Best Mortgages in Kisumu 2026
Compare 4+ mortgages from 4+ banks in Kisumu County. 68% of adults have access to financial services.
Kisumu County Financial Overview
Kisumu is the principal city of western Kenya and a major inland port on Lake Victoria. The city serves as the economic hub for the Lake Basin region with strong agricultural and fishing sectors.
Main Industries
Popular Financial Products
Banks Offering Mortgages in Kisumu
Compare Mortgages Available in Kisumu
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 Kisumu
- đĄFish traders should explore working capital loans from microfinance institutions
- đĄAgricultural loans often have lower rates - check for government-subsidized options
- đĄConsider SACCO loans for better rates if you're a member
- đĄCross-border traders can access trade finance for Uganda/Tanzania business
How to Apply for Mortgages in Kisumu
- Compare: Use PesaMarket to compare mortgages from 4+ 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 Kisumu 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 Kisumu
What are the best Mortgages in Kisumu County?
The best mortgages in Kisumu 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 Kisumu?
To apply for mortgages in Kisumu: 1) Compare products on PesaMarket to find the best rates. 2) Check eligibility requirements for your preferred option. 3) Visit a bank branch in Kisumu or Ahero 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 Kisumu County?
Major banks with branches in Kisumu include: KCB (8 branches - CBD, Kondele, Milimani); Equity Bank (7 branches - CBD, Kondele, Nyamasaria); Co-operative Bank (6 branches - CBD, Milimani, Ahero); ABSA (4 branches - CBD, Milimani). You can also access mobile banking and digital loans from anywhere in Kisumu.
What is the minimum salary to qualify for mortgages in Kisumu?
Minimum salary requirements for mortgages in Kisumu 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 Kisumu?
Some digital lenders in Kisumu 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 Nyanza Counties
Other Financial Products in Kisumu
Mortgages in Kisumu's Major Towns
Whether you're in Kisumu, Ahero, Maseno, Muhoroni, or any other part of Kisumu County, you can access mortgages from leading financial institutions. Kisumu has the most bank branches, but mobile banking and digital loans are available across the entire Nyanza region. Our platform helps you compare rates and find the best mortgages for your needs.
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Compare 4+ mortgages from top banks in Kisumu. Find the best rates and apply online today.