Primary mortgage bank · Yaba, Lagos
Own the keys sooner, with a mortgage you can read in one sitting.
Cornerstone lends to teachers, nurses, traders, engineers and Nigerians abroad who are tired of rent going up every January. Clear example rates, a calculator that shows every naira, and an adviser in Yaba who answers on WhatsApp.
Quick estimate
What would it cost each month?
Home purchase mortgage at the 18.5% example rate.
Monthly repayment
On a loan of ₦36.0m
Rate board
Every rate on one board, with nothing in small print.
Five mortgages, one table. The rate, the longest term, how much of the home we lend against and the fee, side by side.
| Mortgage | Example rate | Longest term | Lends up to | Arrangement fee |
|---|---|---|---|---|
| Home purchase mortgage | 18.5% | 20 years | 80% of value | 1% of loan |
| Construction finance | 20.0% | 15 years | 70% of value | 1.25% of loan |
| Refinance and equity release | 19.5% | 15 years | 60% of value | 1% of loan |
| Diaspora mortgage | 16.5% | 15 years | 70% of value | 1% of loan |
| Employer partnership mortgage | 15.0% | 20 years | 90% of value | 0.5% of loan |
Example rates for this demo, shown per year and fixed for the first three years. In a live build the rate board updates from the bank's own system each Monday.
Our mortgages
Four ways in, depending on where you are standing today.
Buying, building, moving an old loan or buying from abroad. Each one has its own page with a worked example and the documents you need.
Home purchase mortgage
Buy a finished home or a unit from an approved developer, with as little as 20% down.
Construction finance
Build on land you own, with money released in stages as your builder reaches each level.
Refinance and equity release
Move an expensive loan to us, or raise funds against a home you already own outright.
Diaspora mortgage
Buy at home while you work abroad, with checks on the title and builder done for you.
How it works
From first question to front door in about six weeks.
Most delays come from title documents, so we check them early. Here is the road most of our customers travel, with typical times.
- 110 minutes
Pre-qualify online
Answer a few questions about income, commitments and the home. You get an indicative amount and a document list built for your job type.
- 23 to 5 days
Send your documents
Upload on WhatsApp or drop them at Yaba. Your adviser checks them the same week and tells you plainly if anything is missing.
- 37 to 10 days
Valuation and title search
An approved valuer visits the property. Our legal team searches the land registry and confirms the title chain back to the root.
- 42 to 3 days
Offer letter
A written offer with the rate, term, monthly repayment and every fee listed. Take it home, read it and ask us anything.
- 57 to 14 days
Legal completion
Deeds are signed, consent is applied for where needed and the mortgage is registered against the title.
- 6Same day
Money released, keys handed over
We pay the seller or developer directly. You collect the keys, and your first repayment falls a month later.
The bank so far
Seventeen years of lending in Lagos and beyond.
Example figures for this demo, showing how a live site would present the bank's track record.
Customer stories
People who stopped renting, in their own words.
We had saved for the deposit for four years. Cornerstone showed us the monthly figure on day one and it never changed. We moved into our flat in Ikorodu before our son started school.Funmilayo, example clientSecondary school teacher, Ikorodu
I work in Aberdeen and was nervous about buying from so far away. They checked the title, visited the site and sent me photos at every stage. My mother now lives in the house.Emeka, example clientOffshore engineer, diaspora mortgage
Building on my land in Ibeju-Lekki was stuck at lintel level for a year. Their stage payments let my builder finish the roof and the finishing in seven months.Example clientPharmacy owner, construction finance
Not ready yet
Start with the deposit, and we will help with the rest.
The Home Deposit Saver pays an example 12% a year and turns into a mortgage application when you reach your goal. Save from your salary account by standing order, and we review your plan with you every six months.
- Open with ₦20,000 and save any amount each month
- Track your progress against a real home price
- Saving for 12 months shows us how you manage money, which helps your application
Buyer guides
Plain answers to the questions people are shy to ask.
C of O, consent or deed: what each one means
A short guide to the documents that decide whether a home can carry a mortgage. Read the guide
How much you really need on day one
Deposit, legal fees, valuation and consent costs, added up honestly. Read the guide
Buying safely while you live overseas
How to avoid the three most common traps for diaspora buyers. Read the guide
Sit with an adviser in Yaba, or talk on WhatsApp tonight.
Our branch is a short walk from the Yaba bus stop, open Monday to Saturday. Appointments last about 40 minutes and cost nothing.
Yaba head office
27 Herbert Macaulay Way, Yaba, Lagos (example address)
Mon to Fri 8:30 to 5:00, Sat 10:00 to 2:00
Call or WhatsApp
+234 800 000 0117
Advisers reply until 9pm on weekdays
hello@cornerstone.example
Example details for this demo.