Current Offer: Dream Home Mortgage Scheme
Location: Brains & Hammers City
Dream Home Mortgage Scheme
From renting to owning your dream home
The Dream Homes Mortgage Scheme is the latest product of Brains and Hammers Limited, created to make houses more affordable and available to the ever growing Nigerian populace.
This is in conjunction with Jaiz Bank and supported by the Nigerian Mortgage Refinance Company (NMRC) and Modern Shelter Systems.
The Brains and Hammers rent to own scheme offers;
1. Mortgage tenure of up to 20 years.
2. Zero (0) Equity contribution.
3. Rental rates of 20% per annum.
4. Delivery period of 9 months.
5. Monthly, Quarterly, Annual and Biannual Repayment plans.
TERMS & CONDITIONS FOR MORTGAGE (PROCESS FLOW)
· Client chooses property type and completes Expression of Interest form.
· Modern Shelter conducts eligibility test against his/her salary (Rental rate at 20% per annum, with up to 20 years Repayment eligibility period).
· Client completes bank completes forms.
· Client domiciles salary with Jaiz Bank Plc.
· Indicative Offer Letter is issued to the client.
· Forms are submitted to the bank with supporting documentation.
· Bank pre-qualifies client and notifies Modern Shelter.
· The bank obtains all legal documents on the title from the developer.
· Offer letters are obtained from the bank.
· Property is handed over 9 months later.
2 Bedroom Flat,
This luxury 2 bedroom flat is going for N15m, its complimented with an elegant finishing. A master's bedroom en-suite, exquisite staircase.
3 Bedroom Flat
This exquisite 3 bedroom flat goes for N20m, it has a master's bedroom en-suite, 2 additional bathrooms and an elegant staircase.
4 Bedroom Terrace
This elegant 4 bedroom terrace is going for N27m, all rooms en-suite, inclusive of a guest toilet and a majestic staircase.
2 Bedroom Flats
3 Bedroom Flats
4 Bedroom Terraces