Financing Your Dream
Few people buy homes with cash. Mortgages make ownership possible. Learn your options here.
Banks Offering Mortgages
- Bank of Kigali
- I&M Bank Rwanda
- Equity Bank
- BPR Bank
- Cogebanque
Typical Requirements
- Down payment: 20-30%
- Stable income proof
- Good credit history
- Property valuation
- Insurance
Interest Rates
Rates vary by bank and loan type:
- Fixed rates: 16-18% yearly
- Variable rates: 14-17% yearly
- Terms: 5-20 years
Tips for Approval
- Save a bigger down payment
- Keep job stable for 2+ years
- Pay existing debts first
- Gather all documents early
Alternative Options
- Sacco loans: Lower rates for members
- Employer schemes: Some companies help
- Developer financing: Pay in installments
Start Today
Talk to banks now. Compare offers. Get pre-approved. Your dream home is closer than you think.