Services

Property Loan

At RafikiFinance, we offer property loans tailored to help you achieve your real estate goals. Whether you're purchasing a new home, investing in rental properties, or refinancing your existing mortgage, our property loans provide flexible financing solutions to suit your needs.

Key Features

  • Competitive Interest Rates: Benefit from competitive interest rates to keep your monthly payments affordable.
  • Flexible Loan Amounts: Borrow the amount you need, whether you're buying your first home, upgrading to a larger property, or investing in real estate.
  • Customized Repayment Terms: Choose a repayment term that fits your budget and financial goals, with options ranging from 10 to 30 years.
  • Variety of Loan Programs: We offer a range of loan programs, including conventional mortgages, FHA loans, VA loans, and more, to meet your specific needs.
  • Quick Approval Process: Get pre-approved for your property loan quickly, so you can make competitive offers and close on your dream property.
  • Personalized Support: Our experienced loan officers are here to guide you through the loan process, answer your questions, and provide personalized advice every step of the way.

How It Works

  1. Pre-qualification: Get pre-qualified for a property loan by providing basic financial information and details about the property you're interested in.
  2. Loan Application: Complete a full loan application, including detailed financial documentation such as income verification, tax returns, and asset information.
  3. Loan Processing: Our team will review your application and documentation, verify your financial information, and assess the property's value.
  4. Underwriting: Your loan application will be underwritten to determine if you meet the lender's criteria and to finalize the loan terms.
  5. Closing: Once your loan is approved, you'll sign the necessary paperwork and close on your property loan, either at a title company or with an attorney.
  6. Funding: After closing, the loan funds will be disbursed, and you'll officially become the owner of the property.

Eligibility Criteria

To qualify for a property loan with RafikiFinance, you'll typically need to meet the following criteria:

  • Good credit history
  • Stable income and employment
  • Adequate down payment or equity
  • Acceptable debt-to-income ratio
  • Property appraisal and insurance