Own
Your
Dream Home.
Get up to ₦100 Million through the MOFI Real Estate Investment Fund (M-REIF). Enjoy a 9.75% fixed interest rate for 20 years.
Loan Details & Requirements
Solving Nigeria's Housing Shortage
M-REIF focuses on helping families build long-term wealth through housing. By offering low-cost mortgages, M-REIF helps more families own their own homes, supporting the government's 1 Million Homes Strategy plan.
Government-Backed Support
Low-cost, long-term mortgages that help close Nigeria's housing gap.
Building Wealth for Families
Turning your monthly rent payments into a home you actually own.
How to Apply
Simple steps to match you with the right home and funding.
Pick a Home
Choose a verified home listed under M-REIF, right here on LastRent.
Submit Your Documents
Upload your documents through your secure dashboard for review.
LastRent Reviews Your Application
LastRent reviews your application and match you to an Eligible Financial Institution.
Get Funded
Once your application is approved by the EFI’s, MOFI disburse the money to them who in turn disburse to the developer.
Documents You Need
Bank Statements
Last 6 months, stamped by your bank
Employment Letter
Proof of your current job
Valid ID
A valid government-issued ID
Property Documents
Deed and building plans for the home
Types of Applicants
| Applicant Type | Location |
|---|---|
| Government Workers | In NigeriaIn Diaspora |
| Private Workers | In NigeriaIn Diaspora |
| Self Employed | In NigeriaIn Diaspora |
Couples can combine their income when applying together.
Start Your Home Application
Check if you qualify today. Lock in a fixed rate and stop paying rent for good.