NMB Mortgages

NMB Bank offers mortgage loans for the purchase of stands, houses, home extensions and improvements. Home improvements may include but are not limited to boreholes, driveways, swimming pools, perimeter walls, electric gates, solar lighting and heating systems.

We also offer mortgage finance under the employer-assisted housing schemes, where advances are given to employees against employer investments. Loans under this scheme are offered at significantly lower interest rates. In addition, no initial deposit is required.

Individual Mortgage Requirements
Corporate Mortgage Requirements
Diaspora Mortgage Requirements

Home Improvement Loan

We offer Home Improvement Loan facility with a repayment period of up to 5 years. Home improvements may include but are not limited to boreholes, driveways, swimming pools, perimeter walls, electric gates, solar lighting and heating systems and property renovations.

Home Improvement Loan Requirements

Property Re-mortgage or Equity Release

We have introduced a property re-mortgage product (Equity Release), which enables a person with a fully paid for residential property to apply for a loan leveraged against the value of that property. The loan may be used for investment purposes and other related business ventures.

Equity Release or Mortgage Refinancing or Property Remortgage

Dream House Savings Account

This is a Mortgage lending related product suited for individuals who want to save towards the 25% deposit requirement for a Mortgage loan.Upon raising the required deposit through the Dream House Savings account, one can then apply for a Mortgage loan which is subject to the relevant terms and conditions.

It is a zero cost account with no withdrawal fees and monthly service fees. The account should have a minimum balance of US$50, and regular deposits should be made into it. The minimum investment period before any withdrawals can be made is 12 months. An Interest rate of up to 7% p.a is earned on an incremental balance basis and capitalised monthly. This means that you earn more interest on a higher balance.

Dream House Savings Account Application Form

Related downloads

Mortgage Loan Application and Home improvement form