Infinity Trust Mortgage Bank

What Infinity Trust Mortgage Bank does

Infinity Trust Mortgage Bank Plc (ITMB) is a Nigerian National Mortgage Bank headquartered in Abuja and listed on the Nigerian Stock Exchange under ticker ITMB. Founded in 2002 as Infinity Trust Savings & Loans Limited, the bank converted to a public limited company in 2013 and achieved National Mortgage Bank status in 2014. It specializes in mortgage lending and housing-related financial services, offering two flagship loan schemes — the Infinity Mortgage Finance Scheme (IMFS, up to N500 million per borrower) and the National Housing Fund Scheme (NHF, 6% per annum on loans up to N50 million with 0-10% equity contribution). Supporting products include the Infinity Premium Savings Account, Save and Own a Home Account, High Yield Account, Current Plus Account, Real Estate Development Loan (up to 70% infrastructure financing for developers), School Mortgage Account, and Premium Home Acquisition Loan.

The bank distributes through a five-branch physical network across Abuja, Lagos, Nasarawa, and Kaduna, supplemented by digital channels including a mobile app, internet banking platform (ibank.itmbplc.com), USSD codes, an online mortgage calculator, and a property listing portal at properties.infinitytrustmortgagebank.com. Its go-to-market combines relationship managers targeting individual borrowers, direct partnerships with property developers (20+ estates financed to date), and government housing scheme participation via the Federal Mortgage Bank of Nigeria and channel partners Qshelter Limited and M.I. Okoro & Associates under the Renewed Hope Cities and Estates Scheme. Revenue is generated primarily through mortgage interest income (subscription/recurring), developer loan interest, and deposit product spreads, with FY2025 gross earnings of N6.61 billion (+50.5% YoY) and pre-tax profit of N3.02 billion (+75.1% YoY). The bank holds an equity stake in the Nigeria Mortgage Refinance Company (NMRC), carries a BBB+ entity / SR3 servicer rating from Agusto & Co., and reports 14 consecutive years of uninterrupted profitability and dividend payments — a record unmatched among Nigerian Primary Mortgage Banks.

Name

Infinity Trust Mortgage Bank

Legal name

Infinity Trust Mortgage Bank Plc

Website

https://infinitytrustmortgagebank.com

Company type

Public

Founded year

2002

Operating status

Operating

Headcount range

251–500 employees

Short description

Infinity Trust Mortgage Bank Plc is a Nigerian National Mortgage Bank offering mortgage loans, developer financing, and housing-related savings products to individuals, real estate developers, and educational institutions across Nigeria, distributed through a five-branch network and government housing partnerships.

Ownership category

akta.pro rank

Product category

Mortgage Banking

NAICS

Depository Credit Intermediation (5221)

SIC

Mortgage Bankers & Loan Correspondents (6162)

akta.pro primary industry

Mortgage Credit Enhancement Wraps & Financial Guarantees (Bond/Wrap Insurance) (FSALAJAG)

Keywords

• Mortgage banking
• Home loan financing
• National housing fund
• Real estate development finance
• Savings and deposit accounts

Headquarters

HQ city

Garki

HQ country

Nigeria

HQ region

Africa

Offices5 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure, Others

Revenue model

1. Mortgage Interest Income: Primary revenue from interest charged on mortgage loans including Infinity Mortgage Finance Scheme (IMFS) up to N500 million, National Housing Fund Scheme (NHFS) at 6% interest for loans of N1-50 million, and Premium Home Acquisition Loans with flexible terms up to 20 years tenor.
2. Real Estate Development Loans: Financing provided to property developers for building residential or commercial estates, with infrastructure financing up to 70% for private developers. Has financed over 20 estates including Sun City Estate, Vintage City, and Lafayette Estate.
3. Premium Savings Account Interest: Interest paid to depositors on Infinity Premium Savings Account (IPSA) at 3% above regular savings rate with N100,000 minimum opening balance and N200,000 minimum monthly deposit requirement.
4. High Yield Investment Account: Investment product offering attractive deposit returns with interest paid upfront from effective date. Minimum tenor of 6 months, minimum amount N1 million in N500,000 increments.
5. Current Account Services: Infinity Current Plus Account with N200,000 minimum opening balance, zero maintenance fees above that threshold, POS services for business accounts, and interest paid on balances above regular savings rates.
6. Save and Own Home Account: Savings product enabling customers to save towards homeownership with N20,000 opening balance, attractive interest on deposits and mortgage loans, with consistent savings for minimum 12 months to qualify for home loan benefits.

