Opera News

Opera News App

See, these simple requirements for you to qualify for a low cost housing subsidy

Manamela
By Manamela | self meida writer
Published 10 days ago - 2 views

The National Housing Finance Corporation (NHFC) is there to assist the 'missing middle' group of people and these are the people who earn between R3,500 and R22,000.

The missing middle are people who don't qualify for a bond because they earn below the minimal bank requirements to quality for a bond. At the same time, they don't qualify for an RDP house because they earn more to qualify for an RDP house. If you earn between R1500 and R15 000, you qualify for NFHC subsidy. But you need to apply for a bond with a bank or other financial institution before coming to them.

You have to have a South African ID, or if you are a foreign national, you must be a permanent resident. And other requirements you must be older than 18 and be a first time house buyer. If you have received a house subsidy before or have received an RDP, you don't qualify. They also need a proof that you have worked continuously for 2 years, you are able to pay the loan and they also your credit records.

The National Housing Finance Corporation (NHFC) can help you to buy a new property, a serviced stand, or an old property, or build a house in rural areas.

https://www.sowetanlive.co.za/news/south-africa/2021-02-15-who-qualifies-for-housing-subsidy/

Content created and supplied by: Manamela (via Opera News )

Opera News is a free to use platform and the views and opinions expressed herein are solely those of the author and do not represent, reflect or express the views of Opera News. Any/all written content and images displayed are provided by the blogger/author, appear herein as submitted by the blogger/author and are unedited by Opera News. Opera News does not consent to nor does it condone the posting of any content that violates the rights (including the copyrights) of any third party, nor content that may malign, inter alia, any religion, ethnic group, organization, gender, company, or individual. Opera News furthermore does not condone the use of our platform for the purposes encouraging/endorsing hate speech, violation of human rights and/or utterances of a defamatory nature. If the content contained herein violates any of your rights, including those of copyright, and/or violates any the above mentioned factors, you are requested to immediately notify us using via the following email address operanews-external(at)opera.com and/or report the article using the available reporting functionality built into our Platform

YOU MAY LIKE

See pictures of furious Chiefs fan burning his merchandise

22 minutes ago

14 🔥

See pictures of furious Chiefs fan burning his merchandise

Kaizer Chiefs Confirm 18 Man Squad For Their Champions League Encounter

41 minutes ago

20 🔥

Kaizer Chiefs Confirm 18 Man Squad For Their Champions League Encounter

Mamelodi Sundowns Have Finalised Their preparations For CAF Champions League.

57 minutes ago

9 🔥

Mamelodi Sundowns Have Finalised Their preparations For CAF Champions League.

Sundowns get green light for their Caf game

1 hours ago

206 🔥

Sundowns get green light for their Caf game

Kaizer Chiefs botch winds up in Reunion

1 hours ago

64 🔥

Kaizer Chiefs botch winds up in Reunion

Former Orlando Pirates coach has appeared in Court

1 hours ago

53 🔥

Former Orlando Pirates coach has appeared in Court

Why Chiefs have a good chance to upset Wydad [opinion]

2 hours ago

24 🔥

Why Chiefs have a good chance to upset Wydad [opinion]

Gavin Hunt revealed Special News about his Club and to the Fans

2 hours ago

158 🔥

Gavin Hunt revealed Special News about his Club and to the Fans

Kaizer Chiefs Announce Full Squad to face Wydad Casablanca in CAF Champions League

2 hours ago

65 🔥

Kaizer Chiefs Announce Full Squad to face Wydad Casablanca in CAF Champions League

CAF Finally Accept Kaizer Chiefs Appeal As They Face Morocco Champion In Burkina Faso

2 hours ago

166 🔥

CAF Finally Accept Kaizer Chiefs Appeal As They Face Morocco Champion In Burkina Faso

COMMENTS