Property Secured Loans in Kenya

Own property? It can help you get a big loan for school, business, or emergencies. Your asset works for you — not just sits there.

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With KCB Bank, you can borrow up to KES 10.5 million to buy or build a home, and spread payments over as long as 25 years. They also offer a fixed-rate option at 9% per year for loans up to KES 8 million, which helps shield you from rate hikes down the line.

Advantages

Big loan size – You can finance most mid-range and even some upper-range properties with ease.
Flexible timelines – Up to 25 years to repay gives you room to plan your life and finances.
Extra coverage – If your loan is insured, you can borrow more than 100% of the property value, which helps cover extra costs.
Stable repayments – A fixed 9% interest rate means your monthly amount stays predictable for years.
Easy access – With branches all over Kenya and a dedicated Property Centre, support is never far away.

Disadvantages

Start-up costs add up – You’ll need to cover stamp duty, legal fees, valuation, and insurance before you even get the loan.
You’ll pay more in the long run – The longer the loan period, the more you spend on interest overall.
Paperwork isn’t light – Be ready with title deeds, salary slips, and official property valuations before applying.

I’d say this is one of the better mortgage offers in the market today — fair interest, long terms, and solid support from a trusted Kenyan bank.

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With Equity Bank, you can get an unsecured loan starting from Ksh 30,000 all the way to Ksh 5 million through the EquiLoan, repayable over up to 72 months—as long as your employer is part of their salary check-off programme. For smaller, instant loans, the Eazzy Loan gives you between Ksh 100 and Ksh 3 million, straight to your phone via the Equity app or *247#, and you can repay within 1 to 24 months.

Advantages

No title deeds or logbooks – You keep your assets untouched; the loan’s purely based on income and account behaviour.
Two clear loan tracks – EquiLoan is for big money with structured repayment, Eazzy Loan for fast, smaller top-ups on the go.
Fully digital option – Eazzy Loan lands in your account in seconds, no forms, no queueing at the branch.
Flexible payment periods – Whether it’s two years or six, you choose what fits your budget.
Recent rate cut helps – Equity recently reduced their lending rates by 3%, easing the repayment load.

Disadvantages

EquiLoan only works with check-off employers – If your company hasn’t signed up, you won’t qualify for the bigger loan limits.
Deductions bite into your payout – Fees, tax, and insurance are taken before the money hits your account.
Eazzy Loan limits may feel tight – Good for emergencies, but won’t stretch far for big investments.

For anyone with a regular income or business flow, Equity’s loan options are convenient, reliable, and designed to fit real Kenyan hustle.

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At Co-op Bank, you can secure funding of Ksh 500,000 to Ksh 8 million to buy or build a home, with repayment stretching up to 20 years for salaried borrowers and 10 years if you’re self-employed. For move-in-ready homes, they offer 100% financing, while construction loans cover up to 90% of project costs, all at a 9.9% reducing balance interest rate.

Advantages

Affordable interest rate – 9.9% reducing balance is one of the more friendly rates in the market right now.
Long repayment window – With up to 20 years to clear your loan, monthly instalments stay manageable.
Full financing for complete houses – If the house is ready, Co-op Bank can finance the full amount.
Options for both salaried and self-employed – You don’t have to be on payroll to qualify.
You get end-to-end support – From valuation to legal to disbursement, the bank walks the journey with you.

Disadvantages

You’ll need to sort a number of fees upfront – Think legal fees, valuation, insurance, stamp duty—the usual suspects.
Paperwork is thorough – Be ready with your payslips, title documents, building plans, and bank statements.
Construction loans don’t go all the way – Co-op will finance 90%, so you’ll need to cover the rest yourself.

I’d rate Co-op’s home loan as one of the better choices in the market—reasonable rates, clear terms, and a structure that makes sense for long-term homeownership.

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With Stanbic, you can get a mortgage ranging from KES 1 million up to 10.5 million, covering not just the property but also legal fees and stamp duty. For buyers under the Affordable Housing Scheme, the bank offers a 9.5% fixed rate loan payable over 25 years, giving borrowers breathing space without rate surprises.

Advantages

It covers more than just the house – things like legal fees and duty are rolled in, easing the upfront burden.
You can borrow more than the property’s price – up to 105% if you qualify, which is rare to find.
A whole 25 years to pay – that’s one of the longest terms in Kenya right now, great for keeping monthly payments manageable.
Built-in insurance – comes with home cover and retrenchment protection so you’re not caught off-guard.
Use it how you want – the loan works for buying, building, refinancing, even releasing equity if you already own property.

