Eligible applicants are individuals aged 25–55 with a steady and verifiable source of income. Applicants must meet age and income criteria to qualify for the loan.

You can access up to 70% of the property’s cost, with a maximum loan amount of ₦100 million, depending on your income and credit assessment.

A minimum of 30% of the property cost must be contributed as equity before the loan is disbursed.

The loan offers a maximum repayment period of 7 years, subject to your age, retirement horizon, and income stability.

The mortgage features a competitive interest rate, subject to prevailing money market conditions. Additional costs include a 1% management fee and other fees per the bank’s tariff, such as monitoring, legal/perfection, and insurance fees.

Security includes a legal mortgage over the registered title of the property, along with potential third-party or corporate guarantees, undated cheques, and a Remita/NIBBS debit mandate. Alternative properties may also be accepted as collateral.

Borrowers enjoy flexible repayment plans, smart money management, and professional oversight. You can own your property now, benefit from rental income or personal comfort, access competitive rates, and repay over a period tailored to your income and convenience.