We pride ourselves to be the premier property finance institution with a variety of products to suit the need of Individual and Corporate members.We have led the Co-operative movement in provision of one of life’s main basic need i.e. shelter.
Our Products
With a well-founded need to provide housing as a basic need and worthwhile investment, many credit and savings societies in Kenya have facilitated the purchasing of plots of land for their members. By offering friendly payment terms, the SACCOs have made it possible for ordinary members to own parcels of land for the construction of residential homes. Unfortunately, insufficient funds, and inability to qualify for long term loans and mortgages, have rendered most of the members incapable of developing the plots. It is against this background that KUSCCO Housing Fund was conceptualised in 1996 to serve SACCOs and SACCO members.
- OBJECTIVES
- KUSCCO HOUSE MASTER LOAN
- GENERAL INFORMATION AND MEMBERSHIP REQUIREMENTS
- APPLY NOW
- ONLINE KHC
The KUSCCO Housing Co-operative offers an unbeatable mortgage scheme that aims to:
1. Extend loans for construction of houses/homes for SACCO members and office blocks for SACCOs;2. Facilitate outright purchase of residential houses
The housing fund has two main products:
1. KUSCCO Home Loan2. KUSCCO House Master Loan
The KUSCCO Housing Co-operative offers an unbeatable mortgage scheme that aims to:
1. Extend loans for construction of houses/homes for SACCO members and office blocks for SACCOs;2. Facilitate outright purchase of residential houses
The housing fund has two main products:
1. KUSCCO Home Loan2. KUSCCO House Master Loan
The KUSCCO Housing Co-operative offers an unbeatable mortgage scheme that aims to:
1. Extend loans for construction of houses/homes for SACCO members and office blocks for SACCOs;2. Facilitate outright purchase of residential houses
The housing fund has two main products:
1. KUSCCO Home Loan2. KUSCCO House Master Loan
NB KUSCCO will have a first legal charge on the property during the period of loan repayment
1. All KHC membership application forms must be forwarded through respective SACCOs2. Monthly remittance can be done through the SACCO, or other acceptable modes
3. The applicants current age plus the repayment period should not exceed 65 years
Home Buying
Own House/Home
1. Multiplier 5 times SavingsCommercial/ Rental Units
1. Multiplier 4 times SavingsConstruction Financing
Own House/Home
1. Multiplier 5 times SavingsCommercial/ Rental Units
1. Multiplier 4 times SavingsEquity Release
Own House/Home
1. Multiplier 5 times SavingsCommercial/ Rental Units
1. Multiplier 4 times SavingsBuying plot
Undeveloped
1. Multiplier 4 Times Savings2. Five year repayment period
KUSCCO QUALITY POLICY
