Buying a home through a mortgage loan can offer several benefits:
Forced savings: Monthly mortgage payments can help individuals save money and build home equity.
Tax benefits: Mortgage interest payments are tax-deductible, which can help lower an individual’s overall tax bill.
Forced appreciation: Over time, the value of a home typically increases, providing homeowners with a return on their investment.
Stability: Owning a home can provide peace and security for individuals and families.
Forced Maintenance: As a homeowner, you are responsible for the maintenance of your home, which can lead to increased pride of ownership and home maintenance that will increase the value of the property.
Forced financial responsibility: When you take a mortgage, you have to pay it monthly, moving you to be financially responsible.
Forced budgeting: When you take a mortgage, you have to budget your income and expenses in a way that allows you to make your mortgage payments on time.
Forced decision-making: When you take a mortgage, you are forced to make decisions about how you want to live, how much you want to spend, and what your priorities are.
Forced community engagement: When you own a home, you are more likely to be engaged in your community, which can lead to a more fulfilling life.
Forced personal growth: When you own a home, you are forced to grow as a person, take on new responsibilities and learn new skills.
Overall, buying a home through a mortgage loan can provide individuals with a sense of stability, financial responsibility, and investment opportunities.
New Mortgage
As low as 20% down payment
Need a new mortgage? Let’s help you find the best mortgage solution in the market, As low as 20% down payment, Loan Highlights:
Naira mortgages as low as 13%
As long as 20 years
Available for Nigerian & diaspora applicants
Credit life Insurance required
Property insurance required
Unemployment insurance might be required
Bank loan arrangement fee might apply
Mortgage refinancing
As low as 20% down payment
Get better terms for your existing mortgage, Refinance up to 80% of the property value, Loan Highlights:
As long as 20 years
Available for Nigerian & diaspora applicants
Credit life Insurance required
Property insurance required
Unemployment insurance might be required
Bank loan arrangement fee might apply
Construction mortgages
30% equity contribution (including land value)
Develop your land with a construction mortgage
Naira mortgages as low as 15%
As long as 15 years
Credit life Insurance required
Property insurance required
Unemployment insurance might be required
Home equity loans
As low As 50% in home equity value
Perfect for those with little to zero debt on their property, As low as 50% in home equity value, Loan Highlights:
