Can South Africans Get a Better Bond Home Loan? Calculator and Contact Details
Better Bond Home loans: A wonderful choice for your housing needs
There are certain steps you need to follow so as to obtain the loan of your dreams with Better Bond Home loans. Which is why, in this article you will be given tons of information regarding those steps, some tips and also contact details of Better Bond Home loans, which is present in South Africa and can be contacted by many means, such as phone, email, or at a local branch to get personalized attention. I am sure you will really benefit from this article
1. PRE QUALIFICATION
-What is the prequalification for Better Bond Home loans?
This stage is super easy to be completed and it is a great chance of knowing beforehand whether you can afford a Home loan or not. It gives you the precise quantity of money you are allowed to pay back. Moreover, it offers customers a certain degree of credibility when they are facing sellers of their future houses. So, it is totally recommended that you have with you all your personal and financial data, which will serve as proofs of your financial status and will be pieces of information carefully examined by the members of the company once they are submitted.
What steps make up this procedure?
A.Contacting the company once you have decided that you need a Home loan
Undergo the prequalification process and submit the different documentation, so that the company can assess on your situation. Once that step is done, the company can give you a certificate that will last 3 months. So, by knowing the amount of money you can afford, you are more than ready to apply for the Home loan.
c. The moment you have found the home of your dreams and you can select an offer to purchase it, you will contact the members of the company so that they can give you advice regarding the application. So, the offer plus the application are sent to the company. Then, Better Bond will give the different banks your documentation and choose the best deal possible to buy your house.
2. CHOOSE THE HOUSE OF YOUR DREAMS
There are certain tips you might have into account when selecting your future home:
+Calculate how much money you will need to spend, because you need to make sure you can afford all the different costs hat come along with a loan
+Make sure you can use as much as 28% of your salary so as to make the different payments
+Take into consideration for how much time will you live in the home you want to acquire. For instance, if you plan to stay for more than 5 years in that house, you have the chance of building equity on it to pay the company back and also the state agent that deals the process. Moreover, you can purchase an additional home too.
+Take into account the neighborhood and the people around it, so it is a good way to experience the context in which you would live. Pay attention also to the different furniture you might need to incorporate in your home and its costs.
+Take into account the costs of moving from one place to the other
+Find an area that matches your lifestyle and has a good reputation in terms of security. Bear in mind if the area chosen has different places to socialize or is one that is near from parks, restaurants, libraries, etc. It can also happen that you look for a home where there are schools nearby, which is really good for your children
+Try to negotiate in good terms, remember that most buyers look to give their homes to a family or a buyer that really looks forward to living there
3. SEND YOUR OFFER TO PURCHASE THE HOUSE YOU WANT
The moment you know how much money you can afford together with the different details I mentioned above, according to your lifestyle, then you are ready to submit one offer. How is that possible? By getting in touch with members of the company that will surely assist you during the entire application for your Home loan.
Once you have submitted the application, Better Bond will deliver it to the most important banks and find the best deal so that you do not waste lots of money on procedures and paperwork.
4. FINANCING THE HOUSE OF YOUR DREAMS
As an example, if you are looking for competitive interest rates and you want a loan of about R 3000 000, the company can give you a loan whose rates are of 0, 5% and will enable you to save some money on the application as well. How much money? About R 1000. And, you will be given financing periods of 20 years, which is a lot.
In the website of the company, users can try the online calculator to see more examples and there they will need to select the total amount they want to obtain, their monthly income, net monthly income, expenses, repayments and then the interest rates.
CONTACT DETAILS OF BETTERBOND HOME LOANS
Contacting this company in South Africa turns out to be really simple and effective, since there are multiple means of communications South Africans can resort to:
-One of the local branches of this company can be found near Johannesburg, in Randburg, whose address is 17 Alice Street.It is in the area of Windsor West.
-Another local branch of Better Bond is located in Porth Elizabeth, inside Newton Park. The address is 35 3rd Avenue
In the following chart to are given data about a branch in Rustenburg:
R 3000 000
Competitive fixed rates
0800 007 112
Rustenburg. 161 Kruger Street
Mondays to Fridays. 09:00 am to 06:00 pm
South African and updated documents
Find the best loan of South Africa
If you are the type of client that favors technology and likes to get connected to companies through internet, you can enter the company´s official website so as to download its app and use it, or you can try the calculator found there. You can also fill in a form with your data so as to prequalify and you have access to the different addresses of branches around the country.
You can phone the company on this number: 0800 007 111
Questions and answers
Can I call on weekends?
Only on weekdays
What are repayments?
The payments you make each month for the loan, also called installments