Mortgage Loans
You derserve the best, Go for it...
- Only for developed properties in Lagos, Abuja, Port – Harcourt and choice areas of Ibadan.
- Sterling Bank finances up to 70% of the value of the property
- Maximum of tenor of 15 years Single obligor limit: Lagos =N=80m Other Locations =N=50m
- Customer provides original vendor’s offer letter
- Sterling Bank raises a draft in favour of Agent/Landlord directly.
Benefits
- Sterling Bank finance up to 80% of the cost of the property
- Equity contribution is just 20%.
- Banker’s Status Inquiry
- Maximum tenor of 180 months
- 1% comprehensive Insurance to cover the cost of the asset.
- Copy of approved building plan
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