First time buyer?

We'll get you the best deal on your bond and if you qualify for the Help Me Buy a Home Subsidy, we'll help you with your subsidy too.

Before we can apply for your Help Me Buy a Home Subsidy, your bond must be approved.

What is the Help Me Buy a Home Subsidy?

If you earn a gross monthly household income between R 3,501 and R 22,000 you may be able to enter the property market thanks to the Government's Help Me Buy a Home program (previously known as FLISP).

It's a subsidy provided by the Department of Human Settlements to financially assist first time buyers enter the property market and realise their dreams of owning their very own home.


Check if you qualify for the Help Me Buy a Home Subsidy?

We'll help you get the best deal on your home loan and if you qualify for FLISP, we'll help you with your subsidy too! Please answer all the questions.

Is your total household income between R3 500 and R22 000 per month?

Are you a South African citizen with a valid identity document OR do you have a permanent residence permit?

Is it true that neither you, nor your spouse, has never been granted a government housing subsidy before?

Is it true that you have not owner a residential property before?

Are you older than 18, competent to contract legally, and legally married or divorced?

Are you either married, living with a partner or single with financial dependents?

Has a bank approved your home loan in principle

1 subsidy - 3 ways to use it


Cover the shortfall between your home loan amount and the purchase price.

Payment will be made into the transferring attorney's trust account when they are ready to lodge the transfer documents for your home loan. This means you can apply for a smaller home loan, which makes your monthly repayments more affordable.


Cover the attorney fees related to your homeloan.

Payment is made directly into the transferring attorneys' trust account.


Reduce the balance of your home loan.

Payment is made directly into your home loan account upon registration of the bond, reducing the outstanding balance on your home loan so that you can repay it later.

Let's check how much your subsidy could be?

Select your gross household monthly income:

How it works


Find the home you want to buy


Apply for a bond right here on our website


Once granted, we’ll work with you to prepare your subsidy application.


We’ll capture it into the NHFC system for you


We will follow it up regularly and advise you of the outcome


Once your bond registers, we’ll follow up with the NHDC so that your subsidy is paid out quickly


We’ll communicate with you ro confirm you’ve received the funds

What’s next?

What’s next?

To assist with your subsidy application, we'll first need to get your bond approved.

Get Started with your bond application.

Your dedicated Home Loan Consultant will call you to finalise your application and source the best possible deal for you. Once your finance is approved, we will work with you to prepare your Help Me Buy a Home Subsidy application. We will manage the process from application submission through to payout of the subsidy for you.

What our customers say

Albert V

‘I applied for a building loan with Wena Coetzee and Odette Martin of BetterBond Nelspruit. I received service beyond expectation. I can recommend BetterBond to anyone who is considering asking for a loan to make the biggest investment of your life.’

SEP 22

Carla K

‘Thank you Sandra Jarvis and BetterBond for such excellent service! For helping us as first-time homeowners to get our building loan. We are thrilled at our new start and so happy we can take these steps with you by our side! We highly recommend you to anyone. Thanks again! You guys are the best.’

SEP 22

‘I was told there was no hope of getting a 100% building loan. I called Carlise van Loggerenberg at BetterBond, I supplied all the documents and within 5 days I was granted a 100% loan by 2 banks! She did it the first time and has done it again. Big ups!’

SEP 22


Find all you need to know with our Q&A.

What is Help Me Buy a Home Subsidy?

How do I qualify for it?

How is the subsidy amount calculated?

Do I need bond approval from a bank to qualify for the subsidy?

Can I still benefit from the subsidy if my home has already registered?

Is there a limit on the bond that I can get if I apply for the subsidy as well?

What can I use the subsidy for?

Will the money from the subsidy be paid out to me directly?

If I am married in community of property, is my spouse's income and ownership history also taken into account?

What if I am divorced? Can I still qualify?

Can I apply if I am using cash to finance my home?

Will my credit record play a role in my application?

How often could I receive the subsidy?

What type of properties can I consider buying if I am applying?

Who decides whether my subsidy is approved or not?

What happens if I don't qualify?

What is the cost for BetterBond to facilitate my subsidy application?


Successful subsidy payouts facilitated by BetterBond


Of clients that pre-approve with us get a bond.

Another service from BetterBond that's
completely free to our bond applicants.


Contact us on 0800 007 111

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