Kenya has unveiled a mortgage refining facility-Kenya Mortgage refinance company (kmrc), a short in the arm in President Uhuru Kenyatta’s affordable housing scheme under the Big Four Agenda. KMRC will provide long-term funds to primary mortgage lenders in order to increase the availability and affordability of mortgage loans to Kenyans.
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About Us. The Nigeria Mortgage Refinance Company (NMRC) is a private sector-driven mortgage refinancing company with the public purpose of promoting home ownership for Nigerians while deepening the primary and secondary mortgage markets. Its vision is to be the dominant housing partner in Nigeria, with a mission to break down barriers to home ownership by providing liquidity, affordability.
The funds will support the Kenya Mortgage Refinance Corporation. The World Bank has approved a USD250 million International Bank for Reconstruction and Development (IBRD) loan to support housing projects in Kenya. The funds are expected to enhance access to affordable housing finance for Kenyans who are unable to access long-term housing finance.
NIC Bank offers home loans / mortgage loans in Kenya with competitive interest rates with flexible repayments options. apply for mortgage loan at attractive mortgage rates.
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Kenya Mortgage Refinancing Company to receive Sh16.1 billion from World Bank. Secondly, Treasury has created a company to offer cheap loans to banks with specific instructions to target civil servants, self-employed persons or salaried employees with mortgages of up to 30 years to reduce pressure on repayments. The Kenya Mortgage Refinancing.
Britam Tower, a 31-storey office complex in Upper Hill, Nairobi, was officially opened to the public on Friday, overtaking the nearby UAP Old Mutual Tower as Kenya’s tallest skyscraper. The Sh7 billion tower, which sits on 1.5 acres on Hospital Road, comprises two separate buildings: a 31-storey office tower and a 15-storey parking silo with [.]
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