₦airaland Forum

Hobinnah:
Please I'm very interested in this. Just read the post. Could u please send me your email address and phone number for further discussions.
Looking forward to hearing from you.

onyeka205:
Pls I need the details, my email is campbell205@yahoo.com

niyoc007:
Am interested and I need your guide toward achieving that. Kindly send me mail through (niyoc007@gmail.com) thanks

Akdams:
NHF Home Ownership Scheme

This scheme is powered by the National Housing Fund and administered by the Federal Mortgage Bank of Nigeria [FMBN] through a Primary Mortgage Institution. The aim is to provide affordable housing to the teething number of Nigerian workers who would otherwise not have access to mortgage finance at such affordable rate and long, convenient tenor such as the one offered through this scheme . The loans are specifically meant for the participating members of the scheme who contribute to the National Housing Fund (NHF). That is, anyone who is a regular contributor and has contributed for a minimum period of 6 [six] months is eligible to apply for the loan. The contribution is usually deducted at salary source by the human resources of the organizations where the applicant works. And, the NHF act of 1992 makes this makes this contribution compulsory, while offering the contributors the opportunity to enjoy the numerous benefits of the scheme

The general qualifying criteria for all applicants is as follows:

1. applicants must be above 18 years of age
2. applicant must be a contributor to the National Housing Fund for a minimum of 6 [six months]
3. the applicant contributes only 2.5% of his/her monthly basic salary or pay to the fund.
4. Applicant must have satisfactory evidence of regular flow of income to guarantee loan repayment.
5. The loan shall be for the purpose of building, purchasing, or renovating a residential accommodation.
6. The loan shall not be used to refinance any residential property.
7. Applications must be made through a Mortgage Loan Originator, [MLO] and not directly to Federal Mortgage Bank of Nigeria [FMBN]
8. Applicants forms for NHF loans are obtainable from Refuge Homes Savings & Loans
9. the property for which loan is sought to finance shall serve as security for the loan
10. the property must have a valid title document [C of O]
11. the property shall conform to the existing planning laws and regulations [approved building plan]
12. the property shall possess sufficient value to recover the loan
13. the property shall be insured against all hazards
14. the loan shall be secured by first party legal mortgage on the property between the applicant and PMB and assigned to FMBN.
15. Each applicant shall be entitled to a maximum loan amount of N15,000,000.00 [Fifteen Million Naira Only] or as determined by the bank
16. no individual shall be given a loan in excess of 90% of the cost or value of the property to be mortgaged.
17. the loan amount an applicant is eligible for is calculated on the basis that he/she does not utilize more than one-third [1/3] of gross monthly pay to service the loan.

18. Equity contribution shall be as below:

Loan Amount N Equity Contribution Amount N
10.1M -15M 30% 3,030,000 - 4,500,000
5.1M -10M 20% 1,020,000 - 2,000,000
1M - 5M 10% 100,000 - 500,000




19. Interest rate shall be as prescribed by the National Housing Fund Act which is not more than 6% per annum, and shall be fixed throughout tenor.
18. the maximum repayment period shall be 30 years [but shall not exceed the
applicant’s 60th year.
19. the individual borrower shall make repayment through the mortgage loan
Originator.

pinkkystel:
I am interested, pls send details to pinkbaby4life2000@yahoo.com
Thanks

emmyforeal:
I am interested. Kindly forward details to isuemmy@gmail.com

Thank you

teezy01:
can we discuss bizness pls
gbolataiwo28@gmail.com

Samdurance:
Pls How can I register for the NHF?

msalami:
l am interested in this please. You may to call me 0n 08098333370 or email other information ademola_maaruf@hotmail.com

Akdams:
give me your email. will send the detail to you.

Akdams:
NHF Home Ownership Scheme

This scheme is powered by the National Housing Fund and administered by the Federal Mortgage Bank of Nigeria [FMBN] through a Primary Mortgage Institution. The aim is to provide affordable housing to the teething number of Nigerian


TEL - 09095966665
Whatsapp - 08087329004

00Pro:
Please contact me so I can receive further directions & information:
zpelshak@gmail.com
BBM Pin: 7C4E9A99

Akdams:
contact me

TEL - 09095966665
Whatsapp - 08087329004
BBM Pin - 560C1042
Email - akdam_multiwealth@yahoo.com