NCBA Showcases 105% Mortgage Financing and Affordable Housing Solutions at Inaugural Kisumu Property Tour

NCBA hosted its inaugural Kisumu Property Investment Tour, reinforcing its commitment to expanding access to homeownership in Western Kenya. The tour showcased the Bank’s property financing solutions, including Affordable Housing mortgages, Easy Build loans, Solar Leasing, standard mortgages, plot financing and construction financing.

Building on similar engagements in Nairobi and Mombasa, the Kisumu tour gave aspiring homeowners and investors a practical view of the local property market by connecting them with trusted developers, industry experts and flexible financing options.

As Kisumu strengthens its position as a commercial and investment hub, demand for quality housing continues to rise. Infrastructure development, regional air connectivity, planned railway expansion, population growth, and investment across retail, hospitality and education are making the city increasingly attractive to homebuyers and investors.

According to a 2022 report by the Kenya Mortgage Refinance Company (KMRC), homeownership in Kisumu stood at approximately 57.8%, leaving an estimated 42.2% of urban households renting. This underscores the need for accessible financing solutions that empower more families to transition into homeownership.

Speaking on the engagement, Dennis Njau, Group Director – Retail Banking, NCBA, said: “At NCBA, our purpose of Banking on Belief, Empowering Ambition guides everything we do. We believe homeownership is a powerful catalyst for financial security, wealth creation and long-term prosperity. The Kisumu Property Investment Tour reflects our commitment to equipping Kenyans with the knowledge, trusted partnerships and innovative financing solutions they need to make informed property investment decisions with confidence. Whether purchasing an Affordable Housing unit, acquiring land through Easy Build, investing in a completed home or adopting clean energy through Solar Leasing, NCBA is committed to supporting customers at every stage of their property ownership journey, enabling them to turn their ambitions into lasting legacies

During the tour, participants visited four residential developments: Anderson Park, Jamii Jua, NHC Kanyakwar and California Gardens. Together, these projects showcase a diverse mix of housing options ranging from Affordable Housing developments to premium residential communities, catering to first-time homeowners, families and investors alike.

Participants also engaged legal experts, valuers, property developers and NCBA property finance specialists, gaining practical insights into due diligence, ownership documentation, mortgage structuring, affordability assessments, insurance and financing options.

The tour highlighted NCBA’s property financing ecosystem, including KMRC-backed Affordable Housing mortgages priced at 9.5% fixed interest rate, standard residential mortgages, plot financing, construction financing, Easy Build, equity release solutions and the just launched Solar Leasing value proposition. Together, these offerings create flexible pathways for customers to buy, build, finance and sustainably power their homes.

The tour also demonstrated NCBA’s sustainability focus, with participants travelling between developments using electric buses as part of the Bank’s commitment to environmentally responsible solutions and sustainable communities.

NCBA continues to support homeownership through partnerships with leading developers, including NHC, SIC, Jamii Jua and Shelter Afrique. The Bank also serves diaspora customers through its Kisumu branches, with Easy Build enabling diaspora to purchase land and undertake phased construction through counsel by a consortium of experts including Architects, Quantity Surveyors and Contractors working with the Bank, while living and working overseas.

Beyond property showcases, NCBA offers up to 105% mortgage financing to reduce upfront costs, construction financing, buy-and-build solutions, expert project support from in-house quantity surveyors and competitive home insurance, providing end-to-end support from acquisition through long-term homeownership.

Following the success of the Kisumu Property Investment Tour, NCBA plans to roll out similar initiatives nationwide, expanding access to property investment opportunities, expert guidance and innovative financing solutions that empower more Kenyans to own homes with confidence.

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