Casafina January 27, 2022 0 Comments

Mortgage Home Financing in Nigeria- What You Should Know

Do you need a mortgage to facilitate your home acquiring process? Do you know it is difficult to secure a reliable mortgage in Nigeria? Have you ever desired a seamless mortgage facility experience as a rich alternative to outright buying? Enough of the wishing, because such service now exists, and there’s so much you’d like to know about them. Recently, real estate saw a refreshed perspective of society towards it. The focus on acquiring a house shifted from the aged to millennials. As the old ones were planning to sell off their real estate properties, move to a retirement-focused country like Portugal, and enjoy the rest of their life, smart millennials were ammersing these properties unto themselves. Some even went as far as starting a joint venture that is solely established to acquire real estate as an entity, reposition it into the market and make nice short-term returns as they await the long-term returns.

How did this even happen? How were they able to pull these daring requests from turf circumstances around? It is simple – they learned about the mortgage and the potential it has to offer to them at their early life stage. Look at it this way, if you live in the United States of America today and you need to access the loan, you will be required to have a certain credit score to access certain loans at different points in your journey. 

There’s so much going on in the world right now, and that’s just probably a minute part of the several problems you have to deal with. Having heard different stories from different people, we came up with an initiative that affords Homeowners the opportunity to secure mortgages of up to 15years payback period. We understand the frustration and stress that came with the economic crackdown due to undebatable micro and macro factors respectively. 

As an example, if you determine today to buy outrightly a property that costs 90,000,000 naira, you most likely would buy it. But you would have lost the opportunity to leverage good loans, credit scores, and other credit-validating elements for your good. Usually, it is more valuable to get a mortgage than to stay as a tenant ‘santaclausing’ your salary for rent instead of for your own house. For mortgage, you get the opportunity to pay a commission in equity for a property you want to purchase, this could be 40%, 50% as it usually varies. However, immediately you complete your equity commitment, you get qualified to move to your house while a mortgage financing system kicks in to finance the rest for you for a valid payback period of up to 15 years, depending on your age and remaining active year in service as an employee.

In trying to get out of financial jams, it’s not impossible that you have taken high-interest loans and seem to be stuck with repayments, alongside the mountainous credit card debts. It’s also possible to be strapped off sufficient cash that could afford you to buy a real estate property of your choice. You sometimes might not be able to afford to purchase outrightly because of other vital responsibilities that lie beyond the scope of your salary. In fact, you could just want to get enough longstanding value for your money and living style from every corner. 

We know you have dreams, goals, and aspirations and we believe money shouldn’t be an impediment for you, in achieving them all. It’s time to take a hold of the narrative of your life. Nothing will change if you don’t work to make it change. We are here to help you achieve the change in the situation, we are here to help you achieve easily. Check for your eligibility by reaching out to our customer service. 

You don’t have to pay a dime to start the process, and there is no obligation even during the process. You can opt-out whenever you like. All you have to do is answer a few questions and our system will determine your eligibility. 

No mortgage financing system is as far as fast, efficient, and secure as what Casafina Development has now. Take the step now!

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