Loan General Terms Interest Rate-9% P.A. Repayment period-20 years. Loan processing fee-Kes.1,000. Loan limits(Nairobi and its Environs Max is 4M,Rural arrears is 3M) For Construction Home Loans Approved building Plans. Approved Structural drawings. Priced Bill of Quantities. Profiles for the Architect, Contractor and Quantity Surveyor. Valuation Report-To be done after the borrower has agreed to apply for the home loan. Copy of title to property being purchased/charged. For House Purchase Loans Sale Agreement duly signed by both parties and witnessed by a lawyer or offer for sale. Valuation Report-To be done after the borrower has agreed to apply for the home loan. Copy of title to property being purchased/charged. External Home Loan Costs to be met by borrower Legal fees-SACCO to provide a panel of lawyers. Stamp duty(4% urban&2% rural)-For house purchase cases only. Valuation fees-Kes.20,000 for land within Nairobi and its environs, Kes.25,000 outside Nairobi. For cases where the land has developments, Kes.25,000 within Nairobi and Kes.30,000 outside Nairobi. Stamp duty on charge-0.1% of the loan amount. Annual loan protection insurance premium-0.35% of the loan amount.