Brent Mortgage Direct is designed to provide mortgage facilities to customers (regular income earners/ established business owners with stable income) for the acquisition of residential properties.
Features
- Flexible means of repayments: monthly or quarterly.
- Payment can be made by cash, cheques, direct debit, standing order or e-transfer.
- The property is the collateral security.
- Minimum account balance of N10,000.00
- Tenure is between (5-20) years
Benefits to customers:
- Interest rates of 1% above normal savings account on equity build up.
- Long tenor to ease repayment burden
- Flexibility of repayment options
- Beneficiaries can also access the NHF loan scheme to supplement, if they are contributors.
- Refinancing option available via NMRC.
What to Do:
- Open Brent Mortgage Direct Account with N50,000.00.
- Save up to 30% equity over a minimum period of six months.
- Present evidence of regular income to guarantee loan repayment.
- Present properties with registered title documents.