FirstTrust Mortgage Bank Introduces New Financing Options

FirstTrust Mortgage Bank Plc is committed to expanding access to structured and flexible financing solutions for Nigerians through a diverse portfolio of real estate and mortgage-related products. These offerings cater to homebuyers, existing homeowners, salaried employees, self-employed professionals, public and private sector workers, and Nigerians in the diaspora.

The product portfolio includes Mortgages, Home Refinance, Home Improvement Finance, Diaspora Mortgage, and Short-Term Loan facilities. The Home Mortgage Refinance facility allows eligible customers to refinance existing mortgages from other financial institutions, with no equity contribution required and flexible repayment structures.

The Home Improvement Finance provides funding for property improvement projects, allowing customers to access financing of up to 25% of the property's value. Additionally, the Diaspora Mortgage facility is available for qualifying permanent immigrants and self-employed professionals seeking to acquire residential property in Nigeria, offering long-term financing options.