Personal Banking

Mortgages

Buying a house is one of life’s major expenses. That’s why it’s so important to find a financial partner you can trust when it comes to borrowing the money you need. With decades of experience in mortgage lending, CBA can offer you some of the best advice complemented by individually tailored mortgage solutions. If you are looking to buy or build a home, we offer a variety of mortgage options that will put the key in your hand sooner than you think.

Benefits:

  • Available and experienced relationship management on hand to advise and guide you on property evaluation and market trends
  • Flexible repayment periods up to 25 years
  • No penalty for early repayment

Features:

  • Minimum amount of TZS 20 million, maximum amount is based on your ability to repay
  • You can borrow in Tanzania Shillings or in major foreign currencies such as USD, EURO and GBP (if your income/salary is in a foreign currency)
  • Available to Tanzanians living abroad (Diaspora)
  • We arrange for valuation and legal processes by bank appointed service providers
  • Interest is charged on a reducing balance basis

Application Requirements:

  • A completed and signed mortgage application form
  • Your original ID/passport (plus copies)
  • Bank statements for the previous six months
  • Pay-slips for the previous six months
  • Duly signed sale agreement