The current maximum amount available to each individual borrower or joint borrowers will be 80% of the value of the property you or you and your partner are looking to buy subject to a maximum of N16m where the cap on the scheme remains at N20m.
For example, if you are proposing to buy a house of N100 million, the mortgage lenders would be willing to lend up to N80 million that is if you qualify. You will however, be required to deposit the sum of N20 million as your equity contribution.