The products is designed to enable prospective home owners achieve their dreams, by supporting them with the acquisition of real estate for home use.

For Whom
- Employees of companies
- Self employed professionals / persons
- Prospective / existing customers of HMB

How (Requirements)

- Open a deposit account with an initial deposit of N20,000.00
- Account is to be operated for a minimum of six months
- Save a minimum of 30% of loan requirements
- Present a letter of offer from the vendor
- Submission of valuation report by a registered Estate Surveyor & Valuer
- Submission of copies of available title documents on the property
- Search report revealing that the property his freed from encumbrances

Features

- Applicants must have a means of regular income to cope with repayment
- Applicant must be at least 18 years of age
- Equity (customer"s) Contribution of 30% of the cost of the property
- Property financed is used as collateral
- Repayment period is negotiable
- Property must have valid title documents
- Residential properties financed under this scheme will have insurance coverage
- Attractive and competitive interest rate

Benefits

- Home ownership made easy.
- Ease of repayment over a long period removes pressure on your cash flow
- Repayment plan is marched against cash flow pattern
- Minimal owner contribution of 30% of loan requirement
- Free advisory services and support from Haggai Mortgage Bank