Skip to content

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.

Apply for a housing subsidy

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

Do I qualify?

Ranked #1 in Banking on Hellopeter

hello-peter
Star Rating

Average rating of 4.86 from over 4 550 reviews

Simply The Best

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.

Tia J

Star Ratings

Excellent Service

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.

Brice G

Star Ratings

Bond Application

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.

Butana M

Star Ratings