MORTGAGE PRODUCT

NATIONAL PENSION COMMISSION (PENCOM)

Empowering Nigerians Through Pension-Backed Homeownership

ABOUT

NATIONAL PENSION COMMISSION (PENCOM)

25% RSA Withdrawal for Mortgage Equity PENCOM enables pension contributors to access 25% of their Retirement Savings Account (RSA) balance to fund the equity contribution for a mortgage. A bold step to help working Nigerians become homeowners.

SERVICES

What PENCOOM Does

Making Homeownership Possible

This initiative tackles a major challenge—the upfront down payment—giving contributors a chance to use their pension savings for long-term housing goals.

Boosting Savings & Financial Planning

By linking pension funds to homeownership, more Nigerians are encouraged to save consistently, plan ahead, and actively engage with the pension system.

Stimulating the Housing Market

Easier access to mortgage equity leads to increased demand for housing, boosting construction, creating jobs, and encouraging affordable housing development.

Supporting Affordable Housing Initiatives

PENCOM’s policy complements the National Housing Fund (NHF) and similar programs, helping the government and private sector serve low-to-middle income earners.

IMPACTS

Impact at a Glance

Increased homeownership among RSA holders

Higher participation in pension savings

New mortgage products from lenders

Enhanced financial confidence and security

Contact

📍

174 Adetokunbo Ademola Crescent, Wuse 2, Abuja, Nigeria

📞

0700-CALLPENCOM (0700-225 -573-6266) +234 9460 3930

📧

info@pencom.gov.ng