Central Bank of Nigeria: Primary Mortgage Institutions

Narp 50plus Mortgage for retired people

FG has approved 0 % equity contribution for housing loans below N5m. Once you’re are 18years and above, working in public or private sector, you are qualified. Go and look for a PMI to secure the loan. It is your money & it is for a duration of at least 25yrs.

FG has also just approved the reduction in equity contribution for housing loans btw N6m & N15m from 20% to 10%.

Go get the loans and take the headache of accommodation and landlord wahala off your head.

You can show this post to your Bank Account Official, they will explain better in details…okay?

By the way PMI means Primary Mortgage Institute, here is a list of CBN approved PMIs.

List of Financial Institutions

Primary Mortgage Institutions

1 ABBEY BUILDING SOCIETY LIMITED
2 ACCORD SAVINGS & LOANS LTD
3 AG HOMES SAVINGS & LOANS LIMITED
4 AKWA SAVINGS & LOANS LIMITED
5 ASO SAVING & LOANS PLC
6 Brent Mortgage Bank
7 CENTAGE SAVINGS & LOANS LIMITED
8 CITY CODE SAVINGS & LOANS LIMITED
9 COOP SAVING & LOANS LIMITED
10 DELTA BUILDING SOCIETY LTD
11 FBN MORTGAGES LIMITED
12 FHA HOMES SAVINGS & LOANS LTD.
13 FIRST GENERATION HOMES (SAVINGS & LOANS) LIMITED
14 GATEWAY SAVINGS & LOANS LIMITED
15 GLOBAL TRUST SAVINGS & LOANS LTD.
16 HAGGAI SAVINGS AND LOANS LIMITED
17 HOMEBASE MORTGAGE LIMITED
18 Imperial Homes Mortgage Bank Limited
19 INFINITY TRUST MORTGAGE BANK PLC
20 JIGAWA SAVINGS & LOANS LIMITED
21 JUBILEE-LIFE SAVINGS & LOANS LIMITED 
22 KEBBI STATE HOME SAVINGS & LOANS LTD. 
23 LAGOS BUILDING & INVESTMENT COMPANY LIMITED 
24 MAYFRESH SAVINGS & LOANS LIMITED 
25 MGSL Mortgage Bank 
26 MUTUAL ALLIANCE SAVING & LOANS LIMITED 
27 NEW PRUDENTIAL BUILDING SOCIETY LIMITED 
28 Nigeria Police Mortgage Bank  
29 OMOLUABI SAVINGS & LOANS 
30 PLATINUM SAVINGS & LOANS LIMITED 
31 REFUGE HOME SAVINGS & LOANS LIMITED 
32 RESORT SAVINGS & LOANS PLC 
33 SAFE TRUST SAVINGS & LOANS LIMITED 
34 STB BUILDING SOCIETY LIMITED 
35 TrustBond Mortgage Bank Plc 
36 UNITED MORTGAGE LIMITED  

 

Source:CBN.GOV.NG

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