About Mortgage Loan

Now you can own your dream home! Make your dreams a reality with a convenient and flexible mortgage loan from Union Bank. You can access up to 150 million naira over 15 years at a minimum interest rate of 16% per annum.

Requirements for loan

• 6 months’ account statement (minimum 1 month with Union Bank)
• Bank Verification Number (BVN)
• Existing account holder
• Land Survey
• Receipt of copy of the registered title (C of O, deed of assignment, deed of conveyance, or right of occupancy) to property backed by power of attorney or duly attested court affidavit
• Pictures of the property
• Offer for sale of property from a reputable vendor/agent
• Valuation report (to be conducted by the bank)
• Letter of undertaking
• Application form
• Instruction to debit your account for Legal search, equity contribution, valuation, perfection, comprehensive insurance cost, and management fees

States Covered