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Zenith Mortgage Loans |
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Zenith Bank Plc Nigeria is partnering with United States Agency for International Development (USAID) to make available mortgage loans to middle and low income Nigerians.
This loan is used for the purchase of primary residence in Nigeria.
To enable the bank access your eligibility for the loan, check below for:
Checklist for Mortgage Loan Application
Eligibility Criteria
| Facility Type: |
Adjustable Rate Mortgage |
| Maximum Loan per Individual: |
N8m |
| Maximum Cost of House: |
N10m |
| Combined Household Gross Income: |
N8m max |
| Equity Contribution: |
Minimum 20% |
| Tenor: |
3-10 Years |
| Principal Repayment: |
Monthly, Quarterly, Half-Yearly or Yearly |
| Security: |
Clean Title Document of Property |
| Target Customers: |
Economically engaged Nigerians resident in all the 36 state capitals. Property purchase has been extended to include all the 36 state capitals. |
| Purpose: |
To purchase "completed" housing unit only |
| Use of Property: |
Primary Residence (i.e. Owner-occupier) |
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| THIS MORTGAGE LOAN IS FINANCED BY ZENITH BANK PLC IN PARTNERSHIP WITH THE UNITED STATES AGENCY FOR INTERNATIONAL DEVELOPMENT (USAID). |
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| Apply and submit request online >> |
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