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Monday, July 14, 2025

From Renters to Homeowners: The Rise of Smart Mortgage Plans Like HomeVest in Nigeria’s Booming Real Estate Market

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WHY MORE NIGERIANS ARE NOW BUYING HOMES WITH EASE

Many Nigerians used to think getting a mortgage was either impossible or too hard. But things have changed. Today, getting a mortgage in Nigeria is now seamless, especially with trusted banks like Imperial Homes Mortgage Bank.

More people are now buying homes, not just to live in, but as an investment. This is because real estate would always increase in value.

Real Estate Is One of the Smartest Ways to Grow Your Money

In Nigeria, land and houses hardly ever lose value. In fact, they keep getting more expensive every year. So when you buy a property, you’re not just getting a place to live in, you’re growing a huge investment.

This is why more Nigerians, especially young people and families, are no longer waiting to save all the money at once. They are using the option of mortgage like HomeVest to pay gradually and secure their homes early.

What Is a Mortgage?

A mortgage is a loan that helps you buy a house. Instead of paying everything at once, you pay bit by bit every month over a couple of years. With mortgage, you can start living in your dream house now, while still paying gradually.

How HomeVest by Imperial Homes Makes It Even Easier

HomeVest is a special plan by Imperial Homes Mortgage Bank that helps you save towards equity (your down payment) without stress. It’s designed for people who want a flexible and smart way to become homeowners.

Here is what you get with HomeVest:

  • Affordable Homes: You can choose from houses priced between ₦35 million and ₦135 million, depending on your income.
  • Pay Monthly: Spread your equity contribution over up to 36 months.
  • Use Your Pension: You can use 25% of your Retirement Savings Account (RSA) as part of your contribution
  • Earn While You Save: As you save for your house, you earn 15% interest on your money.
  • Early Housing Allocation: Halfway through your equity savings, you get allocated a specific property. The bank locks down the property before prices go up

Why You Should Act NOW

The real estate market keeps growing – prices never go down. The earlier you start, the better deal you get. And with Homevest, you don’t need to wait until you have millions saved. You can start small and grow into your home.

Final Thoughts

Mortgages are now working well in Nigeria. More people are using them to stop paying rent and start owning their homes. With HomeVest by Imperial Homes, owning a home is no longer just a dream. It’s something you can plan for and achieve.

Don’t wait till prices go up again. Start now.

To begin your journey, contact Imperial Homes Mortgage Bank today or visit our website.

www.imperialmortgagebank.com or call/chat +234 803 643 5302

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