Partners
In implementing First Home Finance, the NHFC works with subsidy origination partners who fall under the following categories:
Incentives to Participate in FHF
| Category | Incentive to Participate in FHF |
|---|---|
| Lenders (bank & non-bank) | Charge interest and origination fee for home loans granted to beneficiaries |
| Homebuilders / contractors | Paid for building homes for beneficiaries |
| Property Practitioners | Paid commission by sellers of properties |
| Developers | Make money from sales of units and housing stands in developments |
| Mortgage originators | Make money from fees paid by lenders |
| Building merchants | Make money from sale of building materials |
| Employer Assisted Housing Schemes (EAHS) | Assist employees to access homeownership |
| Conveyancing Attorneys | Make money from conveyancing fees |
Public entities / organisations
The NHFC has also partnered with other state entities whose role is important to implement the Programme in full compliance with the relevant legislation and First Home Finance Policy such as the National Home Builders Regulatory Council (NHBRC), Property Practitioners Regulatory Authority (PPRA), South African Local Government Association (SALGA) and others.
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