How to apply For FLISP subsidy 2022 Online

by Triple Michael

How to apply For FLISP subsidy 2022 Online

Good News SA! if you earn between 3 501 and 22 000 per month you can become a first-time homeowner through the FLISP programme. This programme is facilitated by the National Housing Finance Corporation. Here we’ll take you through all you need to know about FLISP housing subsidy 2022 including what is FLISP subsidy, who qualifies for FLISP subsidy as well as FLISP application online

what is FLISP subsidy?

FLISP is a housing subsidy for first-time homebuyers to help them buy a home. The subsidy is paid to your bank or financial institution and will reduce your monthly loan instalments, making the home purchase more affordable.

who qualifies for FLISP subsidy?

This subsidy is established to target Households with an income between R3 501 to R22 000. Any  south African citizen within this income range may qualify for the FLISP subsidy if they meet all the criteria.

How to apply For FLISP subsidy 2022 Online

How to apply For FLISP subsidy 2022 Online

Can Be Be Done With FLISP subsidy

If you qualify for the FLISP subsidy – what can it be used for?

The FLISP subsidy assists you to:

  • Purchase an existing residential property for the first time.
  • Purchase a vacant serviced residential stand (i.e. plot) linked to house-building contracts. Only use builders registered with the National Home Builders Registration Council (NHBRC) or
  • Build a new house with the assistance of a builder registered with the NHBRC on a serviced residential stand (i.e. plot) that you already own.

How to apply For FLISP subsidy 2022 Online

  • You’ll need to apply for a home loan first and once it’s approved, discuss a FLISP application with your bank, financial institution, the Department of Human Settlements, or your nearest municipality.
  • Then you need to sign up into https://www.nhfc.co.za/sign-up/ so as to start your application for the 2022 FLISP housing subsidy
How to apply For FLISP subsidy 2022 Online

How to apply For FLISP subsidy 2022 Online

Required Documents For the FLISP housing subsidy 2022 Application

Once you’ve received a home loan from a bank, the following documents are required, together with the completed FLISP application:

  • Certified copies of identity documents (IDs)
  • Certified copies of dependents’ birth certificates
  • Certified copy of marriage certificate/ Final order of divorce
  • Original recent payslip/affidavit confirming unemployment/ proof of social grant
  • Certified copy of the deed of sale/ offer to purchase
  • Certified copy of the bond approval/ bond quotation
  • Original/ certified copy of the statement of transfer cost from transferring attorney

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