NATIONAL HOUSING FUND (NHF) SOCIAL MORTGAGE
- Home
- Mortgage
- National Housing Fund (NHF) Social Mortgage
NATIONAL HOUSING FUND (NHF) SOCIAL MORTGAGE
Empower your homeownership dreams! Join the National Housing Fund and build your future today!
This product is designed to provide access to the National Housing Fund (NHF) loan from the Federal Mortgage Bank of Nigeria (FMBN) for contributors to buy, build, or renovate their houses. It is applicable to employed and self-employed individuals.
Features
- Loan exposure is maximum of N15,000,000
- Equity contribution starts from 10% (depending on the proposed loan amount/property value)
- 6% interest rate
- Maximum of thirty (30) years tenor
- Available to individuals of 21 years of age and above
Benefits
- Become a homeowner with ease at affordable and appreciable cost.
- Repayment tenor is subject to applicant’s age and length in service
- Stable interest rate throughout the tenor of the loan
- Flexible and convenient monthly repayment to match the customer’s income appetite.
Our Process
How We Work
