The choice between SACCOs (Savings and Credit Cooperative Societies) and banks for real estate financing in Kenya depends on your individual circumstances and investment goals.

Both options have their advantages and disadvantages.

Most first time investors use Saccos as a gateway to begin investing in real estate, with a low barrier to entry and affordable loan options, this ensures investors get a head start into the world of real estate and puts them on a path to financial independence. 

Saccos are able to provide such loans without a look into your CRB status or whether you’ve been banking with them for a while to be able to access certain loan facilities, and the loan application process is quite easy. 

With low interest rates investors are able to take on larger risks and be able to expand their real estate portfolio. 

However good the case might be, commercial banks come in handy as they are not limited to only one region and are not dependent on the available amount in your account, and the deposits you’ve been making.

Also investors are able to invest in properties, all over the country and they aren’t tied to only the residential but also prime commercial properties in the area, this opens up a lot of opportunities in the type of real estate investments to partake in.

Investors are able to borrow large amounts of capital that can be used to develop their properties in a short duration of time. This frees up their time and energy to focus on growing their wealth. 

Commercial banks offer diverse financial products in the real estate sector which include; construction loans, mortgages, rent to own, refinancing and also offer advisory services to investors.

This enables investors to get up to date market information and finances set up more efficiently.

Key considerations to take into place when considering the two options include;

1. The loan amount you’re interested in, will determine which is the better option to go for.

2. The interest rates between the two institutions.

3. Repayment terms and conditions of each option.

4. Additional fees.

5. Eligibility Criteria. 

Ultimately, the best option for you will depend on your individual circumstances and investment goals. It's recommended to compare offers from multiple institutions and consult with a financial advisor to make an informed decision.

Some of our projects that offer bank financing include, Thika Grove Chania, Bliss Water Park Naivasha and also Homedirect. 

Contact us today to begin your investment on the right path 0709 677 377.