There are specific sites which offer home loans and mortgages in Kenya. Below we list the best Saccos to join in Kenya if you want to get a loan to build your home.

Amref Sacco

Sacco loan amount—No maximum loan amount (Up to 4 times your deposit amount)

Interest rate—1.25% per month on reducing balance

Repayment period—Up to 10 years, equivalent of 120 months.

Finnlemm Sacco

Maximum loan amount—Ksh 20 million

Interest rate—1.125% per month

Kenya Police Sacco

Interest rate—9% per year

Repayment period—20 years

Loan maximum amount—Ksh 8 million

Loan processing fee—Ksh1,000

Stima Sacco

Interest rate—9% per year

Maximum loan amount—Ksh 105 million

Repayment period—up to 25 years

Safaricom Sacco

Loan amount—Up to 10 times your deposit amount

Interest rate—12% per year on reducing balance

Loan repayment period—Up to 20 years

Loan amount—Up to Ksh 20 million

Minimum value—Ksh 1.5 million

Harambee Sacco

Interest rate— 8% p.a for loans paid in less than 10 years and 9% p.a for loans over 10 years. Interest rate is calculated on a reducing balance

Maximum loan term—Up to 25 years

Minimum/Maximum Loan Amount—Ksh 500,000.00 – Ksh 4,000,000.00

Sheria Sacco Shamba Loan

Maximum loan amount—Ksh 5 million

Interest rate—1% per month

Deposit multiplier—5 times your deposit amount