Disadvantages

Interest isn’t always fixed – unless you’re on the KMRC option, most loans follow market-linked rates.
There’s a 1.5% setup fee – which makes it a bit pricier at the start.
Income rules are strict – Stanbic won’t let you take on too much debt, which might limit the amount you can get.

For someone looking at long-term home ownership with low stress and proper insurance baked in, Stanbic’s offering ticks most of the right boxes.

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Absa Kenya gives you access to up to KES 10.5 million in home loans, with repayment periods running up to 25 years and a fixed rate of 9% to 9.5% through the KMRC programme. You can even borrow beyond the house price itself — up to 110% — covering stamp duty, legal charges, and other extras.

Advantages

Big ticket support – You can borrow enough to buy, build, or even spruce up decent property in Nairobi or the outskirts.
Covers more than just the house – The loan includes other costs like legal fees, duty, even valuation.
Fixed rate means peace of mind – At 9% to 9.5% p.a., you avoid the nasty surprises that come with fluctuating interest.
Plenty of time to pay – Up to 25 years, which keeps your monthly burden in check.
It works for more than buying – You can build, release equity, or even switch from another bank.

Disadvantages

Standard mortgages can get expensive – Outside the KMRC deal, interest goes up to around 17.5%, which is no joke.
Initial charges bite a bit – Stamp duty, legal, and insurance could easily add 5–7% to your total cost.
Heavy paperwork – Be ready with payslips, title deeds, valuation reports, KRA PIN, and more. They don’t joke with compliance.

This is one of the better mortgage setups in Kenya right now — stable interest, flexible uses, and no hidden shocks if you plan properly.

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NCBA lets you borrow from KES 3 million and up, with repayment terms of up to 25 years, and up to 105% financing, which means even things like legal costs and valuation can be included in the loan. Whether you’re building, buying, or refinancing, you can borrow in Kenyan shillings or even in dollars, pounds or euros — whichever works better for your cash flow.

Advantages

They don’t stop at 100% – That extra 5% cushion goes a long way when you’re handling fees and closing costs.
You choose your currency – From KES to USD, GBP or EUR — good flexibility, especially for diaspora or expat incomes.
Construction is well covered – The EasyBuild package gives you funding from start to finish, not just the shell.
They give you time – A full 25-year term makes monthly payments lighter and more manageable.
Support is tight – You’re assigned relationship managers and quantity surveyors to walk with you through the process.

Disadvantages

They don’t shout about rates – You won’t find exact interest numbers upfront unless you go to the branch.
You’ll work for that approval – Be ready with title deeds, payslips, plans, and a full file of documents.
Forex can burn – If you borrow in foreign currency and the shilling drops, your repayment can jump.

This loan suits people looking for structure and flexibility — NCBA feels built for folks who want to build, not just buy.

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HF is giving borrowers a shot at owning homes with up to 90% financing, payable over 20 years, and for those buying under the Affordable Housing scheme, there’s a sweet 9.5% fixed rate. From application to keys-in-hand, they’ve got a tight system that moves fast, thanks to an in-house team that knows how to handle paperwork and pressure.

Advantages

90% loan-to-value – You only need a 10% deposit, which is decent by local standards.
Low fixed rate option – That 9.5% interest is among the best you’ll find right now for Affordable Housing units.
20-year term – Gives you enough room to stretch payments without drowning your monthly budget.
Streamlined process – Their mortgage unit is experienced and actually responsive, which can’t be said for everyone.
Solid developer links – You can walk into deals through partners like Superior Homes and sort both house and financing in one go.

Disadvantages

You still need to raise that 10% – And don’t forget closing costs like legal and duty.
Term’s shorter than others – 20 years means higher monthly instalments than a 25-year plan.
Not every property qualifies – That good 9.5% rate mostly comes with specific housing projects.

HF’s deal makes sense — especially if you’re eyeing Affordable Housing and want a lender that actually delivers with speed and clarity.

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You can borrow up to KES 100 million from Standard Chartered for buying, building, or even pulling equity from your property, with 100% financing available and repayment terms going up to 25 years. Rates start from around 12.5%, but most borrowers see something closer to 16.5% once everything’s factored in.

