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Your dream of owning a home is closer than ever.

With the Ministry of Finance Real Estate Investment Fund (MREIF), powered by FCMB, you can now access affordable mortgages with flexible repayment terms.

Who can apply?

Confirmed Salaried Individuals of Categorized organizations, whose monthly salaries are domiciled with FCMB and meet the defined eligibility criteria.

Features

  1. Up to N100 million for each eligible home buyer or real estate developer

  1. Up to 90% of the value of each housing unit

  1. Minimum of 10% of the value of each housing unit

  1. Interest Rate: 9.75% per annum

  1. Minimum of 1 year (12 months) and Maximum of 20 years (240 Months)

  1. Equal Monthly Instalments (EMI) of Principal and Interest
Easy Home Features
Easy Home Documentation

Documentation and Eligibility Requirements

  • Certificate of Occupancy or Registered Deed of Assignment
  • Bank’s Statement of Account
  • Valuation Report
  • Search Report
  • Property must be free from any know structural defect


Take advantage of this unique opportunity to own a home and build lasting security for you and your family.

Get Started
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