Title
Mortgage in Nigeria by Emeka Okoronkwo
Description
In a conversational manner, mortgage involves the intervention of a lending institution i.e a financial institution or mortgage bank in assisting aspiring property owners with inadequate funds, purchase properties of their choice by providing them additional fund required to meet the purchase price, at an agreed rate and tenure (number of years required to complete payment).
This process is complex and we advice that prospects first speak to realtors to help them define what option that will best apply to their situation and help them secure the best term and rates.
Kingscourt Realtors can assist as we have varied alliances with financial institutions and mortgage Institutions.