1. Filled Mortgage Loan Application Form
2. Evidence of opened Of Savings Account With LBIC
3. Means Of Identification (Int’ Passport, Driver’s Licence etc)
4. Utility Bill
5. Applicant’s Two Recent Passport Photographs
6. Marriage Certificate for Co-Applicants
7. Handwritten Application, stating: Amount, Tenor, Purpose Of Loan and Equity Contribution
8. Evidence Of Income Tax Payment
9. Evidence Of Equity Contribution- Mortgage loan (Minimum of 30%) NHF- #5M Below- 0%, Above #5M – #15M – 10%.
10. Evidence Of Stable Income (any of the under-listed)
    1. Current Pay-slip for the last 3/6 Months
    2. Other Statutory Evidence of Regular Income
    3. Bank Statement for One (1) Year
    4. Letter of Introduction from Employer and Work ID
    5. Cash Flow of account statement for 1 year – Self Employed
    6. Document of registered business (CAC) and Board Resolution– Self Employed
11. Proposed security (any of the under-listed)
    1. Certificate Of Occupancy
    2. Registered Conveyance
    3. Registered Deed of Sub-lease
    4. Registered Deed of Assignment
    5. Other Registrable Title Documents
12. Contract of Sales (Where Applicable)
13. Mortgage Deed
14. Evidence of payment of Processing Fees (Servicer Fee and Admin Fee)
15. Land Use Charge Receipt (Where Applicable)
16. Inspection/Valuation Report Fee
17. Search Report: ( Property Search – N10,000.00, LSDPC Property Search – N15,000.00, Credit Bureau Search – N6,000.00 (Per Individual)
18. If the Loan is for Construction of Building
    1. Approved Building Plan
    2. Bill of Quantities
19. 2 Guarantors (Means of ID and Passport Photograph)
20. Letter of Consent from Spouse (Means of ID and Passport Photograph)
21. PENCOM Statement
22. Picture of Property for Purchase/ Development
23. General Report
24.  Net monthly income with proof
25. Additional monthly income with proof

Co-borrowers

• To submit same documents as applicant, while a supporters will submit all required documents except
  1. Introduction letter from employer
  2. Letter of Consent from Spouse
  3. Guarantors
  4. Marriage Certificate
  5. Land Use Charge Receipt

• All documents must be submitted before processing commences.