Finance your Home

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ReAdvance

Absa ReAdvance is an excellent way of getting hold of additional funds at preferential home loan rates. You are able to withdraw the difference between the outstanding balance on your home loan and the total home loan that was granted to you, as a once-off event. This is provided that the property value has increased over time.

ReAdvance could be the right choice if you:

Would like to extend or improve your home
Want to use your home loan interest rate to finance other purchases
Want to use the equity in your home to settle your debt

Did You Know?

With FurtherAdvance, if the value of your property has increased or you want to improve your property, you can register a higher amount on your bond and have access to that equity.

What you get?

To withdraw the difference between the outstanding balance on your home loan and the total home loan that was granted to you, as a once-off event
Funds that can be used for any purpose, such as home improvements, education or debt settlement
Access to available funds at the preferential home loan interest rate
Early access to funds if you are accessing the enhanced value of your property