Pricing tiers

Go-to-market motion1 record

Distribution channels7 records

Marketing channels8 records

Core offering

Infinity Trust Mortgage Bank Plc is a Nigerian National Mortgage Bank that provides mortgage loans (Infinity Mortgage Finance Scheme up to ₦500 million and National Housing Fund Scheme at 6% interest up to ₦50 million), savings and deposit accounts (Premium Savings, Save-and-Own-a-Home, High Yield, Current Plus), and real estate development financing for property developers. It also offers digital banking services via mobile app, internet banking, and USSD, and operates a property listing portal to connect buyers with available properties.

Product overview

Infinity Trust Mortgage Bank Plc is a Primary Mortgage Bank offering a portfolio of mortgage and banking products. The core offerings consist of two primary mortgage schemes: the Infinity Mortgage Finance Scheme (IMFS) providing loans up to ₦500 million, and the National Housing Fund Scheme (NHF) offering government-backed loans up to ₦50 million at 6% interest. Supporting these are savings products including the Infinity Premium Savings Account (IPSA), Infinity Save and Own a Home Account (I-SOH), and Infinity High Yield Account, alongside transactional accounts like Infinity Current Plus Account. Additional offerings include the Real Estate Development Loan for developers, Infinity School Mortgage Account for educational institutions, and Infinity Premium Home Acquisition Loan for staff of premium organizations. Digital banking is delivered through Internet Banking and a mobile application for iOS and Android. The bank also operates a property listing platform for buyers to browse properties.

Differentiator

Problem solved

Functional benefit

Brands

• Infinity Homes: Registered trademark of Infinity Trust Mortgage Bank Plc, reflecting commitment to providing Nigerians with affordable home ownership opportunities

Products and services

• Infinity Mortgage Finance Scheme (IMFS)

Quantifiable outcome

• 14 consecutive years of unbroken profitability and dividend payments - unique achievement among Primary Mortgage Banks in Nigeria
• +6 more outcomes

Named customers1 record

Segments4 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Seven partnerships are on record, tiered core and minor.

• Federal Mortgage Bank of NigeriacoreStrategic or Co-development Partner · 2 January 2026Federal Mortgage Bank of Nigeria is the apex mortgage bank in Nigeria and regulator of the National Housing Fund scheme. Infinity Trust Mortgage Bank partners with FMBN to provide NHF mortgage loans at 6% interest rate to eligible Nigerian workers. FMBN provides refinancing and liquidity support through this partnership for the Federal Government's Renewed Hope housing initiatives.
• Qshelter LimitedcoreChannel Partner/ Reseller/ Distributor · 2 January 2026Qshelter Limited serves as the official sales and marketing partner to the Federal Government for the Renewed Hope Cities and Estates Scheme targeting 100,000 housing units nationwide. Infinity Trust Mortgage Bank partners with Qshelter to provide mortgage financing to beneficiaries, offering NHF loans at 6% per annum, rent-to-own at 7%, and MREIF loans up to N100 million at 9.75% interest.
• M.I. Okoro & AssociatescoreChannel Partner/ Reseller/ Distributor · 2 January 2026M.I. Okoro & Associates signed MOU with Qshelter Limited to collaborate on marketing the Federal Government's Renewed Hope Cities and Estates Scheme. The firm collaborates on marketing efforts covering Renewed Hope Estates in Abuja, Kano, and Lagos, with Infinity Trust Mortgage Bank providing mortgage financing products to qualified buyers.
• FHA Mortgage BankminorStrategic or Co-development Partner · 2 January 2026FHA Mortgage Bank is part of the consortium of mortgage banks partnered with Qshelter and M.I. Okoro & Associates to facilitate financing for the Federal Government's Renewed Hope 100,000-unit housing estates. Multiple mortgage banks participate in the program to expand financing reach.
• Homebase Mortgage BankminorStrategic or Co-development Partner · 2 January 2026Homebase Mortgage Bank is one of the mortgage banks in the partnership facilitating financing for the Federal Government's Renewed Hope Cities and Estates Scheme, working alongside Federal Mortgage Bank of Nigeria, Infinity Trust Mortgage Bank, and FHA Mortgage Bank.
• Nigeria Mortgage Refinance Company (NMRC)coreStrategic or Co-development Partner · 1 January 2014Nigeria Mortgage Refinance Company (NMRC) is a World Bank-supported institution established to provide liquidity to the mortgage market. Infinity Trust Mortgage Bank holds equity shareholding in NMRC and participates in the secondary mortgage market through refinancing arrangements, enabling the bank to access long-term funding for mortgage lending.
• Property Developers (Various)coreChannel Partner/ Reseller/ DistributorInfinity Trust Mortgage Bank partners with various property developers to finance estate development projects across Nigeria. The bank has financed over 20 modern estates including Sun City Estate, Vintage City, Lafayette Estate, Hall Seven Estate, Homework Estate, Bahamas Estate, Yussel Mchris Estate, and Black Choral Estate. The partnership provides developers with up to 70% infrastructure financing and expert advisory support.

