The Lagos Home Ownership Mortgage Scheme also known as Lagos HOMS is a mortgage scheme by the state government for the teeming masses. If you have some cash and an average earning job then the Lagos HOMS scheme can help you own your house simply by paying instalmentally over a period.
Again, one good reason to partake in this scheme is that you get to use your house for future investment. Although I must confess that this scheme allows the buyer to own the house after payment has been completed.
Your neighbourhood affects you greatly whether you like it or not and the locations of the Lagos HOMS buildings are ideal for bringing up your children as they are also secured.
With the fast increment of house rent in Lagos which can be a bottle neck to one’s progress. When you own your own house things begin to fall in place for you financially as a majority of Lagosians spend a chunk of their income by paying house rent.
Some Lagos HOMS Features Worth Noting
- Your tenure will be 10 to 20 years
- You will pay about 30% of the total cost as down payment
- There are participating banks who will sponsor the scheme
- Initial Fee of ₦10,000 (Civil Servant) and an admin charge of ₦25,000 (others)
- You get to pay the principal and interest periodically
- There will be written and signed deed of mortgage
Lagos HOMS Application and Sign Up
- You must live in Lagos state
- You must not be over 60 years
- You must have a proven source of income
- Have the ability to pay the initial 30%
- You are required to make payment of 6% interest on the loan
- This must be the first time you are buying a house
Lagos HOMS Required Documents
- Two (2) passport-sized photos (with name and signature behind)
- Evidence of yearly payment of income tax for the last five years
- Certified Personal Bank Statement for the last six months
- Pay slips for the last six months
- Last pay slip of previous employer (if applicant has changed jobs within the last year)
- Letter of Reference from current employer confirming job title, status, annual salary & allowances and existing loans and/or obligations if any
- Any evidence of additional income to service the mortgage
- Proof of identity (Drivers license, Birth certificate, Passport, National ID card or Lagos State Residents Card etc)
- Proof of residence in Lagos (Utility bill, Lagos State Residents Card, Tax card etc)
-
Signed Memorandum of Acceptance – Download it here
-
Notorised Buyers Affidavit – Download it here
- Any other supporting documents
If you meet all the requirements above then you can apply for the mortgage scheme by Clicking Here
Price, Location & Categories of Lagos HOMS (2016)
PROPERTY TYPE | PRICE RANGE | LOCATION | SIZE(m2) | PRICE |
ROOM / PALOUR | N4.34m | MICHAEL OTEDOLA ESTATE ODORAGUNSHI | 60.22 | 4.34m |
1 BEDROOM TYPE 1 | N4.10-6.40m | ODO ONOSA/ODO AYANDELU | 60.22 | 4.10m |
OBA ADEBORUWA ESTATE IGBOGBO | 60.22 | 6.47m | ||
MICHAEL OTEDOLA ODORAGUNSHI | 60.22 | 6.40m | ||
1 BEDROOM TYPE 2 | N7.50-7.85m | IGBOGBO PHASE II | 60.22 | 7.50m |
IGANDO GARDENS | 60.22 | 7.54m | ||
MAGODO | 60.22 | 7.57m | ||
OMOLE SCHEME | 60.22 | 7.71m | ||
SANGOTEDO | 47 | 7.85m | ||
1 BEDROOM TYPE 3 | N8.25-9.91m | Chief Anthony Enahoro Scheme (Shogunro) 1 | 60.22 | 8.35m |
Chief Anthony Enahoro Scheme (Shogunro) 2 | 60.22 | 8.61m | ||
SHITTA, SURULERE | 60.22 | 8.25m | ||
ILUPEJU | 60.22 | 9.08m | ||
MUSHIN | 60.22 | 8.28m | ||
LEKKI SCHEME I | 60.22 | 9.91m | ||
2 BEDROOM TYPE 1 | N6.22-7.22m | ODO ONOSA/ODO AYANDELU | 75.79 | 6.22m |
OBA ADEBORUWA ESTATE IGBOGBO | 75.79 | 7.91m | ||
MICHAEL OTEDOLA ODORAGUNSHI | 75.79 | 7.22m | ||
2 BEDROOM FLAT | N9.75 | CHOIS GARDENS | 75.79 | 9.75m |
2 BEDROOM TYPE 2 | N9.44-9.71m | IGBOGBO PHASE IIB | 75.79 | 9.44m |
IGANDO GARDENS | 75.79 | 9.48m | ||
MAGODO SHANGISHA | 75.79 | 9.52m | ||
OMOLE SCHEME | 75.79 | 9.71m | ||
2 BEDROOM TYPE 3 | N10.38-12.47m | Chief Anthony Enahoro Scheme (Shogunro) 1 | 75.79 | 10.51m |
Chief Anthony Enahoro Scheme (Shogunro) 2 | 75.79 | 10.83m | ||
SHITTA, SURULERE | 75.79 | 10.38m | ||
ILUPEJU | 75.79 | 11.42m | ||
MUSHIN | 75.79 | 10.42m | ||
LEKKI SCHEME II | 75.79 | 10.54m | ||
LEKKI SCHEME I | 75.79 | 12.47m | ||
2 BEDROOM TYPE 4 | N14.69-18.61m | SANGOTEDO | 88 | 14.69m |
3 BEDROOM FLAT | N14.5m | CHOIS GARDENS | 123.9 | 14.5m |
3BEDROOM TERRACE | N8.77m | ODO ONOSA/ODO AYANDELU | 123.9 | 8.77m |
3 BEDROOM TYPE 1 | N6.96m | ODO ONOSA/ODO AYANDELU | 123.9 | 6.96m |
3 BEDROOM TYPE 2 | N8.98-11.02m | ILORO SCHEME | 123.9 | 8.98m |
HON. SOTONWA ESTATE, IGBOGBO | 123.9 | 9.96m | ||
