Owning a property is everyone’s dream and doing so through a hassle-free process is the icing on the cake. One of the major issues faced by most people who desire to own a place they can call home is getting low interest financing option to make this dream a reality.
The reality is that the process of getting a mortgage loan is quite easy in theory, but practically difficult. Fortunately, the Luvanex Mortgage Program makes home loans easy! Whether you are looking to invest in real estate, purchase a property or rent an apartment, our Mortgage Program can help make your dreams a reality.
Let’s take a walk together as we shed some light on what the Mortgage Program entails.
The Luvanex Mortgage Program provides an investment opportunity to individuals who are looking to explore an alternative investment through real estate options to make their money work for them. With our Private Mortgage Program, the investor has the advantage of choice – to invest in the purchase of a house or lease of an apartment.
You can kick start investment in the Luvanex Mortgage Program with 1 Million Naira (for funding rental home) and 5 Million Naira (for funding the purchase of a house). An investor will get a monthly payback of the amount invested and a 10% Return on Investment (ROI) if it’s a house purchase that is invested in and a 17.5% Return on Investment (ROI) if it’s a rental home.
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Private Mortgage for Home Loan
The Luvanex Mortgage Program is designed to make house purchase process an easy one. It also makes home ownership affordable because you can spread the repayments on your home loan over a period of years; hence making the monthly repayment easier and affordable.
As a buyer, you can borrow between 5 Million Naira to 50 Million Naira at an interest rate of 10% and monthly repayments over 1 to 10 years.
With low interest rates, the home of your dreams could soon be a reality!
Private Mortgage for Rental Loan
The interesting part about the Private Mortgage Program is that it is not limited to home purchase. It covers rental, we understand that churning out a lump sum to pay for annual rent can bore a hole in your pocket. With 30% down payment and an interest rate of 17.5%, you can move into your choice rental home and spread the loan repayment for the duration of 12 months.
To qualify for our Mortgage Program rental loan, here are the criteria’s you must meet:
- Mid- level staff and above
- Minimum 2 years employment status
- Age range of 21 – 45 years
- Minimum net disposable monthly salary of ₦100,000.00
- Active bank account with minimum of 1 year active status
- No other rental financing obligations
- Nigerian citizenship
- Available pension with statement evidence
- BVN for financial and credit risk verification
- Gainfully employed Next of Kin
- Reputable Guarantor with financial capacity to take over the loan facility
At Luvanex Builds, we understand that the mortgage industry, the housing market, and real estate financing in general is a constant and ever changing environment. By embracing change as a necessary component of growth, we constantly look for ways to improve and to better serve our clients.
We are here to support your mortgage needs. Contact us today on +2348166203701 or visit mortgage.luvanexbuilds.com to see how you may qualify to make one of the greatest investments of your life.