Construction Loans

Do you have land that you wish to develop?

Do you have land that you wish to develop?

Well then, this loan is perfect for you. Depending on the value of your land and the construction you wish to develop, Family Bank can finance the development of your land.

Financing is open for both residential dwelling housing as well as estate development.

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Here's what you'll get

Features

  • Stamp duty (4% of property value)
  • Legal fees
  • Valuation fees
  • Appraisal fees 1% of loan amount

Benefits

  • Family Bank can finance the development of your land.

Requirements

  • Copy of title to the property
  • Copy of ID/PIN certificate of individual/ Business (Directors)
  • Valid Sale agreement/letter of offer from the seller
  • Pay-slips for the latest 3 months
  • Letter from employer confirming employment status
  • Bank statements for the latest 6 months
  • One passport size photographs

Loan Calculator

Find the best loan repayment terms for you by entering an amount, interest rate, and borrowing period. All borrowing rates used in this tool are indicative.

Select a loan type

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1634375 (KES)
14 %
12 months
Disclaimer: This calculator is made available to you as a self-help tool for your independent use. The repayment results in every case are an approximate guide only

How to apply

  1. Download the relevant application form
  2. Complete the form and bring to your nearest branch with supporting documents