Product & Services

Residential Mortgages

Residential Mortgage

Purpose

For acquisition of residential housing unit for personal use.

Tenor

Up to 25 years (depending on your age)

Mortgage Value

Up to N60 million mortgage facility can be given .

Equity Contribution

Between 20% to 30% (depending on the value of the property) .

Processing Period

Within 4 weeks (subject to submission and availability of required documents

Imperial Flex

Purpose

Construction of cluster residential properties (minimum of 10 staff).

Tenor

Up to 15 years (depending on age).

Mortgage Value

Subject to a maximum of N40m.

Equity Contribution

30% of property value or Land with registered title already acquired.

Processing Period

Within 4 weeks.

IMPERIAL PRO

Purpose

To provide mortgages for staff, cash backed with Fixed deposit placement

Tenor

Up to 20 years (depending on your age)

Mortgage Value

Up to 90% of fixed deposit placement

Equity Contribution

10% of property value provided loan amount is not more than N70million.

Processing Period

Within 2 weeks.

Equity Release

Purpose

Equity release on residential property owned by the customer./p>

Tenor

Up-to 15 years (depending on your age)

Mortgage Value

Not more than 50% of the FSV of the property and subject to a maximum of N50 million

Equity Contribution

Not Required

Processing Period

Within 4 weeks (subject to submission and availability of required documents).

DIASPORA MORTGAGE

Purpose

For acquisition of residential housing unit by Nigerians abroad.

Tenor

Up-to 10years (depending on your age)

Mortgage Value

Up to N50 million mortgage facility can be given .

Equity Contribution

40% (depending on value of property) .

Processing Period

Within 4 weeks (subject to submission and availability of required documents).




National Housing Fund (NHF)



Mortgage

Purpose

For acquisition of residential housing unit for personal use.

Tenor

Up to 30 years (depending on your age)

Mortgage Value

Up to N15 million mortgage facility can be given .

Equity Contribution

10% for property more than N5 million.

Processing Period

Up to 9 months

Refinance

Purpose

To refinance already acquired housing unit.

Tenor

Up-to 30 years (depending on your age)

Mortgage Value

Up to N15 million mortgage facility can be given .

Equity Contribution

10% for property more than N5 million.

Processing Period

Up to 9 months

Bridge Mortgage

Purpose

Bridge finance pending processing of NHF Loan.

Tenor

12 months – Interest Only

Mortgage Value

Up to the value of the NHF Loan applied for (maximum N15m)

Equity Contribution

In line with requirement of processing the NHF Loan applied for (N15m maximum)

Processing Period

4 weeks to process the bridge facility and up to 9 months to process the NHF.





Banking Services

We are currently the Most technologically advanced mortgage bank by virtue of the newly deployed digital channels.

  • Instant Online Account Opening
  • Mobile Banking
  • Internet Banking
  • Savings and Current Accounts for Individual and Cooperate Customer



Investment Services

Grow your wealth and enjoy attractive rates on our fixed deposit placements. Speak to us today !