Is KMRC restricted to re-financing mortgage loans issued ONLY against properties developed under the Government Affordable Housing Programme (AHP)? No, KMRC re-finances residential home loans generated from properties built under the Government Affordable Housing Programme, private developers as well as from other players in the housing sector.

What types of housing loans are offered by KMRC? KMRC offers two categories of bulk loans to PMLs: Affordable Home Loans : These loans are upto KES 10.5 Million extended to borrowers to buy ready houses, build if they already own land or buy land and build a house. Market Home Loans : These loans...

What are the eligible properties under the affordable housing loans and market housing loans? KMRC offers funding for owner occupied titled residential properties.

Does KMRC assume credit risk for refinanced home loans? Origination and servicing of the loan remains with the Primary Mortgage Lender. If a loan pledged to KMRC becomes defective, the PML replaces it with an eligible loan.

Does KMRC directly refinance individuals or joint borrowers home loans? KMRC is a wholesale institution, thus, borrowers access funds from the participating banks and saccos.

How are individual borrowers benefiting from KMRCs re-financing initiative? Borrowers can access longer term home loans leading to lower monthly repayments thus improved disposable cashflow. Borrowers benefit from competitively priced loan oering in the market due to the increase in the number of institutions oering home...

Does KMRC partner with property developers? Yes. KMRC supports private developers on the housing demand side by ensuring that there is uptake through refinancing home loans. KMRC also links private developers with participating banks and SACCOs to promote visibility of the affordable housing...

Has KMRC embraced sustainability? KMRC has embedded sustainability in all its business operations.

Contacts OUR LOCATION 27th Floor, Old Mutual Tower, Upperhill Road, Upperhill, Nairobi. Postal Address P.O. Box 15494, 00100 Nairobi, Kenya EMAIL info@kmrc.co.ke communications@kmrc.co.ke PHONE +254 111 022 400

Mortgage Refinancing KMRC extends credit to its participating Primary Mortgage Lenders (PMLs), secured by mortgage loan portfolio that meet the KMRC eligibility Criteria. The Company does not acquire or hold mortgage loans in its books neither does it assume any direct...