Home Loans South Africa

Tag Archive: absa home loans

Absa lends up to 100 percent home loan

Posted by | Filed Under: Content - Published on August 30, 2011

Absa lends up to 100 percent home loan
http://www.property24.com/articles/absa-lends-up-to-100-percent-home-loan/13990

Absa says it is still giving 100 percent loan-to-value to would-be home buyers even in this market but only if they qualify.

According to Sifiso Shongwe, managing executive of Absa Home Loans, loans are being granted across the board to applicants who qualify - meaning they have a good credit rating.

“Since the National Credit Act came into effect, the dynamics have changed and as banks, we have to exercise responsible lending,” says Shongwe.

ABSA First-time Home Loan

Posted by | Filed Under: ABSA Home Loans - Published on June 30, 2009

This uniquely structured facility assists first-time home buyers to fund the transfer and registration costs via their home loan.

Even though one home loan is granted, the account is set up in such a way that the cost portion is separate from the purchase price. By structuring costs over a shorter repayment period means you pay less interest, however, you can select any term as long as it doesn’t exceed the term of your primary loan.

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Absa Home Loans

Posted by | Filed Under: ABSA Home Loans - Published on June 30, 2009

Over 130 Years of Experience

Although these days more and more people are entering the property market, the financial decisions surrounding buying a house can make it a daunting task. For many people buying a house will be the single biggest investment they will make in their life and therefore it is important for first-time buyers to choose a home loan that will best suit their financial needs. By having more than 130 years of experience in home loans, it is thus simply logical that more and more South Africans are choosing Absa home loans to assist them in home ownership.

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