Home Purchase Loans
Financing for buying completed homes, apartments, and townhouses with up to 80% loan-to-value and repayment tenures up to 25 years.
AFRICAN DEVELOPMENT AND FINANCE BANKDevelopment & Finance Bank
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Mortgages & Home Finance
Your dream home starts with the right financing.
AIDF offers flexible mortgage solutions for home purchase, construction, and renovation. Competitive rates, long tenures, and dedicated advisory support throughout the process.
Mortgages & Home Finance
Your dream home starts with the right financing.
AIDF offers flexible mortgage solutions for home purchase, construction, and renovation. Competitive rates, long tenures, and dedicated advisory support throughout the process.
What We Offer
Home Purchase Loans
Financing for buying completed homes, apartments, and townhouses with up to 80% loan-to-value and repayment tenures up to 25 years.
Construction Finance
Staged disbursement construction loans that pay contractors directly as building milestones are completed. Interest-only during construction period.
Renovation Loans
Finance home improvements, extensions, and renovations. Quick approval with minimal documentation for existing homeowners.
Mortgage Protection
Optional mortgage protection insurance that covers your loan repayments in case of death, disability, or critical illness.
What We Offer
Banking services with a clear purpose.
Choose accounts, lending, digital banking, and support services shaped around how customers manage money every day.
Construction Finance
Staged disbursement construction loans that pay contractors directly as building milestones are completed. Interest-only during construction period.
Renovation Loans
Finance home improvements, extensions, and renovations. Quick approval with minimal documentation for existing homeowners.
Mortgage Protection
Optional mortgage protection insurance that covers your loan repayments in case of death, disability, or critical illness.
Why Choose AIDF
Built for your success.
Competitive interest rates from 12% per annum
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Loan tenures up to 25 years for affordable repayments
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Up to 90% financing for salaried customers
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Fast approval process with dedicated mortgage advisors
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Early repayment with no penalty fees
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Got Questions?
Frequently asked questions.
A minimum 20% deposit is required for home purchase loans. Salaried customers with provable income may qualify for 90% financing with a 10% deposit.
Initial approval is provided within 5 working days of submitting a complete application. Final approval and disbursement take 2-4 weeks depending on property documentation.
Yes. AIDF does not charge early repayment penalties. You can make additional lump-sum payments or increase your monthly instalment at any time.