Diligence and perseverance got you to where you are, and you are probably looking forward to accomplishing your next achievement, owning a property. Nothing says you’ve made it like buying your first home, and an Absa Home Loan for young Professionals can help you secure it.

 

Terms and conditions

Young Professionals Home Loan

 

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Get up to a 105% home loan

You can get up to 105% bond for a property valued at R1.8million or less.

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Discounted Bond Registration Costs

Receive a 50% discount on your Absa Panel Attorney Bond Registration costs. 

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An Attorney comes to you

An attorney will visit you to sign your documents.

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Insurance products you need

We have the insurance products that you need to protect your family, your property and your belongings.

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What to expect and how to get it

  • What you get

    • Personalised insurance with Absa Insurance Company. Insure your home and household contents at a competitive premium with our Homeowners Insurance
    • If you are an Absa Rewards member, you get even more benefits:
      • 10% cash back on MyTelnet home connectivity products and services
      • 10% cash back on Fidelity ADT’s monthly subscriptions
    • To receive these great benefits from our Rewards partners, join Absa Rewards here

  • Added benefits

    • Flexible repayment terms of up to 20 years
    • A choice of a variable or fixed interest rate
    • Access to Financial Planning consultations by simply sending an e-mail to: Virtualadviser@absa.co.za who will offer a consultation or needs analysis on:
      • Savings and Investments
      • Insurance and Risk protection
      • Retirement Planning
      • Wills and Trusts
    • Private Banking for Young Professionals offers exclusive features, benefits and lifestyle offers just for you. 
    • For more information, call Private Assist on the 24-hour helpline on 0860 553 553

  • What you need

    Note, the originals of the documents listed below will be verified by the Attorney during their process.

    • Fully completed Offer To Purchase (OTP) with the following details:
      • Seller details
      • Purchaser details
      • Correct property description
      • NOTE: the full OTP will be obtained at the attorney to validate the following:
      • Purchase price
      • Signed by the seller and the purchaser and relevant witness
      • Contact details of the seller
      • Copy of your 3 year degree at NQF level 7 or higher
    • Copy of your green barcoded ID, smartcard (copied both sides), passport
    • Copy of marriage / divorce certificate if surname in identity document differs to surname on application
    • Proof of residence
    • Latest payslip (Only one (1) required for salaried individuals)
    • Three (3) months bank statements required evidencing latest three (3) salary deposits. NOTE: For Absa customers, statements can be sourced internally
    • If commission / overtime earned / Subsistence allowance / shift allowance or travel allowance – Six (6) months consecutive payslips to be provided

Need more help?

Let one of our property 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

Help with home loan payment plans: bondrs@absa.co.za

Homeowners comprehensive insurance: adminhoc@absa.co.za

Home loan protector plans: polserv@absa.co.za

Visit your nearest branch