How long does it take for Flisp to pay?
This process usually takes 7 days. How long it takes FLISP to pay out will depend on whether you need the subsidy for the deposit or not.
How long does it take for a Flisp subsidy to be approved?
7 days
From the moment you submit, the application process is expected to take 7 days. The NHFC (National Housing Finance Corporation) are required to notify you of the result within 21 days at the most. During this period of time, the NHFC will assess whether you meet the criteria.
Who qualifies for Flisp?
In order to apply for a FLISP subsidy, you must meet the following requirements: Earn either a single or joint gross monthly household income of between R3 501 to R22 000. Be a first time home buyer. Be over the age of 18 years.
How much do I qualify for on Flisp?
Your income must range between R3501 and R22 000 per month.
The lower your income, the higher your subsidy, with the highest possible subsidy being R130 000 and the lowest being R30 001. That’s a sizeable amount that you can put towards your home loan repayments.
Flisp
