KE
TZ
UG
GROUP
Property Loans
Residential Mortgage
NCBA is here to help you get your dream home. With flexible repayment terms, competitive pricing and up to 80% financing, becoming a homeowner is now an achievable goal.
Features
- Loan financing amount of up to 80% for either property purchase or construction loans.
- Mortgage repayment periods of up to 20 years.
- Maximum applicable interest rate of 16% per annum.
Income Generating Mortgage
This is a loan product available to individuals or companies that would like to finance properties for rental purposes.
Build or purchase property and become a landlord with up to 70% financing, depending on the project.
Features
- Financing is according to the collateral value of property.
- Repayment period of up to 10 years.
- Maximum applicable interest rate of 16% per annum.
Mortgage 105%
This is a home ownership solution tailored for 1st-time homeowners and those seeking to invest in another primary residence. With this home ownership financing solution, you can buy or build a new home with financing up to 105% of the property value.
If you are an aspiring first-time homeowner, NCBA’s 105% Mortgage is your number ONE option. Set aside your deposit for that special side hustle and build your business, our 105% mortgage finance makes it all possible.
Benefits include:
- No down payment/deposit required.
- Repayment period of up to 20 years.
- A pre-approved VISA credit card to assist with all other household requirements.
- Insurance Covers and we also cater for the bank charges with this solution
Requirements
To qualify for Mortgage 105%, you must have
- Proof of source of payment for the requested loan (Salary or business proceeds)
- Property valuation report (to be bought or built)
- Identification
- Provisional sales agreement from the seller
- Financial statements for the last 3 years (For business owners)
- Company profile for business owners
- Employment contract (Salary earners)
- Payslip for the last 3 months (salary earners)
- Bank statements for the last 12 months
- Construction permit
- Bills of quantities
Note: The loan approval process takes a maximum of 4 days after receiving all required documents.
Real Estate Finance Loan
Get up to 90% of the value of the ready or off-plan residential units you are looking to buy within Kampala metropolitan and major urban and rural areas within major towns.
Becoming a home-owner is now an achievable goal with NCBA Bank, with flexible terms and repayment periods of up to 25 years.
Features
- Financing is up to 70% of the cost of construction.
- Flexible terms and repayment periods tailored specifically to your project.
- Loan amount is determined by business financing needs and serviceability.
- Repayment period of up to 60 months on construction loans.
- Repayment period of up to 60 months on property purchase loans.
We have partnered with all your favourite remittance apps
Massa a nulla lacus feugiat amet vitae. Lobortis ultrices nulla fusce consectetur mauris.
Vitae elementum diam aliquam dolor vitae massa arcu adipiscing. Quis lectus ultrices ut non neque volutpat ultricies ut adipiscing.
English