Are you dreaming of owning your first home in South Africa? We've got fantastic news for you! Exclusive offers from top banks are making homeownership a reality for first-time buyers. It's time to take the leap and unlock the door to your dream home!
Now, you can include the majority of transfer and bond registration costs in your home loan. Plus, enjoy generous discounts specifically for first-time buyers. (Terms and conditions apply.)
100% + Cost Home Loans for First-Time Buyers
Affording a deposit can be tricky, especially if you don’t already own a home to sell as a down payment. Consider applying for a 100% home loan, which removes the need for a deposit. While there are benefits to putting down a deposit, today’s tough economic climate might make a 100% bond a more realistic option for first-time buyers. Banks are willing to approve 100% bonds — and even 110% loans that cover the associated bond and transfer costs — if you have a clean credit history and can comfortably afford the monthly repayments.
First-Time Buyers Have Less Complicated Transactions
Another perk of being a first-time buyer is that your offer might have a better chance of being accepted over a repeat buyer who has made an offer contingent on the sale of their current home. Fewer suspensive conditions make your offer more appealing to sellers. Having pre-approval on home finance will make your offer stand out even more.
Don't miss out on this incredible opportunity—make your dream of homeownership come true today!