MREIF is Better: FirstBank’s Mortgage Loan Is the Game-Changer for Home Ownership in Nigeria

Anyone who has tried to get a loan to buy a house in Nigeria knows the drill: endless forms, property valuation, and an eventual down payment of at least 25% or more on the property. Sometimes, interest rates could go as high as 30% per annum, while the typical loan limit is N50 million. Now, … Continue reading MREIF is Better: FirstBank’s Mortgage Loan Is the Game-Changer for Home Ownership in Nigeria