FLISP subsidy refers to a first-time homebuyer’s subsidy provided by the government to low-income earners.
If your income ranges from R3 501 to R22 000 per month, you can qualify for this subsidy, which can be paid directly into your home loan or used as a deposit. Either way, it improves your chances of home loan approval and assists you in paying off the home loan.
FLISP makes homeownership a reality for low-income earners. The subsidy ranges from R30 001 to R130 000, depending on your income. The lower your income, the higher the subsidy.
Are you interested in applying for FLISP? Get all your questions answered, such as whether you qualify, how to apply and how FLISP can be used to acquire your first home.