FLISP: Answering Your Questions
The Finance Linked Individual Subsidy Programme (FLISP) was revised in 2012 and later updated in 2018. This programme is a South African government initiative for households in the ‘gap’ market—those who are too rich to qualify for the RDP subsidy but too poor to easily afford a new house. FLISP is intended to assist these households to access housing, by providing a subsidy that can be used to pay the deposit on a house or to decrease the size of the home loan.
To date, CAHF has published three blogs on the FLISP: wondering whether FLISP would be successful, trying to understand how it would work and celebrating its expansion to the resale market. These blogs, and the two documents on our website (the FLISP policy from 2012, and subsidy value tables from 2018), received an incredible response—hundreds of individuals asked questions through the comment section of our website, and dozens called and emailed. This response shows that there is a clear demand for more information about FLISP. This blog contains the most recent information we have, and will hopefully provide the answers that many are looking for:
Do I Qualify?
Government has set a number of criteria that you have to meet in order to qualify for FLISP:
Income: Your household must earn more than R3 500 but less than R22 000 a month. This is your household’s income (both you and your spouse’s income, or any relative you apply for a home loan with). It refers to your gross salary–the total amount you receive before taking away taxes or deductions.
Dependents: You must be living with a partner (either married or habitually cohabiting) or living with financial dependents. Financial dependents include: children, grandchildren, parents, grandparents, sisters or brothers under 18, and unwell extended family members.
A house to buy: You need to find a house to buy (either a new house or an existing house), and the seller needs to have a title deed. This house can cost any amount that you can afford (previously the maximum property value for the house was set at R300 000 but that cap was removed in 2014). This Programme may be used to acquire any formal residential property (including previously housing subsidy financed properties) on condition that the households have successfully applied for mortgage loans to finance the purchase.
The house can part of a new housing development: some developers already have deals with National Housing Finance Corporation (NHFC), which makes it easier to access FLISP–you can contact the NHFC for more information. Or you can use the FLISP to purchase a house on the resale market (an old house that is being resold). If you can’t buy a house, FLISP can be used to build a house on a vacant stand that you already own.
Previously, FLISP beneficiaries were not allowed to sell their houses until 8 years after they had purchased their house. However in 2018 a decision was taken to remove this sales restriction.
Home loan: You need to have applied for home loan (also known as a mortgage) to qualify for FLISP. It can be done through a bank or through a company that offers home loans (such as SA Home Loans). You can also apply for a building loan to build a house on a vacant plot. To get the loan, most banks will want you to show proof of two years of continuous, formal employment for you to qualify for the loan, and will want you to have a good credit record.
In 2018 government took a decision to expand the scope of the programme to permit beneficiaries to use non-mortgage options to purchase their home, such as pension/provident fund-back loans, short-term loans or savings-linked schemes. However the details of how this would work have not yet been determined, so that option is not yet available in practice.
Never owned a home: The house that you intend to purchase has to be your first house. If you have previously owned a property and had a property registered under your name, you will not qualify for FLISP. This applies to you and the person you apply for the loan with (whether your partner or a family member, and includes the family member’s partner).
Never received government assistance for housing: According to law, you may only receive government assistance for housing once. For example, if you have already received an RDP house from government, then you would not qualify for FLISP. This is both for you and the person you apply for the loan with (whether your partner or a family member, and includes the family member’s partner).
However, the recent changes that were made to the FLISP programme in 2018 have aligned the programme with the Government Employees Housing Subsidy Scheme (GEHS). Public servants who receive housing assistance through the GEHS will in future still qualify for a FLISP subsidy. Public servants must enroll with the National GEHS Administrator under the GEHS to qualify for FLISP.
Resident of South Africa: You must either be a South African citizen or have permanent residency.
How do I apply for FLISP?
If you are purchasing new house as part of a FLISP housing development project, then the developer assists you to complete the FLISP application form and submits it for you to the NHFC. If you are buying an existing house in the open market, once the bank grants you approval for a home loan, then you complete the FLISP application form (with the assistance of the estate agent) which you can access on the NHFC website, or at the provincial department of human settlements office, or the municipal office. the form is submitted to the NHFC. There is more information on how the process works on the NHFC website here.
What subsidy amount do I qualify for?
This depends on your household income; it will be between R27 960 and R121 626. The less you earn, the more subsidy you qualify for. The subsidy for those earning R15 000 a month has increased to R62 304 (it used to be R20,000), up to R121 626 if you earn R3 501 a month. Take a look at the FLISP Subsidy tables to see exactly how much you would qualify for.
