Futuregrowth Good News : home loans to low income, first-time buyers

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South Africa is in urgent need of some inspiring good news and Futuregrowth Asset Managers are the team to help us out. Their impressive work in the debt and equity markets is well respected always making sure that there is a social upliftment or development angle to their much needed work. To this end they are the 52% funders to Housing Investment Partners (HiP) along with Old Mutual and the National Housing Finance Corporation. HiP provides income-linked home loans to low-income households who ordinarily would not meet the criteria laid out by our big four and beyond. This allows creditworthy individuals to access the housing market driving asset ownership and prosperity. This initiative not only houses families, but allows home owners to learn much needed skills around managing finances, maintaining their assets and potentially leaving a legacy for their families. – Candice Paine
9 Jun 2015 8PM English South Africa Investing · Business News

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