Home Africa Kenya: How Much You Pay Monthly for a Ksh 1M, Ksh 2M...

Kenya: How Much You Pay Monthly for a Ksh 1M, Ksh 2M or Ksh 3M KMRC Mortgage

Rédaction Africa Links 24 with Kenyans.co.ke
Published on 2026-09-04 14:56:00

Young Kenyans can get mortgage loans of up to Ksh10.5 million through a Kenya Mortgage Refinance Company (KMRC) arrangement, with repayment periods of up to 25 years.

The facility allows borrowers to buy a ready house, purchase land and build, or construct a house on land they already own.

Evan Mwangi, Acting Head of Retail Mortgage at Co-op Bank, explained how the KMRC mortgage works during this week’s Co-op Bank Youth Forums session.

KMRC provides long-term funding to mortgage lenders,…

Read the full article on Kenyans.co.ke

Previous articleNamibia: WHS archers help Namibia win silver in Botswana – National
Next articleUganda turns to AI to drive tourism growth