KADUNA STATE MORTGAGE AND FORECLOSURE AUTHORITY
Kaduna State Mortgage and Foreclosure Authority is a mortgage regulatory framework established through the enactment by the Kaduna State Legislature called the Kaduna State Mortgage and Foreclosure Law No 10 dated June 15th 2017 with primary responsibility of creating a conducive environment for accessible and affordable mortgages for the benefit of the residents of the State. This is in addition to implementing the housing policy of the State, regulate mortgages, foreclosure and enforcement of real estate property in the State. We are also to be advising the Governor on the funding, administration and structure of the State Mortgage finance program or policy for the benefit of the indigenes, public servants and all residents of the State.
We are to implement and honor on behalf of the State all obligations in any agreement made between the State and other parties with regards to any mortgage scheme for the provision of funds for land ownership or development of real estate in the State. We are to harmonize any mortgage scheme or policy which the State has or may put in place from time to time in connection with the making, processing, placing, registering or administration of mortgages.
Why you need us
We are primarily responsible for the creation of a conducive environment for accessible and affordable mortgages for the benefit of Kaduna state residents at a single-digit interest rate
We are also to regulate mortgages, foreclosures, and enforcement of real property and connected purposes
Low interest mortgage loans
Over 3 billion Naira to be accessed at a single digit rate
We facilitate home ownership
Live comfortably in your own house through our flexible re-payment plans
Indigene or Non-indigene
You don't need to be born in Kaduna to access all of these privilledges
Become your own Landlord easily
Owning your own house has never been easier