GTBank Mortgage GTMortage – For your new residential property

GTBank Mortgage GTMortage is a line of credit to finance residential properties in Nigeria. The amount of the loan varies according to the location of the residence.

For low density residential locations in Abuja or Lagos it is available from N 5 million to N150 million. Already for the high density places of N5 million up to N 50 million.

The tenor is from 1 to 20 years and there are flexible payment options! In addition, the interest rate is highly competitive.

If you are looking for a line of credit to buy your own home, this article may be of interest to you.

 

Rates

The fees are highly competitive and it is possible that the candidate chooses the form of payment, which can be monthly, quarterly, semiannual and even annual. It is worth mentioning that the monthly repayment must not exceed 35% of the net monthly salary.

 

The application

To make the application it is necessary to visit one of the bank’s affiliates. For questions, it is possible to have the service by phone or email.

 

What documents and requirements are needed? 

Just some few documentations and requirements! They are extremely simple to understand and present. Let’s take a look below!

  • Registration Form Completed
  • Title Property Document
  • Letter of offer to sell property of the supplier
  • Evaluation report of any of the approved evaluators of Banks
  • GTBank Legal Group research report
  • It is necessary to be client of the bank and have the salary or business income domiciled by them
  • The candidate must be employed in a reputable company and have been at least one month in that job. 

 

Advantages – GTBank Mortgage GTMortage

The GTBank Mortgage GTMortage offers some advantages that can be a differential for those who are searching for credit lines to be able to buy residential properties. If you fit this profile, it is interesting to take a look at what these benefits.

  • It is safe
  • It is one of the most recognized banks in Nigeria
  • Highly competitive rates
  • Flexible Terms
  • Fixed Rate Payment
  • Easy Application
  • Just some documentation required
  • Tenor minimum of 1 year and maximum tenor of 20 years

 

GTBank – Some details about the bank

The guaranty trust bank (GTbank) began operating in 1991 and is one of the most respected banks in Nigeria. They said that they are a friendly brand, with a value system based on ethics, professionalism, integrity and superior customer service, which to them is like a king. In addition, simplicity, social responsibility, innovation and reliability are company rules. They have already won several prizes, the most recent ones (2018) were:

– The Digital Wallet of the Year

THE ASIAN BANKER EXCELLENCE IN RETAIL FINANCIAL SERVICES AWARDS

– The Best Mobile Payments Service

THE ASIAN BANKER EXCELLENCE IN RETAIL FINANCIAL SERVICES AWARDS

– Banking Group – Lagos, Nigeria

LAWYER INTERNATIONAL – LEGAL 100 – 2018 – AWARDS

– Best Customer Experience

THE CBN & NIBSS ELECTRONIC PAYMENT INCENTIVE SCHEME (EPIS) EFFICIENCY AWARDS

 

Useful Information

Website: https://www.gtbank.com/personal-banking/loans/all-loans/gtmortgage

Telephone:: 234 1 4480000 / 0700 48266328 / 234 802900 2900 / 234 803900 3900

E-mail: complaints@gtbank.com

 

1 Comment
  1. AGWAZA PAUL says

    This is good, pls i need your help too

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