There are numerous mortgage banks in Nigeria. Some are licensed by the CBN and insured by NDIC, while some are not. To be sincere when dealing with anything related to money, you need to be careful so that you won’t be duped of your money or property. To prevent scams and fraud, I have prepared the list of licensed mortgage banks in Nigeria and also explained the features and aims of the most popular ones.
List of Mortgage Banks in Nigeria
Below is the list of mortgage banks licensed and insured by the Central Bank of Nigeria.
- ABBEY MORTGAGE BANK – LAGOS
- AG HOMES – LAGOS
- AKWA SAVINGS – AKWA Ibom
- ASO SAVINGS & LOANS – ABUJA
- BRENT (SKYFIELD) SAVINGS – LAGOS
- CENTAGE SAVINGS & LOANS – LAGOS
- CITY CODE – LAGOS
- COOP SAVINGS & LOANS – OYO
- DELTA MORTGAGE FINANCE – DELTA
- FBN MORTGAGES – Ikoyi LAGOS
- FHA HOMES LTD. – ABUJA
- FIRST GENERATION HOMES – Garki, Abuja
- GATEWAY SAVINGS – Abeokuta OGUN
- GLOBAL TRUST – Victoria Island, LAGOS
- HAGGAI MORTGAGE BANK – LAGOS
- HOME-BASE MORTGAGE – LAGOS
- IMPERIAL HOMES – Lagos LAGOS
- INFINITY TRUST – ABUJA
- JIGAWA SAVINGS & LOANS – JIGAWA STATE
- JUBILEE-LIFE MORTGAGE BANK – LAGOS
- KEBBI STATE HOMES – KEBBI
- LAGOS BUILDING & INVESTMENT – LAGOS
- MAYFRESH MORTGAGE BANK – ABIA
- MGSL MORTGAGE BANK – ABUJA.
- MUTUAL ALLIANCE – AKWA IBOM
- NEW PRUDENTIAL – LAGOS
- NIGERIA POLICE MORTGAGE BANK – Abuja
ABBEY MORTGAGE BANK
Abbey mortgage bank was founded in the year 1990. The mortgage bank was founded to make the Nigerian dream come to reality by borrowing them loans related to housing and infrastructure.
Abbey service is not limited to mortgage service alone; it offers wholesale and retail banking, electronic banking & investment banking services. The bank has over 200 staff in all its branches in Nigeria.
Abbey mortgage bank is among the primary mortgage banks (PMB), and it is licensed by the central bank of Nigeria (CBN). It has ten branches in Nigeria, and its headquarter is situated in Lagos. To learn more about abbey mortgage bank, message them on their WhatsApp Channel: +2349134444840 or visit their office @ 23 Karimu Kotun Street, Victoria Island, Lagos. Nigeria.
AG HOMES
The AG Mortgage Bank Plc, formerly known as AG home saving & loans plc, is a mortgage bank incorporated on July 21 2004. It was formerly a private limited liability company, later transferred to a public limited company in April 2007. The bank is among the primary mortgage banks (PMB), and it is licensed by the central bank of Nigeria (CBN).
Ag mortgage was created to provide premium mortgage solutions to Nigeria society. Its services include mortgage lending, real estate construction finance, drawing from the mortgage funds (e.g. National Housing Fund Facility) for on-lending, acceptance of savings, term, mortgage focused demand deposits and financial advisory services.
Their headquarter is situated in Lagos with seven branches in Nigeria. Ag homes have satisfied over 3042 customers. To sign up for their service, contact them Email: info@agmortgagebankplc.com, or Phone: +234 815 554 3000.
ASO SAVINGS & LOANS
Aso savings and loan was founded to provide housing solutions to Nigerians. The mortgage bank was incorporated in Nigeria as a limited liability company on November 9, 1995, and was later shifted to be a public liability company (PLC) on September 22, 2005. it is licenced and regulated by the CBN.
They have developed five housing estates in Abuja, and they have raised Over N30 billion mortgage to 12,000 homeowners. ASO has 13 branches in Nigeria, and its headquarter is in FCT.
