NEWS
PROCESS FLOW FOR ACCESS TO 25% OF RSA BALANCE FOR THE PURCHASE OF RESIDENTIAL HOMES THROUGH MORTGAGE
1 Application for Mortgage loan by RSA Holder/applicant 2 Submission of Offer letter to the bank by the applicant for verification 3 Applicant approaches PFA with the verified offer letter to indicate intention to access 25% of his RSA balance for...
Key Documents Required for Mortgage Application in Nigeria
A mortgage can be a necessity if you can’t pay the full cost of a home out of pocket. Sometimes, it makes sense to have a mortgage on your home even though you have the money to pay it off. For example, if you have other investments you want to do,...
How to Apply for a Mortgage Loan in Nigeria: A Complete Guide
One of the pertinent challenges of low to middle-income Nigerians is that of homeownership. Some unconfirmed reports put the current housing deficit at over 17 million. There are several people who are gainfully employed but do not have their own...
5 Benefits of Taking Mortgage to Buy Your House Against Renting
Deciding to buy your own house is tough but ends up being the best decision you can make on your journey. It is worth it to have the emotional connection to a home you own, and a sense of stability that renting won’t bring. It is okay to take a...
Joint Mortgage: A Way to Buy A Home With A Loved One
When attempting to get a mortgage to finance a home, all the options can be overwhelming. A joint mortgage can be a great option to consider, especially for first-time home buyers, because it essentially allows you to split a loan with someone...