With the current housing boom the cost of owning a home is quickly rising beyond the reach of many Kenyans, hence the rising demand for home loans and mortgages loans.
Even in smaller towns and urban centres, the skyrocketing property prices are seeing thousands of middle class Kenyans shopping for mortgages.
Mortgages in Kenya
The demand for mortgages is found to be present in almost all Kenyan towns, although demand is highest in the major cities; Nairobi, Mombasa and Kisumu.
Prospective home buyers are always on the look out for mortgage providers that can provide them easy home loans with the lowest rates of interest. Besides low interests, they also want a maximum level of flexibility in repayment of the home loan.
Home loans
Due to the high level of competition, financial institutions have come out with an array of home loan products. These institutions have qualified housing finance consultants who will guide you before taking a home loan or mortgage loan.
To obtain mortgage loans at best rates, you will have to research the market and know about the top home finance companies of Kenya.
Here is our list of some of the top housing finance companies in Kenya.
Housing Finance Company of Kenya
P.O. Box 30088-00100
Nairobi, Kenya
Tel: 317474
Fax: 317504
Mobile: Rehani Hse, Koinange Str
Email: info@housing.co.ke
Website: www.housing.co.ke
Savings and Loan (S& L)
P.O. Box 45129-00100
Nairobi, Kenya
Tel: 251328/224035
Fax: 318539
Mobile: Salama Hse, Mama Ngina Str
Email: savloan@kcb.co.ke
Website: www.kcb.co.ke
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