How does FLISP work?
The main principle behind the FLISP is that it has to be tied to a home loan. You cannot get the FLISP without a home loan. Then, FLISP is meant to work in one of two ways:
- FLISP can be used to decrease your loan amount, which decreases your monthly repayments. For example, if the house you want to buy costs R250 000 and you qualify for a subsidy of R88 323, your monthly repayments will be R1 696 less than without FLISP. Here are some examples of how this works, if you are paying back a loan at 11.25% (1.00% above prime of 10.25%) over a period of 20 years (which may vary from bank to bank):
- FLISP can also be used to increase the amount of money you have available to buy the house you want. For example, if a house costs R318 323 and the bank will only give you a loan for R230 000, then a R88 323 FLISP subsidy will allow you to buy the house. This allows you to buy a house that you would not be able to afford without FLISP. Here are some examples of how this works, if you are paying back a loan at 11.25% (1.00% above prime of 10.25%) over a period of 20 years (which may vary from bank to bank):
Almost every home loan requires a deposit. Sometimes the deposit is bigger than you can afford. FLISP can be used to pay the deposit needed by the bank.
What house can I afford?
A tricky question to answer because only a bank can inform you of the size of the loan you can qualify for. When applying for a loan, according to the National Credit Act, you have to undergo an affordability and credit assessment before you can be approved. This assessment considers your and your partners’ net income, your credit record, your existing debt, and your monthly expenses, among other things.
We believe that you should spend no more than 25 – 30% of your monthly gross income on housing. But this can be bigger or smaller depending on your expenses, savings and debt.
What are the alternatives to buying a house?
FLISP also allows for you to apply for a serviced stand. This stand will be free, but receiving it means you cannot get any further assistance from government. Once you receive the stand, it will be up to you to build on it. However, most municipalities or provincial offices have not implemented this but it is part of the FLISP policy. You will need to check what is possible in your area by contacting your municipality or your Provincial Departments of Human Settlements.
If you already own vacant land, you can get a home loan to pay a NHBRC-registered builder to build a house. The FLISP would then work the same way as if you were buying a house, but the builder should help you apply for FLISP.
Many people asked if they can receive the land and then use the subsidy to construct a home. This isn’t possible—you qualify either for the subsidy (for a home loan to buy a house or build one) or the free, serviced vacant plot, but not both.
If you earn less than R3 500 per month and meet other criteria, you could qualify for an RDP house. This house is free and provided by the government. Contact your provincial department of human settlements for more information.
What should I do if I apply for FLISP but haven’t received a response? What should I do if I was awarded a FLISP subsidy but I haven’t received the funds?
If you have not received a response, you can contact the NHFC to assist you. Another common problem was that many people were awarded the subsidy but do not follow up to receive the funds (once the transfer has gone through). If these problems apply to you, first contact Mathews Sidu (email: mathewss@nhfc.co.za | contact number: 011 644 9800). If you cannot get hold of Mr. Sidu, contact Oupa Mareletse (email: oupam@nhfc.co.za | contact number: 011 644 9800).
What else do I need know about FLISP?
If the house is bought with a partner or family member, then you must make sure that the house is registered under both of your names.
There were many questions whether being black-listed would disqualify a FLISP application. Being black-listed does not, but it does affect your chances of qualifying for a home loan—a bank will not give you a loan if you are black-listed or over-indebted. We advise you to pay off your debt and clear your blacklisting before you apply for a home loan. The National Credit Regulator (NCR) can give you advice if you are in debt or are black-listed. You can contact the NCR for more information.
It is important that the seller of house you buy has a title deed for the property that is registered with the Deeds Office. When you buy the house you must make sure you transfer it to your name. You cannot get the FLISP, or a home loan, if you do not follow the formal process of transferring the property into your name. For this you will need a special lawyer, known as a conveyancer. You can contact the Estate Agency Affairs Board for more information about this.
A problem could be that you do not get a FLISP subsidy because there is not enough funding for the programme. Each year each provincial departments of human settlements set aside money for FLISP. There is the chance that a provincial departments of human settlements do not set aside enough funding for all the FLISP applications for the financial year. If you fail in your application for FLISP because of this, try applying after April of the next year, when there is a new budget for FLISP.
