Banking Services
hidden
Target Savings Account
- Amount not exceeding N1mMaximum tenor 2 years
- Repayment terms of monthly, quarterly and bulk repayments
- Interest rate 21% per annum
- Commitment fee of 2% flat
- The purpose is for house renovation
- Targeted at income earners/civil servants
- It allows customers acquire up to N1m for house renovation
- The product is also beneficial to customers with mortgage without additional collateral
- Easy repayments spread up to 24 months
- Loan with ease, not more than two weeks of applicati
- Only 10% equity contribution needed
- Domiciliation of salaries
- Handwritten application
- Six months salary slip (civil servants) self-employed 6months bank statement
- Letter of Undertaking (civil servants)
- Acceptable collateral
- Customer stake of 10% of N1m
- Purchase of Mortgage Redemption Application Loan (@N10,000.00) only
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Current Account
- Amount not exceeding N1mMaximum tenor 2 years
- Repayment terms of monthly, quarterly and bulk repayments
- Interest rate 21% per annum
- Commitment fee of 2% flat
- The purpose is for house renovation
- Targeted at income earners/civil servants
- It allows customers acquire up to N1m for house renovation
- The product is also beneficial to customers with mortgage without additional collateral
- Easy repayments spread up to 24 months
- Loan with ease, not more than two weeks of application
- Only 10% equity contribution needed
- Domiciliation of salaries
- Handwritten application
- Six months salary slip (civil servants) self-employed 6months bank statement
- Letter of Undertaking (civil servants)
- Acceptable collateral
- Customer stake of 10% of N1m
- Purchase of Mortgage Redemption Application Loan (@N10,000.00) only
hidden
Joint Savings Account
- Amount not exceeding N1mMaximum tenor 2 years
- Repayment terms of monthly, quarterly and bulk repayments
- Interest rate 21% per annum
- Commitment fee of 2% flat
- The purpose is for house renovation
- Targeted at income earners/civil servants
- It allows customers acquire up to N1m for house renovation
- The product is also beneficial to customers with mortgage without additional collateral
- Easy repayments spread up to 24 months
- Loan with ease, not more than two weeks of application
- Only 10% equity contribution needed
- Domiciliation of salaries
- Handwritten application
- Six months salary slip (civil servants) self-employed 6months bank statement
- Letter of Undertaking (civil servants)
- Acceptable collateral
- Customer stake of 10% of N1m
- Purchase of Mortgage Redemption Application Loan (@N10,000.00) only
hidden
Children Savings Account(Minor)
- Amount not exceeding N1mMaximum tenor 2 years
- Repayment terms of monthly, quarterly and bulk repayments
- Interest rate 21% per annum
- Commitment fee of 2% flat
- The purpose is for house renovation
- Targeted at income earners/civil servants
- It allows customers acquire up to N1m for house renovation
- The product is also beneficial to customers with mortgage without additional collateral
- Easy repayments spread up to 24 months
- Loan with ease, not more than two weeks of application
- Only 10% equity contribution needed
- Domiciliation of salaries
- Handwritten application
- Six months salary slip (civil servants) self-employed 6months bank statement
- Letter of Undertaking (civil servants)
- Acceptable collateral
- Customer stake of 10% of N1m
- Purchase of Mortgage Redemption Application Loan (@N10,000.00) only
hidden
Salary Rescue Account
- Amount not exceeding N1mMaximum tenor 2 years
- Repayment terms of monthly, quarterly and bulk repayments
- Interest rate 21% per annum
- Commitment fee of 2% flat
- The purpose is for house renovation
- Targeted at income earners/civil servants
- It allows customers acquire up to N1m for house renovation
- The product is also beneficial to customers with mortgage without additional collateral
- Easy repayments spread up to 24 months
- Loan with ease, not more than two weeks of application
- Only 10% equity contribution needed
- Domiciliation of salaries
- Handwritten application
- Six months salary slip (civil servants) self-employed 6months bank statement
- Letter of Undertaking (civil servants)
- Acceptable collateral
- Customer stake of 10% of N1m
- Purchase of Mortgage Redemption Application Loan (@N10,000.00) only
hidden
Special Account
- Amount not exceeding N1mMaximum tenor 2 years
- Repayment terms of monthly, quarterly and bulk repayments
- Interest rate 21% per annum
- Commitment fee of 2% flat
- The purpose is for house renovation
- Targeted at income earners/civil servants
- It allows customers acquire up to N1m for house renovation
- The product is also beneficial to customers with mortgage without additional collateral
- Easy repayments spread up to 24 months
- Loan with ease, not more than two weeks of application
- Only 10% equity contribution needed
