How to get it and what you can expect
- A 25% reduction on your home loan initiation fees.
- On registration of your bond, 0.5% cash back on the value of your new home loan up to a maximum of R6 000.
- You can make additional payments at any stage, which will immediately reduce your interest cost.
- Home loan repayment terms of up to 30 years (can be reduced or increased at any time at no cost).
- You can have electronic access to your Home Loan via Absa Online and Telephone Banking if you have an Absa transactional account.
- Absa provides a financial planning consultation with a qualified adviser, to consider the following for customers: a Will, a Life Policy, Packaged Insurance for your motor and home, and Retirement Planning. Send an email to firstname.lastname@example.org and an adviser will call the customer back
- Waiver of 90 day early termination charge on the existing Absa Home Loan account which is to be settled, the calculation of the early termination charge will be the difference between three (3) months and the period of notice of settlement, if any, given by the customer.
- Get free eStatements.
- Absa Cash Rewards.
- Track your application online, from submission to registration.
- The Variable interest rate is linked to the bank’s mortgage lending rate and it changes as the prime interest rate changes.
- Fixed interest rates are only available after registration of your bond.
- You can also track your application online, from submission to registration.
- A valid, bar-coded South African identity document
- An offer to purchase (if purchasing a property)
- Your latest salary advice (or income statement if self-employed)
- Provide consent to request three (3) months bank statements if banking with First National Bank (FNB), Nedbank or Standard Bank, otherwise provide three (3) months bank statement
Need more help?
Let one of our property experts call you back.
Call us on:
General account enquiries: email@example.com
Home loan applications: firstname.lastname@example.org
Help with home loan payment plans: email@example.com
Homeowners comprehensive insurance: firstname.lastname@example.org
Home loan protector plans: email@example.com