NHFC application form: http://www.nhfc.co.za/images/pdf/FLISP-Application-Form.pdf
NHFC has its own frequently asked questions (FAQs) section on its website: http://www.nhfc.co.za/FLISP/faq.html
Contact Details:
Contact Details:
National Housing Finance Corporation (NHFC)
Address: Isle of Houghton, Old Trafford 3, 11 Boundary Road, Houghton
Contact Number: 0860 011 011
Email address: flisp@nhfc.co.za
Website: www.nhfc.co.za
Estate Agency Affairs Board (EAAB)
Contact Number: 087 285 3222
Website: www.eaab.org.za
National Credit Regulator (NCR)
Contact Number: 0860 627 627/011 554 2600
Website: www.ncr.org.za
Provincial Departments of Human Settlements
Eastern Cape
Address: Steve Tshwete House, 31-33 Phillip Frame Road, Waverly Park, Chiselhurst
Contact Number: 043 711 9901/043 711 9902/043 711 9903
Free State
Address: 7th Floor, OR Tambo House, Cnr Markgraaf & St. Andrews Street, Bloemfontein, 9301
Contact Number: 051 405 4400/051 403 3311
Gauteng
Address: Lisbon Building, 9th Floor, 37 Sauer Street, Johannesburg
Contact Number: 011 355 4000
Kwa-Zulu Natal
Address: 203 Church Street, Pietermaritzburg, 3201
Contact Number: 033 392 6400
Mpumalanga
Address: 7 Government Boulevard, Riverside Park Building, No. 6 & 7, Nelspruit
Contact Number: 013 766 6088
North West
Address: 3366 Bressemer Street, Mafikeng
Contact Number: 018 388 2890/018 388 2891/018 388 2892
Northern Cape
Address: JS du Plooy Building, 9 Cecil Sussman Road, Kimberley, 8301
Contact Number: 053 830 9400/053 830 9422
Western Cape
Address: 27 Wale Street, Cape Town
Contact Number: 021 483 6488 / 021 483 0623 / 021 483 0611 / 021 483 8984
I see that in the Eastern Cape, Kwa-Zulu Natal, Limpopo or the Western Cape you don’t know how applications work in these provinces. I work for the Department of Human Settlements in KZN subsidy section and the process of applying is as follows:-
Apply for a bond at the bank for the house that you want to buy. After getting the bond approval letter from the bank, you can come to our offices 9th floor, 2 Samora Machel House, Durban 4000 with the bond approval letter, ID and pay slip (Spouse too if applicable). We will then give you the application form.
I really need home loan to build my own house
we want to apply for flisp.my husband earns 2500 and I also earn 2500 making our gross household income 5000.do we qualify?
Western Cape:
I am in process helping our char purchasing a property and noticed no link on FAQ to WC Human Settlements , below is a link I have found today https://www.westerncape.gov.za/service/finance-linked-individual-subsidy-programme-flisp
hi I’d like to know where are your offices in cape town?
I have applied for Gov subsidy.but i was told that my forms are nowher to b found as they are not in d system.I call everyday to speak to sumone who can help me but i get told to call tomorw and i hav been calling everyday but i get the same answer.I would like to knw can i apply again and where do i get the form because my agent gave me the form that i had brought in.can u please get back to me.
Thank you very much
Yours thankful
Amanda
Good day
I just wanted to know if you do qualify FLIPS if you work in the bank.
Hello my salary is 12000before deductions but some times I work overtime but not every month do I qualify for flips
FLISP is for every one who is a SA citizen or hold a Permanent Citizenship in SA provided that you meet the qualifying criteria. for more information go to: http://www.NHFC.co.za
hi there please help me. i want to know if i still qualify for flisp, becouse i earn R6300 after didaction, i have three kids and unemployed wife. my worry is my sister use me to get her bond buy joining my salary with her salary, now i want a house and i can afford at my own
Greetingsmy name T Molehe i just want to understand that how long does the flisp take to be aproved?I have made the submission late last i am not sure about the exact date,i have receive any correspodant so i am wondering if my application failed.
I a not in hurry to be answered but need to know.
Thank you in advance..
