Overview
Do you need to purchase or complete your first home, purchase land, carry out home improvement, home extension, and home construction? The BANK OF AFRICA Home Loan is designed with you and your family in mind.
Home Purchase
Are you buying your first home? Let us help you get started. We will be with you the entire journey to your first house warming. Here is what you need to know.
- Enjoy discounted interest rates
- Financing options of up to 80% value of property
- Get amounts of up to UGX 1 Billion or USD 300,000 – limits may defer based on product type
- Flexible and affordable monthly repayments of up to 25 years -limits may defer based on product type
- Peace of mind with our home loan insurance covers
- Application fee – UGX 65,000
- Other variable fees including but not limited to valuation, security perfection fees can be accessed through credit pricing guide included in the services and products pricing guide here.
- Completed loan application form (provided by the bank) or apply online below this section
- Valuation report of property to be financed
- Sale agreement of property to be financed
- Copy of financial card
Salaried individuals specific requirements:
In addition to the above general requirements, please present the following;
- Copy of employment contract, appointment and confirmation letters
- Employer letter of undertaking
- 3 months’ salary account bank statement
- Employees authority to offset loan (for those borrowed in other banks)
Non-salaried individuals specific requirements:
In addition to the above general requirements, please present the following;
- Copy of trading license
- 6 months account bank statement
- Verifiable source of income
Calculate your indicative home loan
The calculator results below are based on the indicative interest rate and tenor calculated on the amount you enter. Actual rates and monthly repayments may differ and will be based on your personal conditions, employment, the loan amount and period.
Calculate in SHS
Equity Release
Unlock the value in your real estate to do more today. Here is what you need to know.
- Enjoy discounted interest rates
- Financing options of up to 80% value of property
- Get amounts of up to UGX 1 Billion or USD 300,000 – limits may defer based on product type
- Flexible and affordable monthly repayments of up to 25 years - limits may defer based on product type
- Peace of mind with our home loan insurance covers
- Application fee – UGX 65,000
- Other variable fees including but not limited to valuation, security perfection fees can be accessed through credit pricing guide included in the services and products pricing guide here.
- Completed loan application form (provided by the bank) or available online here
- Valuation report of property to be provided for equity release
- Copy of financial card
Salaried individuals specific requirements:
In addition to the above general requirements, please present the following;
- Copy of employment contract, appointment and confirmation letters
- Employer letter of undertaking
- 3 months’ salary account bank statement
- Employees authority to offset loan (for those borrowed in other banks)
Non-salaried individuals specific requirements:
In addition to the above general requirements, please present the following;
- Copy of trading license
- 6 months account bank statement
- Verifiable source of income
Land purchase
Are you buying your first plot of land to develop? Let us help you get started. We will be with you the entire journey to your first house warming. Here is what you need to know.
- Enjoy discounted interest rates
- Financing options of up to 80% value of property
- Get amounts of up to UGX 1 Billion or USD 300,000 – limits may defer based on product type
- Flexible and affordable monthly repayments of up to 6 years - limits may defer based on product type
- Peace of mind with our home loan insurance covers
- Application fee – UGX 65,000
- Other variable fees including but not limited to valuation, security perfection fees can be accessed through credit pricing guide included in the services and products pricing guide here.
- Completed loan application form (provided by the bank) or available online here
- Valuation report of land to be financed
- Sale agreement of land to be financed
- Copy of financial card
Salaried individuals specific requirements:
In addition to the above general requirements, please present the following;
- Copy of employment contract, appointment and confirmation letters
- Employer letter of undertaking
- 3 months’ salary account bank statement
- Employees authority to offset loan (for those borrowed in other banks)
Non-salaried individuals specific requirements:
In addition to the above general requirements, please present the following;
- Copy of trading license
- 6 months account bank statement
- Verifiable source of income
Calculate in SHS
Refinance
Take advantage of our lower rates and move your mortgage to BANK OF AFRICA. Let us help you get started. Here is what you need to know.
- Enjoy discounted interest rates
- Financing options of up to 80% value of property
- Get amounts of up to UGX 1 Billion or USD 300,000 – limits may defer based on product type
- Flexible and affordable monthly repayments of up to 25 years - limits may defer based on product type
- Peace of mind with our home loan insurance covers
- Application fee – UGX 65,000
- Other variable fees including but not limited to valuation, security perfection fees can be accessed through credit pricing guide included in the services and products pricing guide here.
