A mortgage in Kenya is a home loan provided by a bank or financial institution to help you purchase property by paying in installments over an agreed period. The property being purchased is used as security for the loan until it is fully repaid.

Most Kenyan mortgage providers offer repayment periods ranging from 10 to 25 years, with interest rates that may be fixed or variable. To qualify, buyers are typically required to provide a deposit (usually a percentage of the property value), proof of income, credit history, and relevant property documentation.

Mortgage financing in Kenya is available for both residential and investment properties, including apartments, villas, and townhouses. Buyers can apply as salaried employees, self-employed individuals, or through joint applications, depending on lender requirements.

At Florealtors, we assist buyers by helping them understand available mortgage options and connecting them with trusted lenders, making the home-buying process clearer and more manageable.