Does Investec offer Home Loans? | Calculate Affordability

Does Investec offer Home Loans? | Calculate Affordability

Owning your house allows you to enjoy freedom to do what you want. Not having to pay for a rent every month would definitely be a relief. However, what if you don’t have a house of your own and want to start building your future? A home loan can be the first step in achieving that freedom. Our mission is to introduce you to Investechome loans in South Africa. So, get comfy and read this article to learn all about them.

Does Investec Offer Home Loans?

Investec is a financial company that was founded in 1974 in Johannesburg. In 1980, this company was granted a banking license and from that moment onwards, it started growing and expanding to become an international organization. We are talking about a national company that made its ways to markets in countries such as Australia, Ireland, and the United Kingdom, to name a few.

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This company is a specialist when it comes to financial solutions for businesses. However, they also cater the needs of individuals for credit. If you are tired of having to think about rent every month, or if you just can’t bear the idea of moving out again and again, consider Investec home loans as an option. This company is not only trustworthy since it scrupulously observes the rules enforced by the NCR, but also it is a national company that offers South Africans meaningful employment. Below you will learn the specifics about Investec Home Loans.

3 Characteristics that Make Investec Mortgage Loans an Amazing Option

Taking out a home loan is a huge decision that can change your life for the better. However, since a mortgage implies a long-term commitment, it is advisable that you give it considerable thought and that you waive all the options available in order to find the best suit. Why? Well, because if you make a bad call regarding a home loan, this life-changing decision can turn into a nightmare.

For this reason, it is important for you to consider only banks that are duly registered with the NCR and that have a history of trustworthiness and success in the credit market. This is the case of Investec. Here we will show you 3 characteristics of the loans offered by this company that can help you choose them as your home loan provider:

  1. Investec finances the total amount of the property you want to buy
  2. They offer flexible options for repayments, and if you want to make advance payments or slump sums, you can absolutely do so and settle the home loan sooner than expected
  3. If you pay the installments through debit order, there will be no administration fee

Are Investec Home Loan Requirements Different from other Banks?

Investec will appoint one of their staff members to take care of all the details of your home loan. This person will be there to help you every single step of the way. Moreover, this company has customer-tailored service. Depending on your needs and financial situation, your home loan will be adjusted to meet all your demands.

For this reason, there are no specifications regarding requirements to apply for a loan at Investec. Your private banker appointed by Investec will indicate this information to you after you provide them with your personal and financial information and the amount of money you would need to buy the house.  

What the bank needs to know is if you are an employee or if you run your own business, how much money you earn each month, how your credit history is, and so on. Most banks requests the following documents:

  • Your ID proving that you are over 18 years old and that you are a resident of South Africa
  • Payslips and bank statements (most credit companies request the last three)
  • A document proving your address

Are Investec Home Loan Interest Rates Convenient?

Investec offers convenient interest rates. However, the exact interest rate that they will offer you will vary on the basis of your credit history and financial situation. After you start your application and give them all documents they requested, Investec will perform a credit check on you to see what kind of interest rate they can provide you with.

If you wish to compare loans offered by different credit lending companies, you could check out our loan comparator. This tool created by our amazing team of technicians and developers will show you the approximate fees set by these companies. With our calculator you can also start your application process online!

2 Benefits of Using a Home Loan Calculator before Applying at Investec

At the beginning of this article, we said that if you do not think through your home loan decision, it might make you go through hard times. This has to do with the fact that these loans are much longer than, say, personal loans. When you take out a mortgage, you’re bound to repay it for 10 or 20 years. So, you must make the right call so that your mind is at peace throughout all these years.

An excellent way of assessing if a home loan is the right thing for you is using home loans calculators. Surely you are familiar with how they work; let’s see what its benefits are.

  1. With a home loan calculator, you will be able to see approximate how much money you will end up paying for the loan
  2. Also, you will find out the estimate number of your installments

This information will be a great start for you to analyze if you will be able to comfortably repay the loan without placing any unnecessary economic burden on yourself or your family.  

Investec is a trustful credit lender where you can safely apply for a home loan to start building the future you always dreamed of. What did you lean here? You were shown that Investec offers home loans at convenient interest rates. The reasons that make Investec home loans such a great option were also explained. Finally, you were introduced to the benefits of using a home loan calculator. There are many options in South Africa when it comes to home loans, but we’re confident enough that Investec might be the best one for you. 

Preguntas Frecuentes

How can I get a quote?

By calling the company

Are insurances available?

Yes, there are many

Can I open a credit online?

Sure you can

How much must I earn per month to qualify for a home loan?

There are no specific requirements for clients to satisfy in relation to earnings in order to apply for a home loan with Investec, apart from proof of income and ID. You need to provide all your details as regards your personal and financial situation, as well as the amount of money you wish to obtain. Depending on these factors, your home loan will be adjusted to your situation. 

Good evening. I'm interested in a building loan. All paperwork in order. Do you finance building of brick and mortar only? I'm interested in a log home or modular home.

If you are interested in obtaining a building loan with INVESTEC and you want to have a log or modular home, you should check the building policies with the company. Usually, this bank provides loans to buy houses. Some of these organizations can be quite flexible as regards the type of houses (building material) clients can have. For sure, a staff member can help you out with this. 

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