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.
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 100% and 110% Bonds After the downward turn of the local and world economy, and the immense pressure [...]
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.
Nedbank Win R50 000 - with a Nedbank Homeloan - which if it's paid into your home loan account could save you over R250 000 in interest payments[...]
Email Newsletter |
| Waiting for the next Interest Rate Cut? |
|---|
Subscribe to the email newsletter and be first to know - its free.Click Here |
