| The key to stress-free homes
Buying a home? Thinking of borrowing against your existing home loan (equity release)? If you`ve decided that it`s time to own your own home or utilise the value held in your home, then CBA`s mortgage facility will put the key into your hands - sooner than you think, with minimum fuss.
We offer you long-term financing, with a maximum loan repayment period of 20 years, for the purchase of your dream home.
First, the basics
 You can borrow a minimum of Kshs 1 million; the maximum amount that we finance will be based on your ability to repay .
You can borrow in Kenya Shillings or in major foreign currencies such as USD, EURO and GBP (if your income/salary is in a foreign currency).
The CBA Home Loan is available to Kenyan citizens, and non-Kenyan permanent residents, in full-time employment or with a clearly defined source of income, above the age of 21.
We also arrange for valuation and legal processes by bank-appointed service providers once your loan has been approved.
It`s affordable
Our interest rates are competitive and are probably the lowest available in the market today. In addition, we charge interest on reducing balance basis - hence you only pay interest on the outstanding balance.
What`s more :
Our Personal Relationship Managers are always available to advise and guide you throughout the application process. They will also advise on property evaluation and market trends.
Convenient repayments
You can accelerate your payments or pay off the entire loan without being penalised. You have up to 25 years to complete your payments and there is no penalty for early repayment. We only advise that your monthly repayments do not exceed 50% of your net salary or income.
Made simple for you:
Once we certify that you qualify, all you will need to submit is:
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Your payslips for the last 6 months.
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Certified copies of bank statements for the last 12 months.
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A letter of reference from your current employer.
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A Personal Financial Statement.
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Sale agreement - duly signed.
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Copy of the title deed.
Made swift for you:
A decision on your application will be made within 48 hours.
Your costs
Include valuation and legal fees, stamp duty, Mortgage Protection Insurance and our facility fee. You can use the CBA Personal Loan to cover these costs subject to qualification for both loans.
Easy application
Visit any of our Service Delivery Centres, where our Customer Service Representatives will be happy to guide you through the application process.
To view the Application Form - click here to download PDF document (59KB)
To find out more:
Contact our Personal Banking Relationship Managers, based at the following Service Delivery Centres:
CBA Westlands 020 - 4447946/7/6676
CBA Village Market 020 - 7120263, 7120346, 7120632
CBA Mama Ngina St. 020 - 228802
CBA Wabera St. 020 - 3254000 or 228881-9
CBA Mombasa 041 - 224711/2
Terms and conditions apply. Please note that additional information or documentation may be required.
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