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  • About Us

    Who We Are

    Our objective is to bring Nigerians Affordable Housing.

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    Ownership Structure

    NMRC has =N=13.19 Billion Tier 1 Capital

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    save to own
    06/10/2020

    NMRC Participates at Octo5 Estates’ launch of Homeownership Demand Aggregator App

    Organisers: Octo5 Holdings Limited
    Location: Oriental Hotel, Lagos

    View Details
    28/09/2020

    Africa Property Investment Summit Virtual

    Organisers: API Summit
    Location: Virtual

    View Details
    VIEW ALL
    14 Edition NMRC Newsletter October-December 2020
    14 downloads 11.9 mb
     NMRC Newsletter 13th Edition July-September 2020
    10 downloads 31 MB
     NMRC Newsletter 12th Edition April-June 2020
    5 downloads 20 MB

    Coming Soon!

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Our objectives is to bring Nigerians Affordable Housing

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Latest on Housing
Kenya: Uhuru Directs Badi To Provide Free Water For Slum Dwellers | Kenya: Residents Of Informal Settlements Get Their Land Title Deeds | Ghana: Ghana’s 1st digital census slated for April-May | Ghana:Ghana’s housing crisis beyond the rhetoric; How differently? | Ghana:Ghana needs more affordable houses – Govt told | Ghana’s unstable building problem is about more than lax regulation | Africa: Africa’s housing revolution needs more than bricks and mortar | Tanzania: Real estate players in Tanzania express optimism in 2021 | Namibia: City to Pre-Allocate 5,000 Plot | South Africa: Human Settlements Gears Up for Sector’s Economic Recovery

STANDARDIZATION

Standardizing Mortgage Origination
& Administration Process

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TECHNOLOGY

Leveraging technology to
integrate the
Housing Market

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MARKET DEVELOPMENT & ADVOCACY

Advocacy for a Model
Mortgage &
Foreclosure Law (MMFL)

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MORTGAGE REFINANCE & SECURITIES ISSUANCE

Growing Mortgage Bond Issuance & Refinancing Read more>>

What We do

Our Business

Breaking the barriers to home ownership by providing liquidity, affordability, accessibility and stability to the housing market in Nigeria.

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Success Stories

Some ground breaking milestones achieved by NMRC since incorporation include the following:

DEVELOPED NMRC
UNIFORM WRITING STANDARDS


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NMRC Annual Report & Account 2019
96 downloads3 MB

NMRC Annual Report 2018
13 downloads2 MB

 NMRC Annual Report 2017
17 downloads3 MB

Our Annual Reports

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NMRC Explains

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Annual Percentage Rate (APR)
Annual percentage rate, or APR, is a way of measuring the full cost a lender charges per year for funds. read more

Interest Rate

An interest rate is defined as the proportion of an amount loaned which a lender charges as interest to the borrower, read more

Interest

Interest is both the cost of borrowing funds and the profit that accrues to those who deposit funds in a savings account. read more

Principal

The principal is the amount due on any debt before interest, or the amount invested before returns. All loans start as principal, read more

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Contact Details

Lagos Office

17 Sanusi Fafunwa, Victoria Island, Lagos.
+234 803 048 6270

Abuja Office

18 Mississippi Street, Maitama. Abuja
+234 09 460 3430

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BLOCKCHAIN-POWERED SYSTEM FOR RELIABLE LAND TITLING

NMRC has also tapped blockchain technology’s capacity for tamper-proof record keeping, to build a robust national asset registry system for driving real estate transactions.
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