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The Mortgage Loan product is meant for Members to acquire property. The Mortgage Loan product is still under development/review.
FEATURES & CHARGES
• Maximum loan amount UGX 80,000,000
• Maximum loan period 48 months
• Interest ?% per annum
• Standing membership of 4 months
• Insurance premium .25%
• Land Title Registration 50,000
• URA Stamp Duty 2.5%
• Arrangement 1.5%
• Legal Fees 1%
• Valuation .25%
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REQUIREMENTS
• Employee Id
• Current pay slip
• Contract Letter
• Two Guarantors
• 10% shares of the loan amount
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