The word mortgage comes from Old French, meaning death pledge, referring to the loan ending when fully repaid.
Risk-based pricing is a financial strategy where lenders set interest rates and loan terms based on an individual borrower’s creditworthiness and associated risk profile. In Kenya, this approach has gained prominence as banks seek to align loan pricing more closely
For many Kenyans, saving for a down payment on a home can be a significant barrier to homeownership. Traditional mortgages often require an upfront payment of 10% to 20% of the property’s value, which can take years to save. Enter
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Legal Fees and Other Hidden Costs of Buying Property in Kenya
Buying a property in Kenya is an exciting milestone, but it’s also a financial commitment that goes beyond the purchase price. Many prospective homeowners overlook the additional costs involved, leading to unexpected surprises during the process. This blog post provides