We offer a wide range of Banking, Mortgage and Commercial Real Estate Financing services.
Line limit: Dependent on customer’s capacity
Tenor: 12months
Loan Purpose: To finance re-stocking in the shop
Clean-up cycle: 60/90 days (for monitoring purpose)
Security: Trust deed on hypothecated stock or the shop title
Capacity is measured via cash flows of the customer by discounting 50% of the inflows and uses the average amount to determine the line limit
Facility limit: N15,000,000
Equity 30% of BOQ
Interest Rate: 25% per annum
Liability Product: Individual Current Account
Fees: 2% flat
Loan Purpose:To complete construction of a house
Approved Location: Abuja & Lagos
Acceptable Title: C of O or Recertified R of O
Home Insurance
Facility Limit: N5 Million
Interest Rate: 22% per annum
Fees:2% flat
Security: The shop title document is deposited with FGMB
Liability Product: Individual Current
Acceptable Title: Shop Location
Equity Contribution: 20% of the quoted shop amount in cases of shop purchase. Shop owners with intention of refinancing do not require equity contribution.
Facility Limit: N2,500,000
Interest rate: 25% per annum
No equity except for rent purposes
The tenor range of between 6 months and 12 months with a rollover option and rollover fee of 0.5%
The tenor range of between 6 months and 12 months with a rollover option and rollover fee of 0.5%
Interest Rate: 25% per annum
Fees: 1% flat
Loan Purpose: for construction, renovation, refurbishing etc.
Security: legal mortgage on property with C of O
Security: legal mortgage on property with C of O
Liability Product: Individual Current Account
Facility Limit: N15,000,000.00
After 13 years of payment, customer will then own the house
Facility Limit: N15,000,000
Location: EFAB Selected houses
Children and young adults aged 0 - 21
These are transactions evolving from partnership with Developers on the sale of houses in an off-plan arrangement: customer makes an upfront down payment and then the balance is spread over a period of time say 6 months, 12 months or 18 months.
Electronic Banking;
Savings and Fixed Deposit;
Loan Syndication;
NHF Mortgage Packaging;
Real Estate Advisory Services;
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