….a growing community of people looking to own their own homes comfortably…

Our Cooperative Society

Property Corporation Cooperative Society Limited (FCTA/COOP 0503) is registered with the Federal Capital Territory Administration (FCTA) as a housing cooperative society with the FCT Cooperative Registry the Federal Inland Revenue Service (FIRS) and the Federal Mortgage Bank of Nigeria (FMBN).

We are building communities and opportunities that will provide young people and families a viable platform for home ownership and real estate investments.

We want to build multi-cultural communities and multi-asset portfolios that provide decent housing for its members across Africa's major cities leveraging on cooperative financing, member savings, partnerships and our core competencies.

18 and above with the ability to contract

Be a Nigerian or have a resident permit allowing ownership of investments in Nigeria

Have a common home ownership need or interested in real estate investments

Be in gainful employment or self-employed with ability to provide monthly earning statement if needed for processing loan/NHF facilities

Be financially capable of paying membership fees, making contributions and buying cooperative shares.

Membership to open to men and women.

Home ownership

The focus of the cooperative society is to provide home for its members through their savings and housing loans from the FMBN, Mortgage banks or specialized institutions interested in funding cooperative housing.

Cooperative shares

As a Member, enjoy a better return on cooperative shares. A bulk placement or investment of cooperative’s collective share amount generates better income than individual savings.

Access individual housing loan

Membership of the cooperative means the member becomes a contributor to the National Housing Fund (NHF). As a member and a contributor, member can then access the NHF loan or building loan from the Federal Mortgage Bank of Nigeria (FMBN), Primary Mortgage Institutions (PMIs) and other financial institutions with home ownership offers.

Cooperative loan

Qualify for loan after 6 to 12 months on joining the cooperative. Member must be seen to be a responsible financial member; have 2 (two) guarantors and apply for approvable loans.

NHF mortgage loan processing assistance

Cooperative takes over loan application and process for members per batch. Members who qualify for the NHF loan will be grouped and processed as a cluster.

Member support

The Cooperative at its discretion can act as a guarantor or give recommendations to members of the cooperative. The Cooperative can also at its discretion promote member businesses that are viable and genuine,

4 simple steps to join

Apply to be a member

Want to start on your journey to home ownership?

Pay membership fee of N5,000

A one-time non-refundable fee of N5,000 to become a member of the cooperative society.

Buy a minimum of N50,000 Cooperative shares

Members are allowed to purchase Cooperative shares from N50,000 person but may not purchase more than N1.750m per member.

Pay monthly contribution of N15,000

Make a monthly contribution of N15,000 monthly as a member. Savings is flexible and can be as low as N500 daily.

Get started on owning your own home now.

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