LIMITED TIME OFFER
At KCB, we believe owning a home should not wait decades. That is why we are offering Kenya's most competitive mortgage rate, a fixed interest rate from 8.9% per annum, with up to 105% financing for up to 25 years. Whether you are buying a ready home, purchasing land and building, or building on a property you already own, we have structured this campaign to make your home ownership journey faster, simpler, and more affordable.
Campaign Period: 15th May 2026 – 15th September 2026 (4 months only)
What You Will Learn
What Is the KCB Home Loan?
What Makes This Home Loan Different?
How Does a KCB Mortgage Work?
What Can You Use a KCB Mortgage For?
Types of KCB Home Financing
Repayment Terms: Up to 25 Years
Do You Qualify?
Costs to Budget For
How KCB's 8.9% Rate Compares
Frequently Asked Questions
Ready to Apply?
What Is the KCB Home Loan?
A mortgage/home loan is a long-term loan that helps you buy, build, or renovate a property without paying the full amount upfront.
Through our partnership with the Kenya Mortgage Refinance Company (KMRC), we are able to offer longer-term, cheaper funding that makes monthly repayments manageable. This means you can:
Purchase a completed residential property. Apartments, townhouses, or standalone homes
Buy land and build your dream home in one consolidated loan
Build on land you already own with staged disbursement as work progresses
Access from 500K up to KES 10.5 million in financing, with 100% for the house and 5% for associated costs
The property itself acts as security for the loan until the mortgage is fully repaid, at which point KCB releases the title deed to you.
What Makes This Home Loan Different?
This is not a standard home loan product. It is a limited-time campaign with terms we have negotiated specifically to lower the barrier to home ownership. Here is what sets it apart:
Feature | Campaign Rate/Offer | Standard Market Comparison |
Fixed Interest Rate p.a. | From 8.9% (for existing check off schemes or KCB financed projects at a fixed rate for entire loan period) | 14% – 18% (often variable) |
Maximum Loan Amount | KES 10.5 million | Varies by lender and borrower profile |
Financing Ratio | Up to 105% (100% house + 5% other closing costs) | Typically 80–90% of property value |
Facility/Appraisal Fee | 1.5% (concessionary during campaign) | Typically 2–3% |
Repayment Period | Up to 25 years for salaried; up to 15 years for self-employed | Usually capped at 20 years for salaried and 10 years for business |
Rate Stability | Fixed for the entire loan tenure | Often reviewed annually or bi-annually |
Because the rate is fixed for the entire loan period, your monthly repayment never changes, even if the Central Bank Rate shifts. That is predictability you can build a life around.
How Does a KCB Mortgage Work?
We have structured the process to be transparent and efficient. Here is exactly what happens when you apply for a KCB Home Loan during this campaign:
Step 1: Identify Your Property
Choose whether you want to buy a ready home, purchase land for construction, or build on land you already own. KCB finances both ready units and construction projects, including our own KCB-financed developments. We can help you identify a property on our Property Center.
Step 2: Submit Your Application
Visit any KCB branch or contact our mortgage team. You will need: proof of income (pay slips or audited accounts), identification, property details or sale agreement, and evidence of your deposit (if applicable).
Step 3: Financial Assessment
We evaluate your ability to repay comfortably. For salaried customers, we review your latest three consecutive pay slips and six months of bank statements. For self-employed applicants, we require 12 months of statements and audited accounts.
Step 4: Property Valuation
An independent valuer approved by KCB assesses the property. This ensures the loan amount matches the market value. The valuation fee is part of your 5% ancillary cost cover.
Step 5: Approval and Disbursement
Once approved, funds are released. Either to the seller for a ready purchase, or in building-stage tranches for building projects. You begin repayments as agreed in your loan terms.
Step 6: Fixed Monthly Repayments
Your repayment includes principal and interest at the fixed 8.9% rate. Because the rate never changes, you can budget with confidence for the full loan term.
What Can You Use a KCB Mortgage For?
KCB Home Loans are not one-size-fits-all. We have designed financing options for different stages of the home ownership journey:
Direct purchase of completed residential houses. Move in immediately.
Plot and construction financing. Buy land and build with one consolidated loan.
Construction on owned land. Staged disbursement as your builder hits milestones.
Construction or purchase of properties for commercial purposes.
This flexibility means whether you are a buyer in Nairobi, a diaspora Kenyan investing back home, or a self-employed entrepreneur building anywhere in Kenya, there is a KCB home loan structure that fits your timeline.
Types of KCB Home Financing
Depending on your situation, you may qualify for one of these KCB Home Loan structures:
Financing Type | Who It Is For | Key Features |
Affordable Home Loan (Campaign) | All qualifying Kenyans at home and abroad | From 8.9% fixed; up to 105% financing and up to 80% for Kenyans in Diaspora; KES 10.5M max; 25-year tenure |
Existing Mortgage Scheme | KCB Check-off schemes | From 8.9% fixed rate; reduced facility fee; better your home journey today |
KCB Financed Projects | Buyers in KCB-approved developments | From 8.9% fixed; streamlined approval; pre-qualified properties |
Diaspora Mortgage | Kenyans living abroad | Remote application; foreign income accepted; same competitive rates |
Building Financing | Plot/building facility | Staged disbursement; up to 25 years for employed and 15-year tenure for self-employed |
Repayment Terms: Up to 25 Years
KCB offers flexible repayment periods to keep monthly instalments within your budget:
Salaried individuals: Up to 25 years, subject to retirement age
Self-employed / business owners: Up to 15 years
Minimum unexpired lease term: 40 years (for leasehold properties)
Tenure | Monthly Payment | Total Interest (From 8.9%) | Best For |
10 years | Higher | Lower total cost | Borrowers with strong, stable income |
15 years | Moderate | Balanced cost | Self-employed professionals |
20–25 years | Lower | Higher total cost | Salaried buyers prioritizing affordability |
Pro tip: Even with a 25-year term, you can make lump-sum payments toward the principal at any time without penalty. This reduces your total interest and can shorten the loan life significantly.
