✦ Independent Guide & Tools for the FMBN Diaspora Scheme
Nigeria Diaspora Mortgages is an independent informational and technology platform. It is not affiliated with, endorsed by, or an official agency of the Federal Mortgage Bank of Nigeria (FMBN).

Buy Your House in Nigeria with Total Peace of Mind.

Access the Federal Mortgage Bank of Nigeria (FMBN) National Housing Fund (NHF) Diaspora Scheme in clear, simple terms.

✦ The Core Offer: Borrow up to ₦100 Million at the official 9% fixed rate with repayments starting as low as $100 / month (£80 / month).
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FMBN Diaspora Scheme Parameters

Key information about the diaspora home financing scheme.

9% p.a.

Subsidized annual interest rate (compared to 25%+ commercial rates).

₦100M

Maximum loan cap per eligible diaspora applicant.

10 Years

Maximum repayment tenor for diaspora participants.

30% Equity

Required deposit; FMBN funds the remaining 70% balance.

Diaspora AI Mortgage Assistant

Ask about FMBN scheme eligibility, documents, rates, and loans

Hello! I can help with the FMBN Diaspora Mortgage Scheme. Choose a question below or ask me about eligibility, documents, rates, or loan calculations.

Diaspora Mortgage Calculator

Calculate your estimated monthly payments at the official 9% FMBN rate.

Entry-Level Affordability: Repayments start from as low as $100 / month (£80 / month) depending on loan amount and tenor.
Estimated Monthly Repayment (at 9% p.a.)
₦310,370 / month
~ $234 USD / month

Frequently Asked Questions (FAQs)

Everything you need to know about the Federal Government Diaspora Mortgage Scheme.

1. What is the FMBN Diaspora NHF Mortgage Scheme?

It is an official Federal Government initiative launched by the Federal Mortgage Bank of Nigeria (FMBN) and NiDCOM to allow Nigerians living abroad to register, contribute to the National Housing Fund (NHF), and access up to ₦100 Million in single-digit interest mortgage financing.

2. Do I need to travel to Nigeria to complete the application?

No. The entire process—including registration, digital KYC verification, monthly contributions, and mortgage processing—is completed 100% online from anywhere abroad.

3. What are the key loan conditions?

The mortgage carries a fixed interest rate of 9% per annum, a maximum loan tenor of 10 years, and a minimum required down payment (equity deposit) of 30% of the property value.

4. How much do I need to contribute to qualify?

Applicants must contribute to the NHF scheme for a minimum period (typically $150 to $200 monthly depending on income tier) before unlocking full mortgage drawdown eligibility.

5. Does FMBN guarantee property delivery and clean title?

No. FMBN acts as the mortgage provider, not the title verifier or developer. Independent title and legal verification remain critical steps before signing contracts. NDM assists buyers in selecting verified developments with clear C of O titles.