- Completed loan application form (provided by the bank) or available online here
- Valuation report of property to be financed
- Approved building plans (Home construction)
- Copy of financial card
Salaried individuals specific requirements:
In addition to the above general requirements, please present the following;
- Copy of employment contract, appointment and confirmation letters
- Employer letter of undertaking
- 3 months’ salary account bank statement
- Employees authority to offset loan (for those borrowed in other banks)
Non-salaried individuals specific requirements:
In addition to the above general requirements, please present the following;
- Copy of trading license
- 6 months account bank statement
- Verifiable source of income
Land title processing loan
Are you looking to process a land title for your undeveloped or developed land? Let us help you get started. We will be with you the entire journey to receiving your first title. Here is what you need to know.
- Enjoy discounted interest rates
- Financing options of up to 100% of the title processing cost
- Get amounts of up to UGX 30,000,000
- Flexible and affordable monthly repayments of up to 3 years
- Application fee – UGX 65,000
- Other variable fees including but not limited to valuation, security perfection fees can be accessed through credit pricing guide included in the services and products pricing guide here.
- Completed loan application form (provided by the bank) or available online here
- Valuation report of land to be financed
- Land titling documentation and invoice from respective land board
- Sale agreement of property to be financed
- Copy of financial card
Salaried individuals specific requirements:
In addition to the above general requirements, please present the following;
- Copy of employment contract, appointment and confirmation letters
- Employer letter of undertaking
- 3 months’ salary account bank statement
- Employees authority to offset loan (for those borrowed in other banks)
Non-salaried individuals specific requirements:
In addition to the above general requirements, please present the following;
- Copy of trading license
- 6 months account bank statement
- Verifiable source of income
Calculate your indicative loan
The calculator results below are based on the indicative interest rate and tenor calculated on the amount you enter. Actual rates and monthly repayments may differ and will be based on your personal conditions, employment, the loan amount and period.
Calculate in SHS
Home improvement
Are you looking to renovate your home or give your space a modern look? Let us help you get started. We will be with you the entire journey. Here is what you need to know.
- Enjoy discounted interest rates
- Financing options of up to 80% value of property
- Get amounts of up to UGX 1 Billion or USD 300,000 – limits may defer based on product type
- Flexible and affordable monthly repayments of up to 15 years
- Peace of mind with our home loan insurance covers
- Application fee – UGX 65,000
- Other variable fees including but not limited to valuation, security perfection fees can be accessed through credit pricing guide included in the services and products pricing guide here.
- Completed loan application form (provided by the bank) or available online here
- Valuation report of property to be financed
- Copy of bills of quantities for construction or renovation
- Copy of financial card
Salaried individuals specific requirements:
In addition to the above general requirements, please present the following;
- Copy of employment contract, appointment and confirmation letters
- Employer letter of undertaking
- 3 months’ salary account bank statement
- Employees authority to offset loan (for those borrowed in other banks)
Non-salaried individuals specific requirements:
In addition to the above general requirements, please present the following;
- Copy of trading license
- 6 months account bank statement
- Verifiable source of income
Calculate your indicative loan
The calculator results below are based on the indicative interest rate and tenor calculated on the amount you enter. Actual rates and monthly repayments may differ and will be based on your personal conditions, employment, the loan amount and period.
Calculate in SHS
Home Purchase
Are you buying your first home? Let us help you get started. We will be with you the entire journey to your first house warming. Here is what you need to know.
- Enjoy discounted interest rates
- Financing options of up to 80% value of property
- Get amounts of up to UGX 1 Billion or USD 300,000 – limits may defer based on product type
- Flexible and affordable monthly repayments of up to 25 years -limits may defer based on product type
- Peace of mind with our home loan insurance covers
- Application fee – UGX 65,000
- Other variable fees including but not limited to valuation, security perfection fees can be accessed through credit pricing guide included in the services and products pricing guide here.
- Completed loan application form (provided by the bank) or apply online below this section
- Valuation report of property to be financed
- Sale agreement of property to be financed
- Copy of financial card
Salaried individuals specific requirements:
In addition to the above general requirements, please present the following;
- Copy of employment contract, appointment and confirmation letters
- Employer letter of undertaking
- 3 months’ salary account bank statement
- Employees authority to offset loan (for those borrowed in other banks)
Non-salaried individuals specific requirements:
In addition to the above general requirements, please present the following;
- Copy of trading license
- 6 months account bank statement
- Verifiable source of income
Calculate your indicative home loan
The calculator results below are based on the indicative interest rate and tenor calculated on the amount you enter. Actual rates and monthly repayments may differ and will be based on your personal conditions, employment, the loan amount and period.
Calculate in SHS
Equity Release
Unlock the value in your real estate to do more today. Here is what you need to know.
