Kenya Mortgage Refinance Company provides long-term refinancing to primary mortgage lenders to expand access to affordable home loans.

KMRC was incorporated in 2018 under Kenya’s Companies Act and is regulated by the Central Bank of Kenya, with Capital Markets Authority oversight for its bond programme. It provides concessional, fixed, long-term funding to banks and SACCOs rather than lending directly to individual borrowers. Its stated purpose is to improve the availability and affordability of mortgage finance in Kenya. The company operates from Old Mutual Tower in Upper Hill, Nairobi.