By having all your documentation ready it will make the home loan process much faster. Here is what you will need to apply for your…
Category: Applying for a Bond
You are interested in buying a property. Now What?
Here are some steps to help guide you through the process: What are you looking for? Start by making a list of what your property…
Home-buying market showing resilience, for now
Interest rate-induced demand remains strong; internal data shows bias toward middle-income segments. Data from the FNB Estate Agents Survey and FNB’s Property Valuers database both…
Calculate Your Transfer and Bond Costs
A property transfer duty is a tax payable by buyers of all types of properties and is over and above the selling price. Click here…
How to Improve your credit score to buy a property
It has been established for a long time that most South Africans are battling under the weight of debt. Individuals and households have continued to…
Are you getting the best home loan rate if you’re only applying to your bank?
You may be a loyal customer and believe that as such you’ll be offered the best home loan rate by your bank. But how can…
How to get a home loan if your bank declined your application
Article summary: Bond applicants do not get preferential treatment by going direct, as banks are governed by the National Credit Act and lending is regulated.…
How to clear your credit record before applying for a bond
A credit report reflects your financial health: what you spend your income on, whether you can afford the debt you have, and whether any lender…
The Advantage of a Deposit
38% of bank approvals are currently subject to a lower offer – there is therefore an increasing need for homebuyers to have a deposit available…
Getting it right, first time
An O-YES Consultant takes pride in his/her professionalism and would never prejudice service delivery to the homebuyer, lead provider or the banks by submitting an…
Your bond has been approved. What happens now?
You’ve found your dream home, made an offer, it’s been accepted and your bond has been approved. It’s all extremely exciting, but there’s still a…
Deposit or 100% bond?
There are many benefits to putting down a deposit for your first home, but in today’s tough economic climate, it may be more realistic to…
Clear Credit Record Necessary when Applying for a Bond
According to the Credit Bureau Monitor’s 2010 4th quarter report only 53.3% (9.90 million) of the 18.51 million credit-active consumers in South Africa were classified…
What is a good credit score if you want to buy a house?
If you want to know what your chances are of securing a home loan you’ll want to know what is a good credit score in…
The first-time home buyers’ introduction to bond registration
From signing the offer to purchase to the payment of your home loan, ooba’s easy guide takes you through the process of registering your bond…