Acquisition of plots/land/houses at affordable rates and on time.
Loans to members to acquire their own properties aside from those provided by the society.
Low interest rates on loans.
Annual dividends and interests on deposits.
Our products
The CDF Housing Co-operative offers an unbeatable land/ property purchase products that aims to:
Individual / Pool Purchase (land) – the society purchases land on behalf of members at a fair and competitive price inclusive of ancillary services. Any party willing to purchase land from the society has to:
Pay 25% of the total cost of the land to be purchased as commitment fee.
A member of the society can use up to a maximum of Kshs. 250,000 from the shares for land purchase.
The remaining amount (after the 25% commitment fee deduction) is to be paid within a period of 180 days (6 months).
Title deeds for the land purchased will be issued on completion of full payments.
Property Loan
We encourage members to identify property (ies) of their interest and inform the management of the intention to buy. The properties include but not limited to land, houses. The society will then give a member a loan to a maximum 3 times deposits on condition that;
A member deposits the title of the property being acquired with the society.
The property being acquired is registered in the name of the society.
A member submits another collateral apart from the property being purchased, matching the loan awarded.
Note: On the loan, a member may decide to use part of his deposits to settle the loan.
