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Kimisitu DT Sacco members and officials during the unveiling of the partnership with Kenya Mortgage Refinancing Company in Nairobi. [James Wanzala, Standard]
Kimisitu DT Sacco in partnership with Kenya Mortgage Refinance Company (KMRC) has unveiled affordable mortgage products to support its members towards homeownership.
The product introduces a longterm mortgage financing solution designed to help members transition from renting to owning homes through affordable, flexible and sustainable financing options.
Through the partnership, eligible members will be able to access mortgage financing of up to Sh10.5 million, at an interest rate of nine per cent per annum, with repayment periods of up to 25 years and financing of up to 105 per cent of the property value for the purchase or construction of residential homes.
