The Federal Mortgage Bank of Nigeria (FMBN), in collaboration with the Nigerians in Diaspora Commission (NiDCOM), has developed a comprehensive Diaspora NHF Mortgage scheme tailored for Nigerians living abroad. Here are some of the accredited mortgage banks participating in the FMBN’s Diaspora NHF Mortgage scheme, along with their unique offerings so you don’t have to fall into the wrong hands:
- Access Bank Plc:
- Offers competitive mortgage rates specifically tailored for Nigerians in the Diaspora, focusing on flexible repayment plans which can be tailored to fit individual financial circumstances.
- Fidelity Bank PLC:
- Provides Diaspora customers with mortgage loan facilities at an interest rate of 6% per annum, which is lower than the typical market rates. They also offer extensive customer support to guide applicants through the process.
- First Bank of Nigeria Limited:
- Known for their robust service delivery, they offer mortgage loans to the Diaspora community with a structured repayment plan extending up to 30 years, ensuring affordability over a long term.
- Guaranty Trust Holding Company PLC:
- Offers innovative housing finance solutions with a focus on ensuring transparency and reducing the bureaucratic hurdles often associated with securing mortgages from abroad.
- Stanbic IBTC Bank PLC:
- Provides a distinctive offer of mortgage loans with a single-digit interest rate and a tenure of up to 30 years, coupled with the option for early repayment without penalties, which is a rare feature in the industry.
- United Bank for Africa PLC:
- Known for their customer-centric approach, they offer personalized mortgage advisory services to ensure that Nigerians in the Diaspora can make informed decisions about their property investments in Nigeria.
- Zenith Bank PLC:
- Offers a streamlined application process with minimal documentation for Nigerians living abroad, aiming to make the process as hassle-free as possible with competitive interest rates and terms.
Check out also how we provide seamless luxury and affordable home ownership solutions in Lagos by getting in touch here or through our website. Each of these banks has been accredited by FMBN to provide mortgages under the Diaspora NHF Mortgage scheme, ensuring that they meet the standards required for providing secure and reliable mortgage services to the Diaspora community.
