ocean_growth_homes_real_estate_blog_blog

CBN approves N200 Billion Housing Loan for 300,000 Households at 5% Per Annum

In addition to the 1.5 million direct construction sector jobs particularly young people on a low income, the programme also has the potential to create further 1 million jobs through its supply chain. The Central Bank of Nigeria (CBN) has approved the sum of N200 billion as mortgage finance facility to the Family Homes Fund Limited (FHFL) and targeted at low income earners. According to a circular,...

Is Real Estate a Good Investment?

Real estate is generally a great investment option. It can generate ongoing passive income and can be a good long-term investment if the value increases over time. You may even use it as a part of your overall strategy to begin building wealth However, you need to make sure you are ready to start investing in real estate. For one, you will need to put down a significant amount of money upfront to begin...

Compare listings

Compare
Open chat
1
Welcome to Ocean Growth Homes. How can we help you?