Owning the home you live in is a guaranteed way to provide stability for your family.
For most people, renting is viewed as a short-term solution. If you can afford to own a home and you’re not planning on moving anytime soon, then it’s really tough to make a case for renting in lieu of home ownership.
On the other hand, a family is a long-term commitment, and to go with that, you need long-term investment, such as a stable place to call home. Numerous studies argue that home ownership has a wide range of benefits on child and family development. When you own a home, you do something good for yourself and your family.
The challenge is most Individual or families cannot afford the purchasing price for a home outrightly…which is why most people remain tenants all their lives.
But there is hope because Crystal Gardens City in collaboration with the Federal Mortgage Bank Of Nigeria is empowering individuals and families to become homeowners in 2022 through the RENT 2 OWN housing scheme.
How the Rent to Own Housing scheme works.
Salary earning Individuals or families can set aside a certain amount of rent monthly/yearly and spread payment for up to 10 years after which they can claim full ownership of the building.
In other words, our rent-to-own ‘Home Ownership Programme’ enables you to pay an agreed portion of your rent towards the purchase price of the house you live in.
This means Your rent is actually laying a foundation for your future — literally.
Interested? click here to get started now
Any Nigerian above the age of 18 can apply for our Rent to Own Housing Schemes.
All applicants must be a contributor to the National Housing Fund for a minimum period of six (6) months, however, if you haven’t been contributing, we’ve got you covered.
Finally, all applicants must have satisfactory evidence of a regular flow of income to guarantee loan repayment.