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Buying a home is easier than you think

Everything you need to know about buying a home, or building a home, switching your home loan or buying to let is right here! Read our articles and get all the information you need.

Get up to R25 000 cashback with Absa Home Loans

Apply for a Home Loan of R500 000 or more online and you could get up to R25 000 paid into your Rewards account. 

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What would you like to do?

Get even more with a home loan from us

There’s a home loan for all your needs. Anyone can apply and all our home loans come standard with these great benefits.

card in hand
Access to finance

You could get up to 108% finance on your home with an Absa Home Loan.

Buying a home
Flexibility

Easy online management of your home loan, repayments and access to extra money paid.

 

Buying a home
Choice

Choose between a fixed or variable interest rate. Change your term any time at no cost.

 

More about applying Apply for an Absa Home Loan

Qualify for even more discounts and benefits

Our home loans come with great benefits, see what you could qualify for.

  • Home loan of up to 108% to cover additional costs
  • 50% discount on attorney bond registration costs
  • Flexible repayment terms of up to 30 years
  • A choice of a variable or fixed interest rate
  • Free access to a professional Borrower Education Programme
  • Access to Financial Planning consultations by simply sending an e-mail to Virtualadviser@absa.co.za
  •  Apply for an Absa Homeowner's Comprehensive Insurance to cover the structure of your property.
  • Apply for an Absa Home Loan Protector Policy that pays off your home loan in the event of your death or temporary or permanent disability.
  • If you are an Absa Rewards member (or join now) you get even more benefits:
    • 10% cash back on MyTelnet home connectivity products and services
    • 10% cash back on Fidelity ADT monthly subscriptions

Terms, conditions and fees apply

Get prepared. Our Myhomeowner Journey is a free home buying course that will teach you everything you need to know about buying your first home.

 

 

Start your journey

If you earn <R34 400 gross monthly income

MyHome:

  • Home loan of up to 108% to cover additional costs
  • Free borrower education
  •  Access to insurance and retirement plans
  • You may also qualify for a government housing subsidy program – First Home Finance previously known as FLISP (Finance Linked Individual Subsidy Programme)

** Terms and conditions apply

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If you are a First Time Home Buyer 

First Time Home Buyer:

  • Home loan of up to 108% to cover additional costs
  • Access to insurance and retirement plans

** Terms and conditions apply

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Private Bank

If you have:
An Absa Private Banking account

We will give you:

  • A direct point of entry for all your Home Loan needs.
  • One-on-one specialised service.
  • The convenience you expect
  • Customised solutions to meet your needs.

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Apply for an Absa Home Loan

Get great benefits when you qualify for a MyHome or First Time Buyer Home Loan

Attorney discounts

Receive 50% discount on your Absa Panel Attorney bond registration costs. 

 

Interest rate concession

As a first-time buyer you will receive an additional concession of up to -0.50% on your variable interest rate on condition that you open an Absa cheque account (Ultimate banking, Gold bundle or Premium banking).

Take our free MyHomeowner Journey

Get prepared. Our Myhomeowner Journey is a free home buying course that will teach you everything you need to know about buying your first home.

 

 

Start your journey

Frequently Asked Questions

  • Who is the target audience for the My Homeowner Journey (MHOJ)/eLearning Platform?

    The eLearning platform is not limited to customers who are first-time home buyers, but to anyone who may be interested in understanding all aspects of home buying and homeownership.
     
    Also, the MHOJ platform is used as an alternative homeownership training method for customers who are first-time home buyers, since the Borrower’s Education Training is a condition for their home loan to be registered.

  • What do I need to successfully complete the training?

    You will need a:

    • Smartphone, computer or tablet
    • Email address
    • A good internet connection (via data or Wi-Fi)

  • How does an interested person access and register on the MHOJ Platform?

    From the Absa website, access the Home Loans page here. Scroll down until you see Take our free My Homeowner Journey, and then click on Start your journey.

    After you have clicked on Sign up, your registration will be completed, and you will receive a confirmation email. If you don’t get the email in your inbox, remember to check your junk mail/spam folder.

    Once you have confirmed your account, proceed to logon with the username and password that you created when you registered. You’ll land on the dashboard that will show you all the modules and activities that you must complete to obtain the Borrower’s Education/Homeownership Training certificate. Once you’ve completed all the modules and activities, you will receive an email with your certificate.

  • What content is covered under the My Homeowner Journey training?

    The Absa My Homeowner Journey is designed to educate first-time buyers and anyone interested in buying and owning a home. In total, the eLearning platform has four modules listed below, which are subdivided into 22 activities and 11 animated videos, thus covering key aspects of the end-to-end homeownership journey. Learning components also include activity assessments and a comprehensive survey at the end.

    The four main modules include:

    • Planning to buy a home
    • Buying my home
    • Applying for finance
    • Being a homeowner

  • How long will the training take to complete?

    • It will take approximately 90 minutes to complete the training.
    • The training is intended to be engaging and you can start, save and continue
      from where you last stopped in your eLearning journey.

  • What if I didn’t complete the training in one run, what should I do?

    The course can be completed over more than one session and the system will save your progress. You can access the course anytime.

  • What must I do with the digital certificate that I received?

    The certificate is intended to confirm that you have completed the online course.

    Customers who have Borrower’s Education as a condition for their home loan must please submit the certificate to their respective Bond Registration Attorney.

  • What if I completed my training, but did not receive my digital certificate via email?

    If you did not get an email with your certificate in your inbox, remember to check your junk mail/spam folder.

    You can also download/resend your certificate from the platform:

    • Logon first and click on the drop-down arrow at the top right-hand side of the page.
    • Click on Certificate and you will have a choice to send it via email or download.

  • Can I trust the link that I received?

    Yes, you can trust the link based on the following protection scenarios:

    • The URL (web address) must start with https – the s indicates that it is a secure website protected by a digital security certificate.

  • What must I do if the My Homeowner Journey link/URL is blocked on the device (smart phone/computer)?

    • Check whether the network where you are (at work or a café) is not blocking the site and preventing you from continuing with the online training.
    • Check with the respective IT Helpdesk.
    • Alternatively, try to access the platform using another device that has a different data connection or internet access.

  • What must I do if I am experiencing technical difficulties?

    If you are experiencing any technical issues and require support, email us on mhojhelpdesk@lrmg.co.za.

    Use the format below when compiling the email:

    • Name and surname
    • Cellphone number and email address
    • Date of birth
    • Problem experienced (add a description of the problem), e.g. "Completed training but I did not receive an email".

    Technical issues/problems can include, but are not limited to:

    • Challenges with registration and logging on
    • Platform not responding
    • Challenges with getting my certificate.

  • Who do I contact for more information?

    If you have any questions or require further information with regard to the My Homeowner Journey Platform content, send your query to HLeducation@absa.africa.

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Need more help?

Let one of our experts call you back.

Call me back

Call us on:
0860 111 007
Email us:

General account enquiries: home@absa.co.za

Home loan applications: propertyhub@absa.co.za

Battling to make home loan repayments: bondrs@absa.co.za

Homeowners comprehensive insurance: adminhoc@absa.co.za

Life insurance: polserv@absa.co.za

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