Topic: 10% equity payment on mortgages below N5m waived  (Read 891 times)

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10% equity payment on mortgages below N5m waived
« on: March 07, 2017, 07:00:45 AM »
10% equity payment on mortgages below N5m waived

FEDERAL Government has finally approved that henceforth, mortgages below N5m (five million Naira) will not attract the initial payment of 10% equity from off takers. The decision to wave the percentage came as a demonstration of its resolute commitment to the provision of affordable housing to Nigerians, especially the low income earners, This was made […]


The post 10% equity payment on mortgages below N5m waived appeared first on Nigerian Pilot: Nigerian Newspaper.


Source: 10% equity payment on mortgages below N5m waived

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post culled from nigerianpilot.com

 

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