Mortgage banks would be the preferred financial institution for those that plan on buying their own land, most notably real property and homes. Needing the professional services of mortgage banks is crucial to attaining this.
In reaction to this quest for best banks which provides this support, this write-up will offer the listing of top ten greatest mortgage banks in Nigeria which are reliable. Know these financial institutions are dully registered by the Central Bank of Nigeria (CBN) and could be trusted.
Top 10 Greatest Mortgage Institutions in Nigeria (2020)
Here’s the positions of the top mortgage banks That Provides the best mortgage banking services on the planet;
FBN Mortgages Ltd
First Bank of Nigeria Mortgages Limited is among the best choices in supplying very good mortgage solutions. With years of expertise in providing quality solutions in the banking business, the FBN mortgage lender aims at providing the ideal mortgage banking services and goods which reflects its own dominance of its own parent First Bank in the financial services sector of the nation.
This financial institution gives a vast selection of mortgage and property financing option, to assist their growing customers. By means of this mortgage solutions, they expect to assist this clients make them possess an perfect homeownership and property development.
Abbey Mortgage Bank Plc
Abbey Mortgage Bank Plc is possibly the best, biggest and most rewarding, non-aligned main mortgage lender in the nation. The lender obtained it’s license in the Central Bank of Nigeria and Federal Mortgage Bank of Nigeria (FMBN), as well as seven other federal main Mortgage Investors (PMB). The mortgage institute also offers an certification for the National Housing Funding (NHF) on-lending facilities.
Abbey Mortgage bank provide various investment and mortgage solutions. This can be complemented with all the advice and advisory services that they provide to corporate associations, including people to allow them access home fund. The lender also leave and facilitate the supply of mortgage and property related services.
Platinum Mortgage Bank Ltd
Another best mortgage lender in Nigeria is your Platinum Mortgage Bank Ltd. This mortgage establishment has been incorporated in 1992 together with the Corporate Affairs Commission, and their aim is to offer loans, savings and houses possession solutions, and accredited by the Central Bank of Nigeria and the Federal Mortgage Bank of Nigeria.
It’s supported under the CBN Decree 24 of 1991 and also FMBN Decree No. 53 of 1989 respectively to Offer Mortgage Banking Services from the Nation. The lender gets it administrative headquarter in Lagos, with branch offices in strategic areas in Nigeria.
Originally called Platinum Card Home Investment and Mortgage Limited, PMB Limited has been recapitalized to a quality-assurance main Mortgage Institution, and they’re backed by advanced products, providers, newest information technologies and essential expert direction.
Safetrust Mortgage Bank
Previously Called Safetrust Savings and Loans Limited, Safetrust Mortgage Bank Limited is among the Main Primary Mortgage Bank (PMB) in Nigeria. The mortgage institute had been set on the 2nd of September, 1992 and it started operations in September 1993, where they have a registered office in 18, Keffi Street Ikoyi, Lagos.
The lender was licensed by the Central Bank of Nigeria (CBN) and got accreditation by Federal Mortgage Bank of Nigeria (FMBN) for the disbursement of the National Housing Fund (NHF) loans to donors.
Ownership of Safetrust mortgage lender is diversifed using its shares owned by institutional investors, large net-worth people in addition to professionals in a variety of industries. Together with these, thaey goal at supplying first-class mortgage banking services to its own numbering clients.
Trustbond Mortgage Bank
Trustbond Mortgage Bank Plc was created in 2005, using a administrative headquarter in Lagos. The institution of the mortgage lender has been emerged in the aftermath of the revision of capital construction of banks in 2005.
This was about the purchase of Gateway Bank from Intercontinental Bank Plc. Moreso, accessibility Bank following its purchase in 2011, it’s Intercontinental Homes as one of it subsidiaries.
Trustbond Mortgage Banks includes a current paid up capital of over N5billion. The lender is a highly connected monetary company, and they function in most states of the nation.
Federal Mortgage Bank of Nigeria (FMBN)
Launched in 1956, the Federal Mortgage Bank of Nigeria (FMBN) was originally known since the offender Building Society (NBS). The were also a joint venture of the Commonwealth Development Corporation and the Federal and Eastern Governments of Nigeria.
The mortgage institute functions as an effective instrument for raising the mobilization of long-term capital, lending volume and growth of mortgage lending providers. Their solutions is present in every area within the country’s border.
It’s the central purpose of the Federal Mortgage Bank to give accessibility to long-term credit agencies to additional mortgage banks in Nigeria at regular rates which enables other mortgage associations to have the ability into grant loans to organizing individuals keen to obtain their own homes.
It allows for the establishment, development and promotion of additional mortgage associations in both the national and state levels.It is likewise the responsibility of the Federal Mortgage Bank of Nigeria to provide license to other mortgage associations that wants to run in Nigeria.
Lagos Building Investment Company
Lagos Building Investment Company PLC (LBIC) was created on 14 February 1980 as a corporate mortgage association in Lagos State. The aim of this organization is at supplying mortgage finance centers to allottees of the assorted Low- Cost Home Builders constructed from the State Government (involving 1979-1983).
LIBC turned into a full-pledged Main Mortgage Bank (PMB), together with this promulgation of the Fund Institution Act No.53 of 1980.The mortgage Bank has contributed hugely to home development, together with the development of more than twenty-five million (22,000) mortgages throughout Lagos State. Their functions is observed within and beyond the state.
Resort Savings and Loans
Resort Savings & Loans is a main Mortgage Institution (PMI) that targets supplying support, creating mortgage resources and other credit facilities for this clients. The mortgage institute has more than twenty decades of operational expertise in the nation, and they’ve grown steadily in accomplishments, acceptability and reputation.Resort Savings and Loans includes a corporate head office in 25, Olowu Street, Ikeja, Lagos, together with amounts of different branches across the nation.
Akwa Savings and Loans Limited
The Akwa Savings And Loans Limited is a Mortgage Bank completely possessed by the Akwa Ibom State Government. It had been created and incorporated on January 25, 1993 under the title Akwa Mortgage Finance Limited with entirely paid up capital of N20 million.
The mortgage institute has its corporate headquarters in Plot 1, Block 1, Federal Housing Estate, Abak Road, Uyo in which it manages additional many other division inside and away from the state’s border. Regardless of being a nation owned mortgage lender, it’s also available for non-indigenes to perform their own mortgage banking.
Aso Savings and Loans
Aso Savings and Loans Plc is a financial services institution based on 9 November 1995 in Nigeria. They’re inclined to providing mortgage banking services and products. The mortgage also provides a variety of transactional accounts, fixed deposits and monetary loans.
The help of the mortgage lender also extends into e-banking solutions like desktop and mobile banking. Request Savings and Loans Plc includes a corporate head office in Plot 266, FMBN Building, Cadastral Zone A, Central Business District, Abuja.
These are the top ten greatest mortgage banks in Nigeria that 2020. Together with their quality services and products, they may supply you with great choices in mortgage banks in the nation. Thats much we could say on this.