ABSA HOME LOANS:
ABSA is one of the leading SA home loan providers. Their combination of flexible and affordable mortgages has contributed to the fact that ABSA a first choice for many homeowners.
Applying for a homeloan will often seem like a daunting task and many new homeowners are not aware of the different options available or how one type of home loan is better suited for their particular needs.
Below youâ€™ll find a description of the two most popular types of bonds offered by ABSA.
First Time Home Loan – Absaâ€™s tailor-made solution for the 1st time homebuyer. You can get a loan of up to 108% – the additional 8% to cover the transfer and registration costs. Save money in interest by paying of the cost portion of the loan over a shorter period.
My Home – Absaâ€™s MyHome is a home loan package structured for home buyers who earn a single or joint monthly income of R6, 000 or less.
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