Mortgage guide for Nigeria
How Nigerians finance Lagos homes: bank mortgages, NHF, and developer plans.
Main paths
- Commercial bank mortgage - equity contribution, valuation, and salary documentation.
- NHF / Federal schemes - longer timelines, eligibility checks, and capped amounts.
- Developer payment plans - staged payments; confirm delivery risk and refund clauses.
Before you sign
Budget for legal fees, stamp duties, and service charge separately from the headline price. Compare total cost of credit, not only the monthly repayment.