FMBN
Federal Mortgage Bank of Nigeria
About FMBN
The Federal Mortgage Bank of Nigeria (FMBN) is the apex mortgage institution in Nigeria, established to provide affordable mortgage financing and promote home ownership through the National Housing Fund (NHF) scheme.
As one of our valued clients, FMBN represents excellence in mortgage banking and affordable housing finance. Their commitment to making homeownership accessible to all Nigerians aligns perfectly with our mission to deliver cutting-edge technology solutions that enhance financial services and housing development.
Core Services
FMBN's comprehensive approach to affordable housing and mortgage financing for Nigerians
National Housing Fund
Managing the National Housing Fund scheme, providing affordable mortgage financing to Nigerian workers with low-interest rates and flexible repayment terms.
Mortgage Loans
Providing diverse mortgage loan products including individual home loans, cooperative housing loans, and estate development financing for all income levels.
Housing Development
Financing large-scale housing projects and estate developments across Nigeria to increase affordable housing stock and support urban development.
Primary Mortgage Banks
Supervising and providing refinancing to Primary Mortgage Banks (PMBs) to expand mortgage lending capacity across the Nigerian financial system.
Digital Banking
Providing online banking services and digital platforms for NHF contributions, loan applications, mortgage calculators, and customer service management.
Housing Policy
Developing housing finance policies, conducting research on housing market trends, and supporting government initiatives for affordable housing delivery.
Affordable Housing For All
FMBN is committed to making homeownership accessible and affordable for all Nigerians through innovative mortgage products and the National Housing Fund. Their vision is to become the leading mortgage bank in Africa, promoting sustainable housing development.
Their partnership with Iris Smart Technology demonstrates their commitment to digital transformation and innovative solutions that support Nigeria's housing finance objectives. From online banking platforms to mortgage management systems, technology plays a crucial role in their operations.