Advantages

Big loan, no deposit – With full 100% financing, you don’t need to scrape together a down payment.
Massive loan limits – Up to KES 100M means you’re sorted even for high-end homes.
Flexible repayment window – A full 25 years gives you room to breathe every month.
Covers more than just home buying – You can finance construction, top-up your loan, or move your mortgage from another bank.
KES or USD? Your choice – Handy for folks earning in different currencies or working abroad.

Disadvantages

Real interest is higher than advertised – You’ll see “from 12.5%”, but most end up paying closer to 16.5%, which adds up.
Setup costs can sting – Between the 1% facility fee, legal charges, valuation and insurance, the initial costs are no small matter.
Foreign income rules aren’t light – If you’re earning in dollars or pounds, the process might come with extra checks and forex risks.

This loan works well for people who want to go big and need flexibility, but you’ll want to crunch the numbers carefully — the rate and fees aren’t the lowest around.

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Through its Miliki Nyumba mortgage, I&M Bank is offering up to KES 10.5 million in funding, repayable over 20 years, with a fixed 9.5% interest rate under the KMRC scheme. Whether you’re buying, building, or renovating, the bank gives you room to work with – plus the Step-Up option lets you start small and increase repayments as your income grows.

Advantages

Fixed 9.5% rate – Not many banks are locking it that low, especially with inflation where it is.
Covers a range of needs – Buy land, build from scratch, renovate, or finish an incomplete project.
KES 10.5 million limit – Enough to get a decent place in most parts of the country.
Step-Up loan option – Start with smaller monthly payments and grow into it as your salary improves.
They’ve streamlined the process – You won’t be bounced around branches; their mortgage desk actually gets things moving.

Disadvantages

Loan size may not suit high-end buyers – You’ll need to top up if you’re going for something premium.
Shorter repayment window – 20 years max means slightly higher monthly instalments than 25-year options.
The paperwork is no joke – Title deed, valuation, KRA PIN, payslips, insurance – it’s a checklist.

I&M’s home loan is clean, structured, and works well for buyers who want predictability without drama — it’s not flashy, but it gets the job done right.

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Sidian Bank offers property-backed loans with repayment terms stretching up to 15 years, and interest rates that are tailored to your profile and the type of project you’re financing. These loans are built with flexibility in mind, especially for SMEs, real estate investors, or anyone using land or buildings as working capital.

Advantages

Flexible repayment – Up to 15 years to spread out the cost, which keeps pressure low on your monthly income.
You get priced based on your story – They assess risk per project, so solid borrowers don’t carry other people’s baggage.
Built for builders and SMEs – Whether you’re putting up flats, flipping plots, or using property for business expansion, the bank gets it.
Less red tape than big banks – Especially if you’ve got clean land papers and an active business profile.
Full package support – They’ll help with valuations, insurance, and follow-ups so you’re not running around chasing ten different people.

Disadvantages

No fixed rate promises – Your interest can shift depending on your loan structure and risk rating.
Max term is 15 years – That’s tighter than the 20–25 year terms you’d get from bigger mortgage banks.
Heavier paperwork for developers – You’ll need drawings, bills of quantities, and proof of progress if it’s a construction-linked deal.

This is a smart pick for people who use property to power business growth — not just sit pretty in a house.

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If you’ve got a clean title, Mwananchi lets you unlock up to 80% of your land’s market value, with flexible repayment plans spread over 12 to 48 months. Cash is often disbursed in under a week, and they don’t stress too much over your CRB listing — the land does the talking.

Advantages

Quick approval – Once your documents are sorted, funds can hit your account in as little as 5–7 days.

No CRB drama – Your credit score won’t kill the deal, which is rare in this space.

Flexible terms – You choose between one and four years, depending on how you want to space your payments.

You still own your land – They only hold the title as security, not the keys to your gate.

Covers all sorts of property – From plots in Kitengela to rentals in Umoja, they work with all types.

Disadvantages

Interest bites hard – Rates can go north of 20% p.a., so it’s not cheap money.

Short repayment period – Four years max can be tight, especially for big-ticket loans.

Paperwork needs to be airtight – Expect to present valuation reports, land search, ID, KRA PIN, and more.

If you need cash quickly and have land to leverage, Mwananchi gets things moving fast — just budget carefully, because this loan isn’t soft on interest.

