Tutili Place

FLISP – How It Works

FLISP - How It Works

The FLISP programme is a housing subsidy for first-time home buyers to assist with purchasing a home.

Households with an income between R3 501 to R22 000  may qualify for the FLISP subsidy if they meet all the criteria. The subsidy is paid to your bank or financial institution and will reduce your monthly loan instalments, making it more affordable to buy a home. 

You will need to apply for a home loan first and once it is approved, discuss a FLISP application with the bank which grants the home loan. Seeff Southern Suburbs and Linomtha Properties mortgage originator, Ooba, can assist with this.