Get your perfect home with an Absa Home Loan, whether if it is a freestanding house, a flat, a townhouse or vacant land. You can apply now for a home loan through Absa.
Once you have found you dream home, choose a flexible repayment term of up to 30 years with Absa Home Loan. As well as choose either a fixed or variable interest rate option to suit your needs.
Other benefits of the Absa home loan are that you can easily apply online for the loan and track your application online, from submission to registration. ◦Immediate access to any extra payments you’ve made into your bond with Flexi Reserve and protect your home with Absa Home Owners Comprehensive Insurance.
There’s also Absa Home Loan Protector Policy that pays off your home loan in the event of your death. And get electronic access to your home loan with Absa Online. Register for Absa Cash Rewards to get rewarded by just going about your day and earn back real cash rewards to spend any way you choose.
Also use ReAdvance and Further Advance, together with a Multiplan as your homes market value increases to access available equity in your home. These are cost-effective way to finance other purchases (consolidate your more expensive debt into your home loan) through the use of the MultiPlan product option.
The funds can then be used for any purpose, from home improvements, education, to dream holidays.
Ensure that you have all of the necessary supporting documents when approaching the bank of Absa for a home loan.
The offer to purchase
- Your original barcoded ID book
- Load a debit order repayment instruction
- Your latest salary advice (or income statement if self-employed)
- A single or joint gross monthly household income of less than R20 001
- 3 months’ payslips and/or bank statements if banking with First National Bank (FNB), Nedbank or Standard Bank
Developing and maintaining a good credit record also staying away from credit while your home loan is pending. Not leaving any details out and being honest when completing your application will assist you when applying for your home loan.