StartCredits StartCredits StartCredits StartCredits
  • Loans
    • Credit Score
    • Guide
  • Investments
    • Bank
    • Crypto
  • Log In
StartCredits StartCredits
  • Loans
    • Credit Score
    • Guide
  • Investments
    • Bank
    • Crypto
  • Log In
Infinity Trust Mortgage Bank

Infinity Trust

Interest Rate  (6% – 9%)

Apply
Category: Mortgage Tag: Mortgage
  • Description

Description

Infinity Trust Mortgage Bank


Infinity Trust Mortgage Bank is a Central Bank of Nigeria licensed institution offering loans for housing purposes in Nigeria.

 

The bank provides mortgage banking services, housing/property acquisition and development loans, deposit and withdrawal of funds and many other financial services

Products

  • Mortgages and loans
  • Banking services

Pros

  • Up to N10 million mortgage loan
  • Quarterly repayment available
  • Tenor may be up to 10 years

Cons

  • Significant documentation required, including your tax clearance certificate for the past 3 years
  • Age limit: The age limit is 60 years, which corresponds with the retirement age in the civil service.
  • Large minimum opening balance required

Mortgage Requirements

    • Two (2) recent passport photograph (full face forward, no glasses or head cover)
    • Duly completed account opening form (not need if there is existing parent account)
    • Duly signed signature specimen
    • Proof of identity: Copies of Driver’s License, International Passport, Permanent Voter’s Card, National I.D card.
    • Proof of Address: Utility Bill issued in the last 3months (IBDEC, Water etc.)
    • For corporate bodies: Company Registration particulars (Form CO2, Form CO7, Certificate of Incorporation, Memorandum and Article of association, Board Resolution, Search Report(Corporate Account Only)

 

Requirements for accessing an NHF Loan

  • Open a savings account with a registered Primary Mortgage Institution (PMI)
  • Contribution to the fund for at least six months prior
  • Have satisfactory evidence of regular flow of income to guarantee the loan
  • Submit photocopies of valid title documents (e.g. C of O)
  • Approved survey/site plans
  • Approved building plans
  • Priced bill of Quantities where applicable
  • Valuation report prepared by a firm of registered surveyors and valuers where applicable
  • Letter of consent to mortgage to your chosen PMI
  • Apply on a prescribed mortgage loan application form
  • Offer Letter/Acceptance and Allocation letter (In case of government projects)
  • In case of registered self employed applicant, a copy of Articles and Memorandum of Association and a copy of Certificate of Incorporation as evidence of employment status must be submitted
  • A contributor is eligible to enjoy a maximum of N15million repayable over a maximum of 30 years at an affordable interest rate of 6% of the maximum loan amount, 20% equity is required from the contributor

You may also like…

  • zenith bank loans

    Zenith Bank

Related products

  • Providus Bank

    Providus

  • Stanbic IBTC

    Stanbic IBTC

  • echo microfinance

    Eco bank

  • brent mortgage loan

    Brent Mortgage Bank

Search for your Loan

Latest Loans

  • quickcredit loans QuickCredit
    Rated 3.40 out of 5
  • susu microfinance Susu
  • TrustBond-Mortgage-Bank-Plc TrustBond
    Rated 1.00 out of 5
  • Lapo Microfinance
  • Infinity Trust Mortgage Bank Infinity Trust
  • paymyrent loan Paymyrent
    Rated 3.00 out of 5
  • Providus Bank Providus
  • kiakia loans KiaKia
  • Kada Microfinance bank Kada
    Rated 4.67 out of 5
  • Giwa MFB Giwa

Loan Advice

  • Funding options to Emigrate from Nigeria
  • How to access bank loans for your business in Nigeria
  • How to improve your credit score in Nigeria
  • Non-performing loans of Nigerian banks
  • Securing a federal government housing loan in Nigeria
  • How to check your NIN for a loan application
  • Types of loans offered in Nigeria
  • Home loans in Nigeria

Company

  • About
  • Contact
  • Careers
  • Credit Score

Loans

  • Moneylenders
  • Peer to Peer
  • Mortgage
  • Microfinance

Investments

  • Crypto
  • Bonds
  • Deposits
  • Shares

Follow Us!

Follow Us on FacebookFollow Us on TwitterFollow Us on Google+
  • Loans
    ▼
    • Credit Score
    • Guide
  • Investments
    ▼
    • Bank
    • Crypto
  • Log In
Return To Top
  • Moneylenders
  • Peer to Peer
  • Mortgage
  • Microfinance
2023