Mortgage Finance: NHF and Other Options for Home Buyers
28 February 2026
National Housing Fund and other mortgage options for Nigerian home buyers: eligibility and how to apply.
Mortgage finance remains critical for homeownership. This article explains the NHF and other mortgage products, eligibility, and how to approach lenders.
National Housing Fund (NHF)
The NHF is a federal scheme that provides loans at concessionary rates to contributors. Eligibility and limits are set by the Federal Mortgage Bank of Nigeria (FMBN). Applicants must have contributed for a minimum period and meet other criteria. Application is through accredited primary mortgage banks (PMBs).
Commercial Mortgages
Banks and PMBs offer commercial mortgage products for purchase or construction. Terms, rates, and eligibility vary. A deposit is usually required. Documentation typically includes proof of income, identity, and property details. Title must be acceptable to the lender.
Comparing Lenders and Preparing Your Title
Compare offers from multiple lenders. Read all terms, including fees and early repayment conditions. Ensure your title (e.g. C of O) is in order before application; lenders will require a valuation and often insist on C of O.
Digit Properties lists properties across Nigeria—find your next home and then explore financing options. We can support document verification (survey and C of O) so your title is ready for the lender.