Skip to content
Get In Touch
Facebook-f Twitter Linkedin Instagram Youtube
  • About Us

    Who We Are

    Our objective is to bring Nigerians Affordable Housing.

    Board Members and Management Team

    Meet Our Board Members and Our Management Team

    Ownership Structure

    NMRC has =N=25.68 Billion Tier 1 Capital

  • Our business
    Steps to Access Mortgage
    Read More
    How Mortgage Refinance Works
    Read More
    Previous slide
    Next slide
    Our Business
    • Technology
      • Housing Market Information Portal
      • Blockchain-Powered Titling System
    • Standardization
    • Mortgage Bond Issuances and Refinancing
    • Market Development & Advocacy
    Menu
    • Technology
      • Housing Market Information Portal
      • Blockchain-Powered Titling System
    • Standardization
    • Mortgage Bond Issuances and Refinancing
    • Market Development & Advocacy
  • Media
    • News
    • Events
    • Newsletters
    • Presentations + Speeches
    • NMRC Explains
    VIEW ALL

    NMRC Secures $200 million in funding from the U.S. International Development Finance Corporation for Affordable Mortgage Financing as part of a $228 million Blended Financing Transaction Arranged by MiDA Advisors and Stanbic IBTC Capital, a member of Standard Bank Group.

    Read More »
    September 26, 2024

    Press release AGM 2024

    Read More »
    June 6, 2024

    Annual General Meeting (AGM) 2024 Documents

    Read More »
    May 15, 2024
    VIEW ALL
    Loading…
    VIEW ALL
    NMRC Mortgage Digest 21st Edition: January 2023

    23 downloads 4.0 MB
    Download
    ×
    NMRC Mortgage Digest 21st Edition: January 2023
    ×
    NMRC Mortgage Digest 21st Edition: January 2023
    NMRC Mortgage Digest 21st Edition: January 2023

    3 downloads 4.0 MB
    Download
    ×
    NMRC Mortgage Digest 21st Edition: January 2023
    ×
    NMRC Mortgage Digest 21st Edition: January 2023
    NMRC Mortgage Digest 20th Edition: June 2022

    593 downloads 5.0 MB
    Download
    ×
    NMRC Mortgage Digest 20th Edition: June 2022
    ×
    NMRC Mortgage Digest 20th Edition: June 2022

    Coming Soon!

    VIEW ALL
    A mortgage is a loan that a mortgage or commercial bank provides…
    • July 4, 2023 9:54 am·

    NMRC Explains: What is in Your Monthly Mortgage Payment?

    If you are considering owning a home, taking a mortgage loan is…
    • June 6, 2023 9:11 am·

    Taking a Mortgage Enhances Cashflow for Other Investments

    Homeownership is a dream for many people. It is a sign of…
    • May 8, 2023 2:13 pm·

    How to Determine How Much House You Can Afford

  • Investor Relations
    • Corporate Financials
      • Annual Reports
      • Quarterly Reports
    • Corporate Governance
    • NMRC Credit Ratings
  • Resources
    • Policies
    • Press Releases
    • FAQ
  • HOUSING MARKET INSIGHTS
    • Path To Homeownership
    • Housing Market Information Portal
    • Housing Market Insights
  • Careers
  • Contact

Our objectives is to bring Nigerians Affordable Housing

Quick Links

  • Blog
  • FAQ
  • Investor Relations
  • Member Banks
  • Policies
  • Resources

NMRC Apps – Get our latest thinking on your iPhone, iPad, or Android device.

  • Press-Release

NMRC and KDSG Sign Agreement for N3Bn Affordable Mortgage Scheme

As part of the drive to create an enabling environment for Affordable Housing Development and Mortgage Creation, Nigeria Mortgage Refinance Company Plc (“NMRC”) executed an agreement with the Kaduna State Government (KDSG) and FHA Mortgage Bank to create a first of its kind Mortgage Blended Initiative aimed at mortgage creation and refinancing at single-digit with initial an initial Mortgage Interest Blended Rate Investment of N3 Billion.

