Mortgage Perfection Cost Calculator
Find out what it costs to perfect a Deed of Legal Mortgage at the Kwara State Geographic Information Service (KWGIS), Ilorin — including CAC charge registration for companies. Enter your loan amount for an instant estimate.
Individuals pay the KWGIS fees only. A company also registers the charge at the Corporate Affairs Commission (CAC).
- Application form feeFixed
- ₦50,000
- Stamp duty (FIRS)0.375% of loan
- ₦37,500
- KWGIS approval fee2% of loan
- ₦200,000
- KWGIS registration fee1.5% of loan
- ₦150,000
- Administrative charges10% of approval + registration
- ₦35,000
- Total
- ₦472,500
A guide to the statutory and regulatory fees only. Actual charges are subject to KWGIS assessment and the prevailing CAC schedule; the firm's professional fee is separate.
Perfecting a legal mortgage at KWGIS — your questions answered
What is perfection of a legal mortgage?
Perfection is the legal process of registering a Deed of Legal Mortgage over land with the state land registry — the Kwara State Geographic Information Service (KWGIS) in Kwara State — and, where the borrower is a company, registering the charge at the Corporate Affairs Commission (CAC). Once perfected, the lender's security is valid and enforceable against third parties.
How much does KWGIS charge to perfect a mortgage?
KWGIS costs are made up of a ₦50,000 application form fee, stamp duty at 0.375% of the loan, an approval fee at 2%, a registration fee at 1.5%, and administrative charges of 10% of the approval and registration fees — plus any outstanding land charges on the title. Use the calculator above for the exact figures on your loan amount.
Is there an extra cost for companies (CAC)?
Yes. Where the mortgagor is a registered company, the charge must also be registered at CAC within 90 days of creation. The CAC fee is the higher of ₦25,000 or 0.35% of the amount secured by the charge.
How long does perfection take?
Perfection at KWGIS typically takes about six weeks, depending on how complete the documents are and the pace of assessment, consent and registration. Premium Legal Partners manages the whole process — from consent to mortgage through to registration and CAC filing — and updates you at every stage.