Stallion Home Savings and Loan Limited

STALLION HOME SAVINGS AND LOAN LIMITED is a licensed Primary Mortgage Banking Institution duly incorporated as a private limited liability company on 18th September 1991, with a commitment to provide unique and customer – oriented mortgage banking services.

Stallion Homes Savings and Loan started operations with a paid – up capital of N5, 000, 000 in early 1992 which was later increased to N10, 000, 000 and N150, 000, 000 respectively in later years, in accordance with the directives of the regulatory authorities. Stallion is in the process of merging with a commercial Bank with a ……. Of raising her paid capital to N2.0 Billion.  Both the Federal Mortgage Bank of Nigeria (FMBN) and Central Bank of Nigeria (CBN) duly accredit the Bank to access long-term loans through the vehicle of National Housing Fund (NHF).

Stallion Homes relocated to its present Head office in Surulere in 1997 and currently has three branches outlets and a cash centre strategically located at Surulere, Igando in Lagos, Abeokuta - Ogun State Capital and Wuse Zone 3, Federal Capital Territory.

Towards achieving its mission, Stallion Homes entered into a Memorandum of understanding with Sparklight Property Development Company Limited (a major player in the Real Estate Sector) for the development of mass housing estates all over the Federation in an effort to identify with Government’s aspirations in addressing demand for housing in the country, a major problem which Government at all levels is yet to adequately tackle.

With a vision to be a world-class mortgage solution provider, sustaining a mutually rewarding relationship with stakeholders, backed with our commitment for excellence, we are confident that Stallion Homes, will in the near future, become one of the leading primary Mortgage institutions in Nigeria with an impeccable culture of integrity and professionalism.

Stallion Homes Savings and Loan Limited provides a full range of mortgage products and services through our Strategic Business Units (SBU’s) – Mortgage, corporate, consumer and retail Banking groups, and have developed unparalleled expertise in the processing of National Housing Fund (NHF) requirement.

Their management structure engenders a proactive and decisive system, which enable us to anticipate and position ourselves to respond to customer’s requests, while providing efficient and qualitative services; geared towards meting peculiar and individual needs of our varied customers.

HOUSING DELIVERY
Stallion Home in affiliation with Sparklight Property Development Company Limited has over the years facilitated housing delivery to our esteemed and valued customers all over the nation. Sparklight is primarily engaged in the construction of both private and commercial houses, tastefully built to meet modern taste. Indeed, the relationship, which has been mutually beneficial, has manifested in the construction of the following housing developments:

Other housing projects, currently under construction across the nation include:

NATIONAL HOUSING FUNDS (NHF) SCHEME
Stallion Home is duly accredited by Federal Mortgage Bank of Nigeria (FMBN) to appraise applications for loans by NHF contributors and equally assists its customers to access loans through the NHF scheme by ensuring that the prescribed conditions are duly met promptly.