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Nairaland Forum / Nairaland / General / Properties / Mortgage Facility In Abuja Through (aso Savings And Loan) (8631 Views)
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Mortgage Facility In Abuja Through (aso Savings And Loan) by hakir(m): 3:44pm On Sep 26, 2007 |
hi folks i will be informing you on mortgage in nigeria with reference to ASO SAVINGS AND LOAN LTD a PRIMARY MORTGAGE INSTITUTION (PMI) these are the basic information required for a mortgage loan with the above company: first and foremost, to be eligible for mortgage facility, the individual in person will have to open an account with ASO SAVINGS AND LOAN and must have operated it for 6 months minimum. there are 2 types of loans: SHORT & LONG loans the short loan is for a period of 5 years and unlimited to the amount of loan one can get while the long loan is for a period of 20 years with limitation to the tune of #5,000,000 maximum the varieties of loans are given on 2 different packages such as: the short loan is given on commercial basis which attracts a high interest rate of 18% paid over 5 years while the long term loan is based on ones contribution to the NATIONAL HOUSING FUND (NHF) with the FEDERAL MORTGAGE BANK OF NIGERIA (FMBN). this the apex mortgage bank with statutory powers to moderate the PMI only contributors to this fund are eligible for the loan. the loan is given @ 6% for 20 years. one of the major clause been looked upon is your repayment plans and if the repayment ratio is higher than your source of income or salary, the loan is rejected and vice versa. take time to read it through and also read my posting on GETTING YOUR HOME CONSTRUCTED RISK FREE WITH THE PROFESSIONALS onivehu2000@yahoo.com |
Re: Mortgage Facility In Abuja Through (aso Savings And Loan) by stayTrue: 8:56am On Jun 29, 2016 |
I need more details pls.
john.nirana@gmail.com |
Re: Mortgage Facility In Abuja Through (aso Savings And Loan) by GradesGate: 9:09am On Sep 03, 2020 |
Are you in need of a soft loan to the tune of N5,000,000 for up to six months? Who can apply? Salary Earners and Registered Business Owners Call us on 08097111171(8am-5pm...Monday - Friday) whatsapp:08097111171(24hours) email:loanenquiries@gradesgate.com.ng N.B: This loan is only for people who live in Lagos, Abuja and Ibadan. |
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