Am going to be as brief as i can.
I know we all see real estate agents and property developers every where. The truth is that the real estate industry is huge and there is a big gap for housing compare to Nigeria's population and most people see getting a home for your self Is a thing for the RICH, but i disagree. Anyone can own a home and be free from the claws of land lord/lady.
I have also talked to lots of people and they have a common response that Mortgage financing is far better abroad than here. To an extend i agree but most of the time i blame it on us, we are so relaxed and do not care to dig up informations on Mortgage here in Nigeria, most people dont even know the existence of Mortgage Bank and what they do.
Their primary responsibility Is Mortgage financing and even rents.
The thing is that you cant just walk into any Mortgage Bank to ask for loan, you MUST have a history and it beings from just having an account either savings or current.
I work for New Prudential Mortgage Bank and the Unique thing about this firm is that, you dont just deposit you can also withdraw. You will have your atm debit card and Internet banking available. This will enable have a history/relationship with the bank and whenever you are ready to own a house you can walk up to us.
Who says you cant owe your own house and pay in bit over 10years.
I would not want to bore you with words, but I hope i made common sense.
Here is my whatsapp number 08064134851 for more information.
I beg you moderators to push this, as i believe this information Is KEY to our youth. Thanks i expect to hear from you.

Prechy08:
Am going to be as brief as i can.
I know we all see real estate agents and property developers every where. The truth is that the real estate industry is huge and there is a big gap for housing compare to Nigeria's population and most people see getting a home for your self Is a thing for the RICH, but i disagree. Anyone can own a home and be free from the claws of land lord/lady.
I have also talked to lots of people and they have a common response that Mortgage financing is far better abroad than here. To an extend i agree but most of the time i blame it on us, we are so relaxed and do not care to dig up informations on Mortgage here in Nigeria, most people dont even know the existence of Mortgage Bank and what they do.
Their primary responsibility Is Mortgage financing and even rents.
The thing is that you cant just walk into any Mortgage Bank to ask for loan, you MUST have a history and it beings from just having an account either savings or current.
I work for New Prudential Mortgage Bank and the Unique thing about this firm is that, you dont just deposit you can also withdraw. You will have your atm debit card and Internet banking available. This will enable have a history/relationship with the bank and whenever you are ready to own a house you can walk up to us.
Who says you cant owe your own house and pay in bit over 10years.
I would not want to bore you with words, but I hope i made common sense.
Here is my whatsapp number 08064134851 for more information.
I beg you moderators to push this, as i believe this information Is KEY to our youth. Thanks i expect to hear from you.

hmmm... I am interested in this. I would like to know the pros and cons

Lets not forget that it all begins from have an account this will give you the power to walk to the bank and ask for finance

Prechy08:
Lets not forget that it all begins from have an account this will give you the power to walk to the bank and ask for finance

I am scratching my head here and wondering whether i want to spend 25yrs paying off a mortgage loan! i hear your rates are not favourable how true is that

chrisbaxtian:


I am scratching my head here and wondering whether i want to spend 25yrs paying off a mortgage loan! i hear your rates are not favourable how true is that

25years? Well only if we are smart enough and understand how Mortgage works, would you rather spend #20m to buy off a house completely or pay or rather pay #6m and take Mortgage to balance it up to get same house and pay over a period of time while you use the balance of #14m to invest in other business and service Mortgage? Just asking