Paul Arithi 
Stanbic Bank Kenya makes home ownership easier with lowest mortgage rate in the market
- Stanbic’s limited-time home loan offering is at a fixed interest rate of 8.99% per annum.
- This is the lowest mortgage rate currently available in the Kenyan market.
- Offering will be available from November 15th, 2025, to February 15th, 2026.
Stanbic Bank Kenya has introduced a new, limited-time home loan offering at a fixed interest rate of 8.99% per annum.
Running from November 15th 2025 to February 15th, 2026, the move is aimed at making homeownership more attainable for aspiring buyers.This is the lowest mortgage rate currently available in the Kenyan market.
According to the Central Bank of Kenya’s 2023 Bank Supervision Report, the country’s mortgage market remains underpenetrated, with only around 26,000 active mortgage accounts nationwide.
With average mortgage interest rates at approximately 14.3%, many middle-income earners find homeownership financially out of reach.
Stanbic Bank’s limited time offering addresses the needs of aspiring buyers whose homeownership goals are often constrained by high interest rates and complex approval processes.
The offering is applicable to property values of up to KES 10.5 million, with a repayment period of up to 20 years.
Speaking at the launch, Mwaura Mwangi, Head of Products at Stanbic Bank Kenya, said: “We believe homeownership is a key milestone tied to financial security and personal achievement for every Kenyan professional.
The launch of our 8.99% p.a. home loan is a bold, decisive step to challenge the status quo.
It’s a clear, market-leading offer that says:‘Your home, your future, is now within reach.’ We are not just offering a product; we are delivering the emotional benefit of security and the functional benefit of affordable financing to the growing middle class.”
This initiative reflects Stanbic Bank’s broader commitment to deliver inclusive financial solutions and supports national efforts to expand access to dignified housing. Over 1,000 aspiring homeowners are expected to benefit from this limited time offer.
