LastRent By Afrikcity
M-REIF

Own
Your
Dream Home.

Access up to ₦100 Million through the flagship MOFI Real Estate Investment Fund framework. Backed permanently at a 9.75% fixed interest rate over 20 years.

See Allocated HousesRead Allocation GuidelinesInstitutional criteria review
52 DoneTotal Handovers
38 LiveUnderwriting Files
394 UnitsFund Housing Pools
Modern sovereign housing structures
MOFI HOUSING ALLOCATION CONDUIT — SECURED ON LASTRENT.
SPEC-TABLE //

Underwriting Parameters & Asset Framework

ID_001
9.75%
Interest Rate
Fixed facility pricing
ID_002
₦30M
Avg Home Pricing
₦256,099.55 / Mo
ID_003
10%
Down Payment
Minimum entry equity
ID_004
20 Years
Payment Period
Long-term amortization
ID_005
₦100M
Maximum Facility
Per baseline application
ID_006
20%
Asset Management
Pre-allocated inventory
ID_007
4-12 Mos
Processing Span
Sovereign clearance window
ID_008
Supported
Joint Framework
Co-owners & family tracks
Sovereign structural estate infrastructure visualization planning layout
STRATEGIC MANDATE

Remediating National Housing Deficits Programmatically

The fund parameters prioritize long-term social asset accumulation stability across core zones. By offering low-cost mortgage mechanisms matching continuous platform profiles, M-REIF stimulates long-term household independence metrics directly associated with the 1 Million Homes Strategy plan.

A

Sovereign Stabilization

Direct low-cost long amortization mortgage deployments mitigating systemic macro infrastructure asset shortfalls.

B

Intergenerational Inclusion Equity

Transforming predictable, cyclical housing expenditures directly into liquid residential deeds for working families.

OPERATIONAL FLOW //

The Allocation Process Interface

Programmatic steps engineered to map applicant identification criteria parameters cleanly to assigned fund liquidity slots.

01You + LastRent

Asset Selection

Pinpoint verified residential properties allocated under the state M-REIF schedule directly on LastRent.

02Applicant Task

Document Submissions

Forward statutory clearance materials through your secure verification dashboard for matching verification.

03LastRent Backend

MOFI Underwriting

Application profiles clear via processing rails, verified by MOFI, with funds assigned directly to developer units.

04Owner Track

Deed Exchange & Repay

Secure physical keys, check into your newly acquired home, and begin program installments inside the app.

CLEARANCE PARAMETERS

Statutory Documentation

Bank Statements

Last 6 months with verified bank stamp

Employment Letter

Current workspace or continuous verification

ID Credentials

Valid statutory government-issued identification

Property Documents

Deeds & architectural files of interest

ELIGIBILITY MATRIX

Income Classification Pipeline Access

Classification TrackJurisdictional Status
Government Workers
In NigeriaIn Diaspora
Private Workers
In NigeriaIn Diaspora
Self Employed
In NigeriaIn Diaspora

Dual-income evaluation structure: Cumulative partner verification protocols apply cleanly.

Architectural detailing perspective maps
Sovereign Asset Procurement Track

Initiate Home Allocation File

Verify your structural credit allocation pool index today. Secure fixed programmatic rates and transition out of lifelong rental sheets safely.

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