This study investigated the drivers of mortgage uptake among employees of Promasidor Kenya
Limited, focusing on financial literacy, income levels, and organizational support. A descriptive
research design was employed, with data collected from 142 employees using structured
questionnaires. Stratified random sampling was used to ensure representation across job
categories. Findings revealed an extremely low mortgage uptake rate of 2.1%, attributed
primarily to income constraints where 96.5% of employees earned below the KES 150,000

minimum threshold for mortgage qualification. The study also found a low level of mortgage-
specific financial literacy (composite mean = 2.79) and a severe lack of perceived organizational

support (composite mean = 2.3). The study concludes that the formal mortgage market is largely
inaccessible to most corporate employees in similar sectors in Kenya due to these interrelated
barriers. Recommendations include the development of alternative employer-assisted housing
savings schemes, financial literacy workshops, innovative mortgage products by financial
institutions, and supportive government policies. The study suggests further research into
alternative homeownership pathways and sector-specific analyses.