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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.

Apply for a housing subsidy

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

DO I QUALIFY?

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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

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

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