Tag Archives: loan

The Nation reports that the Nigerian Immigration Service, (NIS) in collaboration with the Federal Mortgage Bank, has secured a housing loan facility for 60 officers and men of the service. The facility is worth N60 million. Comptroller General, (CG) of NIS, Muhammad Babandede, disclosed this at the official presentation of a dummy cheque to beneficiaries. Babandede said the development is ...

For most Nigerians that have served the government or being into civil service for donkey years it is almost impossible that they save enough to own a piece of land talk-less having money to build their own houses. Therefore, many Nigerians do require one form of assistance or the other to become landlords. This assistance normally should come in form ...

What is a Mortgage? A mortgage is a lien on a property/house that secures a loan and is paid (interest and principal) in installments over an agreed period of time. The mortgage secures your promise that you’ll repay the money you’ve borrowed to buy your home. Mortgages come in many different shapes and sizes, each with its own advantages and ...

Last time, I shared the private lender’s approach and gave an example. In order to broaden more on this approach i will use this medium to share another example. It is my hope that a lot of us will learn how to use this approach to our advantage. In this second example, I used private lender with another method. This ...