01/06/2026
š¦ āNdifumene 80% home loan offer... maybe ndimele ndithenge indlu engabizi kakhulu?ā
Not necessarily.
This is one of the biggest misunderstandings I see from buyers.
If the bank approves only 80% of the property value ngenxa ye-credit score yakho okanye risk profile, then dropping the purchase price doesnāt automatically fix the problem.
Example:
š House price: R1.5 million
š¦ Bank offers 80%
Many buyers think, āOkay, ndiza kuthenga i-house ye-R1.2 million instead.ā
But the bank may still offer only 80% because the restriction is linked to your credit profile, hayi necessarily the property price.
So even on the cheaper property, usenokufuna idipozithi.
Yiyo loo nto kubalulekile ukuqonda WHY the bank made the decision before changing your property search.
Sometimes itās not an affordability issue.
Sometimes itās a credit scoring issue.
Watch Phatisa explain the difference. š
