Top 5 Mortgage Institutions in Nigeria (2020)

In one of our previous articles, we wrote about how to own your own house easily with the use of mortgage. I have now gone further to research some of the Best Mortgage Institutions in Nigeria.

This article is therefore a compilation of Top 5 Mortgage Institutions in Nigeria.

Firstly, what is a Mortgage Institution?

A mortgage institution is a bank that offers loans to people so that they can purchase real estate. What happens is that people might not be able to afford to buy houses with their monthly salaries. It may take a long time to save up to buy or build a house. Mortgage banks step in by loaning out this real estate investment capital and collects the payments back in installments. Sometimes these loans are collected with interest or not depending on the type of mortgage bank it is.

So, below is a list of top mortgage institutions in Nigeria with guides on how to secure their mortgage packages in their respective links.


FBN Mortgages


FBN Mortgages Limited is a leading Primary Mortgage Bank (PMB) with focus on delivering the best mortgage banking services and products that typify the dominance of its parent– First Bank in the financial services industry.

As a dedicated provider of a wide range of mortgage and real estate financing solution, FBN Mortgages is in a unique position to help customers make those critical steps towards seamless homeownership and real estate development. Click here for more.

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Platinum Mortgage Bank Ltd


Platinum Mortgage Bank Ltd is one of Nigeria’s leading Primary Mortgage Institutions. It was incorporated in 1992 with the Corporate Affairs Commission to provide savings, loans and homes ownership services, and licensed by the Central Bank of Nigeria and the Federal Mortgage Bank of Nigeria under the CBN Decree 24 of 1991 and FMBN Decree No. 53 of 1989 respectively to provide Mortgage Banking Services in Nigeria.

Formally called Platinum Home Investment and Mortgage Limited with Headquarters in Lagos, PMB Limited was recapitalized into a formidable Primary Mortgage Institution backed by innovative products, services, latest information technology and requisite professional management. Click here for more.

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 Abbey Mortgage Bank Plcabbey

Abbey Mortgage Bank Plc is the premier, largest and most profitable, non-aligned Primary Mortgage Bank in Nigeria. It is one of the seven national Primary Mortgage Banks (PMB) licensed by the Central Bank of Nigeria and Federal Mortgage Bank of Nigeria (FMBN).

It is also an accredited primary mortgage bank (PMB) for the National Housing Funding (NHF) on-lending facilities.
We offer various mortgage and investment products, guidance and advisory services to corporate organizations and individuals to empower them to access housing finance. We also finance and facilitate the provision of mortgage and real estate related services to respond to their needs. Click here for more.

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Trustbond Mortgage Bank


Trustbond Mortgage Bank Plc emerged in the wake of recapitalization of banks in 2005 on the acquisition of Gateway Bank by Intercontinental Bank Plc. Intercontinental Homes became a subsidiary of Access Bank after it acquisition in 2011.

Trustbond Mortgage Bank operates in all states of the country with a present paid up capital of over N5billion. The organization continually challenge itself with a customer centric standard of quality 

 Federal Mortgage Bank of Nigeria (FMBN)

federal morgage

The Federal Mortgage Bank of Nigeria (FMBN) was established in 1956, known then as the Nigerian Building Society (NBS), a joint venture of the Commonwealth Development Corporation and the Federal and Eastern Governments of Nigeria.

The Bank operates as an effective vehicle for increasing the mobilization of long-term funds, lending volume and expansion of mortgage lending services to all segments of the Nigerian population. Click here for more.

I hope you found this information useful. Feel free to share and comment.

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