Be the next to buy your house with MREIF
MREIF is here to make owning your home a reality, offering affordable mortgages of up to 20 years at a fixed interest rate of just 9.75% per annum.
More banks onboard to expand the reach of MREIF
MREIF is partnering with more banks and key stakeholders to reach even more Nigerians.
Empowering Nigeria's Housing Sector with MREIF
MREIF is partnering with developers and investing in sustainable housing solutions for the long term.
Buying your new house is just a few steps away
Discover affordable, quality homes designed with your lifestyle and budget in mind.
Our Partners
Participating Banks
Simple Process
How MREIF Works
MREIF makes affordable housing accessible through streamlined processes and tailored mortgage solutions.
Create Account
Create your free MREIF Homebuyer account in minutes. You'll need a valid email address and phone number to get started. Our simple registration process ensures your data is secure while giving you immediate access to Nigeria's largest affordable housing marketplace.
Click to create AccountSelect Property or Upload Yours
Get Pre-approved
Secure Mortgage
What is MREIF?
Addressing housing sector challenges with long-term, low-cost mortgage financing for Nigerians at scale.
Own your dream home with affordable rates
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MREIF: Mortgage Financing and Expansion Initiative Fund
MREIF: Mortgage Financing and Expansion Initiative Fund
Impact & Results
Our Progress So Far
MREIF's push for a million homes will significantly strengthen local supply chains, deepen financial markets, stabilize property prices, while driving broader economic growth.
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Mortgages Process
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Verified Developer Onboard
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Active Financial Institution
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Diaspora Interests for 19 Countries
Who Can Apply?
Eligibility Requirements for MREIF Program
Take the first step towards owning your dream home
MREIF makes homeownership accessible with low-interest mortgages at 9.75% p.a., up to 20-year terms, and as little as 10% equity contribution.
Requirements
Applicants must be Nigerian citizens to qualify for the programs offered by MREIF.
Applicants must meet specified income and credit requirements. These criteria are specified on the platform that is provided for all intended participants. These criteria are designed to ensure that the mortgages are granted to individuals who can sustain the repayment terms while benefiting from the low-interest rates.
Applicants need to submit all necessary documentation, which typically includes proof of identity, history and proof of income sources, and other relevant documents.
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