What is your rental per month?
Does it look cheaper to you to rent than to buy?
R700 000 - R5 136
R800 000 - R5 900
R900 000 - R6 600
R1 000 000 - R7 338
R1 200 000 - R8 805
R1 500 000 - R11 006
R2 000 000 - R14 675
R2 500 000 - R18 344
R3 000 000 - R 22 013
Please make contact with us to see what you qualify for and we will gladly help you to find your dream home to suit your pocket.
Question: What is a
Pre-Qualification?
Answer: A pre qualification gives your client an estimated amount they can qualify for to buy a property but this is still subjected to a full credit assessment.
Question: What is a
Pre-Approval?
Answer: A pre approval tells your client what they actually can borrow but is also subjected
to a few factors - such as:
- Deposit if needed
- Property Valuation
BUT A FEW touch points to take into consideration when applying for a bond:
YOUR FINANCIAL FITNESS is very very important:
- How and when are your bills being paid
- How much debt they you liable for.
- Your credit behaviour against borrowers - in other words, how much money do you owe others? Examples are Clothing accounts, cell phone accounts etc.
Most credit providers do not just look at your clients credit score but also take
other factors into consideration such as:
- Employment history
- Income
- An affordability assessment
- Payment profile history (24 months)
What do we need from you to get a
pre-approval?
- Id copy
- 3 Months Payslips
- 3 Months Bank Statements
- Monthly Income and Expenses
- Experian Consent Form (we will provide you with this form)
- Additional documents and information may be required when your income is not the same each and every month, like for instance when you earn commission.
- Additional documents and information will also be required if you are self-employed and the process will take longer.
