National Housing Fund (NHF) Loan Scheme What You Need To know!

National Housing fund (NHF) is a Federal Government introduced scheme, to which all public servants and employees in the organised private sector within the country are expected to contribute 2.5% of their monthly salary to Federal Mortgage Bank of Nigeria, managers of the fund.



  1. Housing loan of up to 90% of the cost of the house.
  2. Interest on loans remains fixed throughout the life of the mortgage at 6% p.a.
  3. Long period of repayment of up to 30 years.
  4. Contributions can serve as additional old age security.
  5. Up to N15 million can be borrowed.
  6. Refunds with 2% interest on retirement.
  7. Loan repayment is about the same as a typical monthly rent.
  8. Every contributor has: a lifetime registration number, a passbook for personal recording of contributions and the account statement.

Who can apply?

  • Any Nigeria above the age of 21
  • You must be a contributor to the NHF for a period of not less than one year, if you are not yet registered, it is required you pay in arrears for a period of 18 months.
  • You must have a satisfactory evidence of regular flow of income to guarantee loan repayment.


  • The loan shall be for the purpose of purchasing a house only.


  • Completion of Masters Golden Estate Subscription Form @ N10,000

Other Requirements

  1. Evidence of Registration With NHF Scheme (Passbook).
  2. Income Statement (Recent Payslip for Past six (6) Months, for workers and 1 years statement of account for self employed).
  3. Tax Clearance Card.
  4. Utility Bill (Nepa, Water, Or Waste).
  5. Identity Card (Drivers License Or International Passport).
  6. Age Declaration/Birth Certificate.
  7. Eight Recent Passport Photographs.
  8. Employment Letter/Confirmation Letter.
  9. Letter of declaration as first time applicant.
  10. Handwriting NHF Loan application.
  11. Employer mortgage confirmation.
  12. Affidavit of Support from Spouse/Relation (where necessary).

Core Values »

SIM Property & Homes Limited is driven by a set of corporate values that help to sustain our quality profile on a consistent basis. The values which have evolved into a corporate culture include:-

  • Quality engineering and services
  • Speedy and Consistent delivery of services
  • Customers satisfaction/delight
  • Transparency and accountability
  • Cost consciousness and waste reduction
  • Practices, processes and procedures driven by world class management.