Hello,
UBA has a mortgage program specially designed for Non Resident Nigerians (Nigerians with residency outside the country) who would like a loan to finance their properties in Nigeria. This program is called NRN Mortgage (Non Resident Nigerian Mortgage).
My company,
Marvel Mortgage Company performs pre-qualification of prospective borrower for UBA. If anyone needs more information, email us at
nrnloan@marvelmortgageco.com. Please reference Nairaland in your email.
We are currently working on our web site that will provide more detail information.
The NRN Mortgage program details are:
| Target Market: | Non Resident Nigerians |
| Loan Use: | House purchase. Off-plan purchases and Land purchase in selected cities (Lagos, Abuja, Port Harcourt and Enugu) |
| Loan Amount: | Up to $400,000 US |
| Interest Rate: | Currently set at 7%. It is based on 180 Days (6 month) LIBOR (London Interbank Offered Rate) plus 2% adjusted every 180 Days. |
| Terms: | 120 Months (10 years) |
regards