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  • About Us

    Who We Are

    Our objective is to bring Nigerians Affordable Housing.

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    Meet Our Board Members

    Ownership Structure

    NMRC has =N=13.19 Billion Tier 1 Capital

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    Steps to Access Mortgage
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    How Mortgage Refinance Works
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    NMRC Mortgage Digest 21st Edition: January 2023
    13 downloads 4.0 MB
     NMRC Mortgage Digest 21st Edition: January 2023
    3 downloads 4.0 MB
     NMRC Mortgage Digest 20th Edition: June 2022
    593 downloads 5.0 MB

    Coming Soon!

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Our objectives is to bring Nigerians Affordable Housing

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NMRC Credit Ratings

Augsto rating Aa-@2x
Augusto rating Aa@3x
Credit Rating

Agusto & Co

Agusto & Co has affirmed the “Aa” rating assigned to Nigeria Mortgage Refinance Company Plc (‘NMRC’ or ‘the Company’).The rating reflects the Company’s good profitability, good asset quality, strong capitalisation for current business risks, good liquidity and experienced management team. The rating also takes into cognisance the irrevocable and unconditional guarantee of the Federal Government of Nigeria (FGN) for NMRC’s bond issuances, which has supported the strong track record in the Nigerian debt capital market”. Agusto & Co also attached a “stable” outlook to the rating.

Credit Rating

GCR

GCR Ratings (“GCR”) has revised Nigeria Mortgage Refinance Company Plc’s (“NMRC”) national scale Issuer long-term and short-term ratings to AA+(NG) and A1+(NG) from A-(NG) and A2(NG) respectively, based on criteria change. Outlook accorded as Stable. The ratings of NMRC balances the uniqueness of operation as the only mortgage refinance company in Nigeria, the demonstrated track record of about 6years of delivering its mandate, strong capitalisation, minimal risk exposure, and the availability of government support.
CGR rating@2x
GCR outlook rating@2x

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Lagos Office

17 Sanusi Fafunwa, Victoria Island, Lagos.
+234 91-3-957-6829
+234 91-3-957-6830

info@nmrc.com.ng

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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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