenya Loans: NationalHomes
NATIONAL HOMES PRODUCT RANGE
The following mortgage products are being offered under the National Homes brand both for salaried and business customers:-
Financing to cater for purchase of ready build house i.e. Residential property
Financing to cater for construction of a residential property
Financing to cater for Plot purchase
Equity release i.e. get financing against your property
Diaspora / non-resident residential mortgage and plot purchase, for those special customers in far-away countries.
National Bank of Kenya Loans: Mortgage
Loan Types
At National Bank we offer various suitable products for individuals or businesses looking for financing to build or construct a residential or commercial property. The following types of finance options are available for you:
-Owner Occupied Residential -For a loan to purchase a property that the borrower intends to occupy as the primary home, we shall lend up to 90% of the value of that property.
-Investment Residential – Financing required for a property considered an investment and not intended for owner occupied as the primary home of the borrower.
-Equity release and Top-up Loans – As you repay your mortgage, you acquire equity in that property which can be availed to you for further property development or other uses. We can lend you money on the value of your own equity.
-Occupied Residential Loan. Only developed Residential properties will be considered for this loan type.
-Construction Loan – This is a facility to finance the construction of a residential or a commercial property..
-Residential Plot purchases – This is a product that is intended to extend money to people who want to buy a property to develop a residential house upon the plot.
