The homeownership social loan (PAS) is a state-approved and regulated mortgage with a fixed upper limit interest rate granted by certain financial institutions. It is designed to promote homeownership among low to middle income first time buyers. Borrowers may be eligible for APL personalised housing aid
Who can benefit?
Households wishing to buy, build or renovate their main residence and whose joint income (including all members of the household intending to live in the property) does not exceed an upper limit.
Who to contact?
Your bank or approved financial institution.