Lagoon Home Savings & Loans Limited was licensed and registered as a Mortgage Bank. It was incorporated on the 15th December 1992 and commenced operations in Jan 1993. Lagoon Home Savings & Loans Limited is a wholly owned Nigerian company. From inception, Lagoon Home Savings & Loans Limited has operated from a functional purpose built business office in the heart of the central business district of Victoria Island with a license to offer a wide range of financial services in the mortgage finance sector.

With an initial paid-up capital of N5million in 1993 the company currently has an authorized share capital of N2 billion divided into 4 billion (Four Billion) ordinary shares of 50k (Fifty Kobo) each and paid –up capital of N324 million. Gross earnings, which were N138 million as at 31st December 2000 has grown to over N1.29 billion as at Dec 31,2008. Total assets of N633 million as at December 2000 have grown to over N9.4 billion as at Dec 31,2008.

The key to Lagoon Home Savings & Loans Limited’s impressive growth is its culture of excellence, which is reflected in every aspect of the company’s operations. We pride ourselves particularly as a company that delivers services with personal touch and finesse. The Lagoon Home Savings & Loans Limited’s brand is often used as an industry and sector benchmark.

We have invested in technology to meet the desired level of efficiency, quick and up-to-date service delivery to our customers.Our operations are computerized on-line real-time with transaction processing capable of being linked with our other branch office.

A socially responsible organisation, Lagoon Home Saving & Loans maintains a long-standing policy of corporate responsibility to the communities in which it operates, and has made significant impact in the areas of sports and education. Lagoon Home Savings & Loans Ltd serves as Deputy President (West) to Mortgage Banking Association of Nigeria (MBAN) and is one of the few Mortgage Institutions with a Certificate of Standard and can access the 10 billion National Housing Fund (NHF) of the Federal Mortgage Bank of Nigeri