FMBN disburses N23.3bn home renovation loans

The management of Federal Mortgage Bank of Nigeria, FMBN, has disclosed that the apex mortgage bank. “The disbursement of N16 billion Home Renovation Loans to 16,031 beneficiaries bringing the.

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A statement signed by Mrs. Zubaida Umar Group Head, Corporate Communications, FMBN said the amount covers the provision of National Housing Fund (NHF) Mortgage Loans to 3,171 Nigerian workers valued.

other bills into law He added that the disbursement of N16 billion Home Renovation Loans to 16,031 beneficiaries under the National Housing Fund (NHF) brought the total beneficiaries of the loan to 22.

The Federal Mortgage Bank of Nigeria (FMBN) on Wednesday disbursed the sum of N1.2 billion as Home Renovation Loan to 1, 207 personnel of the Federal road safety corps (FRSC) across the country.

The Federal Mortgage Bank of Nigeria (FMBN) on Wednesday disbursed the sum of N1.2 billion as Home Renovation Loan to 1, 207 personnel of the Federal Road safety corps (frsc), across the country.

According to him, the Home Renovation Loan is one of the several products of the bank, aimed at ensuring contributors to the NHF benefit from the scheme. He stated that the FMBN Home Renovation Loan was created for the purpose of renovating an existing structure, at six per cent for tenure of five years maximum.

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The Federal Mortgage Bank of Nigeria (FMBN) has said it disbursed mortgage loans totalling. mortgage loans to 3,171 Nigerian workers valued at N22.3 billion; home renovation loans of N16.9 billion.

The total amount disbursed as home renovation loans by the bank was put at N17.5bn for 22,975 beneficiaries. The bank further stated that the total amount which it had refunded to about 229,820 retirees who had exited its housing delivery scheme since the inception of the FMBN was N23.3bn.

FMBN disburses N14.7bn housing renovation loan to beneficiaries. by viewpoint. October 9, 2018. in Featured, who benefited from the home renovation loan scheme.. to ensure the immediate return of the state’s civil servants to the NHF scheme to enable them benefit from the FMBN loan.

FMBN Disburses N15.7 Billion Home Renovation Loans. The Federal Mortgage Bank of Nigeria (FMBN) has disbursed N15.7 billion to 19,169 beneficiaries in Nigeria under its Home Renovation Loan programme.

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