Edgars and Jet customers now have easier to access to home loans through FNB, that is thanks to a partnership between South African clothing retailer and – one of SA’s biggest home loans provider – First National Bank.
The partnership will provide personal loans in excess of R10 000 and home loans for both first-time buyers and customers already in the housing market.
Edgars explains that it was a logical step for the company to move from providing many of their customers with their first line of credit into the home loan space, helping them buy their first house.
But, will you really get the best Home Loan Deal through Edgars:
For many new homeowners securing finance is one of their biggest worries, and by applying for a home loan through Edgars or Jet you’re restricting yourself to one Financial Instituation – FNB Home Loans.
By applying for a home loan through a Mortgage Origination Company you can ensure that you’ll be getting the best home loan deal because your application is submitted to all the banks.
Mortgage Innovations is able to secure you’re Bond approval within days and we’ll negotiate with all the banks for a lowest rates and lowest monthly repayment options.
Note this is a completely free service – you never have to pay us any extra costs.
I would like to switch from Nedbank Home Loans for a better interest rate.
I have a Edgards Home loan bond that is now taken over at FNB.
Please can someone assist or contact me as I need assitance with the paper work.
My bond is currently with Standard Bank(Sectional Title). I requested further funds from them and was told that there is no value in the property. However the same units are selling for R100 000 more than the bank valuation. I have been calling them for over a month with no success. What are other options available? Please note that i need to give them 3 months notice should I wish to switch.
Dan
Hi Jody,
When clients request to switch their homeloans our main focus is to get a better interest rate, and a larger bond amount if it is requested. The interest rate you’ll receive is based on your loan amount, property value and other factors. After talking on your bond consultant you’ll receive a preliminary interest rate quotation and a clear description of how much you’ll save on your bond repayments.
Our house bond is currently with ABSA I would like to switch what interest rates will you offer me and I would like to take out a large amount would that be possible?