Find Home
Choose a house available on the Giddaa platform under the MREIF plan that meets your needs.
Performed by You with support from Giddaa
Houses Available on M-REIF
MOFI Real Estate Investment Fund (M-REIF)
MREIF is a housing scheme by the Ministry of Finance Incorporated, designed to support homeownership. It offers up to ₦200 million, repayable over 20 years, through a public-private partnership. It’s part of Nigeria’s One Million Homes initiative.
Attributes
Important details about the diaspora plan.
12%
Interest Rate
HOME PRICE
Monthly Payment
20%
Down Payment
20 years
Payment Period
₦200 million
Maximum Loan Amount
20% of Earnings
Property Management
4 - 12 Months
Application Processing Time
Legal, & Insurance.
Closing Costs
Yes
Joint applications and co-owners allowed?
How It Works
How the M-REIF works on Giddaa.
Submit Documents
Submit your documents to Giddaa for prequalification to confirm your eligibility for the MREIF loan.
Performed by You
Loan Processing
If you pass prequalification, Giddaa forwards your application to a financial institution, which processes the loan and secures approval from the Ministry of Finance Incorporated (MOFI) before disbursing funds to the developer.
Performed by Giddaa
Get Keys, Repay
You receive your keys, move in, and start repaying monthly through the Giddaa platform with full tracking, reminders, and a wallet for easy payments.
Performed by You
Application Documents
The documents you need to submit when applying.
Who Can Apply.
Important details about the diaspora plan.
individuals
These are people applying by themselves, without a co-applicant.
The following Individuals can apply through this payment option
- Government Workers (In Diaspora)
- Government Workers (In Nigeria)
- Private Workers (In Diaspora)
- Private Workers (In Nigeria)
- Self Employed (In Diaspora)
- Self Employed (In Nigeria)
Available Houses
The houses available for purchase under this plan type.
Things You Should Know
Have questions? Hopefully, this provide answers to your questions.