The HomeLoan market is the largest credit market in South Africa and when it comes to applying for a mortgage we are almost spoiled for choice. But who is South Africa’s largest Mortgage Provider currently?
The number of home loan providers has grown over recent years, now besides the Big Four – Nedbank, Standard Bank, FNB & ABSA – new homeowners are able to apply for bonds from companies such as SA HOMELOANS (SAHL), Standard Chartered Bank (SCB), Sanlam and Old Mutual.
But despite the wide range of options, most South Africans are choosing ABSA Home Loans. According to research house Efficient Research, ABSA providers a third of all mortgages in SA while Nedbank has been the big loser among the Big Four over the past 12 months.
Get an ABSA HOME LOAN ONLINE:
Apply Online and you’ll save time and money by getting discounts on your bond registration costs. Our consultants are available to assist you with your application. Click Now.
Why are you choosing ABSA home loans?
MyHome – ABSA’s new MyHome mortgage product provides home loan finance to households earning as little as R1500 pm while their value-added insurance products also help to offer these individuals security at affordable rates.
ABSA also offers Bridging Finance which gives you instant access to the profit you made on the sale of your home – you no longer have to wait three months for your buyers bond to register.