HON. MUSTAPHA OJOKORO | 123.9 | 11.02m | ||
3 BEDROOM TYPE 3 | N15.43-16.69m | IGBOGBO PHASE II | 123.9 | 15.43m |
IGANDO GARDENS | 123.9 | 15.50m | ||
SHITTA, SURULERE | 123.9 | 16.69m | ||
MAGODO SHANGISHA | 123.9 | 15.57m | ||
OMOLE SCHEME | 123.9 | 15.87m | ||
3 BEDROOM TYPE 4 | N16.69-17.71m | Chief Anthony Enahoro Scheme (Shogunro) 1 | 123.9 | 17.17m |
Chief Anthony Enahoro Scheme (Shogunro) 2 | 123.9 | 17.71m | ||
MUSHIN | 123.9 | 17.03m | ||
LEKKI SCHEME II | 123.9 | 17.22m | ||
SANGOTEDO | 100 | 16.69m | ||
3 BEDROOM TYPE 5 | N18.67-20.39m | ILUPEJU | 123.9 | 18.67m |
LEKKI SCHEME II | 123.9 | 20.39m |
Note : The information in the table was accessed from the lagoshoms.gov.ng website .
Good day is there any rent to own flats in amuwo district of lagos
Welldone Lagos-state government, pls is igando garden still available. Interested in d 2bedroom apartment
Am interested in the 2bedroom type1 Lagos homs in surulere and iporin . I’ll be glad if got rapid response to know how to go about it
I am interested in Iponri if available or Lekki 1 or 2. Kindly advise me the availability and price. Thanks
Please kindly furnish me on any available houses isolo or egan- igando and also with the payment plan…..thanks
Please kindly firnish me on available house at isolo or Egan- igando 2 bedroom flat
Hi, I’m interested in oko oba, kindly furnish me with necessary including payment plan.
Please I am very much interested in iponri or surulere thanks
I am interested in the 3 bedroom in IGANDO GARDEN kindly get back to me.
It seems the scheme is for only salary earners, not for self employed people. Most self employed citizens don’t monthly salary. How can they benefit from the scheme?
Please I want to if Lagoshoms Iponri or ogba is still available
Thank God for the great job lag9s government is doing to ensure people are cared for. Am interested in having one in Epe., otedola estate or any place in Epe. Hope to hear from you.
Please, can I have information on the Iponri 2 bedroom, the price and the interest on the scheme, thanks. Hope to hear from you as soon as possible.
HELLO SIR/MA
I WOULD LIKE INFORMATION ON SURULERE AND ILUPEJU 3 BEDROOM HOUSE.
HOPE TO HEAR FROM YOU
THANK YOU
Sir/ma, i will like to find out if the houses at Ogba axis are still available?
Please who do contact for Igando garden lagshome, I applied and have not gotten any information about it.
Thank you.
Is it possible for the money to be deducted directly from my salary as a Lagos State staff. I want to be part of the scheme. Am interested in 2 bedroom flat in Igbogbo
This is a good thing for all lagosians pls kindly notify me when the next rand of sales will be conducted I am very interested in buying a 3bed room apartments
The best of its kind in Nigeria i want to believe this will be the most beneficial housing scheme for our citizens and i hope it extends through out Nigeria, Lagos state has set a good example i hope to be a beneficiary of 3bedrooms duplex i have applied and done all the needful application.
Hello there,
I applied to this scheme last year and up on till now no update on my application
Kindly make available updates so I can do a proper follow-up
Thanks
Can i get a 3 bedroom flat at the choic estate agbowa and at what rate pls?
Good day , I am interested in the Iponri scheme. How do you assist. Thanks
I need 2bedroom flat because of my children thanks
Mustapha Abdulrauf Babatunde
Dear Team,
Kindly furnish me of the available completed building in mainland axis.I want to be part of this scheme. Also notify me of new post by my personal email.
Thank you
I’m interested in the one at igando. What are the modalities?
Can a business man apply who has a source of income
What is the status of the uncompleted Lagos hom building in iponri surulere. Thanks.
Dear Team,
Kindly furnished with all the locations all the completed houses .
Thank you
NOTIFY ME OF NEW POST BY EMAIL.
THANKS
KINDLY FURNISH ME OF AVAILABLE HOUSE AS AT TODAY
Kindly furnish me with a 2 Rooms and parlour self contain. I wanted to be part of these scheme.
kind Regards.
KINDLY FURNISH ME OF AVAILABLE HOUSE
THANKS
Kindly furnish me with a 2 Rooms and parlour self contain. I wanted to be part of these scheme.
kind Regards.
i am from Lagos state but i live in the USA,I paid taxes in America but i do not pay taxes in Lagos because i do not live at home with this information do i qualify?
Please, I need information on the Surulere 2bedroom and Igbogbo 2bedroom(pictures), what’s the interest on scheme about, please?
Hope to hear from you soon.
Thank you.