● Proof of income

● Copy of ID

● Marital status

● Marriage certificate (if applicable)

● Employment status

● Proof of income

Yes, we can assist you in applying for a home loan. To get assistance in your application, contact a ZA Fin.

The process for applying for a home loan in South Africa typically includes the following steps:

1. You will gather all the required documentation and submit it to ZA Fin along with your application.

2. We will submit your application it to the banks.

3. Banks will undergo a credit check and property evaluation.

4. We will negotiate loan terms and interest rates on your behalf with the banks.

5. We will discuss the offerings with you, which you may choose to accept or reject.

6. If you accept their offering, we will then accept it with the bank, and the bank will begin their bond process.

It can take between 1 to 5 days after ALL documentation has been received and submitted to the banks.
Note: this may vary slightly depending on the turnaround time of the banks.

To qualify for a home loan in South Africa, you will typically need to meet the following requirements:

● Have a stable income and credit history

● Provide proof of income and ID

● Meet the lender’s credit criteria

Receiving a loan from the bank in South Africa can vary depending on:

● The area of the property

● The affordability of the buyer

● The credit-standing of the buyer

● The criteria of you as the client as well as the property: banks can lend between 100-105%. If you’re a first-time homebuyer, you can get a portion of your costs. If you’re not a first-time homebuyer, the product won’t be available to you.
Note: The loan amount is also market-related and economy-related.

In terms of an application from ZA Fin, there are zero fees. However, from a home loan perspective, you will pay an admin fee with the bank once you’ve accepted the offering.