Home Loans

How to secure a 100% Home Loan

Which banks are offering are currently offering full 100% bonds? The four major mortgage providers in South Africa are regularly changing their lending criteria.

Nedbank Opens Its Doors To 100% HomeLoans

As of Sept. 29 Nebank will be offering 100% bonds on normal property purchases up to a value of R3million. While, All Nedbank Owned Property purchases still qualify for a full 100 percent bond.

No Deposit 110% home loans return

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 UPDATE: ABSA HOME LOANS have extended their 110% Home Loans offer. Click Here: What are [...]

100 Percent Home Loans – how to secure one

The quick return of 100% mortgages has surprised many property finance experts. Although the return has been quick, it has also been very cautious. Banks such as ABSA, FNB and Nedbank are all offering no deposit homeloans again. The only difference is the terms and conditions regarding these bonds.

FNB announces the reintroduction of 95% Homeloans, with immemdiate effect

FNB made two important announcements today. The first and most positive is that home loan deposit requirements have been lowered from 10% to only 5%. These 95% bonds are available to properties under R1.5million, and are based on both the risk profile of the applicants and the property.

Nedbank reintroduces 100% Home Loans

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 [...]

ABSA Home Loans ask buyers for even bigger deposits now

  Home Loan Lending Policy: ABSA, Nedbank tighten mortgage lending Nedbank and ABSA Home Loans have further tightened their mortgage lending criteria, effective 1 Dec 2008. ABSA – SA’s largest home loan provider – has lowered their maximum home loan to 85% of the property value / purchase price. While, Nedbank homeloans are only offering [...]