Banking | Mortgage | Real Estate

Refuge Household Enhancement Facility (RHEF)

Enhance Your Refuge, Enhance Your Life

Access up to N10m for motor vehicles or up to N2M for home appliances at competitive rates with the Refuge Household Enhancement Facility (RHEF).

Our bank is safe
and secure

Trusted by over
500,000 users

Turn Your Housing Estate Into an Exquisite Structure

We offer a strategic partnership helping you to fund well-timed projects that enhance your neighborhood’s aesthetics, infrastructure and market value.

This product focuses only on financing expenditures that aim to improve the external ambience of the existing estate through the following:

Asset Acquisition

Improvement of Facilities

Redevelopment of the
Estate

Upgrading of Infrastructure
within the Estate

Product Requirement

Refuge Household Enhancement Facility (RHEF) is a consumer loan product targeted at employees of structured organizations in the private sector and NGOs of the economy whose salary accounts are domiciled with Refuge Mortgage Bank.

You qualify for this if you are self-employed with verifiable and consistent cash flow. The objective is to further support our mortgage loan customers with finance to prepare the house for habitation.

Product Basic Features

The following are the basic features of Household Enhancement Facility (RHEF):

Up to N10M for motor vehicles
Up to N2M for home appliances
Up to 3 years for motor vehicles
Up to 12 months for home appliances
Attractive and competitive interest rate
Equity contribution 10%-20%

Pre-Approval Requirements

The following are the Pre-Approval requirement of Household Enhancement Facility (RHEF):

Ready to Get Started?

Need Help?

or call

Refuge Mortgage Bank

Achieve More With Us

Funds For Your Specific Needs

We have you in mind and the funds available can be tailored to your specific needs. You can get up to N10 million to finance necessary house upgrades, such as cars for easy commuting or appliances like washers and refrigerators.

Flexible Repayment At Your Convenience

Benefit from flexible repayment periods, allowing you to manage your loan conveniently and not be burdened with debt. You can repay auto loans for up to three years and appliance loans for twelve months.

Easy Equity Contribution

Leverage your existing assets through a flexible equity contribution option of only 10% to 20% to improve your improve your loan application's strength and unlock affordable financing.

More Beneficial Products

Rent to Own Advance Product

Rent to Own Advance is a consumer loan product targeted at employees of structured organizations in the private sector and NGOs of the economy whose salary accounts are domiciled with Refuge Mortgage Bank to access funds to their dream house and pay over a period.

Equity Release Facility

Our Equity Release Product offers individuals access to funds for their planned business expansion, working capital, and capital projects, using their property as collateral.

School Building / Rent Finance

Refuge School Building and Rent Finance empowers schools to expand, acquire property, and meet rental needs. We work with school owners to expand, buy up the buildings or pay rent. These loans can be paid back within a year for ‘rent’ and up to two years for ‘purchase’ at attractive interest rates.

Get in Touch With Us

Choose Refuge Mortgage Bank. Choose advancement.

Latest News

Dr Femi Otenigbagbe visits Croydon’s Civic Mayor to champion diaspora dreams - Refuge Mortgage Bank creates Mortgage for people in the diaspora - THE BRIDGE INITIATIVE PROJECT - HOW PENSION ACCOUNT HOLDERS CAN APPLY FOR MORTGAGE USING 25% OF THEIR RETIREMENT SAVINGS ACCOUNT (RSA) BALANCE - CBN Withdraws Cybersecurity Levy Circular