Hopes of a brighter future for mortgage seekers has received a leap with the refinancing initiative of the Nigeria Mortgage Refinance Company (NMRC), which saw the Imperial Homes Mortgage Bank Limited (formerly GTHomes Limited) emerging as the first mortgage bank to be refinanced by the NMRC.
With the finance, Imperial Homes would be able to provide affordable homes at good mortgage rates.
In a statement in Lagos, Imperial Homes’ Managing Director, Mr. Ben Akaneme, described the effort as a milestone, adding that it was an outstanding achievement in the march towards the realisation of affordable and good interest rates for mortgages.
He assured that the bank would continue to ensure housing for all.
Akaneme said the development would further help the bank’s business philosophy, which are based on the four cardinal principles of customer focus, customer services, innovativeness and total quality management.
He said the bank was made up of diligent professionals who provide quality mortgage and financial services to organisations, professionals, workers as well as cooperative societies and their members.
“The landmark refinancing brings the vision of homes for all Nigerians within reach,” Akaneme said.