Posted by Best Mortgage Banks in Nigeria – Nigeria has a huge number of people that are in need of mortgages.
They are willing to work hard to get loans, but they’re finding it difficult to get the best mortgage banks that can help them lower their interest rates and give them the best options available.
This article will present you with the top 10 best mortgage banks in Nigeria that you should consider if you’re looking for an excellent loan provider.
What is a Mortgage Bank/Institution – Best Mortgage Banks in Nigeria
Mortgage banks are financial institutions that provide mortgages, loans and other financial products.
Mortgage bank can be a brick-and-mortar bank, credit union or an online lender.
Mortgage banks offer various mortgage loan programs to suit the borrower’s needs and circumstances.
These include home loans for new constructions, self-employed professionals, people with a poor credit score and much more.
Top 10 Best Mortgage Banks in Nigeria
#1. Federal Mortgage Bank of Nigeria (FMBN)
The Federal Mortgage Bank of Nigeria (FMBN) is a government-owned mortgage lender, which focuses primarily on mortgage lending in Nigeria.
It was created by the Nigerian government in 2009 with the aim of increasing access to mortgage loans for low and middle income earners.
The Federal Mortgage Bank of Nigeria (FMBN) was set up by the Nigerian government in 2009, with a main aim to increase access to mortgages for low and middle income earners.
The bank has an FCA/NCRC licence and it is authorised to make wholesale loans as well as retail loans. The FMBN offers mortgages at competitive rates against good quality collaterals.
With both retail and wholesale financing options available, Nigeria’s first government-owned mortgage bank is providing much needed funds for people who are
#2. First Bank Mortgage Limited
First Bank Mortgage Limited is one of the leading mortgage banks in Nigeria.
The bank is licensed by the Central Bank of Nigeria. It offers loans for both commercial and residential purposes.
First Bank Mortgage Limited is one of the leading mortgage banks in Nigeria that offer affordable rates and flexible terms.
The bank offers a variety of loan products, including fixed rate mortgages and adjustable rate mortgages.
Mortgage Banks in Nigeria: There are many mortgage banks available for Nigerians to choose from when it comes to getting a mortgage loan, but not all of them provide competitive rates or flexible terms.
Mortgage Banks: Just like any other financial institutions, mortgage banks are regulated by the Central Bank of Nigeria which also sets guidelines on what they can offer their customers with regards
#3. Platinum Mortgage Banks PLC – Best Mortgage Banks in Nigeria
Platinum Mortgage Bank Plc is a Nigerian leading mortgage bank with assets worth more than N120 billion and assets under management of N80 billion.
The company was incorporated in Nigeria on 18th October 2007 with the objective of providing retail banking services, including standard and sub-prime mortgages.
Since its inception, it has remained consistent in the provision of affordable financial solutions to individual customers, SMEs and corporates alike.
We at Platinum are committed to servicing our customers with high levels of customer care and have a team of qualified professionals dedicated for this task.
We ensure that we keep up-to-date with international best practices, as well as developments within our industry locally in Nigeria.
#4. Safetrust Mortgage Bank – Best Mortgage Banks in Nigeria
Safetrust Mortgage Bank was established in 1999 with the aim of providing quality financial services to its customers.
The bank has grown from strength to strength, and today offers a wide range of services including Loans, Mortgages, Savings and Investment, Financial Planning and Insurance.
The bank is committed to customer satisfaction and provides the best mortgage banks in Nigeria for home buyers.
It offers a wide range of mortgage products for different needs and budgets.
Safetrust Mortgage Bank is one of the best mortgage banks in Nigeria because it provides a wide range of mortgages for different needs and budgets.
#5. Abbey Mortgage Bank PLC
Abbey Mortgage Bank PLC is one of the leading mortgage banks in Nigeria.
Abbey Mortgage Bank PLC is one of the leading mortgage banks in Nigeria.
They offer a wide range of mortgage products and services to meet the needs of every Nigerian homebuyer.
Abbey has been committed to providing excellent customer service and building long-term relationships with their clients since they were founded in 1987.
#6. Lagos Building Investment Company – Best Mortgage Banks in Nigeria
Lagos Building Investment Company is one of the leading mortgage banks in Nigeria.
They offer a wide range of financial products and services, including mortgages, auto loans, and bank accounts.
Lagos Building Investment Company is a Nigerian company that offers a wide range of financial products and services to customers.
The company has been in operation since 1989, with headquarters located in Lagos.
Lagos Building Investment Company (LBIC) was established in 1989 to provide innovative solutions to the housing needs of Nigerians at affordable prices.
LBIC’s vision is to be the leading mortgage bank in Nigeria by providing affordable housing solutions with integrity and excellence.
#7. Resort Savings and Loans
Resort Savings and Loans is a Nigerian mortgage bank that was established in the year 2000.
It has grown to be one of the leading mortgage banks in Nigeria.
Resort Savings and Loans is a Nigerian mortgage bank that was established in the year 2000.
It has grown to be one of the leading mortgage banks in Nigeria – Best Mortgage Banks in Nigeria.
The company started out with a vision to provide home ownership opportunities for all Nigerians, irrespective of their income or social status.
This vision was realized through resort savings and loans’ affordable housing solutions.
#8. Trustbond Mortgage Bank
Best Mortgage Banks in Nigeria – Trustbond is a Nigerian mortgage bank that offers various mortgage products to its customers.
Trustbond is one of the best Mortgage Banks in Nigeria with a wide range of mortgage products.
It’s one of the most trusted and reliable lenders in Nigeria.
#9. Awka Savings and Loan Limited
Awka Savings and Loan Limited is a Nigerian financial institution that provides banking services.
The Awka Savings and Loan Limited was established in 1964.
It was founded by the government of Nigeria with the aim of providing savings, loans, and other financial services to Nigerian citizens.
The bank has been operating for 50 years now, and it has grown to become one of the largest banks in Nigeria.
#10. AG Mortgage – Best Mortgage Banks in Nigeria
AG Mortgage is a mortgage bank that provides home loans and other financial services to customers.
The company is headquartered in Lagos and has branches in Abuja, Port Harcourt, Ibadan, Kaduna and Jos.
AG Mortgage was founded in 2008 with the aim of providing financial services to the Nigerian middle class.
It offers a range of products including home loans, car loans, personal loans, investment products as well as insurance.
Our Verdict
The best mortgage banks in Nigeria are those that have the best rates and customer service.
They are also the ones that are easy to access, have a wide variety of products, and offer the most competitive rates.
Conclusion
To summarize, these are the best mortgage banks in Nigeria.
They are trusted by millions of Nigerians and they have been in the industry for a long time.
They offer excellent customer service and their rates are competitive.