Home COMPANIES List of Primary Mortgage Bank in Nigeria (2020)

List of Primary Mortgage Bank in Nigeria (2020)

Primary Mortgage Bank in Nigeria
Men's Fashion Category Women's Fashion Category

Primary mortgage Banks are financial institutions that provide secured loans to clients purchasing real estate. There are thirty-five (35) primary mortgage Bank in Nigeria (2020). The Central Bank of Nigeria is responsible for the supervision and monitoring of activities of primary mortgage banks.

Functions of Primary Mortgage Banks

  • They source for new customers as their daily routine.
  • They run deposit accounts and monitor current accounts.
  • They originate new loans and servicing of loans.
  • They provide long term credit facilities to borrower/mortgage institutions.
  • They are also responsible for collection and administration of National Housing Fund in accordance with the provisions of NHF Act.
  • They are responsible for any transactions seems appropriate in order to carry out their functions according to FMBN Act.

List of primary mortgage Bank in Nigeria.

The under-listed are the register and licensed mortgage banks in Nigeria (2020) according to Central Bank of Nigeria.

1ABBEY BUILDING SOCIETY LIMITED 
2AG HOMES SAVINGS & LOANS LIMITED 
3AKWA SAVINGS & LOANS LIMITED 
4ASO SAVING & LOANS PLC 
5Brent Mortgage Bank 
6CENTAGE SAVINGS & LOANS LIMITED 
7CITY CODE SAVINGS & LOANS LIMITED 
8COOP SAVING & LOANS LIMITED 
9DELTA BUILDING SOCIETY LTD 
10FBN MORTGAGES LIMITED 
11FHA HOMES SAVINGS & LOANS LTD. 
12FIRST GENERATION HOMES (SAVINGS & LOANS) LIMITED 
13GATEWAY SAVINGS & LOANS LIMITED 
14GLOBAL TRUST SAVINGS & LOANS LTD. 
15HAGGAI SAVINGS AND LOANS LIMITED 
16HOMEBASE MORTGAGE LIMITED 
17Imperial Homes Mortgage Bank Limited 
18INFINITY TRUST MORTGAGE BANK PLC 
19JIGAWA SAVINGS & LOANS LIMITED 
20JUBILEE-LIFE SAVINGS & LOANS LIMITED 
21KEBBI STATE HOME SAVINGS & LOANS LTD. 
22LAGOS BUILDING & INVESTMENT COMPANY LIMITED 
23MAYFRESH SAVINGS & LOANS LIMITED 
24MGSL Mortgage Bank 
25MUTUAL ALLIANCE SAVING & LOANS LIMITED 
26NEW PRUDENTIAL BUILDING SOCIETY LIMITED 
27Nigeria Police Mortgage Bank  
28OMOLUABI SAVINGS & LOANS 
29PLATINUM SAVINGS & LOANS LIMITED 
30REFUGE HOME SAVINGS & LOANS LIMITED 
31RESORT SAVINGS & LOANS PLC 
32SAFE TRUST SAVINGS & LOANS LIMITED 
33STB BUILDING SOCIETY LIMITED 
34TrustBond Mortgage Bank Plc 
35UNITED MORTGAGE LIMITED  

READ ALSO: List of Microfinance Bank in Nigeria(2020)


Primary Mortgage Bank in Nigeria (2020)

There are eighteen (18) primary mortgage Banks in Lagos.

1ABBEY BUILDING SOCIETY LIMITED 
2AG HOMES SAVINGS & LOANS LIMITED 
3Brent Mortgage Bank 
4CENTAGE SAVINGS & LOANS LIMITED 
5CITY CODE SAVINGS & LOANS LIMITED 
6FBN MORTGAGES LIMITED 
7GLOBAL TRUST SAVINGS & LOANS LTD. 
8HAGGAI SAVINGS AND LOANS LIMITED 
9HOMEBASE MORTGAGE LIMITED 
10Imperial Homes Mortgage Bank Limited 
11JUBILEE-LIFE SAVINGS & LOANS LIMITED 
12LAGOS BUILDING & INVESTMENT COMPANY LIMITED
13NEW PRUDENTIAL BUILDING SOCIETY LIMITED 
14REFUGE HOME SAVINGS & LOANS LIMITED 
15RESORT SAVINGS & LOANS PLC 
16STB BUILDING SOCIETY LIMITED 
17TrustBond Mortgage Bank Plc 
18UNITED MORTGAGE LIMITED

Naija Shopping Festival

READ ALSO:


List of Primary Mortgage Banks in Abuja

1ASO SAVING & LOANS PLC 
2FIRST GENERATION HOMES (SAVINGS & LOANS) LIMITED 
3FHA HOMES SAVINGS & LOANS LTD. 
4INFINITY TRUST MORTGAGE BANK PLC 
5MGSL Mortgage Bank 
6Nigeria Police Mortgage Bank
7PLATINUM SAVINGS & LOANS LIMITED 
8TrustBond Mortgage Bank Plc 

READ ALSO:

Android Vs iOS Sale

List of Licensed Microfinance Bank in Nigeria(2020)


Top 5 Primary Mortgage Bank in Nigeria (2020)

Let’s look briefly at some of this primary mortgage banks in Nigeria.

1. ABBEY BUILDING SOCIETY LIMITED 

Abbey Building Society Limited is also called Abbey mortgage Bank PLC. They are the first primary mortgage bank in Nigeria. It is also important to note that Abbey Mortgage Bank is the largest mortgage Bank in Nigeria.

Abbey Building society Limited is granted national authorization with 10 branches nationwide in three (3) geopolitical zones.

Website: www.abbeymortgagebank.com

Head Office: 23 Karimu Kotun Street, Victoria Island, Lagos.

E-mail: info@abbeymortgagebank.com

2. AG HOMES SAVINGS & LOANS LIMITED 

AG Homes Savings & Loans Limited  also known as AG Mortgage Bank Plc. They have over 5,000 shareholders.

AG Mortgage Bank Plc is a national mortgage banking licence by Central Bank of Nigeria.

website: https://www.agmortgagebankplc.com/

Head office Address: 96 Opebi road, Ikeja,Lagos State – Nigeria.


READ ALSO:

List of Islamic Banks in Nigeria


3. ASO SAVING & LOANS PLC 

Aso savings & loans PLC is one of the famous mortgage bank in Nigeria. The government owned 16% of the equity with 3,000 shareholders.

Head office Address: Plot 266, FMBN Building, Cadastral Zone A0, Central Business District, Abuja.

Website: https://www.asoplc.com/

4. Brent Mortgage Bank

Brent Mortgage Bank was formerly known as skyfield savings and loan limited.

The bank used the best benchmark of petroleum to named the company as they yarn to be the best mortgage ban in Nigeria.

Office Address:  192A, Jike Oki street, off Ligali Ayorinde Street, Victoria Island, Lagos, Nigeria.

Website: www.brentng.com

5. PLATINUM SAVINGS & LOANS LIMITED 

Platinum savings and loans limited is another national licensed mortgage doing tremendously well in personal loan, mortgage financing and business banking.

Head Office Address: 61, Yakubu Gowon Crescent, Asokoro Abuja.

Website: https://www.pmbl-ng.com/

5K Store

Kindly drop your comment here