Home Loans Direct

Home Loans Direct Since 2001, we have secured millions of Rands in home loans for our clients across South Africa. Why Home Loans Direct?

Negotiating a home loan can be a complicated and time-consuming process. This is when you need the experts on your side. We know the banks, understand the system and will hunt down the best deal for you. We're skilled negotiators and masters at presenting your application in the best possible way. Dealing with an expert saves you the hassle of duplication of forms, fine print and all the red tape

that goes with applying for a home loan. Use Home Loans Direct for a streamlined home loan approval process, we will get you the best deal, quickly. Here Is What We Offer:

We handle the entire home loan application process on your behalf free of charge! Applications to all major banks: ABSA, FNB, Nedbank and Standard Bank
We negotiate the best possible interest rate for you
Professional Service
Discounted Registration And Transfer Fees *
Saving You Hours Standing In Line At Each Bank
Negotiation And Motivation Of Applications

14/05/2014

In 2012, a report revealed that in Johannesburg, Sandton is the wealthy home buyers’ location with top suburbs such as Sandhurst, Bryanston, Hyde Park and Houghton being the firm favorites.

12/05/2014

One of the best areas to buy property in Cape Town - Pinelands

“Pinelands’ big attractions are that it is only 12km from the city and on a major suburban train line and it is largely self-contained, with its own schools, shopping centres and sports clubs – and it has a great community spirit

Homes in Pinelands are 30 to 40 years old, with four or five bedrooms and average about of R2.5 million.

09/05/2014

Procedure in applying for a bond

To ascertain the amount you qualify for, do a pre-approval.
Put in an offer on a property. (This should be lower than the amount you qualify for)
Once offer is accepted by Seller, your Offer to Purchase is final.
NOW you are ready to apply for a bond!
Contact Home Loans Direct to assist you with your formal bond application.
You will be provided with a list of documents that you need to provide to the bond originator;
Forms will be e-mailed to you for completion.
Once all required documents are completed and sent to Home Loans Direct, we shall apply on your behalf at Standard Bank, Absa Bank, First National Bank and Nedbank.
*(Please note that we can only apply at Nedbank if you have a bank account with Nedbank, alternatively, a motor vehicle financed with Nedbank).
The bond originator at Home Loans Direct will submit your bond application to the various banks.
Approximately 3 to 5 days after your bond application has been submitted to the various banks, we shall receive feedback from the various banks and get back to you.
Once we obtained a bond on your behalf, the attorneys will be instructed to proceed with the preparation and registration of your bond.
At any time during the process, you are welcome to make contact with the bond originator to assist you with any queries.
The procedure of registration of a bond, which is linked with a transfer of a property, takes approximately 3 months.

07/05/2014

Required Documents:

A copy of your valid Identity Document *
Your latest payslip *
A 3-month bank statement if not banking with FNB
A 12- month bank statement, if you are self-employed and not banking with FNB
Details of the property you are buying e.g. an Offer to Purchase

05/05/2014

To qualify you will need to:

Be formally or self-employed
Have your salary/income paid into a bank account
Be a South African citizen
Have no judgments and/or defaults for more than R1 000 in the last 12 months
Ensure that your property is acceptable for lending purposes
Pay your bond instalment via a debit order or payroll deduction facility
Be able to afford your bond instalments including:
Current expenses and other monthly debt instalments
The new expenses relating to the new home you are buying

30/04/2014

A small increase on a homeowner’s monthly bond repayment can make a big difference in the amount of time it takes to pay off the bond.

28/04/2014

If you don’t meet the qualifications for a mortgage loan, don’t get discouraged. Instead, let it be motivation to improve your credit and finances. Many people have risen above credit problems, bankruptcy, foreclosure, and repossession specifically in order to purchase their first house. Just be sure to implement a realistic plan and stick to it.

25/04/2014

But even if you’re approved for a mortgage with consumer debt, it’s important to avoid new debt while going through the mortgage process. Lenders re-check your credit before closing, and if your credit report reveals additional or new debts, this can stop the mortgage closing.
As a rule, avoid any major purchases until after you’ve closed on the mortgage loan. This can include financing a new car, purchasing home appliances with your credit card, or cosigning someone’s loan.

23/04/2014

Sticking with your employer while going through the home buying process is crucial. Any changes to your employment or income status can stop or greatly delay the mortgage process.
Lenders approve your home loan based on the information provided in your application. Taking a lower-paying job or quitting your job to become self-employed throws a wrench in the plans, and lenders must reevaluate your finances to see if you still qualify for the loan.

21/04/2014

Remember to look at the big picture. While buying a house is a great way to build wealth, maintaining your investment can be labor-intensive and expensive. When unexpected costs for new appliances, roof repairs and plumbing problems crop up, there's no landlord to turn to, and these costs can drain your bank account.

18/04/2014

Working out how much you can afford when buying a home is simple. Your bond repayments shouldn't exceed 30% of your monthly income.

16/04/2014

Your first step before entering into the property market should be saving towards a home deposit.

Address

Durbanville

Telephone

+27861999621

Website

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