Scale indicators10 records

Recent moves9 records

Expansion highlights5 records

Broad incumbents

• Federal Mortgage Bank of Nigeria (FMBN): The apex mortgage bank in Nigeria that administers the NHF scheme and provides refinancing/liquidity support to primary mortgage banks including Infinity Trust. Not a direct competitor but the regulatory and refinancing counterparty that defines Infinity's operating model.
• SunTrust Bank Nigeria: Nigerian commercial bank expanding into mortgage lending alongside its core retail and commercial banking. A larger incumbent with overlapping mortgage products but broader banking franchise, competing for some of the same Nigerian mortgage customers as Infinity Trust.
• Stanbic IBTC Mortgage Bank: A subsidiary of Standard Bank Group focused on mortgage origination and home loans in Nigeria. Larger balance sheet and broader banking group affiliation allow it to compete across price points where Infinity Trust operates, particularly in commercial mortgage and developer financing.

Direct peers

• Homebase Mortgage Bank: Nigerian mortgage bank providing home loans and developer financing, identified as a partner alongside Infinity Trust in the Renewed Hope Cities and Estates marketing consortium. Operates with a similar mortgage-centric product set and customer base in the same regulatory environment.
• FHA Mortgage Bank: Nigerian Federal Housing Authority-owned mortgage bank focused on housing finance and developer loans nationwide. Participates alongside Infinity Trust in the Renewed Hope scheme consortium, with directly comparable mortgage origination and NHF-backed lending model.
• Abbey Mortgage Bank Plc: Another Nigerian Primary Mortgage Bank listed on the NGX, offering NHF and commercial mortgage products to individuals and developers across Nigeria. Directly comparable to Infinity Trust as a peer primary mortgage institution with overlapping product portfolio and Nigerian regulatory structure.
• HASAL Bank Nigeria: Nigerian microfinance/mortgage-oriented bank where current ITMB CFO previously served. Functions as a small Nigerian deposit-taking and lending institution serving similar retail and SME customers with mortgage-adjacent products.

Others

• Nigeria Mortgage Refinance Company (NMRC): World Bank-supported secondary mortgage market institution in which Infinity Trust holds equity. NMRC purchases mortgages from primary mortgage banks, providing Infinity Trust with refinancing liquidity that is central to its N16B+ balance sheet growth.

Regional players

• Housing Finance Company of Kenya: Kenyan mortgage-focused financial institution providing home loans and developer financing across East Africa. Comparable business model as a niche housing finance specialist targeting affordable mortgages, with similar regulatory-backed product structures.
• Shelter-Afrique: Pan-African housing finance institution that supports mortgage lenders and developers across the continent. Provides refinancing and capacity-building to mortgage banks including in Nigeria, making it a structural peer within the broader African mortgage ecosystem.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/itmbplc
• Facebookfacebook.com/share/16htybeNFK
• LinkedInlinkedin.com/company/infinity-trust-mortgage-bank
• Instagraminstagram.com/infinitytrustmortgagebank

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Infinity Trust Mortgage Bank