If you are looking for a property in South Africa and you’re going to need finance, you will want to find the best home loan available for your own personal needs. There are four major commercial banks that have a range of different home loan products that cater for both individuals and other legal bodies…
Standard Bank Home Loans are available in several different packages including loans for first time buyers and for low income earners. This bank also offers a choice of both variable and fixed rate options for all its home loans, depending on your personal preferences and needs. Home loans for first time buyers Loans for first…
FNB Home Loans are designed to cater to a variety of different markets. Products range from traditional home loans for South African citizens to home loans that are geared specifically for foreigners. Both fixed interest rate and variable rate options are available. Traditional home loans Individuals earning at least R15 000 a month qualify for…
Nedbank Home Loans are structured to cater for the bank’s typical clients, and they include ordinary home loans, building loans and home loans for people who want to buy a property and then rent it out. Ordinary Nedbank home loans Nedbank’s “ordinary” home loan package is available for the purchase of houses and for vacant…
Absa Home Loans are available in several different guises, both for existing customers and for those who don’t currently bank with Absa. Absa Home Loan The standard-type home loan from Absa is described as a “flexible home loan” that may be used to finance residential properties and vacant land. There are various options available to…