Kingsley U.N Chikwendu
Residents of Ogun State and contributors to the National Housing Fund (Scheme) could be a proud owner of one of the 42 units of houses at the FMBN estate that is located at Aeese Mabba Community, Km 35/40 Lagos-Ibadan Expressway, Abeokuta on a rent-to-own basis. The estate comprises 1-, 2- and 3-bedroom units priced at N3.9M, N7.2M and N8.5M, respectively.
The FMBN Rent-to- own allows an eligible contributor to the NHF scheme to move into an FMBN-owned housing property as a tenant and conveniently pay towards ownership of the property. Payments could be made in monthly or annual instalments over periods as long as 30 years at an interest rate of 7 percent.
Interested persons can visit the FMBN state office in Ita-Eko, Abeokuta, Ogun state while non-residents of the state can use this link https://www.fmbn.gov.ng/Contact/contact-us.html to access information on FMBN estates that are hinged on a rent-to-own basis.