We develop or finance the development of scheme houses, which are sold directly to Contributors. When these units become available they are advertised in the public media and Contributors are invited to apply.
The NHT Scheme House Loan is a Non-Homeowners’ Loan. If you have previously received a loan from the NHT you may still be able to access funds to buy your own home through our Fifteen (15) Plus Loan product.
If you are a successful applicant for a scheme house you can borrow as a single applicant or you may co-apply with 1 other qualified NHT contributor 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 that is willing to enter into either a Joint Finance Mortgage with us.
Click here to find out how to apply for your NHT Scheme House Loan.