Nedbank Home Loan – Buying a home can be very exciting and scary at the same time. It is exciting because it’s bye-bye to renting and the chance to own property. It is also scary because there is so much to do, the wonder of where to look and who to approach for financing. Nedbank answers all questions and also makes it simpler to get the right affordable home.
Nedbank’s home loan products cater for their clients’ needs, making sure that they get the perfect home. Loans are available to individuals, companies and close corporations. Clients can get repayment periods of up to 25 years with the option of variable or fixed interest rates. Nedbank’s loan products include Ordinary Home Loan, Building Loan and HomeVision. First time buyers are walked through the whole process, Ordinary Home Loans are tailored to the client’s individual needs and HomeVision allows clients to access funds at a later stage.
Nedbank’s online application is paperless from start to finish and the bond can be approved within hours. It is hassle-free, simple and quick which means that clients can anytime from anywhere. Clients also get regular feedback through e-mail and SMS to ensure that they are up to date with the progress of their loan application. Nedbank also offers self-service banking and eStatements so that clients can take control and manage their accounts.
Nedbank offers a Loan Protection Plan that covers the clients’ home loan plans in the case of death or disability and a home owner’s insurance to cover clients against unforeseen events. Clients can also get great deals from Nedbank’s Owned Properties that were acquired by Nedbank at a public auction and are available for sale to the public.
Clients applying for a Nedbank home loan must earn a single or joint gross monthly income of at least R2 500 and the property value must exceed R100 000. Clients are also expected to have a clear credit record and must submit supporting document. A Nedbank home loan can be applied for online at www.nedbank.co.za or fill in the online call-me-back from and a Nedbank consultant will call them back. Clients can also visit their nearest Nedbank branch for more details.