13 Nov Can I still apply for FLISP if I already bought a property?

Wondering, “Can I still apply for FLISP if I already bought a property?” The short answer is yes. It is possible to apply for FLISP after purchasing a property. The key factor is the timing of your home purchase and the FLISP application. If you apply for the FLISP housing subsidy within a year of buying your home, your application will be considered.

If your FLISP application is approved, the subsidy will be put towards your home loan. How does FLISP affect your existing home loan? This grant will lower your monthly repayments and ease financial pressure.

Of course, the FLISP qualifying criteria still count, and certain conditions must be considered before you can proceed. So, how do you use FLISP towards a home that you have already purchased?

• Consider working with FirstStep Housing – we handle all the steps for you
• Begin by checking that you meet the qualifying criteria for FLISP
• Find a lender approved by the National Housing Finance Corporation (NHFC)
• Gather all the relevant documents and submit your application
• Submit your application for assessment and approval by the NHFC
• If approved, the FLISP subsidy will be applied to your existing home loan

When it comes to owning land and FLISP, can you still qualify? The good news is that you can, as long as it is within one year. APPLY NOW to get started.