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What is FLISP and how does it work?

FLISP is a government subsidy aimed at first-time homebuyers who fall within a low-income bracket.

If you have an income ranging from R3 501 to R22 000 per month, and you meet the other qualification criteria, you can apply for FLISP.

If your application is successful, you will be provided with a subsidy that can be deposited directly into your home loan or used as a deposit when applying for a home loan.

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.

Apply for a housing subsidy

FLISP offering homebuyers a subsidy on their first home.

Do I qualify?

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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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