Nigerians above the age of 18 can apply for the NHF Loan. An applicant must be a contributor to the National Housing Fund for a minimum period of six months. And Applicant must have satisfactory evidence of regular flow of income to guarantee loan repayment.
Main Value Proposition:
The NHF Loan will enable beneficiaries to build, purchase and renovate a residential accommodation.
Incentive Offered:
Borrowers are entitled to N15 million maximum at interest rate not higher than 6%.
Product Category: Mortgage
Minimum Requirement: 500.00
LOAN REQUIREMENTS:
- Registration via NHF 1 (employer) and NHF 2 (employee) forms.
- Deducted monthly contributions remitted to FMBN promptly. At least 6 months contributions should be made. Passbook to be updated by employer and is transferable from one employment to the other. Yearly statement of cumulative contributions plus accrued interest available.
- Applicant must provide satisfactory evidence of regular income
- Apply through any accredited Primary Mortgage Institute (PMI)
For further details and enquiry use the contact below:
The Mortgage House Plot 266 Cadastral AO Central Business District PMB 2273, Garki
Abuja
FCT,
+234-9-4601992 ,+234-9-4602102
info@fmbn.gov.ng