Real Estate Investor April 2022 | Page 35

To accommodate the onboarding of thousands home loan applications per month , cutting edge Property and Fintech technology were developed in a partnership with 4Me . Tech . This same technology is now applied to aid buyers with non-mortgage linked financial applications and a FLISP subsidy .
According to Jacques Theron of 4Me . Tech , their technology enables them to issue a first-time buyer with a FLISP Voucher before they start the home buying process . “ After an applicant signs up on our online platform and answers a few qualifying questions , the technology does the rest and a FLISP Voucher is issued to provide an accurate estimate of the subsidy the home buyer can qualify for .”
A FLISP Voucher is the first step to take , and the first-time buyer can then establish how much finance can be obtained to buy a home with the combination of the FLISP subsidy and the finance granted and available . The FLISP Voucher can then be validated through HSS integrations with the Department of Human Settlements or the systems of the NHFC .
Jacques Theron , 4Me . Tech
“ We realized a first-time buyer , with no or little experience in buying a property and shopping around for the most appropriate property finance will be very confused if all the finance options are not presented on one easy to navigate platform ,” says Theron .
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