HIP – Housing Investment Partners

So, affordable housing just got interesting.  HIP is owned by Old Mutual and the National housing Finance Corporation.

 HIP Home Loans apply here

Targeting specifically first time home buyers falling predominantly within the affordable housing market

Gross monthly salaries between R3,500 and R20,000(single or joint) per month

Property values between R250,000 and R550,000

Primary focus is on employers offering housing assistance to their employees in public sector employees (nurses,teachers,police,civil servants,the mining sector and other private sector employees of companies listed on the JSE.

How the HIP home loan works

How the HIP home loan works