MIXTA FLEX
Mixta Flex allows you access to mortgage options and flexible payment plans so you can pay for your home at your convenience and own a home that best suits your budget.
WHY MIXTA FLEX
Long payment duration (Up to 30 years)
Single digit interest rates (As low as 6%)
Instalment payment
Convenient funding channels (Pension or NHF)
Flexible equity contribution (Up to 18 months)
Low Equity Contribution (as low as 10%)
Mixta Flex is available to both NHF and NON-NHF contributors
NHF CONTRIBUTORS
If you or your company consistently contribute to the National Housing Funds in Nigeria, then you qualify to access a mortgage on our affordable products.
This allows you access up to N15m at an interest rate of 6%. Depending on your age, you can pay the mortgage till the accepted age of retirement – 60 years.
HOW IT WORKS
As an NHF contributor, you can apply for a mortgage once you get an offer letter from Mixta Africa for an affordable product.
Mixta Africa will assist with your processing in any way that we can. You can contribute your 10% equity over 12 months and then once approved, pay up your balance through NHF.
Where the funds do not cover the total amount of the home, you can continue to pay your balance yourself.
NON-NHF CONTRIBUTORS
For those who do not currently contribute to the National Housing Fund but have an active pension contribution, you can access mortgage through your pensions.
Where the funds do not cover the total amount of the home, you can continue to pay your balance yourself.
HOW IT WORKS
If you have an active Pension Funds Account (PFA), you can apply for a mortgage once you get an offer letter from Mixta Africa for any of our products.
Mixta Africa will assist with your processing where we can. Your equity contribution must be paid outright but is determined by the property of the home.
EQUITY PAYMENT STRUCTURE
| HOME VALUE | % OF EQUITY CONTRIBUTION |
|---|---|
|
N25M BELOW |
10% |
|
N25M - N40M |
25% |
|
N40M ABOVE |
30% |
