The average person believes you need to have a lot of money to buy a house, while this is mostly true, it is not entirely true. In Nigeria a provision has been made to cater to the housing needs of the working class citizen. This solution is contained in the NHF Act.

What is NHF?

NHF stands for National Housing Fund. It’s an act that was established in 1992 for the mobilization of funds for the provision of affordable residential houses for Nigerians. 


Where does the money come from?

As an employed Nigerian, there is already a mandatory contribution of 2.5% of your basic salary towards the NHF. All civil servants are contributors to the fund. Commercial and merchant banks also invest 10% of their loans and advance portfolio. Insurance companies are also mandated to invest in the fund.

What you need to be eligible to apply for the NHF

  • Registration via NHF 1 (employer) and NHF 2 (employee) forms.
  • Deducted monthly contributions remitted to FMBN promptly (At least 6 months    contributions should be made)
  • Passbook to be updated by employer and is transferable from one employment to the other.
  • Yearly statement of cumulative contributions plus accrued interest
  • Apply through any accredited Primary Mortgage Bank(PMB)
  • The applicant must provide satisfactory evidence of regular income.

Click on to fill an NHF form


How much can you get from the fund?

The amount you can get from the loan is dependent on an affordability test. This ensures that regardless of the amount approved for you, it is certain that you can pay back the loan within the given period of repayment. A maximum of Fifteen Million Naira (15,000,000) can be given out and you have up to thirty years to repay the loan.

What are the required documents when applying for the loan?

  • Completed application form.
  • Photocopy of title documents
  • Current valuation report on the proposed house to buy or bills of quantities (BOQ) for the house to build.
  • Three years’ tax clearance certificate.
  • Evidence of NHF participation
  • Copy of payslips for the previous three months.
  • Equity contribution or personal stake of 30%, 20% or 10% depending on the loan amount applied for.


There are around 5 million Nigerians in the NHF database who are eligible to access the NHF loans. The process depending on the circumstances may prove too stressful so it is advisable to seek out a developer to assist with the application of the loan. This is because developers work frequently with Primary Mortgage Banks and may be able to help you circumvent the pitfalls that prevent a successful loan application. 

To begin the application for NHF loan, Visit 

Kanma Homes is the way to go. 


Article written by Chibundu Kanma