Housing loan

Housing loans are linked to home purchase savings accounts. A housing loan will be given subject to members’ savings accounts and history, their repayment capacity as well as availability of funding. We work with building societies to be able to advance housing loans. Properties purchased under this loan will remain mortgaged until the loan is fully repaid.

Eligibility

Members are eligible to apply for housing loans from the SMEAZ SACCOS, subject to the limit of their shares and savings as well as ability to repay. One needs to have been a member for at least one year before one can apply for a housing loan. It will also be subject to the availability of mortgage finance.

For non-members we will recommend and refer you to financial institutions providing mortgage finance.

APPLY FOR LOAN

Click on the button below to apply for a loan.