C-NMRC

C-NMRC

Maximum Loan Amount: Obtain a loan of up to N50m

Interest Rate: 18%

Tenor: 20 years.

Purpose: To refinance an existing mortgage

Collateral: Any registered title document of the property.

HOW

Must have an existing mortgage

Must have been consistently making prompt monthly repayment over a minimum period of 6 months

FOR WHO?

For Nigerians who have mortgage running and has not defaulted in monthly repayment since the inception of loan repayment

Mortgage Calculator

Purchase price

Please enter here the amount you expect to pay for a home.

Down payment

Down payment is cash that you pay upfront for your home.

Term in years

Number of years you have to pay.

year(s)

Interest rate (per year)

The percentage of interest that you will pay on your mortgage for a specific term.