I’m from KZN and my bank gave the JHB number to apply for FLISP and seem worried that I should have sent my application to Durban since my province is KZN midlands.Its been 3 months since I applied but haven’t heard any response.I would appreciate help as what to do from now on.Thanks
Please send me spplication form or call me on this number 0732387113 i work at riviera hotel for 6years i earn R3300.00
Dear Jack Xaba, you can access the NHFC application form at: http://www.nhfc.co.za/images/pdf/FLISP-Application-Form.pdf
However, since you earn less than R3501 you need to check if you meet other criteria as you could qualify for an RDP house. This house is free and provided by the government. Contact your Provincial Department of Human Settlements for more information. Your salary is unfortunately not high enough to qualify for a FLISP subsidy. However, you can also apply for a building loan to build a house on a vacant plot.
Goodday it my first time applying for this loan will you please assist me
Dear Nokulunga Makhanya, you have to find a house that you can afford. Speak to the banks, SA Home Loans or Housing Investment Partners (HiP) to see what they would be willing to give you. Make sure you have a good credit record, and look at houses. This is important as the only way to access the FLISP is if you get it together with a mortgage loan at the same time. For more information please visit: http://housingfinanceafrica-old.dev/blog/flisp-answering-your-questions/
Thank you so much. Can we post this on our website?
i need to know my spouse and i joint gross income is 17608 but take home is 14800,do we qualify for flisp subsidy
Dear Bongiwe, the subsidy requires that your household must earn more than R3 500 but less than R15 000 a month, this is gross salary before deductions. According to the figures you’ve given, your household earns more than R15 000 (R17608) before deductions, this unfortunately disqualifies you.
Where do i go in Western Cape
Dear Sue Ann Carollisen, in the Western Cape you can find the Provincial Department of Human Settlements at: Address: 27 Wale Street, Cape Town
Contact Number: 021 483 6488 / 021 483 0623 / 021 483 0611 / 021 483 8984.
Hi All…..I need your help ….how much do I have to asked from the bank?do they have the prices for all the houses or what?
Dear Thembisa, it is evaluated by how much you earn.
How do we pay back the money or is not payable
Dear Munyai p,
1. No payment needs to be made for the FLISP subsidy, it is provided for free by the government. The only money concerned is that a home loan is required, which is the cost to the household.
2. If you are asking about the amount received as part of the subsidy, and how much your bond repayment will be, you can visit the subsidy tables page on: http://housingfinanceafrica-old.dev/wp-content/uploads/2012/04/FLISP-subsidy-effective-1-April-2012.pdf
Good day
What happens or how do i check the progress of my application to FLISP?
Regards
Dear Tersia, if you live in Free State, Gauteng, Mpumalanga, North West or the Northern Cape: the NHFC must contact you within 21 days of your application. If you have not received a response, you can contact the NHFC to assist you. Another common problem was that many people were awarded the subsidy but do not follow up to receive the funds (once the transfer has gone through). If these problems apply to you, first contact Mathews Sidu (email: mathewss@nhfc.co.za | contact number: 011 644 9800). If you cannot get hold of Mr. Sidu, contact Oupa Mareletse (email: oupam@nhfc.co.za | contact number: 011 644 9800).
good day i recently just found out about Flisp , but my problem is my husband an I have recently lost our jobs , my question is can we still apply .
Dear Mpho Tladi, you need to have applied for home loan (also known as a mortgage) to qualify for FLISP. However, to get the loan, most banks will want you to show proof of two years of continuous, formal employment for you to qualify for the loan, and will want you to have a good credit record. I advise you find employment before you apply for the subsidy as the only way to access the FLISP is if you get it together with a mortgage loan at the same time.
Good day M T Molehe, if you live in the Free State, Gauteng, Mpumalanga, North West or the Northern Cape: the NHFC must contact you within 21 days of your application. If you have not received a response, you can contact the NHFC to assist you. Another common problem was that many people were awarded the subsidy but do not follow up to receive the funds (once the transfer has gone through). If these problems apply to you, first contact Mathews Sidu (email: mathewss@nhfc.co.za | contact number: 011 644 9800). If you cannot get hold of Mr. Sidu, contact Oupa Mareletse (email: oupam@nhfc.co.za | contact number: 011 644 9800.
Good day Godfrey, FLISP also allows for you to apply for a serviced stand. This stand will be free, but receiving it means you cannot get any further assistance from government. Once you receive the stand, it will be up to you to build on it. However, most municipalities or provincial offices have not implemented this yet but it is part of the FLISP policy. You will need to check what is possible in your area by contacting your municipality or your Provincial Departments of Human Settlements.
If you already own vacant land, you can get a home loan to pay a NHBRC-registered builder to build a house. The FLISP would then work the same way as if you were buying a house, but the builder should help you apply for FLISP.
