Everything you need to know about the National Housing Fund loan — Nigeria's most affordable home financing scheme.
The National Housing Fund (NHF) is a Federal Government of Nigeria scheme that enables workers in both public and private sectors to access long-term housing loans at a subsidised interest rate of 6% per annum. Monthly contributions of 2.5% of your basic salary are deducted and remitted to the Federal Mortgage Bank of Nigeria (FMBN).
To be eligible, you must have contributed to the NHF for a minimum of 6 months. The maximum loan amount is ₦15 million for residential property.
Verify you are registered with the National Housing Fund and have been contributing for at least 6 months.
Obtain a property offer letter from a verified developer. The property must be approved by Federal Mortgage Bank of Nigeria (FMBN).
Submit your NHF loan application via our platform. We handle all correspondence with the mortgage bank.
Mayfresh Mortgage Bank conducts a credit and income assessment to determine your loan eligibility and amount.
Once approved, you'll receive an official letter from Mayfresh Mortgage Bank with loan terms and conditions.
Loan funds are disbursed directly to the property developer upon completion of all documentation.
Let Apex and Mayfresh Mortgage Bank handle your entire application process.
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