Home Feature Benefitting From FMBN’s Affordable Housing Rates

Benefitting From FMBN’s Affordable Housing Rates

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Kingsley U.N. Chikwendu —

The National Housing Fund (NHF) Scheme provides an affordable path to homeownership for Nigerians. When you register and contribute 2.5% of your monthly income for six consecutive months, you become eligible to apply and benefit from the Federal Mortgage Bank of Nigeria (FMBN)’s suite of affordable housing products at the best rates. This includes single-digit interest rates and long tenors of up to 30 years, depending on age and years in service.

You can contact an FMBN branch nearest to you to start the process: https://www.fmbn.gov.ng/Contact/contact-us.html

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