Business Mortgage and Construction Loans

Actualize your dream with a Co-op Bank mortgage or construction loan

Turn your blueprints into buildings. Talk to us about our mortgage or construction loans.

We finance construction or renovation of residential or commercial properties. These loans are granted for up to a maximum period of 20 years for single dwelling units and 10 years for residential commercial units.

Features

Competitive interest rates
Affordable instalments with a repayment period of up to 20 years
We also give you a moratorium (grace period) of six months
The house you purchase can be used as collateral and its rental income can be used to repay the loan

Check also our good home mortgages

Requirements

Copies of identification documents, that is, Memorandum and Articles of Association as well as a Certificate of Incorporation (for registered companies)
Business Registration Certificate
Identity cards for borrowers who do not have registered businesses
Identity cards for directors of registered companies and registered businesses
Bank statements for 6 months
Audited accounts for loans above Ksh 5 million
Resolution to borrow (for registered companies) and details of business location
Necessary approvals by City Council, the local authorities, NEMA and securities to be provided