FHA Mortgage Bank Secures N27bn Loan, Says 3,427 Homeowners To Benefit

The Federal Housing Authority (FHA) Mortgage Bank has revealed that astir 3,427 eligible Nigerians enrolled connected the National Housing Fund (NHF) strategy volition payment from a N27 cardinal it has secured for lodging loans.

The managing manager of the FHA and the committee president of the FHA Mortgage Bank, Hon. Oyetunde Oladimeji Ojo who said this, yesterday, astatine the commissioning of the bank’s caller caput bureau successful Gwarinpa, Abuja, besides reiterated that an further 6,000 Nigerians person gained entree to mortgages done the Pension Commission’s Retirement Savings Account (RSA) model wrong conscionable 2 years of its commencement.

While announcing that the Bank is readying to unafraid a nationalist commercialized banking licence to broaden entree to lodging concern for Nigerians, Ojo urged the bank’s MD, Dr Hayatudeen Atiku Awwal, and his squad to guarantee that the task is taken arsenic a bequest that indispensable beryllium delivered wrong grounds time.

In his remarks earlier, the bank’s managing director, Dr Hayatudeen Atiku Awwal, revealed that plans were underway to unfastened astatine slightest 20 caller branches successful the adjacent 2 years to standard up its indebtedness portfolio to N100bn and turn its progressive lawsuit basal beyond 100,000 families.

Awwal explained that the Bank would assistance successful bridging Nigeria’s lodging concern spread and supply affordable owe opportunities for citizens crossed the 36 states and the Federal Capital Territory.

“Through the NHF window, the slope was capable to unafraid support of N27 cardinal connected behalf of 3,427 eligible Nigerians who are contributors to the strategy to ain their houses nationwide.
“In addition, done the PENCOM RSA window, we facilitated entree to mortgages for good implicit 6,000 Nigerians wrong 24 months of its commencement,” Awwal stated.

He explained that the inaugural reflected the bank’s committedness to moving with the Federal Mortgage Bank of Nigeria (FMBN) and different stakeholders to deepen lodging entree for middle-income earners, civilian servants, and young professionals, who marque up the bulk of the country’s lodging demand.

The FHA Mortgage Bank main stated further that the instauration had delivered residential units to customers successful Delta, Kano, Kaduna, Ogun and different states done its collaboration with Family Homes Funds.