After part of efforts to find a solution to the lingering problem of housing in Lagos State, in particular and Nigeria generally, the management of Resort Savings and Loans Plc recently met with estate developer’s agents in Lagos.
Resort Savings is one of the leading primary mortgage bankers listed on the Nigerian Stock Exchange. The company said in statement that at the meeting its managing director, Mr. Bimbo Olayinka, disclosed to the agents the company was willing to give a helping hand to them who are genuine and are ready to abide by government regulations.
“We are ready to help estate developers and subscribers to access the Estate Development Loan (EDL) and National Housing Fund (NHF) Loans. The fund is the most affordable mortgage loan with a single digit of 6 per cent interest rate and a repayment period of 30 years. It is the most convenient way to own a house without stress,” Olayinka said.
According to him, Resort Savings and Loans is ready to work with estate agents to make the dreams of many Nigerians to own a home at affordable prices come true.
The leader of the estate developer’s agents at the meeting, Mr. Bode Kolawole, thanked the management of the company for the initiative and assurance to assist.
“The time has come for us to work together and make it possible for the vision of the federal government to make affordable housing a reality for all Nigerians,” Kolawole said.
He urged the primary mortgage institution not to relent in its efforts at ensuring that its customers have access to the NHF fund, adding also that estate agents were ready to collaborate with the bank.