The NHT develops or finances the development of scheme houses, which are sold directly to qualified NHT ontributors. When these units become available they are advertised in the public via the media and contributors are invited to apply.
The NHT Scheme House Loan is a Non-Homeowners’ Loan.
If you are a successful applicant for a scheme house, you can borrow as a single applicant or you may co-apply with one other qualified NHT contributor or with two immediate family members (where the unit is at least a two-bedroom), to access a higher loan limit to purchase the housing unit. If you need (and can afford) to borrow more money you may seek additional funds from another lending institution under our External Financing Mortgage Programme (EFMP).
Click here to find out how to apply for your NHT Scheme House Loan.