If you own a plot, get you EML faster by talking to us. With EML and Elsek, allow us to take away all the stress. Elsek and EML offers you wide range of end to end project management and financing solutions to suit your budget.
We build your home and you move in within 60 days and Pay up to 4 Years!
We offer hassle free application process compare to the tedious processes offered in the market. Procedures are as follows;
INDIVIDUAL HOUSES 50% MORTGAGE VALUE.
See Fee schedule as attached separate chart
After the Application form is received from the Elsek Mortgage Limited , we will require information documents about the customer.
If credit approved by the credit control, client will receive 3 original offer letters and a negotiation fee of 2% shall be charged
Feedback on application will be done within 2 working days on receipt of all documents.
In offer letter we have to mention the bank for the down payment deposit.
5% PER ANNUM INTEREST
Tittle Deed | Car Log Book | Employer Letter Of Undertaking | Sacco Letter Of Undertaking.
MORTGAGE PAYMENT PLAN
|Amount of the House||Down Payment||Completion||12 months||18 months||24 months||36 months||48 months|
|KES 500,000||KES 150,000||KES 100,000||KES 21,973||N/A||N/A||N/A|
|KES 750,000||KES 200,000||KES 175,000||KES 32,884||KES 25,059||N/A||N/A|
|KES 1,000,000||KES 300,000||KES 200,000||KES 43,845||KES 33,411||KES 22,977||N/A|
|KES 1,250,000||KES 325,000||KES 300,000||KES 54,807||KES 41,764||KES 28,722||N/A|
|KES 1,500,000||KES 400,000||KES 350,000||KES 65,768||KES 50,117||KES 34,466||N/A|
|KES 1,750,000||KES 475,000||KES 400,000||KES 76,729||KES 58,470||KES 40,210||N/A|
|KES 2,000,000||KES 550,000||KES 450,000||KES 87,691||KES 66,823||KES 45,955||N/A|
|KES 2,250,000||KES 650,000||KES 475,000||KES 98,652||KES 75,176||KES 51,699||KES 36,061|
|KES 2,500,000||KES 700,000||KES 550,000||KES 109,614||KES 83,528||KES 57,443||KES 40,068|
|KES 2,750,000||KES 750,000||KES 625,000||KES 120,575||KES 91,881||KES 63,188||KES 44,075|
|KES 3,000,000||KES 800,000||KES 700,000||KES 131,536||KES 100,234||KES 68,932||KES 48,081|
|KES 3,500,000||KES 1,000,000||KES 750,000||KES 153,459||KES 116,940||KES 80,421||KES 56,095|
|KES 4,000,000||KES 1,250,000||KES 750,000||KES 175,382||KES 91,909||KES 64,108||KES 50,225|
|KES 4,500,000||KES 1,250,000||KES 1,000,000||KES 197,304||KES 103,398||KES 72,122||KES 56,503|
FOR ABOVE KES 4,500,000 we have to discuss with customer face to face.
Interest rates are subject to change depending on market forces and inflation.
Questions, issues or concerns? I'd love to help you!