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Using your property as collateral, Ngao Credit can unlock up to KES 100 million, with repayment periods ranging between 1 to 5 years and interest charged at roughly 3% per month. It’s a quick way to get serious money in your account without the long queues or credit score drama.

Advantages

Big loans, no drama – You can borrow millions if your land or building has clean paperwork and proper value.
They don’t dig into CRB – Your title speaks louder than your score, which helps people locked out by banks.
Speed is their game – Loans can be processed in a few days if your documents are tight.
Flexible terms – You pick how fast or slow you want to pay, from 12 to 60 months.
Title remains under your name – They use it as security but don’t take ownership unless you default.

Disadvantages

Interest adds up – At 3% per month, the cost can sting if you’re not planning repayment tightly.
Shorter loan life – Five years max means you’ve got to move quickly with repayments.
Valuation and docs must be solid – Expect to bring full land search, ID, PIN, and income proof.

Ngao gets things done for property owners who need fast cash, but you’ve got to go in with eyes wide open about the cost.

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With Momentum, your title deed can get you a loan worth up to 80% of your property’s value, and you’ve got between 12 and 24 months to repay. Approval is quick, money hits your account in just a few days, and the process doesn’t fuss over your CRB score.

Advantages

Fast turnaround – Once your paperwork checks out, cash is released in under a week.
Loan size tied to value – You get up to 80% of what your land or house is worth.
No credit score drama – They focus on the asset, not your past borrowing mistakes.
Short-term structure – Two years max, so you’re not stuck paying forever.
You stay in control – They hold the title, but the land stays in your name and use.

Disadvantages

Interest is on the higher side – Around 20% APR, which hits harder if you delay.
Short repayment window – Two years flies fast, especially if the loan is big.
Full documentation needed – Clean title, valuation, ID, PIN, income proof — no shortcuts.

This loan works best for someone who knows how to flip cash fast — it’s sharp, clean, and efficient, but don’t go in blind to the cost.

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With Izwe, your land can unlock serious cash — you borrow based on the value of your property, and pay it back in up to 10 years, with interest rates worked out based on your profile and collateral. The process is fast, paperwork is light, and you don’t need payslips or a perfect CRB to get started.

Advantages

They lend on land, not credit history – A clean title speaks louder than a clean CRB record.
Flexible timelines – You can stretch payments up to a decade, which is rare for non-bank lenders.
You don’t need a payslip – This opens doors for self-employed folks, traders, and hustlers.
Fast processing – Once you’re approved, money lands quickly — no dragging for weeks.
Tailored terms – Your interest is based on your asset and risk, not just one flat rate for everyone.

Disadvantages

They don’t post rates online – You only find out your rate after assessment, so it’s not upfront.
Rates can vary a lot – Depending on your collateral and background, you could pay more than you expected.
Title deed must be legit – If there are issues or court flags on your property, that’s a deal breaker.

Izwe gets points for speed and flexibility — it’s one of the few lenders that gives real room to non-salaried borrowers, but make sure you understand the full cost before you sign anything.

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Jijenge gives you access to up to KES 10 million by securing your loan with a clean title deed, with repayment periods running from 6 to 60 months. No CRB check, no long queues—just paperwork, a valuation, and within a few days, your cash hits the account.

Advantages

Fast disbursement – Once they okay your docs, you don’t wait long — money reflects quick.
Big loan amounts – You can borrow serious cash depending on the value of your land or house.
Flexible payment terms – Whether you want to finish in 6 months or stretch to 5 years, it’s your call.
No CRB stress – Past loans won’t block you; what matters here is your title deed.
Minimal red tape – It’s one of those lenders that actually keeps the process simple and fast.

Disadvantages

High interest – At around 3.75% per month, the cost is heavy if you’re not repaying fast.
Shorter loan lifespan – Five years max, so monthly payments can be a bit tight for larger amounts.
The title must be spotless – If there’s any legal issue or lien on the land, approval stalls or drops.

This is the kind of loan that works well when speed is more important than cost — it’s fast, it’s simple, but you pay for that convenience.

Online application

Using a title deed or logbook, Platinum Credit can give you up to KES 2 million, with repayment stretched between 1 month and 96 months, and cash disbursed in as little as 24 hours. The interest depends on how long you borrow — from 7% for 7 days to 10% per month if you need more time.

