Top 10 Mortgage Loan Providers in Nigeria

0 17

 

 

Who are the 10 mortgage loan providers in Nigeria? That is the question that many people would like answered. The truth is, there are many more than 10! As you read this post, we will introduce you to 10 of the top mortgage lenders in Nigeria and give you some information about them.

All the 10 mortgage loan providers that will be identified here in these write up are among the best we have in Nigeria and you can approach any of them to finance your mortgage loans.

The list is in no particular order, so it is up to you which one will be the best for your mortgage loan.

- Advertisement -

The 10 Mortgage Loan Providers in Nigeria

FBN Mortgages Ltd

FBN Mortgages Ltd is one of the top 10 mortgage loan providers in Nigeria. They are the largest mortgage lender and has been operating since 2003.

FBN Mortgages Ltd is a leading provider of mortgages, offering loans to both first-time buyers and homeowners looking to refinance their assets or prune their debt.

FBN Mortgages Ltd had a monthly mortgage loan volume of over N21 billion in October 2015 and is the largest player in Nigeria’s residential real estate market, with an estimated 20% share of mortgages-related lending.

They offer flexible repayment plans which can be customized to suit different needs.

 

- Advertisement -

Abbey Mortgage Bank Plc

Abbey Mortgage Bank PLC is also another top 10 mortgage loan providers in Nigeria. They have also been operating since 2003.

Abbey Mortgage Bank Plc is a leading Nigerian mortgage lender, with an estimated 15% market share of the residential real estate lending sector in 2015.

They provide loans for both first-time buyers and homeowners looking to refinance their assets or prune their debt. The company has established itself as one of the top mortgage lenders in Nigeria.

 

Access Bank Plc

Also happens to be one of the top 10 mortgage loan providers in Nigeria.

They offer a range of mortgages from short-term loans to long-term products, and different types of interest rates as well.

Access Bank Plc is one of Nigeria’s leading financial institutions with over 12 million customers across Africa. It offers a full suite of personal and commercial banking services including international transfers, investment management for individuals or high net worth clients, credit cards and savings accounts among others. The bank also operates an ATM network which includes more than 2600 ATMs nationwide ­ AccessBankCardPlus™ International Cards that can be used at any Visa card acceptance point worldwide; online banking service through internet access facilities such as mobile phones etc.; smart telephone banking application – Mobile Banking App, you can contact them

 

GTB Home Loans Plc

Is one of Nigeria’s leading financial institutions with over 13 million customers across Africa. It offers a full suite of personal and commercial banking services including international transfers, investment management for individuals or high net worth clients, credit cards and savings accounts among others. The bank also operates an ATM network which includes more than 2600 ATMs nationwide ­ GTBank Mastercard that can be used at any Visa card acceptance point worldwide; online banking service through internet access facilities such as mobile phones etc.; smart telephone banking application – Mobile Banking App, you can contact them

 

Platinum Mortgage Bank Ltd

Happens to one of the leading mortgage providers in Nigeria. It offers a wide range of mortgages and facilities for both homeowners, builders and developers

– Platinum Mortgage Bank Ltd is among the top 10 mortgage loan providers in Nigeria with over N40 billion worth of assets under management as at December 31st, 2014

It offers residential mortgages from $25000 to $500 million (N20000000 – N125000000)

 

Safetrust Mortgage Bank

Is also one of the top 10 mortgage loan providers in Nigeria.

It offers residential mortgages from $25000 to $150 million (N20000000 – N750200000)

 

Safetrust Mortgage Bank

--advertisement--

Is one of the leading mortgage providers in Nigeria. It has a wide range of mortgages and facilities for both homeowners, builders and developers. Safetrust also provides funding assistance through its SME Corporate Finance division which specializes in providing funds to small businesses across Africa as well as loans for micro-enterprises on our continent. Safetrust houses over 390 billion naira worth of assets under management at December 31st 2014 with an annual gross lending volume surpassing 100 billion naira per year.

 

Trustbond Mortgage Bank Limited

Is one of the leading mortgage lenders in Nigeria with a total asset portfolio exceeding 400 billion naira as at December 31st 2014. It has completed over 180 billion naira worth of loans and transactions for clients since it was established, including 100 billion naira last year alone. Trustbond Mortgage Bank is the largest mortgage provider on the African continent with a total asset portfolio exceeding 400 billion naira as at December 31st 2014.

Trustbond Mortgage Bank

Also lead the top 10 mortgage loan providers in Nigeria. It offers mortgages from $25000 to $150 million (N20000000 – N750200000)

It has completed over 180 billion naira worth of loans and transactions for clients since it was established, including 100 billion naira last year alone. Trustbond Mortgage Bank is the largest mortgage provider on the African continent with a total asset portfolio exceeding 400 billion naira as at December 31st 2014.

 

The board members are:

– Dr Ishaya Amuso (Chairman)

– Mr Joshua Akpan (Managing Director)

you can contact them on:

– Tel: +234 81 33322222 (Lagos), +234 70 58808000(Ibadan) or+ 234 80 22544444

– Fax: +234 81 38101099

or email them on [email protected]; [email protected], [email protected]

 

RMB Housing Finance Limited

Also one of the top 10 mortgage lenders in Nigeria which provides residential and commercial mortgages based on its customers’ needs from 25 thousand dollars to 150 million dollars (N20million-N75million). RMB Housing Finance Ltd operates through two distinct divisions which operates under the brands of RMB Home Loans and RMB Commercial Loans.

 

Federal Mortgage Bank of Nigeria (FMBN)

Is also one of the leading mortgage lenders in Nigeria with a total asset portfolio exceeding 800 billion naira as at December 31st 2014. It has completed over 300 billion worth of loans and transactions for clients since it was established, including 100 trillion last year alone

– Bankers Mortgage Insurance Scheme

– Regulatory Bodies: FMBN/NMFRCO(NIMAD)

– 10 mortgage loan providers in Nigeria; top 10 mortgage loan providers in Nigeria – TrustBond Mortgage Bank Limited (TrustBond), Federal Mortgage Bank Of Nigerian (FMBN) are the most Popular ones!

You can contact them on the numbers below:

– FMBN

+2347029077766, +2348080366771, 031 2726808 (Head Office)

 

Resort Savings and Loans also top as one of the best mortgage loan providers in Nigeria

– RSL

+2347028764579, +2348782390693 (Head Office)

 

You can check their website for more information. There are a lot of finance institutions that offer mortgages to individuals and companies alike. Some people often get confused when they go about selecting one because there could be too many options available in the market! It is always advisable to research properly before making any quick decisions on which provider you want to work with as it will save you lots of time and money in the long run. For instance, TrustBond Mortgage Bank Limited has some great deals going on right now so make sure not to miss out if this is what you are interested in.

Here you have it list of top mortgage financing institutions in Nigeria, help share with your social media network and if you have any suggestion drop your comments below.

--advertisement--

Leave A Reply

Your email address will not be published.

This site uses Akismet to reduce spam. Learn how your comment data is processed.