Those who are ineligible are notified immediately and encouraged to re-apply when they meet the criteria. In 1991-92, some 900 families who had a minimum deposit and met the income test were placed on the applications list. All borrowers must contribute the maximum deposit they can reasonably afford towards the cost of their home. Priority is determined on a points based system.
Loans are subject to an income test and the applicants' capacity to service a long term loan.