Central Bank of Nigeria: Primary Mortgage Institutions

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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

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

 

Source:CBN.GOV.NG

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