Purchase Options for the 3 Bed Bungalow in Karsana, Abuja. | Giddaa
Please note: although this property is listed, the seller’s authority to transfer title is unconfirmed. Verification occurs when buyers indicate purchase interest, ensuring protection of their interests.
NHF Plan
National Housing Fund (NHF) – A government-backed mortgage plan managed by the Federal Mortgage Bank of Nigeria. It offers the lowest interest rate in the country at 6%, with a repayment period of up to 30 years and a maximum loan amount of ₦50 million.
Payment Plans – These are interest-free, flexible short- to mid-term payment options offered by real estate developers. They allow buyers to spread payments over time instead of paying the full amount upfront.
Rent-to-Own – Also provided by the Federal Mortgage Bank of Nigeria, this plan allows buyers to move into their homes while making payments over time. It has a 7% interest rate, a maximum tenure of 30 years, and a loan ceiling of ₦50 million, typically for properties funded by the bank.