Quick Mortgage Account

This account is designed to cater for situations whereby our customers who have maintained relationship with us for a minimum period of six (6) months require a mortgage facility to buy a property urgently. 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 2years
•Minimum savings period before granting of loan 6months
•Total equity contribution expected from customer 30% of loan requirement
•Maximum loan amount N20million
•Security    Financed property

 Added value
•Access to emergency loan
•Earn interest on your savings deposit
•Structured repayment plan to match customers budget
•No lost opportunity in purchasing a dream property