How to apply for a FLISP subsidy online

First Home Finance (formerly known as FLISP) is a government subsidy that allows people with limited resources to get on the property ladder.

How to obtain this subsidy? We want to help you become a homeowner, so we provide an application process that is quick and easy.

Simply fill in our form online. It takes a matter of minutes.

However, first, ensure you meet the qualification criteria

• Your gross household income is between R3 501 and R22 000 per month, ie. Basic household income, plus housing allowance where applicable.
• You are a South African citizen or have a permanent residency permit.
• You are over 18 years and competent to contract.
• You are married or cohabiting OR single with financial dependents.
• You haven’t received a government housing subsidy before.
• You haven’t owned fixed residential property before.

The subsidy ranges from R38 878 – R169 26, and can be used to buy:

• Buy an existing house / apartment.
• Buy a serviced residential site.
• Build a house on a serviced residential site, if the site was not acquired through a government housing subsidy in the past.

We encourage first-time homebuyers with limited resources to make use of this subsidy, making home loan approval more likely and making homeownership affordable.