The State Governor, his Excellency Mallam Nasir El-Rufai, after signing the agreement appreciated the participating institutions for agreeing to work with KDSG in establishing the blended rate programme and stated that the State had gone further to enact the  Landlord and Tenant law that encourages, empowers and protects property owners and investors, in addition to the creation of a Mortgage and Foreclosure Authority as well as the passing into law of the Mortgage and Foreclosure Law (MMFL) in Kaduna State.

According to the Senior Special Adviser and Counsellor to the State Governor Mr. Jimi Lawal, the creation of the initiative is premised on Kaduna State’s successful strides in driving institutional and policy reforms to enable investment in housing finance.

The Managing Director of NMRC, Mr. Kehinde Ogundimu commended the Governor and noted in his remarks that Kaduna State is at the forefront of housing finance transformation and a model State in terms of ease of doing business and mortgage friendliness.

The creation of the blended financing initiative represents NMRC’s value preposition under the World Bank’s sponsored housing finance strategy aimed at removing barriers to housing finance and promoting the creation of an enabling environment for housing development and mortgage creation across States in Nigeria through the adoption and passage of NMRC’s proposed MMFL.

 

Leave a Comment Cancel Reply

Your email address will not be published. Required fields are marked *

Subscribe

Recent Posts

NMRC Secures $200 million in funding from the U.S. International Development Finance Corporation for Affordable Mortgage Financing as part of a $228 million Blended Financing Transaction Arranged by MiDA Advisors and Stanbic IBTC Capital, a member of Standard Bank Group.
Press release AGM 2024
Annual General Meeting (AGM) 2024 Documents
HOUSING MARKET INSIGHTS

How refinance works

Follow Us

Please fill the required fields: Consumer Key, Consumer Secret and Username
PrevPreviousEnugu State Government Commits to Passage of Model Mortgage Foreclosure Law (MMFL)
NextNMRC Flags off 2019 CSR Initiative in Partnership with ITF & NAPTIPNext

Explore more industry news

Kehinde Ogundimu Reiterates on Innovation and Improved Collaboration across Africa as Stakeholders Converge for AUHF Conference in Windhoek

NMRC to Deepen Collaboration with Other Housing Agencies on Data, Improved Housing Financing

Mortgage Provides Leverage and Long-Term Value Appreciation

Easy steps on how to access mortgage

Learn More

Subscribe & Get

latest industry news and updates

Contact Details

Facebook-f Twitter Linkedin Instagram Youtube

Lagos Office

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

info@nmrc.com.ng

Quick Links

  • Blog
  • Events
  • Resources
  • Media Center
  • Careers

Resources

  • FAQ
  • Privacy Policy
  • News & Updates
  • Investor Relations
  • Whistle blowing
Facebook-f Twitter Linkedin Instagram Youtube

© 2019 All Rights Reserved. Nigeria Mortgage Refinance Company. | Web Design

  • Privacy Policy
  • Terms & Conditions
  • About Us
    • Who We Are
    • Board of Directors
    • Ownership Structure
  • Our Business
    • Standardization
    • Technology
    • Advocacy
  • Media
    • News
    • Events
    • newsletters
    • Presentations + Speeches
    • NMRC Explains
  • Investor Relations
    • Corporate Financials
      • Annual Report
    • Corporate Governance
    • NMRC Credit Ratings
  • Resources
    • Policy
    • Press Release
    • FAQ
  • Housing Markets Insight
    • Mortgage and Housing Trends
    • Path To Homeownership
    • Housing Market Information Portal
  • Contact us
Facebook-f Twitter Linkedin

NMRC Apps - Get our latest thinking on your iPhone, iPad, or Android device.

Get In Touch

We Look Forward To Receiving Your Enquiry, And Will Endeavour To Respond As Soon As Possible.

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.
Stay Updated

Fill the form with correct details.

WHISTLE BLOWER

Kindly enter the details below and we will be in touch.

This website is using cookies

We use cookies to ensure that we give you the best experience on our website. If you continue using the website, we’ll assume that you are happy to receive all cookies on the NMRC website.

OK
  • Privacy Policy
  • Cookie Policy