Brent NHF is designed for customers who are contributors to the NHF scheme for easy access to NHF loan to build, buy and renovate residential properties.

Features:

• Maximum loan amount is N15million.
• Interest rate of 6% per annum.
• Tenor is up to a maximum of 30years, subject to the difference between applicant’s age and sixty (60) years or length of service years remaining.
• Monthly repayment shall not exceed one-third of the beneficiaries’ gross monthly emolument.

Benefits to customers:

• Low interest rate of 6%
• Long tenor of 30years to ease repayment burden.
• Fixed interest rate throughout the duration of the loan (i.e. the rate does not fluctuate).
• Loan amount you benefit is independent of your contribution to the fund.
• 0% equity for loans below N 5 Million

What to Do:      

• Open a Brent NHF account
• Save 10%equity for loan above N 5 Million
• Provide evidence of regular income
• Provide registered title documents of the target property.
• Provide copy of NHF passbook showing updated remittance.
• Provide current Tax Clearance Certificate.