- Enjoy discounted interest rates
- Financing options of up to 80% value of property
- Get amounts of up to UGX 1 Billion or USD 300,000 – limits may defer based on product type
- Flexible and affordable monthly repayments of up to 25 years - limits may defer based on product type
- Peace of mind with our home loan insurance covers
- Application fee – UGX 65,000
- Other variable fees including but not limited to valuation, security perfection fees can be accessed through credit pricing guide included in the services and products pricing guide here.
- Completed loan application form (provided by the bank) or available online here
- Valuation report of property to be provided for equity release
- Copy of financial card
Salaried individuals specific requirements:
In addition to the above general requirements, please present the following;
- Copy of employment contract, appointment and confirmation letters
- Employer letter of undertaking
- 3 months’ salary account bank statement
- Employees authority to offset loan (for those borrowed in other banks)
Non-salaried individuals specific requirements:
In addition to the above general requirements, please present the following;
- Copy of trading license
- 6 months account bank statement
- Verifiable source of income
Land purchase
Are you buying your first plot of land to develop? Let us help you get started. We will be with you the entire journey to your first house warming. Here is what you need to know.
- Enjoy discounted interest rates
- Financing options of up to 80% value of property
- Get amounts of up to UGX 1 Billion or USD 300,000 – limits may defer based on product type
- Flexible and affordable monthly repayments of up to 6 years - limits may defer based on product type
- Peace of mind with our home loan insurance covers
- Application fee – UGX 65,000
- Other variable fees including but not limited to valuation, security perfection fees can be accessed through credit pricing guide included in the services and products pricing guide here.
- Completed loan application form (provided by the bank) or available online here
- Valuation report of land to be financed
- Sale agreement of land to be financed
- Copy of financial card
Salaried individuals specific requirements:
In addition to the above general requirements, please present the following;
- Copy of employment contract, appointment and confirmation letters
- Employer letter of undertaking
- 3 months’ salary account bank statement
- Employees authority to offset loan (for those borrowed in other banks)
Non-salaried individuals specific requirements:
In addition to the above general requirements, please present the following;
- Copy of trading license
- 6 months account bank statement
- Verifiable source of income
Calculate in SHS
Refinance
Take advantage of our lower rates and move your mortgage to BANK OF AFRICA. Let us help you get started. Here is what you need to know.
- Enjoy discounted interest rates
- Financing options of up to 80% value of property
- Get amounts of up to UGX 1 Billion or USD 300,000 – limits may defer based on product type
- Flexible and affordable monthly repayments of up to 25 years - limits may defer based on product type
- Peace of mind with our home loan insurance covers
- Application fee – UGX 65,000
- Other variable fees including but not limited to valuation, security perfection fees can be accessed through credit pricing guide included in the services and products pricing guide here.
- Completed loan application form (provided by the bank) or available online here
- Valuation report of property to be financed
- Approved building plans (Home construction)
- Copy of financial card
Salaried individuals specific requirements:
In addition to the above general requirements, please present the following;
- Copy of employment contract, appointment and confirmation letters
- Employer letter of undertaking
- 3 months’ salary account bank statement
- Employees authority to offset loan (for those borrowed in other banks)
Non-salaried individuals specific requirements:
In addition to the above general requirements, please present the following;
- Copy of trading license
- 6 months account bank statement
- Verifiable source of income
Home improvement
Are you looking to renovate your home or give your space a modern look? Let us help you get started. We will be with you the entire journey. Here is what you need to know.
- Enjoy discounted interest rates
- Financing options of up to 80% value of property
- Get amounts of up to UGX 1 Billion or USD 300,000 – limits may defer based on product type
- Flexible and affordable monthly repayments of up to 15 years
- Peace of mind with our home loan insurance covers
- Application fee – UGX 65,000
- Other variable fees including but not limited to valuation, security perfection fees can be accessed through credit pricing guide included in the services and products pricing guide here.
- Completed loan application form (provided by the bank) or available online here
- Valuation report of property to be financed
- Copy of bills of quantities for construction or renovation
- Copy of financial card
Salaried individuals specific requirements:
In addition to the above general requirements, please present the following;
- Copy of employment contract, appointment and confirmation letters
- Employer letter of undertaking
- 3 months’ salary account bank statement
- Employees authority to offset loan (for those borrowed in other banks)
Non-salaried individuals specific requirements:
In addition to the above general requirements, please present the following;
- Copy of trading license
- 6 months account bank statement
- Verifiable source of income
Calculate your indicative loan
The calculator results below are based on the indicative interest rate and tenor calculated on the amount you enter. Actual rates and monthly repayments may differ and will be based on your personal conditions, employment, the loan amount and period.
Calculate in SHS
Ways To Apply
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