Home Feature FMBN Rent-to-Own Houses: Nasarawa State

FMBN Rent-to-Own Houses: Nasarawa State

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By Jummai Abu

This is a great opportunity for the people of Nasarawa State and contributors to the National Housing Fund (NHF) Scheme, who are in dire need of owing a property without stress.

The Federal Mortgage Bank of Nigeria (FMBN) recently built 40 units housing estate situated along Lafiya-Akwanga road on a rent-to-own basis. The estate covers 1-3 bedroom bungalows going for N3.4M, N7M, and N8.5M.

These platform given by the (FMBN), allows eligible contributor to the NHF scheme to move into the FMBN-owned properties with ease as a tenant and with due time pay for ownership of the said property. Payments can be made in monthly or annual instalments over the period of 30 years at an interest rate of 7 percent.

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