Do You Qualify for a KCB Mortgage?
Yes, subject to ability to repay! Before approving your mortgage, KCB assesses your ability to repay comfortably. Here is exactly what we look for:
Income Level
Your monthly mortgage payment plus all other deductions should not exceed 2/3 (two thirds) of your total monthly salary income. This ensures you remain financially comfortable. For business income, total deductions should be within 30%-40% of the business turnover. We can also look at combined sources of income for families or different sources.
Credit History
We check your Credit Reference Bureau (CRB) status. A clean record. No defaults, no late payments is essential. Not sure? We can guide you on how to check.
Property Suitability
The property must be valued by a KCB-approved valuer. For construction loans, you will need approved building plans, structural drawings, a priced Bill of Quantities (BQs), and an NCA certificate.
Deposit / Equity
With up to 105% financing, your out-of-pocket costs are minimized. The 5% covers ancillary costs like valuation, legal fees, and stamp duty.
Costs to Budget For
Even with 105% financing, it helps to understand where the money goes. Here is a breakdown of typical costs, most of which are covered within your loan:
Cost | Typical Amount | Notes |
Valuation Fees | KES 5,000–30,000 | Covered within the 5% ancillary financing |
Legal Fees | 1–2% of property value | Title transfer and charge registration |
Stamp Duty | 2–4% of property value | Payable to Kenya Revenue Authority (KRA) |
Insurance | Varies by property | Fire and mortgage protection insurance Retrenchment cover |
Facility / Appraisal Fee | 1.5% (campaign rate) | Normally 2–3%; reduced during this campaign |
With KCB's 105% financing structure, 100% goes to the property and 5% covers these associated costs so you do not need to save separately for valuation, legal, or stamp duty.
How KCB's 8.9% Rate Compares to the Market
As of 2026, most commercial banks in Kenya offer mortgage rates between 14% and 18% per annum. Many of these are variable, meaning your monthly repayment can increase if the Central Bank Rate rises.
KCB's 8.9% fixed interest rate changes the equation:
Lower monthly repayments- more money stays in your pocket for savings, school fees, or investment
Rate certainty- your repayment is locked for the full loan term, shielding you from market fluctuations
Higher financing- 105% means you start owning without years of saving for a deposit
Reduced fees- the 1.5% facility fee during this campaign saves you thousands upfront
To put it in perspective: on a KES 10 million loan over 25 years, a 8.9% interest rate = Kes. 83,000 per month. Kes. 5M loan over 25 years at 8.9% = 41,618 per month
Frequently Asked Questions
Is the 8.9% rate really fixed for the entire loan?
Yes. Unlike variable-rate mortgages that fluctuate with the Central Bank Rate, KCB's campaign rate is fixed for the full tenure of your loan, whether that is 10 years or 25 years.
What is the maximum I can borrow?
KES 10.5 million under this campaign with the house valued at not more than Kes. 15M. The exact amount you qualify for depends on your income, existing obligations, and the property value. The minimum amount you can borrow is 500k.
Can I apply if I am self-employed?
Yes. Self-employed applicants and business owners are welcome. You will need 12 months of bank statements. The maximum tenure for self-employed borrowers is 15 years.
I already have a mortgage with KCB. Can I benefit?
Yes as long as it is not a KCB loan. If you are on an existing KCB mortgage scheme, you can access the 8.9% rate. Contact us to review your current terms.
How long does approval take?
Typically 2–7 days, depending on how quickly you submit documents and complete property valuation. KCB-financed projects often have faster turnaround due to pre-qualified properties.
Can diaspora Kenyans apply?
Absolutely. KCB has a dedicated diaspora mortgage channel. You can apply remotely, submit foreign income documentation, and structure repayments from abroad. Visit (Diaspora page).
What happens if I miss a payment?
We encourage you to contact us immediately if you anticipate difficulty. KCB offers restructuring options for borrowers facing genuine hardship. Consistent default, however, may lead to foreclosure.
When does this campaign end?
15 September 2026. Applications must be submitted and approved within this window to lock in the 8.9% fixed rate and 1.5% facility fee.
Ready to Own Your Home? Act Before 15 September 2026
This is a limited-time opportunity. Kenya's lowest fixed mortgage rate, 8.9%, is only available until 15 September 2026. After that, terms revert to standard pricing.
Whether you are buying your apartment, bungalow, maisonette, building on family land, or wishing to buy a plot and build, KCB has structured this campaign to get you into your home faster and for less.
Here is how to start:
· SMS: 'Mortgage' to 22522 and we will call you back
· Call: 0711 087000 / 0732 187000
· Email: [email protected]
· Visit any KCB branch nationwide and speak to a mortgage advisor
For People. For Better.
Regulated by the Central Bank of Kenya
