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- 100% Home Loans available
- Absa, Fnb, Standard Bank, Nedbank
- Quick Turnaround Times
- Free Services / No Hidden Cost
Further Advances
- Absa, Fnb, Standard Bank, Nedbank
- Bank Valuations included.
- Quick Turnaround Times
- Progress feedback on applications
Building Loans
- Building loans available from banks
- Free Service / No Hidden Cost
- NAMO Registered
- Apply today - Totally free
Inhouse Mortgage Origination
Property Shop preferred Bond originator of choice is BondPlus Online. For more information on Bondplus Online please visit their website.
Buying a home is exciting, but can
also be a time of anxiety and apprehension. Whether you
are buying a home for the first time or thinking about a
second home, you're bound to have some questions.
Even if you've done it before, It's always a good idea
to plan ahead and make your moving experience easier.
The interactive calculators will help you make the best
decision. The Affordability Calculator will qualify your
affordabilty and confirm your monthly installments. The Bond Registration and
Transfer Cost Calculator allows you to calculate the
'hidden costs' associated with home financing and their
impact on the final loan amount you require.
When it comes to home financing, there are a variety of
Home Loan Options and Interest Rate Options to choose
from. How do you find the loan that's best for you?
Browse through these options online, or complete our
Contact page to have an experienced Bondplus Online
consultant contact you.
It's as easy as 1-2-3!
1. Determine affordability.
2. Determine which interest rate option suits you best.
3. Apply online .
Phone No: 0861-112-532 or Fax: 0866 333 097
E -mail:
dan@bondplusonline.co.za
What is Mortgage Origination? FAQ.
Bond originators give you independent advice on choosing a home loan and help you obtain it without the hassle of doing all the legwork yourself - we answer some commonly asked questions
What is mortgage origination?
Basically, it is the business of negotiating on the behalf
of a prospective property owner, a home loan with a bank.
Some originators, like BondPlus Online offer services that may
help a buyer, like advice on estate agents in the area, how
to complete the sale agreement, etc.
Why do I need a mortgage originator?
Because your home purchase is probably the most expensive
one you'll make in your life, the home loan itself is an
important financial decision and the benefit to be gained
from making a correct choice can amount to savings of
hundreds of thousands of rands over the life of the loan.
Is choosing a home loan really that difficult?
All home loans differ from one another and each bank may
evaluate your worth differently, so it is not as simple as
shopping around for what appears to be the best interest
rate in the market. Each bank has varying credit policies
that cater for different claim circumstances. BondPlus
Online
has knowledge of all banks' products and will advise you on
the type of loan that best suits you. They will negotiate
with the banks on your behalf to get the best rate for that
product.
I've heard that this service is free - is this correct?
Indeed, the service is free for the home buyer. BondPlus
Online
receives a fee from the bank for doing the groundwork on
the loan and thereby reducing the bank's costs. The bank
is, by law, not allowed to add this cost to the amount of
the loan, so you won't pay more than if you approached the
bank yourself.
Isn't it easier to just get my home loan from my regular
bank?
Your bank will encourage you to keep all your finances
under one roof, so to speak - but at what cost? Because
BondPlus Online originates loans for all major banks, this
offers you, the buyer choice and by being able to compare
various products and rate offers, you get the best home
loan deal in the end.
How do I know if I'm getting good advice?
The professionalism of the originator will quickly become
evident, so make sure you are dealing with someone who can
explain their recommendation clearly and are credible.
Check their track record and only deal with an originator
that is a member of the National Association of Mortgage
Originators (NAMO).
Must I accept any of the packages they offer?
No - you have not entered into an agreement with the
originator, other than to give them the information they
need to get quotations from the banks. You still make the
final decision whether or not to accept their offer.
Once I've accepted their recommendation, what happens?
BondPlus Online will submit your applications together with the
relevant documentation, such as copies of your ID and
salary advice, to the bank agreed on and advise you once
your loan has been approved. A good originator should also
keep you informed all the way through to registration and
liaise with the conveyancing attorney on the loan's
progress.
