Frequently Asked Questions

  • How long has Family Homes Funds been in operations for and what is the purpose?
    • FHFL was Registered in 2017 and commenced operations in 2018. It was set up to ensure low-income Nigerians have access to homes through the easiest and most affordable means possible.
  • How many estates do we have? What locations?
    • We currently have 5(five) estates around Nigeria. In Delta, Kaduna, Kano, Nasarawa and Ogun. www.fhfl.com.ng
  • What is the first step of owning a home?
    • Please fill out an expression of interest form on our website www.fhfl.com.ng
  • What infrastructure do we have in the estate?
    • We have roads, light, security, water, playgrounds, and green areas.
  • Who manages the facilities in the estate?
    • A designated estate manager.
  • What is the property delivery period?
    • The estates are fully built and ready to be moved into.
  • What title document does the property have and when do I receive it?
    • C of O but a Deed of Assignment will be given, on completion of payment.
  • How long does it take to buy a home?
    • This depends on the agreement between the customer and the mortgage bank.
  • What is the minimum amount I can pay to own a home/ secure a home?
    • 10% equity for the rent till mortgage option if the house is more than 5 million
    • 25% for the instalment payment option.
  • How long can I take to complete the process of completing the purchase?
    • For rent till mortgage, this will be determined by the mortgage bank.
    • For instalment payment, this is 36 months.
  • What if my offer is rejected?
    • We will keep in touch to inform you of any of our new projects and advise on any other options that are best for you.
  • Can I view the house?
    • Yes, you will have to fill out an expression of interest form on our website www.fhfl.com.ng
  • What makes you eligible to buy a house?
    • Your disposable income.
  • Is there a payment option for self-employed individuals?
    • Yes, the best option for this is instalment payments.
  • Do I have to live in Nigeria to buy a housing unit?
    • No but you must be a citizen of Nigeria.