Make your dream home a reality when you apply for a Standard Bank home loan. Whether you are buying your first home, building or developing Standard Bank will be able to assist. You can also apply if you are looking at switching your existing bond for a better deal.
How much you qualify for will depend on your credit record and affordability. To get an idea of the amount of Standard Bank home loan you qualify for you make use of the calculators found on the Standard Bank website. These calculators are designed to give you an indication and do not guarantee the amount that will be approved.
One benefit if that your individual circumstances are taken into consideration. You will get personalised interest rates.
With the right advisers, buying a property can be an easy process. Standard Bank will give you the professional advice you need from start to finish. This will ensure everything goes smoothly.
Steps Involved In Applying For A Home Loan
1. Work Out What you Can Afford – To get an idea you can make use of home loan calculators.
2. Decide How Much To Borrow – You can get up to 100% of the property’s purchase price.
3. Find You Dream Home – This is an exciting part when you go looking for the right home for you. You can make use of property websites.
4. Make An Offer To Purchase – Once you have found the right home you can make an offer to purchase. The seller needs to sign this offer as it will be required with your application.
5. Apply For A Home Loan – You can apply on your own or jointly with your spouse or partner.
6. Insure Your Home – You will need building insurance for the duration of the home loan.
Requirements To Apply For A Standard Bank Home Loan
The following list consists of some and not all of the requirements from Standard Bank. For a full comprehensive list you can contact them using the details listed below.
- You must be 18 years or older
- A Single or joint gross monthly income of R3 500 or more
- You income is deposited into a bank account
- Latest payslip
- 3 months bank statements if you do not bank with Standard bank
Standard Bank Home Loan Contact Details
For more information on how to get a Standard Bank home loan you can visit their website www.standardbank.co.za or call them on 0860 500 000. You can also send a email to firstname.lastname@example.org and a consultant will get back to you.