Do you have plan to move into your own home anytime soon? If Yes, Jubilee Home Plan is the answer.
Jubilee Home Plan is a home ownership product that helps build savings culture through a convenient monthly contribution leading to qualification for a mortgage loan.
The product is available in two variants of Silver and Gold.
It is designed to provide financial support for acquisition of readymade properties or properties under construction.
Features and Benefits
- Minimum opening balance is N20, 000.00.
- Easy access to mortgage and land purchase facility.
- Monthly contribution is fixed.
- Minimum monthly contribution of N50, 000 for Silver and N100, 000 for Gold.
- A tenor of up to 2 years.
- Lending rate is 5% above Prime lending rate.
- Mortgage available subject to borrower’s capacity.
Requirements for account Opening
- Duly completed account opening forms.
- Means of identification. Note: a valid means of identity as stated in the account opening package i.e. Copies of driver licenses, International passports, Voters cards
- 2 passport photograph
- BVN is required.
- Valid proof of residence i.e. utility bills issued in the last 3 months (PHCN, WATER, LAWMA etc.).
- A reference is required.