How to Access NHF Loan from Federal Mortgage Bank of Nigeria

The National Housing Fund (NHF) is a federal government initiative, created to provide funds that will facilitate the provision of affordable housing for the Nigerian citizens. In this post, we will walk you through on how to access NHF loan from Federal Mortgage Bank of Nigeria.

NHF loan aimed at helping Nigerians who cannot afford commercial housing to own houses by contributing 2.5% of their monthly salary to Federal Mortgage Bank of Nigeria.

Requirements for accessing NHF loan

  1. Applicants must not be less than 18 years and must be a Nigerian.

  2. Must open/have a savings account with a registered Primary Mortgage Bank (PMB).

  3. Have an aproved survey or site plans.

  4. Priced bill of quantities where applicable.

  5. Photocopies of valid title documents (e.g. C of O).

  6. Valuation report prepared by a firm of registered surveyors and valuers where applicable.

  7. Must have been contributing to the National housing fund for a period not less than six (6) months.

  8. Applicant must have satisfactory regular financial track record.

  9. Applicants reason for the loan must be to build, acquire or renovate a house.

The NHF loan security

  • The property for which the loan is obtained shall be the collateral
  • The property must have approved building plan and must have value equivalent to the loan
  • The property must have assurance.

Loan amount

The highest amount you can obtain is N15 million.

Interest for the loan

  • The interest for the loan is as follows;
  • 15million – 30% interest rate.
  • 10million – 20% interest rate.
  • 5million – 10% interest rate.

How to apply for National Housing Fund (NHF) loan

Below is how to apply for NHF loan;

  1. Open a saving account with PMB.

  2. Start contributing 2.6% of your income for at least six (6) months.

  3. Visit any Federal Mortgage Bank of Nigeria (FMBN) accredited Mortgage Loan Originator (MLO) to obtain application form.

  4. Fill the NHF form and submit back to your chosen MLO.

Below are other loans you may like;

Kindly share this article to help other people, and if you have any question or contribution, go the comment section below.


  1. Good morning, please,l need this loan for renovations of my property.l have four & a half years to retire in federal ministry of information & orientation, special Duties Department,10th floor, radio house, Abuja 08059638663, thanks.

  2. Iam working with private sector not government ineed to apply what are the cafeteria

  3. It’s by force to every Federal Government Civil Servants? Because some came to us and said we must fill the, as he said its already deducting from our salaries through IPPIS.
    My question is I don’t know if it’s true?

  4. I went to the office of FMB to apply for this loan, they told me requirement.which I follow up.where I suppose to get QS ,COFOR and dicoment.I have to spend #120.000.befor I will be ok for the proses the loan is difficult to civil servant to get is just for themselves . not every body.

  5. What if have an inherited village property land and want to develop on it without c of o documents, can you access the loan?

  6. I have been a member for almost 10 years now aw can I access d loan? And if I will need 3bed room flat aw much will be d cost.

Leave a Reply

Your email address will not be published.