SA Home Loans started granting bonds to South Africans since 1999 and since then has grown it's client base rapidly due to their innovative way of looking at home loans.
Some of the advantages of using SA Home Loans to get a bond approval are:
1. Criteria
They differ from normal commercial banks in that they will still consider you for a loan if you've had credit problems before, however, they need to be paid up and you must have the proof.
They have taken the stance that they will simply price the loan according to the client's criteria, but won't just give a NO if there is merit in the application.
Pricing the home loan would involve approving it at a higher interest rate or granting a lower amount or both, because of the risk involved.
Therefore, the applicant may only get a 80% bond.
2. Flexible Packages
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