100% No Deposit Home Loans
South African Banks are constantly changing their lending policies.
100% Home Loans have returned & are available, but the banks are understandably more cautious when approving these bonds.
Read: How to secure a 100% Bond
After the downward turn of the local and world economy, and the immense pressure our banks were under, many thought that the era of 100% home loans had left our shores for good.
But, surprisingly in May of 2009 Nedbank released a notice to announce a new home loan offering. The bank reintroduced 100% bonds to South Africa.
The introduction was a careful one though, as this offer was only applicable to qualified buyers of Nedbank Owned Properties. These are repossessed properties owned by Nedbank, that are often sold at a discount.
Since that time Nedbank has opened its doors to anyone looking to by property in South Africa. The bank will now lend up to 100% of the value of any South Africa property if you are able to afford the bond repayments. Here’s how to secure 100% homeloans.
Check out this list of Nedbank Repossessed Properties for potential bargains.
Do you a question / Need more assistance?
For more assistance with regards to applying for Home Loan finance contact one of our consultants.
Ph: 087 625 0590
or Complete This Application Form Online