{"id":3547,"date":"2016-12-05T16:11:29","date_gmt":"2016-12-05T15:11:29","guid":{"rendered":"http:\/\/www.tolet.com.ng\/blog\/?p=3547"},"modified":"2016-12-07T10:48:39","modified_gmt":"2016-12-07T09:48:39","slug":"opic-tasks-investors-on-mortgage-scheme","status":"publish","type":"post","link":"https:\/\/propertypro.ng\/blog\/opic-tasks-investors-on-mortgage-scheme\/","title":{"rendered":"OPIC Tasks Investors on Mortgage Scheme"},"content":{"rendered":"<p><a href=\"https:\/\/www.tolet.com.ng\/blog\/how-government-housing-policies-affect-low-income-earners\/\" target=\"_blank\">In its quest to boost the housing sector<\/a>, the Ogun State Property and Investment Corporation, (OPIC), is working with stakeholders in the sector to roll out a mortgage scheme that will enable aspiring homeowners to purchase houses with ease.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-858 aligncenter\" src=\"https:\/\/www.tolet.com.ng\/blog\/wp-content\/uploads\/2016\/07\/tolet-need-to-find-na-small-tin.jpg\" alt=\"tolet-need-to-find-na-small-tin\" width=\"720\" height=\"90\" srcset=\"https:\/\/propertypro.ng\/blog\/wp-content\/uploads\/2016\/07\/tolet-need-to-find-na-small-tin.jpg 720w, https:\/\/propertypro.ng\/blog\/wp-content\/uploads\/2016\/07\/tolet-need-to-find-na-small-tin-300x38.jpg 300w, https:\/\/propertypro.ng\/blog\/wp-content\/uploads\/2016\/07\/tolet-need-to-find-na-small-tin-675x84.jpg 675w, https:\/\/propertypro.ng\/blog\/wp-content\/uploads\/2016\/07\/tolet-need-to-find-na-small-tin-325x41.jpg 325w, https:\/\/propertypro.ng\/blog\/wp-content\/uploads\/2016\/07\/tolet-need-to-find-na-small-tin-150x19.jpg 150w\" sizes=\"auto, (max-width: 720px) 100vw, 720px\" \/><\/p>\n<p>The Managing Director, OPIC, Mr. Babajide Odusolu declared the intention of his Corporation to incorporate three <a href=\"https:\/\/www.tolet.com.ng\/blog\/5-top-mortgage-institutions-in-nigeria\/\" target=\"_blank\">principal partnering mortgage banks<\/a>, Lafarge-Holcim and private developers to flag off a mortgage scheme under the apex mortgage company, the Nigeria Mortgage Refinance Company (NMRC) and Federal Ministry of Finance.<\/p>\n<p><strong>CHECK OUT: <a href=\"https:\/\/www.tolet.com.ng\/property-for-rent\/ogun\" target=\"_blank\">PROPERTIES FOR RENT IN OGUN<\/a><\/strong><\/p>\n<p>Odusolu gave this hint during a media chat while conveying stakeholders on an inspection tour in and around OPIC estates along Lagos-Ibadan highway corridor recently. \u00a0The inspection tour opened the Nigeria Mortgage Refinance Company (NMRC), the three partnering mortgage banks, and private developers to emerging opportunities in Ogun State real estate sector.<\/p>\n<p>According to him, the Nigeria Mortgage Refinance Company \u00a0<strong><em>\u201c is meant to assist developers to build more houses through a robust mortgage policy design to finance and monitor technologically based method of \u00a0building houses for \u00a0mortgages in States of the Federation that are found suitable to anchor the project.\u201d<\/em><\/strong><\/p>\n<p><strong>ALSO READ: <a href=\"https:\/\/www.tolet.com.ng\/blog\/top-7-most-affordable-houses-for-rent-in-ogun-state\/\" target=\"_blank\">Top 7 Most Affordable Houses for Rent in Ogun State<\/a><\/strong><\/p>\n<p>Mr. Charles Inyangate, Managing Director, Nigeria Mortgage Refinance Company (NMRC) commented on the scheme saying, <em><strong>\u201cWhat we need in Nigeria is housing stock, and as a financing body, we know provision of housing must increase and this must be done in partnership with States\u2019 Government.\u2019\u2019 <\/strong><\/em><\/p>\n<p>Odusolu added that opportunities now abound for average income earners to own houses through a<a href=\"https:\/\/www.tolet.com.ng\/blog\/federal-government-targets-single-digit-mortgage-rates-in-new-housing-initiative\/\" target=\"_blank\"> special mortgage scheme designed to<\/a> fulfill a key cardinal objective of the present administration of Senator Ibikunle Amosun.<\/p>\n<p>He disclosed that any person with a paid employment or \u2018regular but unpredictable income\u2019 could key into the plan which allows him to pay in installments over a long period of 20 years.