Dear Nkosi, the salary requirement is that your household must earn more than R3 500 but less than R15 000 a month. Your household’s income is made up of both you and your spouse’s income, and it’s gross salary before deductions. Thus the combined amount of R5000 means you do indeed qualify. Then you need to apply for a home loan (also known as a mortgage) to qualify for FLISP , though getting one may be tricky considering your income. Speak to the banks (Absa, Nedbank, Standard Bank or FNB), SA Home Loans or Housing Investment Partners to see if they would give you a home loan. The house that you intend to purchase also has to be your first house as according to law, you may only receive government assistance for housing once.
Dear Amanda Lecordier, you can access the form at http://www.nhfc.co.za/images/pdf/FLISP-Application-Form.pdf
If you live in Free State, Gauteng, Mpumalanga, North West or the Northern Cape: the NHFC must contact you within 21 days of your application. If you have not received a response, you can contact the NHFC to assist you. Another common problem was that many people were awarded the subsidy but do not follow up to receive the funds (once the transfer has gone through). If these problems apply to you, first contact Mathews Sidu (email: mathewss@nhfc.co.za | contact number: 011 644 9800). If you cannot get hold of Mr. Sidu, contact Oupa Mareletse (email: oupam@nhfc.co.za | contact number: 011 644 9800).
Dear Alson, the house that you intend to purchase has to be your first house. Therefore if you have previously had a property registered under your name, you will not qualify for FLISP. This is both for you and the person you apply for the loan with (whether your partner or a family member, and includes the family member’s partner). Thus you need to check if your sisters property was registered in your name before you apply for FLISP as this may disqualify you.
I need a house as soon as possible I work at post office but I have two clothing store account to pay that’s what is holding me
Dear Moss, you have to find a house that you can afford. Speak to the banks, SA Home Loans or Housing Investment Partners (HiP) to see what they would be willing to give you. Make sure you have a good credit record, and look at houses. Having debt does not disqualify you from the subsidy, but it does affect your chances of qualifying for a home loan—a bank will not give you a loan if you are over-indebted. We advise you to pay off your debt before you apply for a home loan. The National Credit Regulator (NCR) can give you advice if you are in debt. You can contact the NCR for more information.
Dear Ernest, If you live in Gauteng the NHFC must contact you within 21 days of your application. If you have not received a response, you can contact the NHFC to assist you.If you believe you were awarded the subsidy and want to do a follow up to receive the funds, first contact Mathews Sidu (email: mathewss@nhfc.co.za | contact number: 011 644 9800). If you cannot get hold of Mr. Sidu, contact Oupa Mareletse (email: oupam@nhfc.co.za | contact number: 011 644 9800).
Dear Siphokazi, for the subsidy you need to contact the National Housing Finance Corporation (NHFC)
Address: Isle of Houghton, Old Trafford 3, 11 Boundary Road, Houghton
Contact Number: 0860 011 011
Or your Provincial Department of Human Settlements
Address: 27 Wale Street, Cape Town
Contact Number: 021 483 6488 / 021 483 0623 / 021 483 0611 / 021 483 8984
Dear Zinhle, you qualify for the subsidy if you meet the requirements. Should working at a bank make a difference to your application, this would be particular to that specific bank. Thus we advice you to speak to the bank you work for and take this question up with them.
I want to know where must i start to apply for a flisp
Dear Lebohang, to apply in the Free State, Gauteng, Mpumalanga, North West or the Northern Cape: you should submit a completed application form to the NHFC. Banks, estate agents and developers may help you with this, but if they won’t you will have to do it yourself. You can access the application form at: http://www.nhfc.co.za/images/pdf/FLISP-Application-Form.pdf
In the Eastern Cape, Kwa-Zulu Natal, Limpopo or the Western Cape: we don’t know how applications work in these provinces. You will have to contact the provincial departments of human settlements to see if they offer FLISP. They will advise you if they are granting FLISP subsidies.
hi,if i already paying on a homeloan for 5 years,can i stil apply for subsidy?Gordon
Hello Gordon,the house that you intend to purchase has to be your first house. Therefore if you have previously had a property registered under your name, you will not qualify for FLISP. This is both for you and the person you apply for the loan with (whether your partner or a family member, and includes the family member’s partner) As you’ve been paying for a home loan for 5 years this means that you already have a property in your name.
Hi.Thank you sir.
