How to Apply for Access Bank Home Loan
Access Bank Home Loan: How to Apply, Requirements, and What to Expect
Access Bank Home Loan: Your Step-by-Step Guide to Applying
Buying a home in Nigeria is a long-term commitment, and Access Bank makes it possible through two mortgage products: the Easy Home Mortgage and the MREIF Mortgage Scheme. Whether you are a salaried employee, a self-employed professional, or even a diaspora Nigerian, the bank has an option for you. Here is exactly how to apply.
Who Can Apply?
- Nigerian nationals and diaspora residents
- Salaried employees with a verifiable income
- Self-employed individuals and business owners
- Age between 21 and 60 years at loan maturity
- Must have an active BVN-linked account with Access Bank (or open one)
What Documents Do You Need?
| Document | Who Needs It |
|---|---|
| Completed mortgage application form | All applicants |
| Employment letter or business registration | Employed / Self-employed |
| 6–12 months bank statements | All applicants |
| Property title documents (C of O) | All applicants |
| Valuation report from an approved Access Bank valuer | All applicants |
| Property seller’s letter of offer | All applicants |
| Valid government ID linked to BVN | All applicants |
How to Apply: Step by Step
- Gather your documents — Use the list above to prepare everything in advance. Incomplete documents are the most common cause of delays.
- Visit any Access Bank branch — Speak with a mortgage adviser or customer service officer. You can also start the process online through AccessMore (Access Bank’s mobile app).
- Submit your application — The bank will assess your income, credit history, debt-to-income ratio, and the property value before making a decision.
- Property valuation and legal check — Access Bank will commission a valuation report and a title search on the property. This can take 2–4 weeks.
- Loan approval and offer letter — If approved, you receive a formal offer letter detailing your loan amount, interest rate, tenure, and monthly repayment.
- Disbursement — Funds are released directly to the seller or developer. You begin repayments the following month.
“The MREIF scheme at 9.75% per annum is one of the few single-digit mortgage rates available through a Nigerian commercial bank. If you qualify, it is worth prioritising.”
Key Numbers at a Glance
| Product | Rate | Max Amount | Max Tenure | Min Equity |
|---|---|---|---|---|
| Easy Home Mortgage | ~21% p.a. | ₦500 million | 30 years | 20% |
| MREIF Mortgage | 9.75% p.a. | ₦100 million | 20 years | 10% |
How to Contact Access Bank
- 📞 Contact Centre: 0700-300-0000 or 01-2712005-7
- 🌐 Website: accessbankplc.com
- 📱 Mobile App: AccessMore (available on iOS and Android)
- 🏦 Walk into any Access Bank branch nationwide
- 📧 Email: [email protected]
Frequently Asked Questions
Can I apply for an Access Bank Home Loan if I am self-employed?
Yes. The Easy Home Mortgage accepts self-employed applicants. You will need to provide 12 months of bank statements, your business registration documents, and evidence of consistent income. The bank will assess your cash flow rather than a payslip.
How long does the Access Bank mortgage approval process take?
The process typically takes 4 to 8 weeks from initial application to disbursement, depending on the speed of the property valuation, title search, and document verification. Having all documents ready from day one significantly reduces the timeline.
Is the MREIF mortgage available to Nigerians living abroad?
Yes. The MREIF scheme explicitly includes diaspora Nigerians seeking to purchase property in Nigeria. You will need to provide proof of income from your country of residence, a valid Nigerian ID or diaspora certificate, and valid title documents for the property you intend to buy.
Read More
Access Bank’s home loan portfolio offers real options for Nigerians at different income levels. If you qualify for the MREIF scheme, the 9.75% rate is genuinely competitive and worth pursuing. If you need a larger loan for a premium property, the Easy Home Mortgage covers up to ₦500M, though you should model your repayments carefully at ~21% per annum before committing. Want to compare other mortgage options available in Nigeria? Check our guide on home loans in Nigeria 2026 to see the full picture before you apply.
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