FAQs
Let FirstStep Housing answer some of the frequently asked questions we get asked the most: how the process works, what documents you need, and how to know whether you’re eligible for FLISP.
Let FirstStep Housing answer some of the frequently asked questions we get asked the most: how the process works, what documents you need, and how to know whether you’re eligible for FLISP.
The official funding partner sets out the requirements you need to meet to get an FLISP subsidy. To get funding, you must:
If you meet these requirements, you’ll most likely get approved for funding.
When filling out your FLISP form, you’ll need to have these documents on hand:
If you have questions about the documents FLISP needs, contact FirstStep Housing.
You can use FLISP in combination with cash your bond, part of your pension, savings, a stokvel or cooperative housing scheme and loans supported by Employer-Based Housing Schemes such as Government Employees Housing Scheme for government employees.
No, you will never have to repay your subsidy. This is because it’s part of the government’s program to make housing affordable.
The subsidy amount you’ll get depends on how much your household makes monthly. The less you earn, the higher your subsidy will be. FirstStep consultants will be able to give you an indication how much you are likely to qualify for.
Yes, you can use FLISP to build your residential property on a self-owned serviced residential stand through an NHBRC-registered home builder.
Yes, you must be at least 18 to apply for FLISP. If you’re a senior, you can use FLISP in conjunction with your pension. Contact FirstStep Housing to find out more.
Yes, you don’t need a mortgage bond to qualify for FLISP. You can use funding from elsewhere in conjunction FLISP, such as cash, personal loan and pension fund.
No, FLISP is only for first-time homeowners.
If you have any questions about FLISP or the subsidy process, contact FirstStep Housing. We would love to help you become a homeowner!