Advantages

Speed is their strength – Once your documents are clean, they move fast — most people get their money same day.
Flexible repayment terms – Whether you want to clear it in a week or take it slow over a few years, they let you choose.
Land or car, it works – You can use a title deed or logbook, whichever you have.
Transparent pricing – No sneaky charges. You know upfront what you’re paying.
Branches all over – Whether you’re in Nairobi, Eldoret or Kisii, there’s someone near you.

Disadvantages

Loan size is capped – If you’re looking for more than KES 2 million, this won’t cut it.
Short terms, high stress – Going for one or two months? Prepare for serious monthly deductions.
Interest piles up if stretched – A three-month loan at 10% per month adds up to a 30% cost.

Platinum Credit works well when you’re in a cash crunch and need a fast loan — just be smart with the term you choose, because that’s what makes or breaks the deal.

1. What is a property-secured loan?

It’s a type of loan where you use something valuable you own — like land, a car, or equipment — as security. This helps you access a larger amount, often with lower interest compared to unsecured loans.

2. How is it different from a regular personal loan?

With a secured loan, lenders take less risk since you’ve pledged an asset. This usually means better terms for you — like higher approval chances and smaller monthly payments.

3. Is the application process complicated?

Not really. Many lenders now allow you to apply online. You'll need to provide documents showing ownership of the asset, and the process can move quite quickly once that’s verified.

4. Are there any hidden charges I should be aware of?

Yes, sometimes. Lenders may include processing fees, valuation costs, legal fees, or charges for registering the asset. Always ask for a full breakdown before signing anything.

5. Will this loan affect my credit score?

Yes — in both good and bad ways. Paying on time can boost your credit profile, but missing payments could hurt it and even risk losing your asset.

6. What if I don’t own land or property — do I still have options?

Absolutely. Some lenders accept vehicles or business equipment as collateral, and there are smaller short-term loans available that don’t require any security.

Lender	Institution Type	Loan Amount (KES)	Loan Term	Interest Rate (per annum)	Bonuses/Promotions
KCB Bank Kenya	Bank	Up to 100% financing for select properties	Up to 25 years	~13% – 16%	Financing for construction and land purchase available
Equity Bank Kenya	Bank	Up to 105% of property value (incl. fees)	Up to 20 years	~14% – 17%	Multiple currency mortgage options (KES, USD, EUR, GBP)
Co-operative Bank of Kenya	Bank	Up to 90% for individuals, 100% for Co-op staff	Up to 20 years	~15%	Good for salaried employees
Stanbic Bank Kenya	Bank	Up to 105% financing available	Up to 25 years	Starting from ~15.9%	Unsecured top-up loans for existing mortgage clients
Absa Bank Kenya	Bank	From 3,000,000 to 100,000,000	Up to 25 years	Starting from ~16.8%	Further advance/re-mortgage options available
NCBA Bank	Bank	Up to 105% financing	Up to 25 years	~14.5% – 17%	Property financing for diaspora clients
HF Group	Bank	Up to 90% of property value	Up to 20 years	Starting from 12.5% (special offers)	Specialist in housing finance; various mortgage products
Standard Chartered Bank	Bank	From 1,000,000 up to 250,000,000	Up to 25 years	~15.5%	Mortgage protection insurance included
I&M Bank	Bank	Up to 90% financing	Up to 20 years	Competitive market rates	Tailored solutions for high-net-worth individuals
Sidian Bank	Bank	Flexible, based on project/property	Up to 15 years	Risk-based pricing	Focus on Trade and Real Estate Development financing
Mwananchi Credit	MFI	Up to 100,000,000	Up to 10 years (120 months)	~1.5% – 2% per month	Fast processing (within 2 weeks)
Ngao Credit	MFI	Up to 100,000,000	Up to 5 years (60 months)	~3% per month	Quick turnaround time compared to banks
Momentum Credit	MFI	From 200,000 to 10,000,000	Up to 5 years (60 months)	Competitive MFI rates	Loan buy-off services and fast disbursement
Izwe Kenya	MFI	Loan based on property value	Up to 10 years (120 months)	Rates provided on application	Solutions for homeowners needing capital
Jijenge Credit	MFI	Up to 50% of property value	Up to 2 years (24 months)	~4% – 5% per month	Very fast processing for short-term needs
Platinum Credit	MFI	Loan against title deeds	Up to 3 years (36 months)	Rates discussed on application	Focus on civil servants and business owners