Green Mortgage set to simplify mortgage processing in Nigeria

Green Mortgage set to simplify mortgage processing in Nigeria

Lagos, Nigeria – March 12, 2025– Thinkmint Nigeria has officially launched Green Mortgage, the country’s first online mortgage processing and approval platform, marking a major breakthrough in the housing and real estate sector.  

Following a successful beta phase involving over 20 mortgage companies and the Family Homes Funds, Green Mortgage is set to streamline and simplify the mortgage application process for both borrowers and lenders. The platform seamlessly integrates Loan Origination Systems (LOS) and Documentation Systems, providing a comprehensive, all-in-one solution that revolutionizes mortgage accessibility in Nigeria.  

Transforming the Mortgage Landscape 

According to Imelda Usoro Olaoye, Co-founder and Chief Business Officer (CBO), Green Mortgage was designed to eliminate the traditional hurdles of mortgage processing, such as lengthy paperwork, unclear interest rates, and slow approval times.  

"With Green Mortgage, we’ve combined LOS and Documentation processes into a single, streamlined platform, enhancing the entire mortgage journey for both originators and borrowers,"she said.  

Through Thinkmint’s real estate platform, which has facilitated billions of naira in transactions, the team identified key inefficiencies in the mortgage system. Green Mortgage was developed to bridge these gaps, providing a seamless and modern solution for all stakeholders in the housing finance ecosystem.  

A Solution for Nigeria’s Housing Deficit  

Co-founder and Chief Strategy Officer (CSO), Noah Ibrahim, emphasized that Green Mortgage would play a critical role in addressing Nigeria’s housing deficit by facilitating easier access to home financing.  

"As a long-standing real estate developer, I’ve seen firsthand the challenges in mortgage facilitation and how an efficient system can drive timely project completion and sustainable housing developments,"he said.  

The platform aims to eliminate outdated and disconnected mortgage systems, which often lead to high costs, inefficiencies, and frustration for both lenders and homebuyers. Green Mortgage offers an integrated solution that enhances productivity, reduces costs, and simplifies the loan origination process.  

Key Features of Green Mortgage

- Competitive Interest Rates – Affordable rates to make homeownership more accessible.  

- Flexible Payment Options – Tailored repayment plans to suit different financial situations.  

- Easy Application Process– Less paperwork and a user-friendly digital application.  

- Faster Approval Time – Swift mortgage approvals, allowing homeowners to move in sooner.  

- Exclusive Partnerships – Special deals and discounts through trusted real estate partners.  

Investment & Industry Impact**  

Green Mortgage recently secured a $100,000 pre-seed funding after two successful investor pitches in October 2024. This funding will enable the company to scale operations, automate complex mortgage origination processes, and deliver an improved experience for borrowers and lenders.  

"With Green Mortgage, we are proud to be at the forefront of this transformation, streamlining workflows and bringing mortgage loan origination into the modern age," said Olaoye, who is also the Founder and CEO of Thinkmint Nigeria.  

Having built one of Nigeria’s fastest-growing real estate marketing platforms since 2020, she believes Green Mortgage is a game-changer that will unlock homeownership opportunities for more Nigerians.  

About Green Mortgage

Nigeria’s housing sector has long been plagued by high interest rates, limited access to long-term funds, and tough mortgage eligibility criteria. Green Mortgage is designed to break these barriers, making homeownership easier, faster, and more accessible.  

For more details or to schedule a demo, visit: [**www.greenmortgage.thinkmint.ng**](www.greenmortgage.thinkmint.ng).