Your 2025 Blueprint to Beat the Housing Odds

When Tunde, a 28-year-old civil engineer earning ₦410k/month, bought his 2-bedroom apartment in Omu Creek, Ibeju-Lekki last month, his colleagues assumed he’d inherited money. His secret? A ₦1.5 million down payment and LASG Home Ownership Mortgage Scheme In 2025, 43% of new homeowners earn under ₦500k monthly. Here’s how they’re doing it.

“My ₦1.5m down payment was just 7% of the price – the rest is spread over 8 years at 5% interest.” – Fatima A., Teacher (Monthly salary: ₦387k)

Step 1: Qualification Made Simple 

• Minimum salary: ₦280k/month (₦3.36M/year)  
• Down payment: 7-12% of property value  
• Key document: 12-month salary history + TIN  

Step 2: Location Strategy That Works  

Three emerging corridors with infrastructure:  

1. Ibeju-Lekki (New Int’l Airport access)  

2. Agbado Rail Corridor (Red Line phase 2 completion)  

3. Epe Mixed-Use Zones (Lagos Food Hub proximity)  

Step 3: The Payment Breakthrough  

4 Verified Shortcuts Saving Buyers ₦400k+

1. Tax Rebates – 18% income tax refund for first-time buyers

2. Group Purchasing – 5+ buyers get 11% discount

3. Government Subsidies – Free title registration for properties under ₦25M  

4. Developer Incentives – Free solar installation for 36-month commitments  

• New Mortgage Law: Banks can’t foreclose until 24 missed payments  
• SalaryTrack Expansion: Now includes private sector workers  
• Lagos-Bred Materials: 30% cheaper local cement/bricks (Dangote-Sinotruk JV)  

1. Save Smarter – Join Savers Club (₦50k/month min; 8% interest)  

2. Visit Certified Estates – Only consider LASPPPA-stamped projects

Taurean Max specializes in verified affordable homes with:  

✅ LASG-approved payment plans  

✅ ₦0 hidden costs guarantee  

✅ Free legal title verification