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.