Construction Loan
Build your own home or become a landlord with up to 100% financing, depending on the project, and repayment periods tailored to you. It can be used as an investment loan for alternative-income projects such as building construct multiple residential dwellings. Features Maximum loan amount determined by borrower’s income. Flexible repayment period, determined by borrower’s
Build your own home or become a landlord with up to 100% financing, depending on the project, and repayment periods tailored to you. It can be used as an investment loan for alternative-income projects such as building construct multiple residential dwellings.
Features
- Maximum loan amount determined by borrower’s income.
- Flexible repayment period, determined by borrower’s age.
- Loan is insured against death or permanent disability.
- Mortgage Protection and Fire Policy Insurance are required.
- Interest rate is calculated on a reducing balance basis.
- Available in TZS and USD.
- Can be charged in foreign currency subject to your source of income.