To be a first choice Primary Mortgage Bank in Nigeria.
To be an innovative and efficient Primary Mortgage Bank providing quality mortgage banking services to discerning clientele with a view to satisfying housing needs and enhancing stakeholder value.
To be an innovative and efficient Primary Mortgage Bank providing quality mortgage banking services to discerning clientele with a view to satisfying housing needs and enhancing stakeholder value.
To be an innovative and efficient Primary Mortgage Bank providing quality mortgage banking services to discerning clientele with a view to satisfying housing needs and enhancing stakeholder value.
To be an innovative and efficient Primary Mortgage Bank providing quality mortgage banking services to discerning clientele with a view to satisfying housing needs and enhancing stakeholder value.
To be an innovative and efficient Primary Mortgage Bank providing quality mortgage banking services to discerning clientele with a view to satisfying housing needs and enhancing stakeholder value.
This is a trust fund that allows Nigerians with a stable source of income to access a mortgage loan from the Federal Mortgage Bank of Nigeria through a PMI (Primary Mortgage Bank) like MGSL Mortgage Bank.
Yes. The NHF Act No. 2 of 1992 stipulates that a Nigerian earning the minimum national wage and above per annum in either the public or private sectors of the economy shall contribute 2.5% of his monthly salary to the fund.
A participant in the scheme contributes only 2.5% of his/her monthly basic salary to the fund.
The employer is required to deduct 2.5% from the monthly basic salaries of workers and remit it to the Federal Mortgage Bank of Nigeria (FMBN) within one month of deduction. Self-employed individuals are to pay their contribution directly to PMI. All the payment are duly receipted.