Hi! i bought the house while earning less than 15000 and i were not aware about flisp then. Some of my colleque told me about it and they even told me that their agents helped them to apply and get it.I then approached my agent so that he could help me,He told me that he is going to ask from someone who is working with fisp at their offices,after some days he came back to me and told me that i cant apply, he was suppose to apply for me the time he were applying for the house thats the only time to apply.in my case i would like to ask, can i apply ussing those payslips that i use to apply for the house since well the agent missled me?
Hello Errol, You need to apply for the FLISP subsidy at the same time you apply for the mortgage because the two go together. Thus if you’ve already received transfer on the house that you bought – that is, if its already in your name – then you cannot access the FLISP any more. The FLISP doesn’t apply retrospectively, and you have to access it at the same time as you access the mortgage bond and buy your house.
What happens when you already have a bond house? I just moved in March 2017. Me and my unemployed wife have no intentions of buying new property, but the monthly installment makes it difficult to afford other things. Can FLISP help reduce the installment? Would you still qualify if you already have a house, you only need assistance on repaying?
Dear Thembalethu Ditana, You need to apply for the FLISP subsidy at the same time as when you apply for the mortgage because the two go together. If you’ve already received transfer on the house that you bought – that is, if its already in your name – then you cannot access the FLISP any more. The FLISP doesn’t apply retrospectively, and you have to access it at the same time as you access the mortgage bond and buy your house. This means the only way to access the FLISP is if you get it together with a mortgage loan at the same time.
i would like to apply
Hello Unathi, have a look at the requirements for the subsidy and if you qualify you can follow the steps below to apply.
With regards to steps, in the Free State, Gauteng, Mpumalanga, North West or the Northern Cape: you should submit a completed application form to the NHFC. Banks, estate agents and developers may help you with this, but if they won’t you will have to do it yourself.
In the Eastern Cape, Kwa-Zulu Natal, Limpopo or the Western Cape: we don’t know how applications work in these provinces. You will have to contact the Provincial Departments of Human Settlements to see if they offer FLISP. They will advise you if they are granting FLISP subsidies.
Hi
My partner and I just applied for a house and the banks approved…and now I just got retrenched and at that time our combined salary was over 15000 and now that I am retrenched is less than 15000 can we apply for flisp?
Good day Given, the requirement applies to household income. Since the household income has decreased, and you say it is now below R15 000, then your household does qualify.
However, If you’ve already received transfer on the house that you bought – that is, if its already in your name – then you cannot access the FLISP any more. The FLISP doesn’t apply retrospectively, and you have to access it at the same time as you access the mortgage bond and buy your house. If the transfer has not yet gone through, then you might still apply. Take a look at the FLISP pamphlet and then call the NHFC – the numbers are on the pamphlet.
i WOULD LIKE TO KNOW THAT IF I’M WORKING AS A SHEBEEN OWNER DO I QUALIFY FOR FLISP
Hi, please look at our commonly asked question page (http:///housingfinanceafrica.org/flisp-answering-your-questions/) as well as the finance table (http:///housingfinanceafrica.org/documents/new-finance-linked-individual-subsidy-programme-flisp-values-as-of-01-june-2015/). If you still have questions after this feel free to ask.
Hi my question is where do we send the application forms? must we send them direct to Human Settlement or is there an email address we can send it to perhaps their contact number ma based in Johannesburg
Address: Lisbon Building, 9th Floor, 37 Sauer Street, Johannesburg
Contact Number: 011 355 4901 or 0800 046 873
Iget flips approved. While I’m already pay my deposit. Can I get it back my money . I’m lihle.
Good day
i have applied for a home loan but i am denied 3 times and they don’t give me the reason/s why, please help me i am from cape town
Avoiding debt is important to prevent additional problems but sometimes acquiring debt is necessary especially if you got into unforeseen emergency or you got into a situation where you need a large sum and you do not have enough available cash on hand. So the debt that you need is the one where can pay it on an installment basis. Some debt needs you to pay in full and this kind of debt is difficult because acquiring wholesome amount to pay is hard. So it is better to those who let you pay on an installment basis.
Good day
Can you please send me contacts around vaal,or email address where I can send my application.
