There are several preferred misunderstandings from the to buy a property that may be a little off-putting for the first time family customer. The content below unpacks a few of the most useful household-to find myths there are on your own journey to your as a bona fide home owner.
Myth#1: I can just submit an application for home financing out of a lender
Untrue. If you’re banking companies certainly are the traditional go-to’ to have family funds, SA Mortgage brokers try another, specialist home loan supplier that has been doing work when you look at the South Africa due to the fact 1999. We provide versatile lending options, within aggressive rates, and just have assisted over 100 one hundred thousand South Africans using their residential loans.
Myth #2: My personal mortgage application could have been refuted: my hopes for to invest in a home is more than
Untrue. The prevailing concern that to possess a bond app becoming rejected try an enthusiastic applicant’s lowest credit score. Borrowing from the bank team utilize this score to find out an applicant’s credit history. (más…)