Government Subsidy Qualification Criteria

• Only South African citizens can apply.
• Applicants may not have benefited from any government housing schemes previously.
• Applicants must not have previously or currently own property.
• Combined gross monthly income not exceeding R7 000.00 p/m.

Supporting Paperwork Required for Subsidy Application

• Copy of main applicant identification document.
• Copy of co-applicant identification document being wife or long term partner.
• Copy marriage certificate if applicable.
• Copy divorce certificate if applicable.
• Copy death certificate if applicable.
• Original latest salary advice.
• Copy of birth certificates or ID copy of dependants.

Procedures for Application at FNB:

To qualify for a financed linked house the applicant must contact FNB on the telephone no. 0860 644 644 where the applicant's details will be captured and then:

• The bank will evaluate the mortgage loan amount the applicant qualifies for.
  
  
• A pre-screening will be done at the Department of Housing to ascertain whether the applicant qualifies for a finance linked housing subsidy.
  
  
• Thereafter the estate agents will contact the applicants to come forward and complete all the necessary documentation to apply for a mortgage loan and finance linked subsidy, whereafter it can be established what size home the applicant would qualify for.