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Morgage For Nyayo Embakasi Flats

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Nobby		#1 Posted : Thursday, November 14, 2013 3:00:52 PM
Rank: Member Joined: 2/8/2007 Posts: 625 Location: Nairobi		How do you go about getting a morgage for the nyayo embakaso flats? Any ideas? The future belongs to those who believe in the beauty of their dreams.
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Gordon Gekko		#2 Posted : Thursday, November 14, 2013 3:03:39 PM
Rank: Elder Joined: 5/27/2008 Posts: 3,760		Why do you want a mortgage with an invariably variable interest rate when you can get a tenant purchase scheme loan from NSSF fixed at 15% for the entire term?
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webish		#3 Posted : Thursday, November 14, 2013 3:15:20 PM
Rank: Member Joined: 10/19/2009 Posts: 671 Location: Nairobi		Gordon Gekko wrote: Why do you want a mortgage with an invariably variable interest rate when you can get a tenant purchase scheme loan from NSSF fixed at 15% for the entire term? Btw, @GG , any current project by NSSF? Life is joy, death is peace, but the transition is very difficult.
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gatoho		#4 Posted : Thursday, November 14, 2013 3:15:32 PM
Rank: Member Joined: 1/1/2010 Posts: 518 Location: kandara, Murang'a		Gordon Gekko wrote: Why do you want a mortgage with an invariably variable interest rate when you can get a tenant purchase scheme loan from NSSF fixed at 15% for the entire term? How do I go about the Nssf one? Foresight..
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Euge		#5 Posted : Thursday, November 14, 2013 3:52:58 PM
Rank: Elder Joined: 8/4/2008 Posts: 2,849 Location: Rupi		webish wrote: Gordon Gekko wrote: Why do you want a mortgage with an invariably variable interest rate when you can get a tenant purchase scheme loan from NSSF fixed at 15% for the entire term? Btw, @GG , any current project by NSSF? About 2 weeks ago they sent out a tender for construction of apartments in Milimani area. I don't think there have a running project now but I stand to be collected. Lord, thank you!
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mukiha		#6 Posted : Friday, November 15, 2013 8:09:17 AM
Rank: Elder Joined: 6/27/2008 Posts: 4,114		gatoho wrote: Gordon Gekko wrote: Why do you want a mortgage with an invariably variable interest rate when you can get a tenant purchase scheme loan from NSSF fixed at 15% for the entire term? How do I go about the Nssf one? You are not serious about buying the flat, are you? If you were, you'd have simply gone to the TPS office at NSSF and found out. If you are too busy to go, then you are not serious enough about buying! Nothing is real unless it can be named; nothing has value unless it can be sold; money is worthless unless you spend it.
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obiero		#7 Posted : Sunday, November 17, 2013 1:59:59 PM
Rank: Elder Joined: 6/23/2009 Posts: 14,320 Location: nairobi		mukiha wrote: gatoho wrote: Gordon Gekko wrote: Why do you want a mortgage with an invariably variable interest rate when you can get a tenant purchase scheme loan from NSSF fixed at 15% for the entire term? How do I go about the Nssf one? You are not serious about buying the flat, are you? If you were, you'd have simply gone to the TPS office at NSSF and found out. If you are too busy to go, then you are not serious enough about buying! Hehe. Mukiha im sure watoto wako wanakuogopa. Ukali nayo.. COOP, IMH, KEGN, KQ, MTNU
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webish		#8 Posted : Sunday, November 17, 2013 3:04:05 PM
Rank: Member Joined: 10/19/2009 Posts: 671 Location: Nairobi		Euge wrote: webish wrote: Gordon Gekko wrote: Why do you want a mortgage with an invariably variable interest rate when you can get a tenant purchase scheme loan from NSSF fixed at 15% for the entire term? Btw, @GG , any current project by NSSF? About 2 weeks ago they sent out a tender for construction of apartments in Milimani area. I don't think there have a running project now but I stand to be collected. They had once talked about a huge project in Mavoko (sth like Nyayo). Would like to know more if anyone has the information. Life is joy, death is peace, but the transition is very difficult.
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obiero		#9 Posted : Sunday, November 17, 2013 3:08:04 PM
Rank: Elder Joined: 6/23/2009 Posts: 14,320 Location: nairobi		webish wrote: Euge wrote: webish wrote: Gordon Gekko wrote: Why do you want a mortgage with an invariably variable interest rate when you can get a tenant purchase scheme loan from NSSF fixed at 15% for the entire term? Btw, @GG , any current project by NSSF? About 2 weeks ago they sent out a tender for construction of apartments in Milimani area. I don't think there have a running project now but I stand to be collected. They had once talked about a huge project in Mavoko (sth like Nyayo). Would like to know more if anyone has the information. The mavoko project us under NHC not NSSF COOP, IMH, KEGN, KQ, MTNU
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Gordon Gekko		#10 Posted : Sunday, November 17, 2013 3:58:57 PM
Rank: Elder Joined: 5/27/2008 Posts: 3,760		@obiero, Mavoko project is under NSSF on land they already own, they are currently looking for a developer who will also finance it. NHC have an EPS plant in the neighbourhood.
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