Posted On: September 21st 2026, 05:58 pm
Is MREIF mortgage money finished? Not necessarily. 🏠
MREIF is a ₦1 trillion fund raised in tranches (the first was ₦250B). It works as a wholesaler, giving money to partner banks like Stanbic IBTC and Wema who then deal with you directly. Those funds were spread unevenly and banks have disbursed at different speeds, so YOUR bank may have run out while others haven't.
And with 2,000+ mortgages given out in about 18 months, the next tranche is expected.
Stuck with a bank that says "no money"?
Drop it in the comment section or Send us a DM and we'll support you with a partner bank that still has funds.
#mreif #mortgage #nigeriarealestate #giddaa #nigerianmortgage #abuja #Lagos