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House construction loan

Need to build your house? We can help you achieve it

House construction loan

It can be possible to start constructing your rentals or dream home with House Construction financing today

Some of the benefits

The best terms

Get up to 100% of the money with flexible repayment period up to 20 years

Custom made

Get a loan that matches your cash flow and unique borrowing needs

Support

Dedicated Home loans department that will support you through-out the loan application process

Insurance

With our home loans, you get access to affordable insurance from our trusted partners
What you get
  • Best interest rates on the market.
  • Big loan amounts up to UGX 1 Billion
  • Flexible repayment terms.
  • Enjoy no penalty charges on faster repayments.
  • Insurance (you are covered in case of property damage, or in the event of incapacitation or death).
  • Access services from our dedicated Home loans department that will offer support through-out the process.

 

What it costs
  1. Legal fees:
    • Stamp duty on mortgage 0.5% of loan amount.
    • Related registration costs.
    • Lawyer’s professional fees.
  2. Bank loan arrangement fees:
    1. 2% of loan amount.
  3. Property valuation:
    • Professional fees of 0.25% of value.
    • Value Added Tax.
    • Boundary opening fees.
  4. Insurance:
    • Property insurance.
    • Life insurance.

 

 

How to get it

Click on 'Apply now' and share your details or  contact our home loans department at [email protected] 

  • Must open an account with Stanbic
  • Must be earning some money (salary/Self-employed/Rental or all the three)
  • You must be a Ugandan citizen either living in Uganda or outside Uganda.
  • For non-Ugandans, you must be living in Uganda with valid residency permit and or work permit.
  • You should earn a minimum net monthly income of Ugx 1,000,000.
  • Must be 21 years or older (but not older than 65 years on expiration of the loan).
  • You must have a satisfactory credit bureau report.  
  • Bills of Quantities (statement showing works, prices of materials for building the house)
  • What you get
  • What it costs
  • How to get it
  • Best interest rates on the market.
  • Big loan amounts up to UGX 1 Billion
  • Flexible repayment terms.
  • Enjoy no penalty charges on faster repayments.
  • Insurance (you are covered in case of property damage, or in the event of incapacitation or death).
  • Access services from our dedicated Home loans department that will offer support through-out the process.

 

  1. Legal fees:
    • Stamp duty on mortgage 0.5% of loan amount.
    • Related registration costs.
    • Lawyer’s professional fees.
  2. Bank loan arrangement fees:
    1. 2% of loan amount.
  3. Property valuation:
    • Professional fees of 0.25% of value.
    • Value Added Tax.
    • Boundary opening fees.
  4. Insurance:
    • Property insurance.
    • Life insurance.

 

 

Click on 'Apply now' and share your details or  contact our home loans department at [email protected] 

  • Must open an account with Stanbic
  • Must be earning some money (salary/Self-employed/Rental or all the three)
  • You must be a Ugandan citizen either living in Uganda or outside Uganda.
  • For non-Ugandans, you must be living in Uganda with valid residency permit and or work permit.
  • You should earn a minimum net monthly income of Ugx 1,000,000.
  • Must be 21 years or older (but not older than 65 years on expiration of the loan).
  • You must have a satisfactory credit bureau report.  
  • Bills of Quantities (statement showing works, prices of materials for building the house)
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Have you identified land to buy or would you like to get in touch with reputable property developers? It can be possible to finance your goal to become a landowner with the Land Purchase Loan.

Platinum Credit Card
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