Dreaming of owning your home through a mortgage system in Lagos?
Ibile Traditional Mortgage is an initiative that allows Nigerians at home and abroad to own their homes in a rent-to-own model on a single digit and across five years payment spread.
It is a groundbreaking rent-to-own housing scheme designed to make property ownership affordable, accessible, and stress-free for Nigerians living in Nigeria and abroad, on a single-digit interest rate of 9.9% annually and with a maximum instalment spread of five (5) years.
Why Choose Ibile Traditional Mortgage?
- Strategic locations where investors are moving fast.
- Secure, verifiable titles.
- The initial deposit is just 10% down payment & up to 5 years flexible payment plan.
- Rent-to-Own made simple.
Available Units & Prices
BUNGALOWS (with BQ)
- 2-Bedroom Bungalow – ₦75,000,000
- 3-Bedroom Bungalow – ₦85,000,000
APARTMENTS
- 2-Bedroom Flat – ₦54,000,000
- 3-bedroom Flat – ₦59,000,000
TERRACES
- 3-Bedroom Terrace – ₦116,000,000
- 4-Bedroom Terrace – ₦137,000,000
DUPLEXES (with BQ)
- 3-Bedroom Duplex – ₦227,000,000
- 4-Bedroom Duplex – ₦298,000,000
- 5-Bedroom Duplex – ₦340,000,000
SEE: From Off-Plan Purchase to Keys in Hand: How I Guided My Client Through Vista Residence Handover
Landmarks:
- Lekki Free Trade Zone
- Proposed International Airport
- Lekki Deep Seaport
- Alaro City
- Dangote Refinery
The Primary Metric for Eligibility
Either you are living in Nigeria or in the diaspora, eligibility check is based on the following:
- Ability to make deposit of at least 10% of the value of the house of your choice
- Ability to remit the balance of your money on a monthly instalment payment across 60 months, without default
- You must be a demonstrable income earner.
READ: 7 Step by Step Guide to Buying a House in Lagos
After the first initial deposit, applicants will be allocated when their payment gets to 30% of the total payment, and at 50%, keys to the homes will be given to applicants.
Kindly note that this is like a rent-to-own scheme, such that applicants can commence living in the homes at 50% payment, while they complete their payments even when living in their homes of choice.
Your dream is now within reach with IBILE TRADITIONAL MORTGAGE. The trusted Rent-to-Own initiative designed to make real estate ownership easy, flexible, and rewarding.
For more enquiry, kindly call +2349031815426 or click the WhatsApp button on the screen. Secure your unit today and step into the circle of exclusive homeowners.
