Mortgage Re-advances

SA Home Loans Tips Home Loan Readvances offer you an opportunity to secure a large loan amount at a very low interest rate. A Home Loan Readvance allows you to borrow all or part of the portion of your Mortgage you’ve already repaid. The process is much faster than applying for a Further Loan (or 2nd Bond), and it has the extra benefit in that you’ll be paying a very low interest rate on that loan amount. If you’re considering …

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Edgars Home Loans

Edgars and Jet customers now have easier to access to home loans through FNB, that is thanks to a partnership between South African clothing retailer and – one of SA’s biggest home loans provider – First National Bank. The partnership will provide personal loans in excess of R10 000 and home loans for both first-time buyers and customers already in the housing market. Edgars explains that it was a logical step for the company to move from providing many of …

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Beat the Interest Rate Hike

South African Home Loan tips: The major SA mortgage lenders have raised their prime lending rates from 11.5% to 12% following the announcement from the South African Reserve Bank that it will be increasing the Repo rate by 50 basis points. This means that for a R300 000 South African Home Loan you will now be paying about R100 extra every month – in interest – towards your bond. But here’s how you can beat the interest rate hike, and …

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Home Loans South Africa

5 ways to save thousands on your South African Home Loan repayments and pay it off quicker For most South Africans Home Loans are often the biggest financial commitment they’ll ever have, but it doesn’t have to restrict your lifestyle. You’re about to find out how to get your Mortgage to work for you, and how you can save yourself thousands. Home Loans South Africa #1 Monitor Interest Rates: As a homeowner you should be consistently monitoring interest rate movements. …

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Your Online Bond Originator

SA Mortgage / Bond Origination Explained: Shopping round for the best Bond deal can be very time consuming and frustrating. And since your mortgage is one of the biggest financial commitments you want to be use you’re getting the lowest rate. Bond Originators have completely changed the way South Africans are applying for their mortgage finance. By applying through a mortgage originator you’re more likely to secure a better interest rate on your bond and you’ll definitely get your bond …

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SA Home Loans Interest Only

Best Mortgage advice: It’s all over TV, the Radio and the internet and it’s sparked your interest, now you want to know more about the SA Home Loans Interest only option. Let me begin by saying that SA HomeLoans is not really looking out for the client’s best interest with this scheme. They’re offering you the option of paying off only the interest option of your bond installments every month. Remember, When some financial scheme sounds too good to be …

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