National Housing Fund (NHF) is a Federal Government scheme, which entitles all Nigerians above the age of 21years in paid employment to a low interest, government funded loan. Members of the scheme contribute 2.5% of their monthly salary to the fund through Federal Mortgage Bank of Nigeria. The maximum amount obtainable under the NHF used to be N5 million but has since been increased to N15 million. The borrowed capital is repayable over a maximum of 15 years at the rate of 6% interest.


Any Nigerian above the age of 21. They must be a contributor to the National Housing Funds for a period of not less than six months. For individual borrowers there must be satisfactory evidence of regular flow of income to guarantee loan repayment.


Housing loan of up to 90% of the cost of the house

Interest on loans remains fixed throughout the life of the mortgage at 6% p.a

Long period of repayment of up to 15 years

Contributions can serve as additional old age security

Up to N15 million can be borrowed

Refunds with 2% interest on retirement

Loan repayment is about the same as a typical monthly rent

Every contributor has a lifetime registration number, a passbook for personal recording of contributions and the account statement


Confirmed Employees

Private business owners

Self Employed individuals


Notice !!!

The General Public should please note that the bank will never request for account details,BVN, pin, etcetera via email or text message.

Please refrain from giving out such details to anyone. If you are unsure of a request, please send a mail to and we will be happy to assist you.

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