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Home Loan Pre-Qualification
It is very disappointing to find that home that you have been searching for only to find out that you cannot afford it, whether it be that the bond repayments are too high or due to a problem with your credit rating.
Fortunately this can be avoided with the process of getting pre-qualified – a free and quick process.
So what is pre-qualification? Basically you can get a certificate that is valid for a certain amount of time, say a few months and it states the amount you can purchase for. A credit check is also done with your consent. It is generally based on income – individual or joint. There is no obligation for you take a home loan as this is simply a tool to guide you.
One of the biggest benefits of this pre-qualification is that you don’t end up looking at properties that are beyond your means, resulting in disappointment. It also speeds up the process of getting your bond. Sellers will be more convinced to accept your offer if it is backed by this certificate.
Get PRE-QUALIFIED today with Mortgage Plus, One of South Africa’s leading bond originators
Please contact us if you require any further information or would like to apply for finance:
Complete this short form online
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