Best Mortgages in Kakamega 2026
Compare 4+ mortgages from 3+ banks in Kakamega County. 62% of adults have access to financial services.
Kakamega County Financial Overview
Kakamega is the headquarters of the former Western Province and hosts the largest indigenous forest in Kenya. The sugar industry and small-scale gold mining are significant economic activities.
Main Industries
Popular Financial Products
Banks Offering Mortgages in Kakamega
Compare Mortgages Available in Kakamega
Co-op KMRC Mortgage
FeaturedCo-operative Bank of Kenya
9.9% - 9.9%p.a.
KES 1,000,000 - KES 4,000,000
- âLowest mortgage rate in Kenya at 9.9%
- âKMRC-backed affordable housing initiative
Equity Home Loan
FeaturedEquity Bank Kenya
11% - 13%p.a.
KES 500,000 - KES 50,000,000
- âCompetitive rates from 11%
- âUp to 95% financing
KCB Home Loan
FeaturedKenya Commercial Bank
11.5% - 13.5%p.a.
KES 500,000 - KES 100,000,000
- âUp to 100% financing for salaried employees
- âLoans up to KES 100 million
Stanbic KMRC Home Loan
FeaturedStanbic Bank Kenya
9.5% - 9.5%p.a.
KES 1,000,000 - KES 4,000,000
- âKenya's lowest mortgage rate at 9.5%
- âKMRC government-backed affordable housing
Tips for Getting Mortgages in Kakamega
- đĄSugar cane farmers can access advance payments from millers
- đĄSACCOs are strong in Western Kenya - explore member rates
- đĄConsider mobile loans for small amounts under KES 50,000
- đĄBodaboda operators can find asset financing for motorcycles
How to Apply for Mortgages in Kakamega
- Compare: Use PesaMarket to compare mortgages from 3+ banks
- Check eligibility: Review requirements for your preferred product - income, age, CRB status
- Gather documents: Prepare ID, KRA PIN, payslips or M-Pesa statements
- Apply: Visit a branch in Kakamega or apply online through the bank's website/app
- Wait for approval: Most mortgages are processed within 24-72 hours
Frequently Asked Questions: Mortgages in Kakamega
What are the best Mortgages in Kakamega County?
The best mortgages in Kakamega include products from KCB, Equity Bank, Co-operative Bank. Interest rates start from around 10.5% p.a. depending on the product and your credit profile. Compare all 4+ options on PesaMarket to find the best fit for your needs.
How do I apply for mortgages in Kakamega?
To apply for mortgages in Kakamega: 1) Compare products on PesaMarket to find the best rates. 2) Check eligibility requirements for your preferred option. 3) Visit a bank branch in Kakamega or Mumias or apply online. 4) Submit required documents including ID, KRA PIN, and proof of income. Most applications are processed within 24-48 hours.
Which banks have branches in Kakamega County?
Major banks with branches in Kakamega include: KCB (5 branches - Kakamega, Mumias, Butere); Equity Bank (5 branches - Kakamega, Mumias, Malava); Co-operative Bank (4 branches - Kakamega, Mumias). You can also access mobile banking and digital loans from anywhere in Kakamega.
What is the minimum salary to qualify for mortgages in Kakamega?
Minimum salary requirements for mortgages in Kakamega vary by provider. Most banks require a minimum monthly income of KES 15,000-30,000 for personal loans. Digital lenders like Branch, Tala, and M-Shwari have lower requirements. Self-employed individuals can qualify with 6+ months of M-Pesa statements or business records.
Are there mortgages without CRB check in Kakamega?
Some digital lenders in Kakamega offer mortgages with flexible CRB requirements. M-Shwari, Fuliza, and some app-based lenders may approve loans for first-time borrowers or those rebuilding credit. However, most banks will check your CRB status. You can check your CRB report for free once a year at any CRB bureau.
Mortgages in Nearby Western Counties
Other Financial Products in Kakamega
Mortgages in Kakamega's Major Towns
Whether you're in Kakamega, Mumias, Butere, Khayega, or any other part of Kakamega County, you can access mortgages from leading financial institutions. Kakamega has the most bank branches, but mobile banking and digital loans are available across the entire Western region. Our platform helps you compare rates and find the best mortgages for your needs.
Ready to Apply?
Compare 4+ mortgages from top banks in Kakamega. Find the best rates and apply online today.