FCMB, real estate companies collaborate on affordable housing in Lagos

Bisola David
Bisola David
First City Monument Bank has started an accelerator program aimed at helping over a million small and medium-sized businesses in Nigeria expand and improve their skills.

First City Monument Bank has teamed with Brains & Hammers Ltd and Brooks Assets & Resources Limited to provide affordable housing for salaried and self-employed people of Lagos State, allowing them to realize their dream of home ownership.

Vanguard reported that the arrangement would enable FCMB clients and other Nigerians to buy homes or acquire land in neighborhoods of their choice inside Lagos State as it offers mortgage loans of up to N75 million.

Divisional Head of Personal Banking at FCMB, Mr. Shamsideen Fashola, stated in a statement released by the Bank in Lagos over the weekend to announce the cooperation that the Bank understands the affordability criterion difficulties facing its clients as well as other Nigerians seeking to be homeowners.

According to him, “Our partnership with Brains & Hammers Limited and Brooks Assets & Resources Limited provides a unique opportunity for our customers to realize their dreams of home ownership, easing all the restrictions and fears associated with this exciting and self-fulfilling life moment that everyone cherishes.”

Fashola claimed that applying for and repaying the FCMB mortgage loan was simple and flexible. Assuring them that “FCMB would continue to support its customers’ and Nigerians’ goals by providing them with the financial support they need to be homeowners when it matters most,” he urged Nigerians to take advantage of the offer to realize their dream of owning a home.

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