<\/p>\n<p><strong>ALSO READ: <a href=\"https:\/\/www.tolet.com.ng\/blog\/the-basic-mortgage-requirements\/\" target=\"_blank\">The Basic Mortgage Requirements in Nigeria<\/a><\/strong><\/p>\n<p>Mr. Kola Ogunsulere Managing Director, Family Homes Funds Limited, a Federal Government initiative, in his reactions on the preparedness of Ogun State <a href=\"https:\/\/www.tolet.com.ng\/blog\/the-federal-government-affordable-housing-scheme-for-nigerians\/\" target=\"_blank\">to drive affordable housing<\/a>, said Ogun State was found worthy, not only to partner with NMRC but to model other upcoming States while exposing its citizens to the maximal benefits of NMRC\u2019s mission of providing housing for all.<\/p>\n<p>Commenting on the tour of OPIC housing projects, the Managing Director, Imperial Homes Mortgage Bank Limited, Mr. Ben Akaneme said Ogun State is no doubt a model State for the NMRC scheme to reduce housing deficit in Nigeria. The road, industrial layout and internationally acceptable master plan in and around OPIC estates are<strong><em> \u201cpart of the development and re-positioning we long to have in Lagos \u2013 Ogun States borderlines&#8221;<\/em><\/strong>\u00a0he reiterated.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-858 aligncenter\" src=\"https:\/\/www.tolet.com.ng\/blog\/wp-content\/uploads\/2016\/07\/tolet-need-to-find-na-small-tin.jpg\" alt=\"tolet-need-to-find-na-small-tin\" width=\"720\" height=\"90\" srcset=\"https:\/\/propertypro.ng\/blog\/wp-content\/uploads\/2016\/07\/tolet-need-to-find-na-small-tin.jpg 720w, https:\/\/propertypro.ng\/blog\/wp-content\/uploads\/2016\/07\/tolet-need-to-find-na-small-tin-300x38.jpg 300w, https:\/\/propertypro.ng\/blog\/wp-content\/uploads\/2016\/07\/tolet-need-to-find-na-small-tin-675x84.jpg 675w, https:\/\/propertypro.ng\/blog\/wp-content\/uploads\/2016\/07\/tolet-need-to-find-na-small-tin-325x41.jpg 325w, https:\/\/propertypro.ng\/blog\/wp-content\/uploads\/2016\/07\/tolet-need-to-find-na-small-tin-150x19.jpg 150w\" sizes=\"auto, (max-width: 720px) 100vw, 720px\" \/><\/p>\n<p>&nbsp;<\/p>\n<p><em>Source: The Nation<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"In its quest to boost the housing sector, the Ogun State Property and Investment Corporation, (OPIC), is working&hellip;\n","protected":false},"author":14,"featured_media":3549,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"csco_singular_sidebar":"","csco_page_header_type":"","csco_custom_appearance":"","csco_disable_excerpt_posts_layout":false,"csco_page_load_nextpost":"","csco_post_video_location":[],"csco_post_video_location_hash":"","csco_post_video_url":"","csco_post_video_bg_start_time":0,"csco_post_video_bg_end_time":0,"footnotes":""},"categories":[37,32],"tags":[153,388,128,387,238],"class_list":{"0":"post-3547","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-news","8":"category-real-estate-news","9":"tag-affordable-housing-in-nigeria","10":"tag-affordable-housing-in-ogun-state","11":"tag-apartments-for-rent","12":"tag-ogun-state","13":"tag-real-estate-in-nigeria","14":"cs-entry","15":"cs-video-wrap"},"_links":{"self":[{"href":"https:\/\/propertypro.ng\/blog\/wp-json\/wp\/v2\/posts\/3547","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/propertypro.ng\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/propertypro.ng\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/propertypro.ng\/blog\/wp-json\/wp\/v2\/users\/14"}],"replies":[{"embeddable":true,"href":"https:\/\/propertypro.ng\/blog\/wp-json\/wp\/v2\/comments?post=3547"}],"version-history":[{"count":3,"href":"https:\/\/propertypro.ng\/blog\/wp-json\/wp\/v2\/posts\/3547\/revisions"}],"predecessor-version":[{"id":3560,"href":"https:\/\/propertypro.ng\/blog\/wp-json\/wp\/v2\/posts\/3547\/revisions\/3560"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/propertypro.ng\/blog\/wp-json\/wp\/v2\/media\/3549"}],"wp:attachment":[{"href":"https:\/\/propertypro.ng\/blog\/wp-json\/wp\/v2\/media?parent=3547"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/propertypro.ng\/blog\/wp-json\/wp\/v2\/categories?post=3547"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/propertypro.ng\/blog\/wp-json\/wp\/v2\/tags?post=3547"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}