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CBA unveils mortgage plan for youth

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Commercial Bank of Africa (CBA) yesterday launched a new mortgage plan under which qualifying first-time homebuyers can receive up to 105 per cent mortgage financing of the property value.

Through its marketing campaign christened “105% Own Your Own Home (105OYOH),” the lender said it targets young working class individuals who have previously faced tedious processes to own a home.

“Even a 24-year-old with a minimum wage of Sh25,000 can now qualify to get a mortgage that can enable them move into their own home, which can be expanded over time as your income and family size grows,” said CBA Kenya chief executive Jeremy Ngunze.

                     

CBA unveils mortgage plan for youth Reviewed by on . Commercial Bank of Africa (CBA) yesterday launched a new mortgage plan under which qualifying first-time homebuyers can receive up to 105 per cent mortgage fina Commercial Bank of Africa (CBA) yesterday launched a new mortgage plan under which qualifying first-time homebuyers can receive up to 105 per cent mortgage fina Rating: 0
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