FCMB, firms partner on mortgage loan
Finance News

FCMB, firms partner on mortgage loan

First City Monument Bank (FCMB) has partnered with Brains & Hammers Limited and Brooks Assets & Resources Limited to provide affordable housing for self-employed and salary earners in Lagos State.

According to THE NATION, the partnership will empower FCMB customers and other Nigerians to purchase homes or acquire land in areas of their choice within the state.

In a statement, the Divisional Head, Personal Banking, FCMB, Shamsideen Fashola, said: “Our partnership with Brains & Hammers Limited and Brooks Assets & Resources Limited provides a unique opportunity for our customers to fulfill their dreams of home ownership, easing all the constraints and fears associated with this exciting and self-fulfilling life moment that everyone cherishes.”Information Guide Nigeria

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Shamsideen Fashola  urged Nigerians to take advantage of the offer to fulfill their home ownership dream, assuring them: “FCMB will continue to support the dreams of its customers and Nigerians by giving them the financial support they need to be homeowners when it matters most.”NYSC Portal

He added that the loan is easy to obtain and repayment is flexible.

The Acting Group Chief Operating Officer of Brains & Hammers Limited, Mrs. Christine Fashakin-Nobre said: ‘’Brains & Hammers has an assortment of products in Abuja, Lagos and Kano that can meet the needs of every type of potential homeowner.”

Ms. Lanre Sola, Managing Director, Brooks Assets & Resources Limited, said: “Aside giving Nigerians the opportunity to pay over a long period, the funding will help to reduce the cost of houses because, as a developer, you can now access low-interest loans for construction due to visibility of an exit plan. This intervention will also greatly enhance the modality of the mortgage facility and aid home ownership or property purchase for a lifelong time benefit.’’

According to THE NATION, the partnerships, which offers mortgage loans of up to N75 million, seeks to bridge Nigeria’s home ownership gap, helping customers become landlords, eliminating challenges for first-time buyers, and making them secure, accomplished and fulfilled.JAMB Result

 

 

Idongesit is a graduate of Communication Arts, University of Uyo. Currently working as a news reporter at InfoGuide Nigeria.

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