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August 21, 2026
2h ago

Co-op Bank Explains How Young Kenyans Can Access 100% Mortgage Financing

Co-op Bank Explains How Young Kenyans Can Access 100% Mortgage Financing

Even someone earning Ksh50,000 can qualify, depending on the monthly repayment they are willing to make...

✨ Key Highlights

Co-op Bank is now offering young Kenyans a groundbreaking 100% mortgage financing option up to Ksh10.5 million through the Kenya Mortgage Refinance Company (KMRC) scheme.

  • The mortgage facility provides 100% financing for property purchases, with a maximum loan amount of Ksh10.5 million and a property value limit of Ksh15 million.
  • Key personnel include Evan Mwangi, Acting Head of Retail Mortgage at Co-op Bank, who announced the initiative at Co-op Bank Youth Forums.
  • The interest rate is set at 9.5% with a repayment period of up to 25 years for salaried borrowers, aimed at assisting those who cannot afford a traditional deposit.

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