A home mortgage is a loan given by a mortgage company or bank and/or other financial institutions for the purchase of a residential property. Usually, home mortgage will either have a fixed or floating interest rate, as well as a lifespan of 3 to 30 years. In a nutshell, mortgages are
Finance houses in Nigeria are not limited to the well known commercial banks; there are other types, including investment banks/companies, brokerage firms, mortgage institutions, insurance companies and many others. All the various financial institutions in Nigeria have their specific functions in ensuring a smooth running of the country’s economy. In
Lekki, one of the most developed places in the country, still has a retinue of juicy properties. But most people are turned off easily because of the price. For instance, the median price of a 4 bedroom house stands at NGN 55,000,000. Buyers will think twice before making such a purchase.
Introduction Wow! “Deborah, look what I found” Tommy hands his phone to the love of his life. “What have you found?” she replies, Do you know that my old course mate that I introduced you to at Dominos the other day? “Yesss, what about him?” He just purchased 2 duplexes close to the Lekki free
Getting a mortgage in Nigeria can be difficult. Unlike the western world where you can aspire to get a mortgage loan after working for a few years. One of the easiest ways to own a home in developed economies is through mortgage financing. You can get a mortgage loan for