Thinking about buying your first home but feeling overwhelmed by all the upfront costs? You’re not alone—and Absa Bank Kenya is stepping up with a powerful solution.
The bank has just rolled out an enhanced home loan offering 110% financing, making it possible for more Kenyans to finally step onto the property ladder with confidence. Whether you’re purchasing a new home or remortgaging an existing one, this revamped solution is designed with your needs—and your budget—in mind.
What’s New?
The standout feature here is the 110% financing. That means Absa isn’t just helping you cover the price of the property—they’re also taking care of additional costs like:
- Stamp duty
- Legal fees
- Valuation charges
Basically, all the extra expenses that often delay or derail the home-buying journey are now part of the package.
Who Can Apply?
This offer is open to:
- Salaried individuals
- SME owners
- Kenyans in the diaspora
So, whether you’re working locally or living abroad, Absa has created a path to homeownership that works for you.
Flexible & Affordable
With competitive interest rates and repayment periods of up to 25 years, this loan makes it easier to manage your monthly finances while investing in your future.
“We understand that for many, a home is more than just a place to live—it’s a symbol of security and a long-term investment. That’s why we’ve created a solution that eases upfront costs and provides predictable payments,” said Beatrice Chege, Head of Mortgage Business at Absa Bank Kenya.
Tackling a National Challenge
Homeownership in Kenya has been on the decline. According to the Kenya National Bureau of Statistics (KNBS), the rate dropped from 64% in 2013 to 61% in recent years. Rising living costs and stagnant wages have made it harder for people to save while chasing their dream home.
Absa’s new offering directly addresses this issue, aiming to close that gap and help more Kenyans secure homes without sacrificing their financial well-being.
“Homeownership shouldn’t come at the cost of your financial freedom,” Ms. Chege added. “Our goal is to walk with customers—not just to unlock housing, but to build lives of value and dignity.”
Ready to Take the First Step?
Whether you’re dreaming of a cozy apartment, a family home, or looking to invest for the future, Absa’s 110% mortgage solution could be the game-changer you’ve been waiting for.
👉 Learn more at www.absa.co.ke/homeloans
Or visit your nearest Absa branch to speak with a Home Loan Specialist.
