Hello everyone,

I hope this post finds you well. I am currently in the process of searching for a suitable house to purchase in Nigeria. Specifically, there is a house that I have set my sights on, with an estimated cost of around 7-8 million naira.

I am reaching out to this forum to gather information and advice on obtaining a mortgage from any Nigerian bank. I currently have approximately 3 million naira available as a down payment, and I am interested in exploring mortgage options to finance the remaining amount.

If anyone has experience or knowledge regarding the mortgage process in Nigeria, I would greatly appreciate any guidance or suggestions you can provide. Specifically, I am interested in knowing which banks offer mortgage facilities, the typical requirements and eligibility criteria, interest rates, repayment terms, and any other relevant information that may assist me in making an informed decision.

Thank you in advance for your valuable insights and assistance. Your input will be highly appreciated.

Following.

You can do your own research by searching "Mortgage financing in Nigeria" on Google and reading the links.

Here's one such https://www.sc.com/ng/mortgages/home/

I could provide more but don't want to end up getting banned.

Know that the above link shows that you have to meet certain criteria, one of which is earning minimum of 350,000 monthly.

Kindly share more better offers if you see any.