Nhf loan application form 2025

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The 2.5% of the monthly basic salary contribution qualifies you to access the loan. The pool of funds created by the contributors nationwide becomes available to any contributor to borrow from, after contributing for a minimum of six months.
REQUIREMENTS FOR ACCESSING AN NHF LOAN Open a savings account with a registered PMB. Contribution to the fund for at least six months prior to application. Have satisfactory evidence of the regular flow of income to guarantee the loan. Submit photocopies of valid title documents (e.g. C of O). Approved survey/site plans.
The Chenoa Fund down payment assistance program does not have income limits.
How does a contributor obtain an NHF loan? A contributor interested in obtaining an NHF loan applies through a registered and duly accredited mortgage loan originator (e.g. Primary Mortgage Banks), who packages and forwards the application to FMBN.
National Housing Fund Scheme (NHF) NHF is a scheme created by Federal Government and managed by the Federal Mortgage Bank of Nigeria.
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A loan application form is used to collect essential financial information from applicants and document loan terms for assessing eligibility and making informed decisions.
FHLB Grant If you are a first-time homebuyer or havent owned a home within the past three years, you could be eligible for a grant to cover part of your down payment or closing costs. Up to $12,500 in assistance that can be used toward down payment or closing costs.
In order to be eligible for a Federal Mortgage Loan in Nigeria, you should: You should be at least 18 years old. You will use NHF 1 (employer) and NHF 2 (employee) forms to register. Must remit the monthly contributions they deducted to FMBN promptly (which must be at least 6 months contributions)

national housing fund registration form