Kind regard
Tina majoe
I’m Ladiya from cape town, south frica, I am a single mother blessed with 2 daughters. For a while now I have been searching for a genuine loan lender who could help me with a loan as I no longer have a job, all I got were hoodlums who made me trust them and at the end they took my money without giving me any loan, my hope was lost, I got confused and frustrated, it became difficult for my family to feed with a good meal, I never wanted to have anything to do with any loan lending companies on the internet again. Not until I met a God sent loan lender that changed my life and that of my family Through the help of a fellowship member “a lender with the fear of God in him Mr Thomas Anderson , he was the man that God sent to elevate my family from suffering. At first I thought it wasn’t going to be possible due to my previous experience until I received my loan worth R25,000.00 in less then 24hours. So my advise to anyone out there genuinely in need of a loan is to contact Him through this official email:- ( info.cashcraft84@gmail.com ) . Thanks and God bless
My name is Maureen Mqikela Im a mother of two sons.since 1996 I applied for RDP HOUSE.In 2011 I employed by Government Health Depart as general assistant. earning more than 3.500 but less that 10.000.The Flips programme also take a long process.It means I wont get a house until I become old.And now Im 48 years.Why the department its so unfair to us,other people they have 3 RDP while Ido not have even one.They suppose to start with those who applied.So that we can also pay services with the salary that we earn. At least have mercy on us.
Hi, I am in KZN and applied for FLISP over 5weeks ago. problem is its making the transfer process very slow since the lawyers need to include it on bond and transfare documents. to date lawyers, my self and the bank are still waiting on the DHS office so that our lives can go on. I don’t know how but can the FLISP office quicken the process up a bit to make things easy for everyone else? we get these benefits but they make our processes way less efficient. its a public service culture I don’t know. can the process be atleast 3-4 weeks?
Good day
I did not know about FLISP when i purchased my house. I wanna know, i am about to apply for a 2nd bond, further loan on my home loan,. I want to know if i can apply for FLISP when applying for a further advance on bond
Good day i need some info pls i got a home loan from the bank about 8YEARS ago i went to the bank now recently to find out if i got a subsidy the bank say they don’t see anything how do i find out did i get a subsidy
My loan is approved , I’m waiting for the Flisp response for 8 weeks as my house cannot be registered. I have contacted 0860 011 011 to no avail . Please urgently give a working contact number for Johannesburg as I’m afraid my deal will be canceled.
i have applied for Flisp last year i’m trying to follow up on the Progress can anyone from flisp please assist me
I wanted a house
Hy I HV n approved loan from the bank n I just need money for bond cost n transfer cost
Hi I’m Thembi looking for a house I earn R4600.00 is possible for me to get a house
If you allready aplied for the flisp subsidy.how do you know when you qualify for it? And how long does it take to get an answer
IF I HAVE DEBTS DO I QUALIFY FOR HOME LOAN AND POOR CREDIT RECORD
Why does it have to be a home loan? Have you noticed that the money the individual pays back is double or more than double the amount he/she borrowed from the bank? How is it of help if I borrow R176000 from the bank and pay it over 20 years whereas it could have been a personal loan that would be a short term. What would I have done with the extra R214000 that I give to the bank for free when I borrowed 176000. This is not a solution, it’s just putting poor people who don’t qualify for RDP house as well as not affording a R176000 house into debt that she/he will have to pay for the rest of their life. It’s not helping it’s oppressing. I don’t own a house from what I see I’ll never own one. I’m a tax payer, I’m an SA citizen, but I’d rather die in a shack, or under the bridge than to repay almost half a million. From my own point of view this is not HELP it’s putting people into a lifetime debt. Not everyone is working for government, some of us undergo difficulties to earn this R3501. If one can afford to repay almost half a million why would he/she ask for this subsidy. I’m almost 40 years now, when will I ever finish paying back the R176000 that amounts toR314000?, at 60years just when I’m one foot on the grave. Why does it have to be a home loan, is it because we are not entitled to peace an happiness? Can’t even enjoy the life in that house because I’m busy stressing about the length of time and the repayment. If you can give the RDP house upfront to the individuals who qualify for it, why can’t you give the individuals who qualify for FLISP the amount they need without binding them to a lifetime debt.
Wen you complete the form do you complete it online or on a paper that you will then email it.
I want to know if I qualify, I’m earning R11300 a month and I get overtime every month. I need a house
Hi I would like to applied for flisp housing I’m earning less than 10,000 monthly so what must I do to qualify for low cost house cause I needed nw,I’m no qualify for Rbp,it’s been long appliying,I’ve got two kids I’m single parent
good day my name is bongani , i need to ask if possible can get a subsidy if been renting the house and the owner is willing to sell the house how can i apply