Be the next to buy your house with MREIF
MREIF is here to make owning your home a reality with affordable mortgages, streamlined processes and tailored financing solutions.
Mortgage at a glance
More banks onboard to expand the reach of MREIF
MREIF is partnering with more banks and key stakeholders to reach even more Nigerians.
Get StartedEmpowering Nigeria's Housing Sector with MREIF
MREIF is partnering with developers and investing in sustainable housing solutions for the long term.
Learn MoreBuying your new house is just a few steps away
Discover affordable, quality homes designed with your lifestyle and budget in mind.
Get StartedParticipating Banks
Access Bank
Mortgage financing partner with dedicated home loan products.
FCMB
Offering MREIF-backed mortgage solutions for salary earners.
Fidelity Bank
Providing affordable home financing through MREIF.
Stanbic IBTC
Participating financial institution for MREIF mortgages.
Infinity Trust Mortgage Bank
Specialist mortgage bank supporting MREIF homebuyers.
Four simple stages
1. Create Account
Create a free MREIF Homebuyer account.
2. Select Property
Find an eligible property or use your own.
3. Get Pre-approved
Complete pre-qualification and eligibility.
4. Secure Mortgage
Proceed with the mortgage process.
Long-term, low-cost mortgage financing at scale
MREIF is designed to address Nigeria's housing needs through long-term, low-cost mortgage financing and housing-sector partnerships.
Learn MoreOur Progress So Far
Eligibility
Home Buyers
- ✓ Nigerian citizens
- ✓ Specified income criteria
- ✓ Credit requirements
- ✓ Required documentation
Developers
- ✓ Titled land bank
- ✓ Minimum 5 hectares
- ✓ Minimum ₦500m NAV
- ✓ Project financing ability
- ✓ At least 3 completed projects in 5 years
Find Your Home
Detached Duplex
Lekki, Lagos | ₦85m | 4 Bedrooms
Semi-Detached Duplex
Ajah, Lagos | ₦65m | 3 Bedrooms
Residential Estate
Abuja | ₦120m | 5 Bedrooms
Ready to own your home?
Start with affordability and move into the formal pre-qualification process.
About MREIF
The MOFI Real Estate Investment Fund (MREIF) is a key initiative under President Tinubu's Renewed Hope plan.
Mission
Bridge Nigeria's housing gap by providing accessible financing options and supporting affordable housing development nationwide.
Vision
Create a sustainable housing market that empowers Nigerians with affordable homeownership opportunities.
MREIF Eligibility for Home Buyers
Learn about the eligibility criteria and application process to access MREIF's affordable mortgage financing.
Nigerian Citizenship
Applicants must be Nigerian citizens.
Required Documentation
Submit proof of identity, income history and relevant documents.
Income & Credit Criteria
Applicants must meet specified income and credit requirements to ensure sustainable mortgage repayment.
Required Documents
- ✓ Employment Offer Letter or Confirmation Letter
- ✓ Utility Bill not more than 3 months old
- ✓ Valid ID
- ✓ RSA Statement of Account
- ✓ Six months recent pay slips, if employed
- ✓ Birth Certificate or Declaration of Age
- ✓ Tax Card or Tax Clearance Certificate
What You Get
9.75% p.a.
Interest Rate
Up to 20 years
Loan Term
From 10%
Equity Contribution
Fast approval
Processing
MREIF Eligibility for Developers
Meet the eligibility criteria and application process for developers participating in MREIF's affordable housing initiative.
Land Bank & Net Asset Value
Minimum 5 hectares of titled land, minimum net asset value of ₦500 million.
Project Financing Ability
Ability to cover at least 30% of total project cost through equity, bank facilities or investor partnerships.
Track Record
At least 3 completed housing projects delivered within the last 5 years.
Developer Benefits
Pre-qualified homebuyers
Access to buyers with approved financing.
Offtake guarantees
Mitigates sales risk.
Platform visibility
Exposure to potential buyers.
MREIF Housing Marketplace
Search properties, view listings, inspect homes, compare options, and initiate mortgage applications.
Detached Duplex
Lekki, Lagos | ₦85m | 4 Bedrooms
Semi-Detached Duplex
Ajah, Lagos | ₦65m | 3 Bedrooms
Residential Estate
Abuja | ₦120m | 5 Bedrooms
Choose how you want to use MREIF
Home Buyer
Browse properties and access mortgage financing.
Property Developer
List properties and access developer support.
Agent
Become a verified property agent.
Property Owner
List your property and connect with buyers.
Mortgage Calculator
Estimate your monthly repayment.
This is an estimate, not an approval or binding offer.
Reports & Publications
Annual reports, investor reports, programme reports, housing publications, and public disclosures.
Frequently Asked Questions
Clear answers to common homebuyer and mortgage questions.
What is MREIF?
MREIF is the MOFI Real Estate Investment Fund, providing long-term, low-cost mortgage financing.
What interest rate does MREIF offer?
MREIF offers a mortgage interest rate of 9.75% per annum.
How much equity is required?
Equity can be as low as 10%, subject to approval.
How long can the mortgage run?
Up to 20 years, subject to conditions.
How much can I borrow?
The MREIF product allows a maximum loan amount of ₦100 million.
Get in Touch
Lagos Office
ARM - 1 Mekunwen Road, Off Oyinkan Abayomi Drive, Ikoyi, Lagos
Abuja Office
ARM - 129 Adetokunbo Ademola Crescent, Wuse II, Abuja, Nigeria
Contact
+234 (0) 201 330 1828
+234 (0) 201 330 1829
+234 (0) 201 414 5855
support@mreif.com.ng
info@mreif.com.ng
Start Your Pre-Qualification
What happens next?
- ✓ Initial affordability review
- ✓ Eligibility assessment
- ✓ Documentation request
- ✓ Property assessment
- ✓ Formal application and approval
Collaborate For A Better Future
MREIF works with government bodies, financial institutions, housing developers, civil society organizations, and other stakeholders.