BRENT (SKY FIELD) SAVINGS
BRENT (SKY FIELD) SAVINGS, now known as Brent Mortgage Bank Ltd, was created to leverage Efficiency and Trust to Empower Home Ownership in Nigeria. The bank has its headquarter located in victoria island Lagos, and it has two active branches in Lagos state. The bank is registered and licensed by the CBN. Services offered in brent include e-banking, mobile banking, the opening of kiddies account, loan services, commercial mortgage, diaspora mortgage, direct mortgage, e.t.c. to learn more about brent, visit https://brentng.com/ or contact them at +234-08058695448 – Info@brentng.com.
SAFETRUST SAVINGS & LOANS
Safetrust savings and loan mortgage bank is one of the leading mortgage banks in Nigeria. It is licensed by CBN, and it offers the best service to its clients. Safe trust services include Mortgage Banking, Real Estate Construction Finance & Advisory Services for Mortgages, Financial consultancy on Real Estate Investment, and Other Banking Services. With safe trust, you can open a personal or individual account, open an enterprise account, society or group account, and safe target accounts. to know more about them, visit their website https://www.safetrustmortgagebank.com
STB BUILDING SOCIETY
STB Mortgage Bank is a Primary Mortgage bank incorporated in March 1991. The bank was licensed by the Ministry of Works and Housing in 1991, and this gave it the opportunity to carry on the full range of Mortgage Banking practices. The aim of the STB mortgage bank is to satisfy the housing needs of Nigeria and to ensure continuous growth in shareholders’ net worth. They offer services including residential mortgage loans, commercial mortgage loans, advisory services to manage property development, revenue collection, and facility management.
TRUSTBOND MORTGAGE BANK
Trustbond mortgage bank is a mortgage bank founded in 2005. it is a great bank that helps its customers meet financial and mortgage needs and deliver superior values to their stakeholders. The bank is licensed and registered by the CBN.
Trustbond mortgage bank has a variety of products which include saving and investing, financial advisory, the opening of a current account, and housing loan. The amazing development of this org institution is that it offers an online banking service that customers can use to perform a fast transaction. If you are looking to buy a home, you can apply by visiting their website or bank.
COOP SAVINGS & LOANS
COOP SAVINGS & LOANS is an efficient mortgage bank that focuses on providing financial services to the low and middle class through cooperatives and associations using innovative best practices. They provide durable houses, high quality and affordable homes with ease of payment in Nigeria. The bank was founded in 1994, and it has been operated for the past 28 years. Their primary service includes Mortgage Banking, Real Estate Construction Finance, and financial advisory services with a special focus on cooperatives.
The bank headquarters is located in Ibadan, and it has 15 annexes all over the states in Nigeria. The bank makes use of digital technology for fast and smooth transactions. Mobile App, ATM, POS, Online Banking.
OMOLUABI (LIVINGSPRING)
The living trust mortgage bank plc was incorporated in 1993. It is one of the leading primary mortgage banks in Nigeria. The bank was established to provide Mortgage banking services, Mortgage Financing, Real Estate Construction Financing, and General Financial Services.
The living trust mortgage bank head office is situated in Osogbo, Osun state capital. To learn more about the bank, contact them at info@Livingtrustng.com.
REFUGE HOMES
The refugee home mortgage bank was licensed and incorporated by the CBN of Nigeria in 1992. the bank was founded with the sole aim of delivering affordable housing accommodation to their customers regularly through a well thought out funding arrangement.
With Refuge home, you can borrow to purchase or build resident or commercial houses. It accepts savings and fixed deposits from the public and payment of interest thereon. One of the benefits of banking with them is that they offer online banking. To bank with them, visit their headquarter in No. 66, Opebi Road, Ikeja, Lagos, Nigeria.
FBN MORTGAGES
FBN MORTGAGES is a personal home loan service rendered by first bank Nigeria. The bank was created with the aim of helping Nigerians by borrowing them a loan that will boost the finance and allow purchase their first home, construction, or renovate. To get started with FBN mortgage bank, kindly visit any nearest first bank in your area to apply.
PLATINUM MORTGAGE BANK
Platinum mortgage bank ltd is one of the leading mortgage banks in Nigeria, and it is licensed and incorporated by the CBN. The bank offers a lot of services and has ten branches in Nigeria. It offers banking services that include mortgage banking, personal banking, and business banking.