How smart Nigerian working-class and entrepreneurs are securing their dream home in Nigeria by with up to N15M housing loans in Nigeria

Owning a luxurious apartment in Nigeria is a dream that many aspire to achieve. What if I told you that there’s a well-structured, easy yet affordable path to turn this dream into reality?

Through the National Housing Fund (NHF), prospective homeowners have the opportunity to secure up to a N15 million housing loans in Nigeria.

In this comprehensive guide, we will walk you through the six easy steps to secure this loan and get the keys of your dream home without stress.

Additionally, we will highlight the success story of the beneficiaries that have taken advantage of this affordable homeownership scheme.

#Step 01: Understanding the National Housing Fund (NHF)

The NHF is a government-driven initiative designed to provide affordable housing loans to Nigerians. It is managed by the Federal Mortgage Bank of Nigeria (FMBN), and it offers low-interest rate mortgages to eligible contributors.

The NHF is anchored in Act 3 of the 1992 constitution that established the National Housing Fund (NHF). Section 2 of the Act outlines the aims and objectives of the fund. Sections 20, 21, and 22 define the offenses and penalties for non-compliance. Act 3 is being amended to bring it in line with new realities and is aimed at strengthening the National Housing Fund.

#Step 5: Accessing your mortgage

The NHF is a government intervention to enable people to buy and move into their first homes. The loan has the lowest interest rate on a mortgage in West Africa. Contributing to the NHF is mandatory for every adult Nigerian or resident in Nigeria with a regular source of income and failure to remit contributions to the fund could result in jail time or a fine.


If you never get around to applying for the loan, you can always get a refund of your contributions at a 2% per annum interest rate when you turn 60 or after 35 years of service.

To participate in the NHF program, individuals must register and make regular contributions up to 6 months. Both public and private sector employees have access to this scheme and the benefits it offers.

#Step 2: Determine Your Eligibility

Before embarking on your homeownership journey through the NHF, it’s essential to confirm your eligibility. Eligible contributors should meet the following criteria:

To be able to apply for NHF financing you have to check all of the following categories;


  • > Be a Nigerian citizen.
  • > Be at least 21 years of age
  • > Have a steady and reliable source of income whether paid or self-employment
  • > Be earning at least N3000 per annum
  • > Be up to date with your 2.5% of basic salary contribution to the fund for at least 6 months

#Step 3: How to be an NHF contributor

To qualify for the NHF program, you must consistently make contributions. A percentage of your monthly income will be deducted and deposited into your NHF account through your employer. Accumulating a substantial amount in your NHF account is the key to securing a significant mortgage.

Step 4: How much can you access through the NHF scheme?

“As part of efforts to ensure equitable access to decent N15M, FMBN offers you the opportunity to purchase affordable luxury that suits your growing family needs. You can now live in the best estate you can ever think of, like “Mainland Park Regal”  popularly called the “New-Lagos”!

N:B – Sincerely, it is easier to access your housing loans and works best for owning your new home from a real estate developer who has a good working relationship with the Federal Mortgage Banks like Pentagon Real Estates, the developer of “Mainland Park Regal” popularly called the New-Lagos.

If your values include safety, a nurturing environment, and access to quality education, Mainland Park Estates ticks all the boxes.

Click the link below to get the brochure where you can explore a series of homes you can own with your N15M mortgage in Mainland Park Estates.


Our Brochure


“And you know what’s more exceptional? Some members of NAMA cooperative staff took advantage of this housing scheme through Pentagon Real Estates in 2017 which resulted in a whopping 300% ROI as at September 2023.

By illustration;

“The houses they got for N17M each as at 2017 at Mainland Park Regal through the NHF” now worth N50M at this same estate in a span of 6 years, think of the value appreciation and rental income this commands for you if you choose to rent these houses out?

Here’s what the beneficiaries are saying:

What People Say About Us

Client Testimonials

Let our works speak for us!

Handover ceremony of Three exquisite 3 Bedroom apartments offered to staffs of NAMA for N17M each in 2020 – Now values at 50M IN 2023.

A whooping 150% (ROI)!

For further inquiries

Contact us for information using any of the buttons below. We’re happy to help. Thanks for choosing us.  

#Step 6: Securing your dream home through Pentagon Real Estates

Be a part of this, let Pentagon real estates help you through the process of accessing your loans, provide an affordable luxury that’s befitting and hand you over the keys of your dream home:

Call Us

Opening Hours

Pentagon Real Estate Investment Limited
All Rights Reserved.

You should Get In Touch


Hello Client,

Got any questions about our lands or houses? I'm happy to help!

× Chat With Us!