Apply for the government subsidy on first-time home purchases by filling in a form online with ooba Home Loans.
You can apply in a matter of minutes. We’ll submit the paperwork and monitor the application process, updating you as needed.
Bear in mind that in order to qualify for First Home Finance, you need to 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.
Should your application be approved, you will receive a subsidy ranging from R30 001 to R130 000, depending on your income (the lower your income, the higher your deposit).
So apply with ooba Home Loans and acquire a powerful asset made possible even for people with low income.