The Personal Home Loan product is designed to fund the outright acquisition of already built residential properties for individuals.
- Maximum obligor limit of up to N100million, subject to applicable Debt Service Ratio & property location.
- Maximum tenor of 180months [15years]
- Debt Service Ratio: up to 40%
- Equity contribution: 20% for salaried employees and 30% for Self Employed.
- Joint Mortgage option available
- Competitive pricing
- Flexible repayment plan