
FG unveils loan for Nigerians to build or buy houses – How to apply
The scheme provides eligible NHF contributors with mortgage financing of up to ₦50 million, at an interest rate of 6 per cent per annum, with a repayment period of up to 30 years.
Step 4: Wait for assessment The mortgage institution will assess your ability to repay the loan and examine the property and supporting documents.
Step 5: Approval and disbursement If the application meets the relevant requirements and receives approval, the mortgage funds will be disbursed through the accredited mortgage institution for the approved housing purpose.
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