How to Subscribe & Own a House
1. Golden Penny Macaroni
Buy a non refundable Application Form of N2,500 fill and return to the outlet you purchased. 2. Golden Penny SugarThe Buyer shall deposit at least 30% cost of the property desired. 3. Golden Penny NoodlesThe Buyer shall be given a deed of subleased at completeion of all payment and shall pay the blance through the following payment options and may change or alter this payment option at anytime provided the buyer keeps up payment. Payment options and conditions for purchase a) Commercial Bank Mortgage LoanApply for a mortgage loan in the underlisted banks and shall be subjected to morgage terms of the bank and shall authorize the bank to pay the developer.
b) Outright purchase The buyer pay 100% down payment cost of the property in addition to the cost of tittle document and have discount. c) Order above 1000 The buyer shall apply for the NHF loan of Federal Mortgage Bank of Nigeria through the underlisted Primary Mortgage Institution (PMI) and must be a contributor. d) Milestone Payment The buyer shall enter into a pre-sale agreement and make payment in 5 Milestones in a building under construction as stated below within 15 months:
1st Milestone Payment (penny wise) ----------- 30%
2nd Milestone Payment
(penny bulk) ------- 25%
3rd Milestone Payment (penny bit) ------- 25%
4th Milestone Payment (penny suggest) ----- 10%
5th Milestone Payment (penny absolute) --------- 10%
Note - Payments could be made via these Banks: FIRST BANK, DIAMOND BANK, TRANSATLANTIC MORTGAGES LTD, UNION HOMES.