Frequently Asked Questions

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Yes, but only if you meet the requirements. Please visit any of our branches closest to you or contact us through our customer care line on +2349160000243 or email for more details.
Yes. You need to make at least 30% Equity contribution for your target mortgage property or 10% equity contribution for NHF subscribers .
No. Mortgages are for Real Estate/Residential Properties only. However LivingTrust can help support your business through our MSME retail products
For NHF loans a contributor is eligible to access a maximum loan amount of N15m repayable over a maximum period of 30 years at an affordable interest rate of 6%
No. However, your Offer Letter and the terms and conditions contained therein highlight in details, all charges associated with your mortgage.
In the event of any unforeseen circumstance affecting you or your property (for which you got the mortgage) which could include damage to the property due to fire, rain storm, wind, earthquake etc; you can make an insurance claim in this instance by providing the following documents:
Yes. This is referred to as ‘Balloon Payment’. To do this, kindly submit your request as regards this and then credit your loan current account with the amount you wish to pay (including the attendant charges). Thereafter, a new repayment plan is handed over to you advising you on your new repayment structure. Alternatively, contact your Account Officer to process this on your behalf.
Yes. LivingTrust Mortgage Bank has FMBN funded Estates and joint venture agreement with reputable developers with already built houses that you may be interested in for a mortgage.
Yes. Kindly contact us via our Customer Service helpdesk or send a mail to However, you can contact your Account Officer to process this on your behalf.
Yes. Kindly call our Customer Service Helpdesk on +2349160000243 or send a mail to
We are accredited and licensed by the Federal Mortgage Bank of Nigeria (FMBN) for the National Housing Fund (NHF) and all mortgage schemes operated by FMBN. We also provide Mortgage banking services, Mortgage Financing, Real Estate Construction Financing and General Financial Services.We are listed on the Growth Board segment of the Nigerian Exchange Group (NGX). Our expertise and promptness in responding to our customers’ needs makes us the preferred when it comes to providing innovative and affordable Mortgage products and services thereby making us Nigeria’s foremost Mortgage bank of choice.
LivingTrust Mortgage Bank Plc has been providing mortgage services since 1999.
For mortgages under the NHF, LivingTrust charges an annual interest rate of 6% for periods of up to 30 years (depending on age and income). For mortgages under the Sale of Federal Government Houses programme (SOFGH), we charge an annual interest rate of 9.5% for periods of up to 15 years (depending on your age and income). For Commercial mortgages, interest rates are dependent on prevailing market rates. However, tenors under this category typically range between 1 year to 5 years.
As discussed above, the tenure of mortgages depends on the mortgage scheme, and as determined by the Federal Mortgage Bank of Nigeria (FMBN)
Yes. You are required to have a current account with LivingTrust to accommodate the mortgage.
No. For the NHF scheme you are required to be a contributor to the scheme and have an operational account with LivingTrust. However, you are required to have an operational account on our other mortgage products.
Retirees can also participate in all our mortgages services except the NHF Loans.
Yes. The NHF loan is for contributors who have contributed to the scheme for a period of at least six months. For new subscribers that wish to benefit from the scheme, they can make the six month payment at once and continue subsequent monthly payments.
Yes. Subject to age and income of the contributor, the NHF loan can be accessed for a maximum period of 30 years.
The age limit is 60 years, which corresponds with the retirement age in the civil service.
Yes, but you must have initially developed the house to 30% completion stage.
It takes at least 3-6 months depending on the geographical location of the property and customer’s ability to satisfy all the requirements.
This is a labour law in Nigeria that no organization can deduct more than ⅓ of applicant’s monthly income on any loan. Labour Act, 1974 stated that “any other provision of this Act, the total amount of deductions that may be made from wages of a worker in any one month shall not exceed one-third of the wages of the worker in that month".

Notice !!!

The General Public should please note that the bank will never request for account details,BVN, pin, etcetera via email or text message.

Please refrain from giving out such details to anyone. If you are unsure of a request, please send a mail to and we will be happy to assist you.

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