Home Loan and Business owners

[Jehosefat]

I don't know what you've been told but my numbers are from the published Pillar 3 disclosures available on the bank's websites.

I know you guys have the biggest commercial property book ahead of Investec though.

Sources:
Standard Bank Page 35 and page 46
ABSA Page 12
Nedbank Page 42

 

[Lungile7]

I had better results doing it myself. The originator refused to go back to the banks to get a better rate.

Hi everyone, I desperately need a home loan. I've been having problems with landlord and I can take it anymore changing landlord. I don't earn that much, my salary before deduction is around R7700p/m and I'm looking for cheap house's in townships(Cape Town) around R150k what are my chances in getting a loan/bond I'm not about my record once borrowed R2000 loan and paid it well.

 

[rietrot]

You should qualify for that. There are some government programs to also help you. The banks would require that you buy an actual house or flat with a title/semi-title unit, not a shack. So good luck finding something for R150k

 

[SauRoNZA]

Hi everyone, I desperately need a home loan. I've been having problems with landlord and I can take it anymore changing landlord. I don't earn that much, my salary before deduction is around R7700p/m and I'm looking for cheap house's in townships(Cape Town) around R150k what are my chances in getting a loan/bond I'm not about my record once borrowed R2000 loan and paid it well.

How do you plan to buy a house and a car and have anything left?

 

[Lungile7]

How do you plan to buy a house and a car and have anything left?

Thanks Rietrot, please also feel free to share some links/contacts for government programs
@SauRonza
A car was not that urgent, I was exploring my options on buying car that's not expensive while renting, which I thought would create more options/chances to quality for dream house in the future but with the problems I have with renting... Getting a cheap house take priority.

 

[rietrot]

Thanks Rietrot, please also feel free to share some links/contacts for government programs
@SauRonza
A car was not that urgent, I was exploring my options on buying car that's not expensive while renting, which I thought would create more options/chances to quality for dream house in the future but with the problems I have with renting... Getting a cheap house take priority.

https://www.nhfc.co.za/Products-and-Services/how-flisp-works.html

The estate agents,banks and bond originators all know about it and should also help you, its more businesses for them as it makes it easier for you to get a bond.
Flisp.