Home Express Account

This account is designed for professionals and up-coming executives undertaking their first investment in real estate. Opening deposit and monthly contribution for both savings and mortgage account are dependent on the customers income and loan requirement.

Key features and benefits

•Interest rate on savings account  4% per annum
•Interest rate on mortgage account Prevailing rates (presently 19%)
•Repayment period   10years
•Minimum savings period before granting of loan    6months
•Total equity contribution expected
• from customer    20% of loan requirement
•Maximum loan amount   N20million
•Security    Financed property

 Added value

•Earn competitive interest on your savings deposit
•Structured repayment plan to match customers budget
•Professional advice and support from Springmortgage
•Account holder has priority consideration in Springmortgage housing estates