Are you looking for the best mortgage rates in Nigeria with affordable home equity contribution for middle and low-income earners in Lagos Nigeria? Here are Housing Loan Financing rates you can compare.

Note: This article is for those who already own a land at a prime location and those looking to buy their dream home.

View All Available Land For Sale In Lagos, Nigeria - http://buylandinlagos.com/category/land-for-sale-in-lagos/

We all want to get the cheapest financing package for our dream home at better rates because a lower repayment fee makes it flexible for one to pay back which could even lead to a higher loan request from a commercial bank in Nigeria.

In this review of the best property financing article, I will be comparing three mortgage institutions in Nigeria and their home equity contribution so that you can decide which is better for your need.

Generally, commercial banks in Lagos Nigeria charge a double-digit interest rate on home loan advances to real estate or property investors. There rate range from 20%-27% per annum as at the time this post was published.

Best Mortgage Rates In Nigeria - Housing Loan & Financing From Banks
Let's start with Standard Chartered Bank Nigeria Home Loan.

The home equity loan rate is 17.9% per annum
The minimum equity contribution is 20% of the property value for a maximum of 20 years.
The applicant shall not be less than 23 years or more than 60 years.
The property must be within Lagos or Abuja.

View More Banks and Their Home Loan Rate: http://buylandinlagos.com/best-mortgage-rates-nigeria-housing-financing/

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You can connect with your state govt for advice

Jumping on the Nigerian lodging stepping stool is a lot more straightforward on the off chance that you realize where to go to acquire financing, to purchase your first home. (Home loans) permit you to pay for a house in portions. This financing arrangement is getting promptly accessible in Nigeria. The National Housing Fund is one of these administrative plans pointed toward mitigating the issue.
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