KCB Bank Mortgage Types, & How to Apply

Looking forward to getting a mortgage from KCB Bank? This post will take you through all details related to the loan and application process.

Carson O.
5 Min Read
ScreenshotCourtesy - KCB

Buying a home is among the goals set to be achieved by many individuals not only in Kenya but in the rest of the world. One of the most popular ways of funding your home/house purchase or construction is through a mortgage. Therefore, if you look forward to getting a mortgage from KCB Bank, this post will take you through all details related to the loan and application process.

Just like Equity Bank, KCB offers an array of mortgage options to its clients. The KCB mortgage package enables you to buy or build your dream house, develop a property for letting as well as buy land and plots while enjoying the best mortgage rates in Kenya. In addition, KCB also provides a commercial mortgage product for any entrepreneur venturing into commercial real estate.

Here is the breakdown…

Home Loans

This loan facility enables KCB customers to purchase complete house units or construct homes either for residential or commercial purposes

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How do you apply for the Equity Bank Mortgage?

  1. Navigate to the KCB website. Follow this link.
  2. Scroll down to the bottom of the page and find a digital form. Fill in the information required as listed:
    • Full Name
    • Email Address
    • Phone Number
    • Select whether you are applying for the mortgage or just making an inquiry
    • Type in a custom message describing your Mortgage specifications
    • Click “Send Inquiry
  3. Wait for an email or phone call from KCB customer care who will direct you further.

What are the minimum requirements needed for the application?

KCB has several criteria that you must fulfil to be approved for their home mortgage package. These criteria are subdivided into four categories:

#1. Employed persons

  • Your pay slips for the last 3 months
  • A letter from the employer confirming your employment status
  • Bank statements for the latest 6 months
  • National ID or valid Passport
  • Your KRA PIN certificate
  • Three passport-size photographs
  • The sale agreement was duly signed by both parties and witnessed by a lawyer.
  • Title to the property being purchased/charged (minimum lease term must be at least 35 years)
  • Open a mortgage account with an opening balance of Kshs.10,000
  • A third of your basic salary is to be left to cater for your living expenses

#2. Self-Employed Persons & Partnerships

  • Bank statements for the last 12 months
  • Your KRA PIN Certificate
  • Certificate of Registration & Trading License
  • Partnership Deeds
  • Audited Books of Accounts
  • Income tax return
  • Tenancy agreements for rented properties/rental schedules

#3. Limited Companies & Investment Groups

  • Memorandum & Articles of Association
  • Certificate of Incorporation
  • Audited Books of Accounts
  • Your KRA PIN Certificate
  • Tax Compliance Certificate
  • Directors’ Resolution to Borrow

#4. Construction

  • Approved building plans
  • Approved structural drawings
  • Priced bills of quantities
  • Profiles for the architect, contractor and quantity surveyor
  • NEMA approval
  • NCA Certificate

What fees do you expect to be charged as you apply for the KCB Mortgage?

Internal Application Fees

  • Appraisal fees at 2.5% of the loan amount
  • Ledger fees of Kes 350 per month

External Application Fees

  • Legal fees
  • Stamp Duty
  • Valuation fees
  • Stamp duty on charge (0.1% of the loan amount)
  • Insurance to cover life and property

Mortgage Plus Fees

  • Negotiation Fee of 2.5% of the loan amount
  • Ledger Fee of Kes 350 per month.
  • Legal and valuation Fees
  • Stamp duty at 4% of the cost of property or value on the open market
  • Stamp duty on charge at 0.1% of the loan amount
  • Insurance premiums can be financed by KCB


As you apply for a mortgage to fund your housing dream, make sure you do your due diligence, by getting all information about this loan product and the different institutions that offer it. Filter and pick the best offer.

Click here to use our Mortgage Calculator

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I am a multi-faceted professional with a strong foundation in Business and Finance, honed since 2020. Additionally, I possess a deep passion for automobiles, serving as an avid car enthusiast. In parallel to my diverse interests, I am also a dedicated student pursuing a career in the medical field.
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