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Loans & Mortgages > Outright Purchase Mortgage

This facility offers loans to Individuals to part-finance the purchase of a completed house which has a valid title documentation.

Features

  • Tenor up to 15 years
  • Obligor limit of N250,000,000
  • Equity contribution of 20% for salary earners and 30% for self-employed
  • Allows for joint spouse mortgage

  • Not for you? Check other products

    FAQs

    An offer letter containing terms and conditions will be given to you through your relationship manager.
    No penalty for early or bulk loan repayment.
    Your relationship manager will follow up with you, thereafter a recovery or foreclosure process may be initiated.
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