A mortgage is a loan that a mortgage or commercial bank provides to individuals to enable them to purchase a home. It is an essential tool for homeownership and allows beneficiaries to spread the cost of acquiring property over a specified period.
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- October 19, 2025
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Get The Best Deal On Your Mortgage Refinance
26
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- 2024
Note to the Editor
The Nigeria Mortgage Refinance Company (NMRC) is a leading institution dedicated to improving housing finance accessibility in Nigeria. Established in 2015, NMRC provides long-term liquidity to mortgage lenders, enabling them to offer more affordable home loans.
By leveraging capital market funding, NMRC has successfully refinanced mortgage loans across multiple lending institutions, reducing borrowing costs for homeowners. In addition, NMRC advocates for key reforms such as the Model Mortgage & Foreclosure Law (MMFL), ensuring a more efficient and transparent housing finance system.
Through mortgage refinancing, NMRC remains committed to its mission of bridging Nigeria’s housing deficit and making homeownership a reality for millions of Nigerians.
For more information, visit nmrc.com.ng.
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