BellaNaija
The Ministry of Finance Incorporated (MOFI) Real Estate Investment Fund (MREIF) has announced a significant revision of its mortgage terms, making homeownership more accessible for millions of Nigerians. In a landmark decision, MREIF has reduced the minimum down payment required from 20% to just 10%. This…
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MREIF Lowers Barriers to Home Ownership with 10% Down Payment and Reduced Interest Rates
The Ministry of Finance Incorporated (MOFI) Real Estate Investment Fund (MREIF) has announced a significant revision of its mortgage terms, making homeownership more accessible for millions of Nigerians. In a landmark decision, MREIF has reduced the minimum down payment required from 20% to just 10%. This…