What is the maximum income for FLISP?
The maximum income to qualify for First Home Finance (formerly known as FLISP) is R22 000 per month.
Here are the qualification criteria in more detail:
- 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 you meet these criteria, you can apply online in a matter of minutes with ooba Home Loans. We provide a form you can fill in which we then submit on your behalf. We monitor the status of your application so we can update you as needed.