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How to apply for the first time homebuyer grant

You can apply for First Home Finance online with ooba Home Loans. It takes a few minutes to fill in the application, which we then submit on your behalf. We monitor the progress of your application and can update you as needed.

But before applying, ensure you meet the following criteria:

  • Your income must range from R3 501 to R22 000 per month.
  • You must be a South African citizen with permanent residency in South Africa.
  • You must not have received a government housing subsidy before.
  • You must be married or cohabiting OR single with financial dependents.
  • You must be over 18 years old.
  • You must not have owned a fixed residential property before.

If your application is approved, you’ll be granted a subsidy ranging from R30 001 to R130 000, which will make home loan approval more likely and help you obtain lower interest rates and monthly repayments.

Related questions

Apply for a housing subsidy

First Home Finance offers homebuyers a subsidy on their first home.

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Ooba home loans services are simply the best. My Consultant Bianca Dancer was so hands on and helpful from the get go. She guided me through the entire process and put me at ease being a first time buyer. I highly recommend their services.

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Jay Govender and Maleshini Reddy from OOBA provided outstanding assistance and guidance in securing our home loan. Response times were excellent and they were professional and friendly.

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Estelle Vorster was really helpful in securing the best deal for my home loan, she not only negotiated a lower interest rate she went as far as securing 50% discount on the transfer costs.

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