Owning your home made possible,
Whether you need to construct, purchase or renovate a residential house, BPR offers you the possibility through its housing loan.
Who is eligible for this loan?
One who has been a client of BPR for at least one month and is trustworthy
What are the terms of this loan?
The Loan amount depends on client’s payback capacity (salary or other permanent income)
Loan amount is equivalent to not more than 80% of the house to be financed.
The client has to raise 20% of the cost as own equity
The required loan amount should be enough to fully construct/renovate/purchase the house
Loan payment period:
—Up to 10 years
— Grace period of 6 months for the construction/renovation to get finished
The loan is offered at very competitive rates, which favor our best clients.
What security is required for this loan?
The financed house
Any other hard collateral
Need to get insurance cover for the collateral
What else is required to get this loan?
The borrower has to present all the legal documents required for construction/ renovation or purchase of the house (these vary in the urban and rural setting).
With us, your dream home is achievable!!
Contact your BPR branch for more information.
Banki yacu, Hafi yacu.