The Diaspora Step-up home loan mortgage offers the Diaspora community a chance to invest back home with little initial investment for a lifelong investment. At I&M Bank, we give the Diaspora customers customised mortgage facilities that suites their needs.
- Repayment period of up to 15 years
- Financing of up to 70% – 90% of purchase price
- Loan of up to KES 100 M
- Mortgage available in KE Shillings and USD
- Step-up repayment option available
- Deal facilitation- we assist you in purchase process
Wide range of financing options including but not limited to:
- Purchase of fully developed property
- Plot or land purchase
- Mortgage take-over
- Equity release on developed properties
Unique Step-up feature
With the optional unique Step up Home Loan option available with this facility, you can choose to pay lesser monthly repayments in the initial years and higher amounts in later years, there by matching your repayments to your future growing income.