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 confirming identity, residence and work status
Passport size photo taken within 6 months of application
Certified copy of Zimbabwe identity document (Maximum age at maturity of loan 60 years)
Certified Work and residence permit/ VISA
Certified copy of valid passport
Certified current pay slip plus two previous pay slips
Certified copy of Proof of Residence (3 months old and less)
Stamped letter of introduction from employer- confirming salary, retirement age, and contract of employment which should be long enough to cover loan term
Certified 6 months bank statements through which salary is paid
Declaration of other loans
A local address to which Stanbic Bank will serve documents and or notices and service of process when need arise
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)
Current credit reference report
Proof of transfer and bond registration fees
Completed Home Loan application form
Personal balance sheet
Minimum duration of employment is 24 months with same employer
Proof of extra income if applicable

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 2% once off
Application fees USD100.00

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 confirming identity, residence and work status
Passport size photo taken within 6 months of application
Certified copy of Zimbabwe identity document (Maximum age at maturity of loan 60 years)
Certified Work and residence permit/ VISA
Certified copy of valid passport
Certified current pay slip plus two previous pay slips
Certified copy of Proof of Residence (3 months old and less)
Stamped letter of introduction from employer- confirming salary, retirement age, and contract of employment which should be long enough to cover loan term
Certified 6 months bank statements through which salary is paid
Declaration of other loans
A local address to which Stanbic Bank will serve documents and or notices and service of process when need arise
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)
Current credit reference report
Proof of transfer and bond registration fees
Completed Home Loan application form
Personal balance sheet
Minimum duration of employment is 24 months with same employer
Proof of extra income if applicable

Click here to view/download requirements document