Loan-to-Value

How to secure a 100% Home Loan

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.

No Deposit 110% home loans return

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

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.

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 […]

Banks tighten their Home Loan Lending Policies

Banks tighten their Home Loan Lending Policies

Previously, new home buyers were able to secure a full mortgage bond of up to 108% (to help cover costs) from all the big banks. As of 23rd Oct 2008, Standard Bank Home Loans division will only be granting Mortgage Loans to a maximum of 95% of the property value.

New Home Loan Lending Policy for South Africa

New Home Loan Lending Policy for South Africa

South African Home Loan providers have responded to the current high interest rate climate and slow property market by tightening their mortgage lending criteria. FNB and ABSA home loans have lowered their Loan-to-Value limits from 108% to a maximum of 100% [...]

No Deposit 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 Mortgage News: 100% home loans Updated October 09: Note this information has been updated to […]

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