Mortgage Home Loans

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.

Lower interest rates & 100% bonds boost property prices

The lowering of interest rates has historically had a delayed effect on property prices. It was no different this time around. According to the latest ABSA House Price Index, low interest rates has been one of the major reasons for the recent increase in property prices.

Nedbank Opens Its Doors To 100% HomeLoans

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.

No Deposit 110% home loans return

ABSA Home Loans: No Deposit 110% home loans return image by warrenski Following closely after Standard Banks’ announcement to relax its lending criteria and offer bigger mortgages, ABSA bank released a statement saying that the country’s largest home loan provider is now offering 110% Bonds. These 110% ABSA home loans are only available to lower income [...]

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.

FNB announces the reintroduction of 95% Homeloans, with immemdiate effect

FNB made two important announcements today. The first and most positive is that home loan deposit requirements have been lowered from 10% to only 5%. These 95% bonds are available to properties under R1.5million, and are based on both the risk profile of the applicants and the property.

Nedbank reintroduces 100% Home Loans

After the downward turn of the local economy, and the immense pressure our banks are under, many thought that the era of 100% home loan has left our shores for good. But in a surprising move yesterday Nedbank released a notice to announce a new home loan offering. The bank has reintroduced 100% bonds. The [...]