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Mortgage Loan

Own the Home You’ve Always Wanted
Turn your homeownership dreams into reality — or unlock value from the property you already own.

Home Re-finance

About the Loan

Mortgage Loan enables customers buy fully developed properties or draw equity from their home as loans for specific purposes

Why Choose UBA Mortgage?

  • Access up to ₦100 Million, subject to eligibility.
  • Structured repayment aligned to your salary and financial capacity.
  • Enjoy extended repayment periods for convenience.
  • Competitive Interest Rates
  • Dedicated guidance throughout the application process.
  • Move into your home and enjoy ownership while repaying over time.

Features and Benefits

  • Finance the purchase or construction of your dream home
  • Ownership of the property while repaying the loan
  • Competitive interest rates
  • Flexible repayment options
  • Long repayment tenor
  • High loan amounts based on income and property value
  • Option to finance property renovation or improvement
  • Professional support throughout the application process

Eligibility Criteria

  • Obligor must be a confirmed employee of a Tier 1 firm on the UBA approved counterparty.
  • Obligor’s salary and other allowances must be domiciled with UBA.
  • Obligor must have Clean CBN CRMS and 2 credit bureau reports
  • Obligor must have been in account relationship with UBA for at least 3 months during which his salary must have been paid through the bank.
  • Obligor must not have a history of returned cheques.
  • Obligor’s name must not be found in the bank’s black book Maximum loan amount is ₦100,000,000 depending on mortgage variant being accessed.
  • Facility tenor must not exceed specified tenor for the mortgage variant being accessed.
  • Monthly repayment must not exceed maximum DSR of 50%
  • Loan expiry date must not exceed obligor’s 60th birthday
  • Property involved must have registrable and valid title
  • Obligor’s Biometric Verification Number (BVN) must be confirmed

Documentation For Home Purchase

  • Offer letter from owner/seller of property
  • Acceptance of property offer by obligor
  • Loan application form endorsed by applicant’s employer as required. Copy of the obligor’s staff ID
  • Employer’s letter of awareness/employee status enquiry form.
  • Title deed to the property
  • Search & authentication report on title document.
  • Charting report
  • Valuation Report on property by a Bank’s accredited Estate Valuer.
  • Duly executed UBA Mortgage offer letter.
  • Letter of undertaking to pay terminal benefits/ gratuity etc. through customer’s account in UBA
  • Clean Credit Bureau/CBN CRMS Report.
  • Duly executed deed of legal mortgage and other perfection documents
  • Evidence of Biometric Verification Number (BVN)

Documentation For Equity Release

  • Duly completed loan application form (LAF) endorsed by applicant’s employer as required.
  • Copy of the obligor’s staff ID
  • Employer’s letter of awareness/employee status enquiry form.
  • Search & authentication report on title document.
  • Valuation Report on property by an accredited Estate Valuer and Surveyor.
  • Duly executed offer letter.
  • Clean Credit Bureau/CBN CRMS Reports

How to Apply

  • Speak to your relationship manager or visit any UBA branch near you.

Frequently Asked Questions

Explore our comprehensive FAQs to learn all about UBA Mortgage Loan, including how it works, eligible assets, loan requirements, and more. Get the details you need to make informed decisions.

UBA Mortgage is a financing solution that helps eligible customers purchase, improve, or unlock value from residential properties.

  • Home Purchase: ₦5 Million – ₦100 Million
  • Equity Release: ₦5 Million – ₦50 Million
  • Subject to property valuation and eligibility.

Yes. Mortgage financing may be used for renovation or property improvement.

  • Completed residential properties with valid and registrable titles.
  • Home Purchase: Up to 10 years
  • Equity Release: Up to 5 years

Repayment is structured through salary domiciliation with UBA.