TRAINING INSTITUTE

TRAINING ON MORTGAGE FINANCE, BANK OF TANZANIA, HEAD

OFFICE FACILITIES, DAR ES SALAAM, 17TH to 21STJUNE 2019
Introduction

The Bank of Tanzania Act, 2006 and the Banking and Financial Institutions Act, 2006
mandate the Bank of Tanzania (BOT) to license, regulate and supervise Banking
Institutions in Tanzania. As a regulator, BOT is entrusted with the responsibility of
ensuring stable, sound and safe banking sector and financial system at large. In
discharging this responsibility, it is in the interest of BOT to ensure that the financial
system stimulates mortgage lending as an important means of promoting decent
and affordable housing for citizens of 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. This program will provide mortgage solutions to
participants in hands-on training workshop, with an interactive, practical and a non-
theoretical approach.

Objective of the Course

At the end of this course, the participants will have the required knowledge in
management of housing loans and be able to prevent any negative economic
impact resulting from bad mortgage loans. This program will offer participants a
hands-on experience based on group exercises and case studies.

Target Group

This course will benefit professionals who carries out mortgage financing role in
banking institutions, real estate and other players /stakeholders. The course is
designed specifically for professionals working in the field of banking, real estate
and pension funds.

Contents of the course

 Tanzania Housing Market Update

 Overview of Housing Finance and Mortgage lending in Tanzania
 Mortgage Terminologies
 Construction Lending
1
 The Housing Finance Project and its components
 Origination, Underwriting and Mortgage Servicing
 Loan Approval and Closing
 Mortgage Mathematics
 Commercial Real Estate
 Valuation of Real Estate
 Qualification of Borrowers
 Loan Processing and File Building
 Loan Underwriting and Closing
 Loan Administration (Servicing)
 Foreclosures
 Titling process in Tanzania: challenges
 Role of credit reference bureau in mortgage lending
 Marketing of Financial services
 Various mortgage finance case studies

Scheduled Dates and Duration:

1 week: From 17th to 21st June 2019

Resource Persons:
1. Bank of Tanzania Training Institute
2. Expert in Mortgage Financing from Banking Sector

Venue:
Bank of Tanzania, Head Office facilities, Dar es Salaam

Fee:
Fee for each participant is TZS 1.0 million or USD 500 for non-residents covering
tuition, course materials, lunch and mid-session refreshments (tea/coffee and
snacks). Participants will be responsible for their travel costs and upkeep. Please pay
your fees by making a Transfer to the following bank details and provide evidence
at the venue on registration:

1. Transferee Bank: Bank of Tanzania

Account Number: 9944713006
Account Name: Course Fees
2. Banker’s cheque: Payee - The Principal, Bank of Tanzania Training Institute
3. Cash at the venue

HOW TO APPLY:
Send a letter, e-mail or make a phone call to the below-listed contacts. The course
will involve a limited number of 25 participants only. The first come first served
principle will apply. Applications should reach us at least (two) 2 working days
before commencement of the course.

ADDRESS:
The Principal,
Bank of Tanzania Training Institute,
P.O. Box 131, Capri-Point,
MWANZA – TANZANIA
Tel: +255 (28) 2500982; 2500709, 2500983, 0758 313 175
E-mail: training@bot.go.tz