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Home loan

Home loan banner

Our experts will guide you with insights, solutions and support so you can make your next big move with confidence - whether you’re a first-time buyer, homebuilder or homeowner.

Some of the benefits

Easy access

It is fast and convenient to apply for a home loan.

Easy terms

20 years to repay your home loan

Assistance

Help and advice from our team of property experts

Flexibility

Choose to repay your loan monthly, quarterly or twice a year
What you get
  • You can apply for equity release or an outright purchase option.
  • We provide home loans for the following areas: Lagos, Ibadan, Port Harcourt, Ogun, Abuja, Kano, Kaduna and Benin.
  • You get flexible principal repayment options – you can pay monthly, quarterly or once or twice a year.
  • If you are self-employed, the maximum repayment period is seven years.
  • If you earn a salary, you can repay your loan for as long as 20 years.
  • The minimum loan amount is N3 million.
  • The minimum property value for providing a equity release loan is N5 million.
How to get it
  • You must be a confirmed staff member at your place of employment
  • Be a minimum of 21 years and not more than 60 years at the end of the loan tenor (65 years for judges and lecturers)
  • Earn a minimum net monthly income of N200,000 for an outright purchase, and N140,000 for an equity release loan.
  • Have a good credit report and no returned cheques in the last 6 months 
  • Have your salary account (current account) with Stanbic IBTC Bank
  • What you get
  • How to get it
  • You can apply for equity release or an outright purchase option.
  • We provide home loans for the following areas: Lagos, Ibadan, Port Harcourt, Ogun, Abuja, Kano, Kaduna and Benin.
  • You get flexible principal repayment options – you can pay monthly, quarterly or once or twice a year.
  • If you are self-employed, the maximum repayment period is seven years.
  • If you earn a salary, you can repay your loan for as long as 20 years.
  • The minimum loan amount is N3 million.
  • The minimum property value for providing a equity release loan is N5 million.
  • You must be a confirmed staff member at your place of employment
  • Be a minimum of 21 years and not more than 60 years at the end of the loan tenor (65 years for judges and lecturers)
  • Earn a minimum net monthly income of N200,000 for an outright purchase, and N140,000 for an equity release loan.
  • Have a good credit report and no returned cheques in the last 6 months 
  • Have your salary account (current account) with Stanbic IBTC Bank
Pricing Guide in line with CBN Guide to Bank Charges by Banks and other financial institutions effective 1 January 2021.
2021-01-03
345KB
PDF
Pricing Guide in line with CBN Guide to Bank Charges by Banks and other financial institutions effective 1 January 2021.
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Mobile App

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CHESS Account

The flexible CHESS account makes every Naira count for you and your child.