NHF Mortgage Loan

We’ve been helping people buy their own home for 7 years, so you’re in safe hands whether you’re buying your first home, moving or looking to remortgage.

For Individual opting for a mortgage generated through a contributory fund where contributors pay 2.5% of their monthly income to the fund and are in return eligible to access Mortgage loan up to a maximum of N15 million.

Features

• Access to FMBN/NHF loan Scheme.
• Interest rate as low as 6%.

Benefits

• Mortgage, of course, allows the borrower to purchase a property.

Loan to Value

• N1million –N 5million = 10% equity contribution i.e LTV = 90%.
• N5million – N10million = 20% equity contribution i.e LTV = 80%.
• N10million – N15million = 30% equity contribution i.e LTV =70%.

Equity Deposit

• N1 million – N5 million = 10% equity contribution.
• N5 million – N10 million = 10% equity contribution.
• N10 million – N15 million = 10% equity contribution.