Guaranty Trust Bank GT Mortgage
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Guaranty Trust Bank GT Mortgage
Facility Amount
| Category | Description | Minimum (N) | Maximum (N) |
|---|---|---|---|
| A | Low density residential locations in Abuja and Lagos | 5million | 150million |
| B | Medium density residential locations in Abuja, Lagos and other state capitals | 5million | 50million |
| Tenor | 1 – 20years (but subject to a maximum age of 55 when loan expires) |
|---|---|
| Repayment | Flexible repayment options: |
| a. Equal monthly repayment comprising principal and interest. | |
| b. Annual, semi-annual or quarterly principal repayment while interest will be serviced monthly.Monthly repayment shall not exceed 35% of net monthly salary. |
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