Kitomari Banking & Finance Blog is a premier site for banking, finance, business, economic, investment and stock market news as well as selected informative articles from Tanzania, East Africa and the rest of the World. We operate 24 hours a day, 365 days a year with complete context, perspective and precision.
Foreign Exchange Rates
Stanbic Bank Clinic Promotion
Investment Promotion Exhibition & Conference
Friday, 6 April 2018
MORTGAGE FINANCE TRAINING COURSE FOR COMMERCIAL BANKS IN TANZANIA
Duration: 5 days, 9-13 April 2018
OVERVIEW OF THE MORTGAGE MARKET IN TANZANIA
Mortgage lending is the major mechanism used in many countries to finance private ownership of residential and commercial properties. Development of real estate sector has not become evident in many towns and cities in Tanzania. The mortgage market in Tanzania has been growing steadily as the pace of housing investment picks up. In the same line, the use of mortgage loans for developing private homes or commercial properties is now gaining popularity in banking institutions and other stakeholders. Tanzania has witnessed many Commercial Banks coming up with mortgage lending product.
Following the growth of mortgage lending, the Tanzania Institute of Bankers in collaboration with Tanzania Mortgage Refinance Company (TMRC) will organize training programmes on Mortgage Finance for Commercial Banks with the objective of ensuring standardization and uniform processing of mortgage finance operations in Tanzania.
To provide banking professionals with training comprising all areas of mortgage financing, as well as to achieve standardization in filing and documentation requirements.
Overview of Tanzanian financial markets
The Housing Finance Project and its components
Mortgage lending in Tanzania
Overview of the Mortgage Lending Process
Tanzanian Mortgage finance legislations
Qualification of Borrowers
Loan Processing and File Building
Loan Underwriting and Closing
Loan Administration (Servicing)
Titling process in Tanzania: challenges
Role of credit reference bureau in mortgage lending
Marketing of Financial services
Various mortgage finance case studies
Senior and Middle level officers in the banking institutions who are involved in Credit, Relationship Management, Loan Documentation as well as Legal aspects of mortgage financing.
Lectures, case studies and group discussions.
Sea Cliff Hotel, 10 Toure Drive, Msasani Peninsula, Dar es Salaam.