Top Banks Offering Home Loans in Nigeria for 2026

In Nigeria, several banks and mortgage institutions provide home loans with flexible repayment terms, addressing the financial challenges of home buying. The Federal Mortgage Bank of Nigeria (FMBN) offers affordable housing finance through the National Housing Fund (NHF), allowing eligible contributors to access loans at a 6% interest rate for up to 30 years.

FMBN also launched a mortgage option in 2026 for Nigerians living abroad. FirstBank Nigeria provides home loans with a maximum tenor of 20 years and requires a minimum 20% equity contribution, with participation in the MREIF scheme offering loans at a fixed 9.75% interest rate.

Abbey Bank Plc, formerly Abbey Mortgage Bank, received CBN approval in 2026 to transition into a regional commercial bank, continuing its mortgage financing services. Access Bank also participates in the MREIF program, providing mortgages with repayment terms of up to 20 years.

Prospective homeowners are advised to compare mortgage options and confirm the latest terms before applying.