Financial assistance to purchase a property is granted in the form of a loan secured by a mortgage bond to be registered in favour of the Bank or institution granting the loan.

All the leading banks in South Africa offer a variety of home loan options and it is best to approach a mortgage originator when considering the type of home loan which best suits your needs.

Mortgage originators are changing the way home loans are processed in South Africa. They put back the bargaining power in favour of the average home owner. You complete your online application, which is much quicker and a lot less hassle, and they submit your application to all the major home loan providers (ABSA , Nedbank, Standard Bank and FNB) on your behalf, and best of all, they negotiate the rates offered. By having your application submitted to all major home loan providers simultaneously you are guaranteed the lowest rates on your loan because they are all competing for your business!

Once you receive your quotes, you select the loan you wish to process your home loan. The mortgage originators begin the home loan process by setting up everything you’ll need before submitting the formal application to the loan provider.

For Mortgage Originators try IBO Home Loans or Business Originators.

Recent years has seen the introduction of many new Home Loan providers. The only way to ensure that you are getting the best interest rate on your mortgage is to approach as many Mortgage companies as possible.

For a more traditional approach to home loan applications, you might wish to visit our Mortgage Lenders Links page for further details on what each of the major home loan providers have to offer. Click on the logo of the bank you wish to find more information about.

Start looking for a home to buy....click here.