₦airaland Forum

The benefits of housing counseling program in Nigeria are numerous and include:
1. Providing potential home buyers with tools and resources they need to become home owners.
2. Ensuring that home buyers remain current on their mortgages.
3. Helping borrowers with troubled loans to know what to do and where to go instead of overlooking their responsibilities.
4. Educating home buyers on basic home maintenance processes (rather than allowing our neighbourhoods, and bringing positive effects on our country’s economy.
5. Contributing to wealth creation, strengthening our neighbourhoods, and bringing positive effects on our country’s economy.
6. To reduce the likelihood of mortgage default to a negligible minimum.
7. To evolve machinery for an all year round maintenance of homes through a continuous home ownership education.

Researches/experience from different nonprofit organizations in the USA show a huge drop (one third) in likelihood of serious mortgage delinquency when consumers receive pre-purchase housing counseling education.
With these scenarios and the numerous benefits to: Federal Ministry of Lands, Housing and Urban Development, Federal Mortgage Bank of Nigeria, NMRC, PMIs, and Loan Beneficiaries, we hereby propose that Housing Counseling program be instituted by the Federal Ministry of Lands, Housing and Urban Development in order to provide Housing Counseling Services to potential home buyers of every unit of the Federal Government Housing Scheme.For More Details contacts Us @ 08055051409