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Home >> Personal Banking >> Mortgage >> Attributes of a Good Home Mortgage
What are the attributes of a Good Home Mortgage?
At last, a mortgage product that's very open.

1. Accelerated Repayment Scheme
Accelerated Repayment Scheme offers the customer a great opportunity to repay the loan faster by increasing the monthly installments.

2. Flexible Loan Installments Plan
Often customers, parents and their children may wish to purchase properties together. This option helps such customers combine their incomes and take a long term home loan where the installment reduces upon retirement of the earning parent.

3. Project Certification
Project approval facility provides customers the comfort of purchasing properties from builders who have complied with all basic documentation.

4. Good Faith Estimate
Document provided by Co-operative Bank to a customer showing an estimate to include an itemized list of fees and costs associated with mortgage loans.

5. Insurance
Mortgage protection cover with a free medical cover limit of up to 15 million.

For more information, Contact us on 0202776000, 0729277600, 0736690101 or email customerservice@co-opbank.co.ke
 
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