Real Estate Financing Kenya

Mortgage Rate Buydowns in Kenya

Mortgage Rate Buydowns in Kenya: Do They Really Save Money?

What Is a Mortgage Rate Buydown? A mortgage rate buydown is when the seller (often a developer in Kenya) pays money upfront to lower the buyer’s interest rate for the first few years of the mortgage. Instead of reducing the property’s price, the developer partners with a bank to make monthly repayments more affordable at the start of the loan. This is becoming more visible in Nairobi’s...

Stand-Alone Construction Loan Kenya: What It Is, How It Works, and How to Apply

A stand-alone construction loan Kenya is a short-term facility that funds your build in stages and does not automatically convert to a long-term mortgage. You close twice (one loan for construction, a second for the permanent mortgage), so you carry more rate-change risk and duplicated fees—but you also get flexibility to shop for the best take-out mortgage after completion. Banks in Kenya typically...

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