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25% Residential Mortgage Equity

Your Dream of Home ownership is Closer Than You Think.

You can use up to 25% of your Retirement Savings Account (RSA) balance as a down payment for your home.

A New Path to Owning Your Home

At Parthian Pensions, we believe your pension should work for you today, as well as secure your future. Thanks to the National Pension Commission (PenCom), you can now use a portion of your retirement savings as an equity contribution (down payment) to secure a residential mortgage.
This initiative is designed to make homeownership more accessible for hardworking Nigerians like you, helping you get on the property ladder sooner.

A home should be a reward for your years of work — not a lifetime of debt

"A home should be a reward for your years of work — not a lifetime of debt"

How This Benefits You:

Reduces Upfront Costs

Significantly lowers the initial cash you need for a down payment.

Achieve Homeownership Faster:

 No need to wait years to save up for the full equity required.

Build Your Asset:

Start building equity in a home that can appreciate over time.

Secure & Regulated:

The entire process is approved and overseen by PenCom, ensuring your funds are safe.

Are You Eligible? A Simple Checklist

  • You are an active contributor and currently working (not retired)
  • You have made contributions (both employer and employee) for a minimum of 60 months (5 years) cumulatively.
  • You have more than 3 years left until your official retirement date.
  • Your personal data on our records is complete and has been recaptured.

We've simplified the journey to make it as clear as possible. Here’s how it works:

01

 Find Your Home & Approach a Mortgage Lender

  • Your first step is to find the residential property you wish to buy.
  • Obtain a Property Offer Letter from the seller.
  • Approach a mortgage lender (a PenCom-approved Primary Mortgage Bank or commercial bank) to apply for a mortgage.
  •  They will assess your finances and the property.

02

 Contact Parthian Pensions to Begin

  • Once you have an offer letter and have started the process with a mortgage lender, it’s time to contact us.
  • Submit your RSA Mortgage Equity Request through our secure online portal or by visiting a branch.
  • We will provide you with a statement of your RSA balance and guide you on the required documents.

03

Verification & Processing

  • This is where we do the heavy lifting. Parthian Pensions will review your application to ensure it meets PenCom’s guidelines.
  • We liaise directly with your mortgage lender to coordinate all necessary details.

04

Approval & Payment to Your Lender

  • Parthian Pensions will then securely transfer the approved 25% of your RSA balance directly to your mortgage lender.
  • Congratulations! You have successfully used your pension to help secure your new home.

Understanding the Numbers: How the 25% Works

PenCom’s guideline on the 25% equity contribution is very specific. Here’s a simple breakdown:

  • You can access a maximum of 25% of your total RSA balance.

  • Scenario A: If your required down payment is N2 million and 25% of your RSA is N2.5 million, we will pay the required N2 million to your lender.

  • Scenario B: If your required down payment is N2 million and 25% of your RSA is only N1.5 million, you must first pay the N500,000 shortfall to your lender. Once they confirm receipt, we will then transfer your N1.5 million.

Frequently Asked Questions (FAQs)

No. The guideline strictly states that the funds can only be used as an equity contribution for securing a residential mortgage to buy a property.

No. This benefit is specifically for active RSA holders who have more than 3 years left until retirement.

You are still eligible to access the separate 25% of your remaining RSA balance for job loss, in line with PenCom regulations.

You will need your Property Offer Letter, a formal application, means of ID, and other documents. Our team will provide you with a full, simple checklist when you begin your application.

Ready to Start Your Retirement Journey?

Our dedicated Retiree Support Team is ready to guide you through the application process with the simplicity and care you deserve.

Our dedicated Retiree Support Team is ready to guide you through the application process with the simplicity and care you deserve.

Need Help or Have Questions?

• Call our Transfer Helpline: 0700-00-72784736
• Email us: info@parthianpensions.com
• Visit any of our Branch Locations

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20 Adeyemo Alakija Str,
V/Island, Lagos.

0700-00-PARTHPEN

info@parthianpensions.com

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Copyright 2025 Parthian Pensions Limited. All rights reserved

Copyright 2025 Parthian Pensions Limited.
All rights reserved

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