Diaspora Mortgages That Actually Work
In partnership with the Ministry of Finance Incorporated, we bring you the MREIF Home Loan. Designed specifically for Nigerians living abroad to own property back home.
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Key Features
MREIF Home Loan Key Terms
Interest Rate
9.75%
Max Loan Amount
₦100,000,000
Minimum Equity
10%
Repayment Tenor
Up to 20 Years
Qualifications
Who Can Apply?
Nigerian citizens living and working abroad with a valid NIN.
Minimum monthly net income of ₦1,000,000 (equivalent in USD/GBP/EUR).
Employees or business owners with at least 3 years of verifiable track record.
Buyers targeting residential properties in approved urban locations.
FAQ