There are no search suggestions for:
Tailored for you
Get a Faulu Landlord Loan
to expand your business.
What is Faulu Landlord Loan?
The Landlord Loan is a flexible financing solution for landlords with developed rental properties, with repayments conveniently pegged to rental income.
Features
- Designed for landlords with stable rental income
- Flexible repayment terms
- Grace period of up to 6 months
- Accepts alternative securities
- Suitable for urban and municipal properties
How does it work?
- Open an account with Faulu Microfinance Bank
- Must be having a consistent rental income for the last 6 months as evidenced by the bank statements or Property Agent Statements
- Must have complied with the Local Authority Building regulations i.e. a maximum number of floors, road and wetlands reserves, wayleaves etc.
- Clean credit history evidenced by a credit reference bureau report
- Ability to repay
- Ownership Documents e.g. Title Deeds, Share Certificate, Allotment Letters etc.
- Visit a Faulu branch
- Submit property and rental income details
- Agree on loan terms and repayment structure
- Access funds upon approval
Want to know more about Landlord Loan?
If you want to know more, we've put together some frequently asked questions for you.
Landlords with developed rental properties and stable rental income.
Repayments are pegged to rental income.
Yes. Up to 6 months, subject to approval.
Let's talk
Share your details and we'll get in touch as soon as possible.