Question 1

How do I apply for a property?

Accepted Answer

Create an account, open the property page, and tap Apply. You can upload supporting documents and an admin will review your application within 2 business days.

Question 2

Are installment plans available?

Accepted Answer

Yes. Most developments offer flexible installment options shown on each property page under the Installment Payment Options section.

Question 3

How does the mortgage calculator work?

Accepted Answer

Enter the property price, down payment, interest rate, and loan duration. We instantly compute your monthly payment, total repayment, and total interest.

Question 4

What is MREIF?

Accepted Answer

MREIF is our Mortgage Real Estate Investment Fund snapshot — displayed percentages reflect the fund's allocation across ongoing and completed developments.

Question 5

Can I book an inspection?

Accepted Answer

Yes. Use the Book Inspection button on any property page to propose a preferred date and receive a WhatsApp confirmation.

Question 6

How do I know if i am eligible for loan?

Accepted Answer

Our platform includes a loan eligibility checker that evaluates your financial profile. You can also speak with our mortgage advisors who will guide you through the eligibility requirements.

Question 7

Are there any additional costs involved besides the equity payment?

Accepted Answer

Yes. Apart from the equity payment, there may be additional costs such as legal fees, documentation fees, valuation fees, insurance, and other processing charges, depending on the property and financing arrangement. Our team will provide a detailed breakdown of all applicable costs before you proceed.

Question 8

How long does the mortgage approval process take?

Accepted Answer

The approval timeline varies depending on document verification and the lending institution's requirements. (2-8 weeks)

Question 9

Can I apply for a mortgage with a co-applicant?

Accepted Answer

Yes. Joint mortgage applications can be accepted, depending on the requirements and eligibility criteria.

Question 10

Who can I contact for more information?

Accepted Answer

You can contact our team via WhatApp Channel (+2348022585251) for personalized guidance and assistance throughout the application process.

Guides & updates

Introducing LastRent by AfrikCity: Helping Nigerians Move From Paying Rent to Owning Homes