- Domiciliation of salaries
- Handwritten application
- Six months salary slip (civil servants) self-employed 6months bank statement
- Letter of Undertaking (civil servants)
- Acceptable collateral
- Customer stake of 10% of N1m
- Purchase of Mortgage Redemption Application Loan (@N10,000.00) only
hidden
Target Savings Account
- Amount not exceeding N1mMaximum tenor 2 years
- Repayment terms of monthly, quarterly and bulk repayments
- Interest rate 21% per annum
- Commitment fee of 2% flat
- The purpose is for house renovation
- Targeted at income earners/civil servants
- It allows customers acquire up to N1m for house renovation
- The product is also beneficial to customers with mortgage without additional collateral
- Easy repayments spread up to 24 months
- Loan with ease, not more than two weeks of application
- Only 10% equity contribution needed
- Domiciliation of salaries
- Handwritten application
- Six months salary slip (civil servants) self-employed 6months bank statement
- Letter of Undertaking (civil servants)
- Acceptable collateral
- Customer stake of 10% of N1m
- Purchase of Mortgage Redemption Application Loan (@N10,000.00) only
hidden
Joint Savings Account
- Amount not exceeding N1mMaximum tenor 2 years
- Repayment terms of monthly, quarterly and bulk repayments
- Interest rate 21% per annum
- Commitment fee of 2% flat
- The purpose is for house renovation
- Targeted at income earners/civil servants
- It allows customers acquire up to N1m for house renovation
- The product is also beneficial to customers with mortgage without additional collateral
- Easy repayments spread up to 24 months
- Loan with ease, not more than two weeks of application
- Only 10% equity contribution needed
- Domiciliation of salaries
- Handwritten application
- Six months salary slip (civil servants) self-employed 6months bank statement
- Letter of Undertaking (civil servants)
- Acceptable collateral
- Customer stake of 10% of N1m
- Purchase of Mortgage Redemption Application Loan (@N10,000.00) only
hidden
Corporate Account
- Amount not exceeding N1mMaximum tenor 2 years
- Repayment terms of monthly, quarterly and bulk repayments
- Interest rate 21% per annum
- Commitment fee of 2% flat
- The purpose is for house renovation
- Targeted at income earners/civil servants
- It allows customers acquire up to N1m for house renovation
- The product is also beneficial to customers with mortgage without additional collateral
- Easy repayments spread up to 24 months
- Loan with ease, not more than two weeks of application
- Only 10% equity contribution needed
- Domiciliation of salaries
- Handwritten application
- Six months salary slip (civil servants) self-employed 6months bank statement
- Letter of Undertaking (civil servants)
- Acceptable collateral
- Customer stake of 10% of N1m
- Purchase of Mortgage Redemption Application Loan (@N10,000.00) only
hidden
Fixed Deposit Account
- Amount not exceeding N1mMaximum tenor 2 years
- Repayment terms of monthly, quarterly and bulk repayments
- Interest rate 21% per annum
- Commitment fee of 2% flat
- The purpose is for house renovation
- Targeted at income earners/civil servants
- It allows customers acquire up to N1m for house renovation
- The product is also beneficial to customers with mortgage without additional collateral
- Easy repayments spread up to 24 months
- Loan with ease, not more than two weeks of application
- Only 10% equity contribution needed
- Domiciliation of salaries
- Handwritten application
- Six months salary slip (civil servants) self-employed 6months bank statement
- Letter of Undertaking (civil servants)
- Acceptable collateral
- Customer stake of 10% of N1m
- Purchase of Mortgage Redemption Application Loan (@N10,000.00) only
hidden
Real Estate Investment Account
- Amount not exceeding N1mMaximum tenor 2 years
- Repayment terms of monthly, quarterly and bulk repayments
- Interest rate 21% per annum
- Commitment fee of 2% flat
- The purpose is for house renovation
- Targeted at income earners/civil servants
- It allows customers acquire up to N1m for house renovation
- The product is also beneficial to customers with mortgage without additional collateral
- Easy repayments spread up to 24 months
- Loan with ease, not more than two weeks of application
- Only 10% equity contribution needed
- Domiciliation of salaries
- Handwritten application
- Six months salary slip (civil servants) self-employed 6months bank statement
- Letter of Undertaking (civil servants)
- Acceptable collateral
- Customer stake of 10% of N1m
- Purchase of Mortgage Redemption Application Loan (@N10,000.00) only
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How do I open an account with FHA Mortgage Bank?
Answer to question 1 here.
I have an account with FHA Mortgage Bank, How do I enroll for the Home Ownership product?
Answer to question 2 here.
How do I qualify for home equity mortgage?
Answer to question 3 here.