Mortgage Guide - www.propertiesng.com

Mortgage Guide

What is a mortgage?

Mortgage represents a loan on a property/house that has to be paid over a specified period of time. Think of it as your personal guarantee that you'll repay the money you've borrowed to buy your home.

Mortgages come in many different shapes and sizes, each with its own advantages and disadvantages. Make sure you select the mortgage that is right for you, your future plans, and your financial picture.

Choosing a mortgage:

Once you decide on the mortgage you want, do your homework. Different lenders offer different rates, points, and fees. This means that you should shop around and see which lenders are currently running special offers or incentives.

Get A Mortgage

You can get a mortgage to finance your house purchase from a number of Nigerian Mortgage providers and Financial Institutions. Interest rates, term of loan and conditions will vary from one provider to the other. www.propertiesng.com advises that you shop around from the different providers to get the deal that suits you best.

We have provided in our directory (in alphabetical order), the major mortgage providers in the Nigerian market.

Click on a link to read more details. Remember, you can modify the purchase price, interest rate and loan terms in our Mortgage calculator to get a feel of the mortgage obligations.

NOTE: THIS SECTION IS OPEN FOR SPONSORSHIP BY ANY LEADING MORTGAGE COMPANY IN NIGERIA. FOR MORE DETAILS PLEASE CONTACT US BY EMAIL: advertise@propertiesng.com

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