Absa Bank Kenya has clarified that mortgage approval is not the final step in homeownership, emphasizing the critical legal and administrative processes that follow before property transfer.

• Securing a mortgage is only "half the journey," according to Beatrice Chege, Absa Bank Kenya Head of Mortgage.
• The post-approval stage involves ownership verification, legal documentation, tax payments, and property registration, often requiring interaction with platforms like Ardhisasa.
• Borrowers must budget for additional costs such as stamp duty, legal fees, and insurance, and may face delays due to document processing and borrower disengagement.