+248 429 84 00
HOUSING FINANCE COMPANY
Complete Re-Roofing Scheme
The purpose of the loan is for complete re-roofing ONLY and not for other renovation
The purpose of the loan is for complete re-roofing ONLY and not for other renovation.
Only one re-roofing loan per household is allowed.
The maximum loan amount is SR100, 000.00 at an interest rate of 10% (variable) and a maximum loan term of 5 years.
Applicants must be over 18 years of age.
Applicant should be gainfully employed and earning less than SR15,000.00 net per month (proof is required).
Applicant should provide a guarantor who is gainfully employed. If applicant cannot provide sufficient proof of income, they will also need to provide a co-applicant.
The loan is disbursed by installments against pro-forma invoice/ quotation and upon building inspectors certification.
Applicant should provide latest pay slip, bank statement with at least 6 months’ transaction, ID card as well as proof of income if self-employed.