Diaspora home loans
Stanbic Bank is offering mortgage finance to the diaspora for the acquisition of completed houses, construction of new properties, property improvements and equity release.
Some of the benefits
Flexible
Flexible terms and conditions
Partnership
Strategic partnerships with suppliers of building materials
Support
Our home loans team is available to give you 24 hour service.
Peace of mind
Enjoy peace of mind with a roof over your head
How to get it
A notarized affidavit by a contactable Notary Public (through email) confirming the following.
- Valid passport
- Residence and work status- permit/ VISA
- Current pay slip plus two previous pay slips
- Current credit reference report
- Passport size photo
- Declaration of other loans
- Proof of transfer and bond registration fees
- Completed Home Loan application form.
- Personal balance sheet
- Proof of extra income if applicable
- Minimum duration of employment is 24 months with same employer.
- Copy of Zimbabwe identity document (Maximum age at maturity of loan 60 years)
- A local address to which Stanbic Bank will serve documents and or notices and service of process when need arise.
- Proof of Residence (3 months old and less) Banking - 6 months bank statements through which salary is deposited.
- Employment - letter of introduction from employer- confirming salary, retirement age, and contract of employment which should be long enough to cover loan term.
- Notarized special power of attorney for person signing the documents on behalf of applicant and their Know Your Customer documents (Certified Zimbabwean Identity Document and latest Proof of Residence not older than 3 months).
Requirements
- Click here to view/download requirements document
How much it costs
The borrower should have funds to meet the following costs
- Stamp Duty 3%
- Conveyancing Fees 4%
- VAT 15% of the conveyancing fees
- Sundries $200.00
- Bond registration costs 4% of bond value
- Valuation fees Up to 1% of loan approved
- Facility / Establishment fees 3% once off
- Application fees USD300.00
Get in touch
- Stanbic Centre, 64 Nelson Mandela Avenue, Harare
- Tel. +263 242-759471-9, 701287, 701288, 757627, 8677004288.
- Email: [email protected] and copy: [email protected]; [email protected]; [email protected]
-
How to get it
-
Requirements
-
How much it costs
-
Get in touch
A notarized affidavit by a contactable Notary Public (through email) confirming the following.
- Valid passport
- Residence and work status- permit/ VISA
- Current pay slip plus two previous pay slips
- Current credit reference report
- Passport size photo
- Declaration of other loans
- Proof of transfer and bond registration fees
- Completed Home Loan application form.
- Personal balance sheet
- Proof of extra income if applicable
- Minimum duration of employment is 24 months with same employer.
- Copy of Zimbabwe identity document (Maximum age at maturity of loan 60 years)
- A local address to which Stanbic Bank will serve documents and or notices and service of process when need arise.
- Proof of Residence (3 months old and less) Banking - 6 months bank statements through which salary is deposited.
- Employment - letter of introduction from employer- confirming salary, retirement age, and contract of employment which should be long enough to cover loan term.
- Notarized special power of attorney for person signing the documents on behalf of applicant and their Know Your Customer documents (Certified Zimbabwean Identity Document and latest Proof of Residence not older than 3 months).
- Click here to view/download requirements document
The borrower should have funds to meet the following costs
- Stamp Duty 3%
- Conveyancing Fees 4%
- VAT 15% of the conveyancing fees
- Sundries $200.00
- Bond registration costs 4% of bond value
- Valuation fees Up to 1% of loan approved
- Facility / Establishment fees 3% once off
- Application fees USD300.00
- Stanbic Centre, 64 Nelson Mandela Avenue, Harare
- Tel. +263 242-759471-9, 701287, 701288, 757627, 8677004288.
- Email: [email protected] and copy: [email protected]; [email protected]; [email protected]