Legae Home Loan
Legae Home Loan provides affordable financing for Batswana who already own land, enabling them to build homes in rural, semi‑urban, or hometown areas. Customers can select from pre‑approved house plans, while the bank oversees the full construction process, offering an accessible path to home ownership without the need for bond registration.
Some of the benefits
Accessible Home Ownership
Legae Home Loan enables Batswana who already own land to build a home affordably, making home ownership achievable in rural, semi‑urban, and hometown areas.
Pre‑Approved House Plans
Customers can choose from bank‑approved architectural plans, ensuring a smooth process with designs suited to quality, cost efficiency, and ESG‑aligned building standards.
Bank‑Managed Construction
The bank oversees construction from start to finish, reducing the stress of managing contractors and ensuring delivery of a complete, compliant home.
No Bond Registration Required
Enjoy a simplified financing process with no bond registration or legal fees—making home building more accessible, especially in areas where mortgages are difficult to secure.
Some of the benefits
-
Clients access financing of up to P650,000
-
10 year loan repayment term
-
100% financing of the cost of building, including project management.
-
Expanded areas of financing versus the traditional mortgage solution
What you get
-
Maximum loan period is 10 years.
-
Access to financing for homeownership to marginalised communities
-
Create additional streams of income for individuals that qualify for additional houses
-
Delivering on SEE impact
-
Cost savings to clients as mortgage process is expensive requiring valuation reports, legal fees etc.
-
The product is designed to be a fix and supply to lessen the burden of a construction project for an applicant.
How to get it
Documents Required
-
Certified copy of Title Deed / Certificate
-
Certified copy of Identity Document
-
Certified copy of Passport (for expatriates)
-
Certified copy of Work & Residence Permits (for expatriates)
-
Certified copy of Contract of Employment (for expatriates)
-
Confirmation letter of employment
-
Proof of residence (not older than 3 months)
-
Proof of income (recent payslip or letter from employer/auditor/ accountant/financial statements not older than 6 months)
-
Bank statements for the past 6 months (if you do not bank with Stanbic Bank Botswana)
-
One quotation from a registered contractor of your choice
-
Some of the benefits
-
What you get
-
How to get it
-
Clients access financing of up to P650,000
-
10 year loan repayment term
-
100% financing of the cost of building, including project management.
-
Expanded areas of financing versus the traditional mortgage solution
-
Maximum loan period is 10 years.
-
Access to financing for homeownership to marginalised communities
-
Create additional streams of income for individuals that qualify for additional houses
-
Delivering on SEE impact
-
Cost savings to clients as mortgage process is expensive requiring valuation reports, legal fees etc.
-
The product is designed to be a fix and supply to lessen the burden of a construction project for an applicant.
Documents Required
-
Certified copy of Title Deed / Certificate
-
Certified copy of Identity Document
-
Certified copy of Passport (for expatriates)
-
Certified copy of Work & Residence Permits (for expatriates)
-
Certified copy of Contract of Employment (for expatriates)
-
Confirmation letter of employment
-
Proof of residence (not older than 3 months)
-
Proof of income (recent payslip or letter from employer/auditor/ accountant/financial statements not older than 6 months)
-
Bank statements for the past 6 months (if you do not bank with Stanbic Bank Botswana)
-
One quotation from a registered contractor of your choice