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National Housing Loan – Frequently Asked Questions

A: AIMS AND OBJECTIVES 1. What are the aims and objectives of the NHF Act No. 3 of 1992? a) To facilitate the mobilization of funds for the provision of houses for Nigerians at affordable prices b) To ensure constant supply of loans to Nigerians for the purpose of building, purchasing and improvement of residential [...]

Mortgage Loans in Nigeria: How to Access NHF Loans

To access the National Housing Fund (NHF) mortgage loans in Nigeria, you need to be registered with the NHF and open a National Housing Fund Loan Account. This can be done directly via your employer or through a primary mortgage lender. Your loan application has to be through a registered and duly accredited Primary Mortgage [...]

Home Ownership: Procedure For Registration in the National Housing Fund (NHF)

The Federal Mortgage Bank of Nigeria (FMBN) is the manager of the National Housing Fund (NHF) All Nigerians in employment whether self employed or in paid employment are required by Act3, 1992 to contribute 2.5% of their salary income to the fund The Procedure for registration is as follows: The Federal Mortgage Bank of Nigeria [...]

Requirements To Get A Home Mortgage Loan in Nigeria

If you want to buy a home for yourself in Nigeria, you can take advantage of mortgage loan. You can get this loan from different lenders, with different loan terms and conditions. Prior to going to a lender, you can find out how much mortgage you can afford, by using online home mortgage calculator. What [...]