Federal Mortgage Bank Of Nigeria

Federal Mortgage Bank of Nigeria (FMBN) – Building Affordable Homes for Every Nigerian The Federal Mortgage Bank of Nigeria (FMBN) is the nation’s leading housing finance institution, established to promote home ownership, affordable housing, and financial inclusion for Nigerians across all income levels. Since its inception, FMBN has been committed to bridging the housing gap by providing sustainable mortgage financing, innovative housing products, and long-term development funding to both individuals and developers. Operating under the supervision of the Federal Ministry of Housing and Urban Development, the bank plays a pivotal role in implementing the National Housing Policy, which aims to make home ownership accessible to low- and middle-income earners through affordable mortgage solutions. Our Mission & Vision Vision: To be the foremost mortgage institution providing affordable housing finance solutions to Nigerians. Mission: To promote home ownership and affordable housing development through accessible mortgage financing, innovative housing products, and effective partnerships with stakeholders. Our Core Services  National Housing Fund (NHF) Scheme: A compulsory savings scheme that enables Nigerian workers to contribute monthly towards accessing low-interest mortgage loans for home ownership.  Mortgage Loans: FMBN provides long-term mortgage financing at single-digit interest rates to help individuals and families purchase, build, or renovate homes across Nigeria.  Estate Development Loans (EDL): This product supports real estate developers with affordable funding to construct mass housing projects and residential estates nationwide.  Home Renovation Loans (HRL): Designed for homeowners looking to upgrade or renovate their existing properties with flexible repayment terms.  Cooperative Housing Development Loans: Supports cooperative societies in developing housing units for their members at affordable rates. Why Choose FMBN? Low-interest and long-tenure mortgage loans. Transparent, customer-focused service delivery. Nationwide reach with offices across all 36 states and the FCT. Partnerships with developers, cooperatives, and government institutions for housing delivery. Proven track record of promoting sustainable housing finance and economic empowerment. The Federal Mortgage Bank of Nigeria remains steadfast in its mission to make home ownership a reality for every Nigerian worker. Through innovation, transparency, and commitment to public service, FMBN continues to drive the growth of affordable housing, strengthen communities, and contribute to national development. Federal Mortgage Bank of Nigeria — Making Affordable Housing a Reality.   FIND MORE BUSINESSES HERE