New Mortgage Plan: What It Means For You
The Federal Government has proposed a new mortgage plan to help Nigerians own homes. The plan includes increasing the maximum mortgage loan.
New Mortgage
The Federal Government proposes to increase the maximum mortgage loan from N50 million to N85 million
Who Benefits
The plan aims to expand access to homeownership and improve housing finance for Nigerians
Next Steps
The government targets 5,000 mortgages by 2028
The takeaway
The government plans to increase mortgage loans to N85 million
This story is based on reporting by Nairametrics, written in our own words and checked against that report before publishing. Spotted an error? Report it.
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