Contacting a Bond Originator to do your home loan rather than trying to go directly through to the Banks

Before you apply for a loan, it might be best to contact a bond originator like Morne Prinsloo the (CEO) at Mortgage Plus cc that will negotiate the terms of the loan to ensure that you get the best possible deal. Applying for a home loan / mortgage on your own might be a complex and tricky task and a bond originator can assist you in speeding up this process and raising your chances of having the loan approved in a very short amount of time.

Mortgage Plus Bond originators provide an invaluable service to the South African public when it comes to applying for a home loan. We will be able to assist you in making a sound financial decision regarding your future by helping you choose a loan that is practical and affordable and helping you to avoid the common pitfalls of applying for and accepting the first mortgage loan that comes along. Obtaining the perfect home loan for your financial situation takes careful consideration and knowledge of the home loan and financial industry in South Africa, you can obtain all of this by contacting Morne Prinsloo a bond originator at Mortgage Plus on 0861 1111 93 before applying for your loan.

A bond originator like Morne Prinsloo plays an important role when it comes to applying for a home loan. A large percentage of all home loans in South Africa are generated through this system because they assist with the entire process, from start to finish. Morne will apply for a home loan at many banks and negotiate low interest rates on your behalf and with no costs to you.

At Mortgage Plus Bond Originators we know everything there is to know about home loans and can become a vital link between the bank and you. They will submit your application to many banks and will usually do business with those that offer the applicant the lowest interest rates. In turn, they receive a fee from the Home Loan Department of the bank for bringing them new business.

Banks are becoming more bureaucratic these days because of the economic downturn in the world. In this regard, they will usually require a mountain of paperwork and a motivation as to why they should lend you the money. Mortgage Plus Bond Originators is aware of this and can ensure that you send in the correct documentation such as bank statements and a payslips, together with your application.

Mortgage Plus is a well-established originator company that is linked via the internet to all the major banks, we are able to see on the system how far your application has progressed and we are also able to find out the reasons for delays or why an application was declined by speaking to the right people.

Another important aspect of using a bond originator like Mortgage Plus is to help you pre-assess your finances to ascertain whether you are likely to qualify for a loan. We will also help you calculate the maximum amount you can apply for by taking into consideration your income status. They do this by calculating assets and liabilities, together with your monthly expenditure. Once all these factors have been considered, then an accurate assessment can be made on the amount of money you can apply for at a bank.

The thrill of buying a new home is not easily matched and many people lose their focus when it comes to financing the property. Additionally, if more than one person makes an offer on the home then you stand a great chance of losing out because you are not using an originator like Morne to speed up the process.

A Mortgage Plus bond originator will continue assisting you with all the legalities until you become the official new homeowner.

If you would like to know more about your home loan services and mortgage requirements please phone us on:

Attached please find the Home Loan Application Form * - Short Home Loan Application Form

011.327.4489 / 0861 1111 93

morne@mortgagepluscc.co.za

www.mortgagepluscc.co.za

For every individual there will inevitably come a time in their life when they will look to buy a house or property. For many this process will be a confusing and overwhelming endeavour…

However, it does not need to be an unpleasant experience. By gaining a little knowledge about the processes and administration, involved one can make sure they can secure the house of their dreams. An individual looking at buying a home should strive towards their goal but not rush or make harsh decisions during the process.

People will tell you to buy property as soon as you can, and seeing that property prices are constantly growing there is definitely truth in this statement. One should however remember that we live in a world of opportunity and that you should not be pressurised into making an offer on a property. There will be more great deals on the market, so do not be pressurised by a real estate agent or property owner when looking to buy a house.

Make sure your credit history is as clean as possible. This will ensure that you will get the best interest rate and this will help persuade the bank to approve your application. A few months before you start house hunting, get copies of your credit report. Make sure the facts are correct, and fix any problems you discover. If you have not bought anything on credit, you should look at opening a clothing account or cell phone contract to start building a credit record.

Never over-extend yourself when buying your first property (or anytime in your life for that matter) as this could lead to a financial crisis later in life. If you are set on buying a house but cannot afford the home of your dreams quite yet, rather opt for an entry-level property at first. This will allow you to save money and eventually put yourself in a position where you can buy the house of your dreams instead of being stuck with a “second best” property that crippled you financially.

Before you go house hunting, get a pre-approval from Mortgage Plus Bond Originators – 0861 1111 93. This will save you the grief of looking at houses you cannot afford and will put you in a better position to make a serious offer when you do find the right house. It is seriously advisable to obtain professional help, in the form of a real estate agent. A deposit is generally put down when purchasing a property, generally somewhere between 5 – 10% of the sale price. Sometimes loans can cover 100% of the value of the property and sometimes even more than 100% in the case of First Home Loans. Speak to a Mortgage Plus Home Loan Expert regarding the different home loan options from all the financial institutions. Home Loan Calculators : Affordability Calculator, Bond Status Calculator, Increased Instalments Calculator , Minimum Income Calculator , Monthly Payments Calculator

Look for a reputable estate agent (or agency) and allow them to do their job, they will look to secure a deal that is best for you. A real estate agent will ensure that you will be signing a comprehensive document, which does not have any hidden loopholes or unnecessary costs. Real estate agents deal with this process on a daily basis and will be able to navigate it as efficiently as possible.

It is essential that you do your homework when signing a offer to purchase for a property. By gaining, an insight in regards to what other properties in the area have recently sold for, you can ensure you place a competitive offer.

With all of this said, you should not rule out the option of renting straight away. For an individual who intends on travelling or changing jobs in the visible future, buying a house might not be the best choice. It may be beneficial to rent a property and save your unused funds towards a deposit on a house in the future. This will give you greater financial freedom and will allow you enough time to search for the right property for you.

If you would like to speak to a Professional Mortgage Specialist about your lending requirements, please phone Mortgage Plus Bond Originators on:

Complete this short form online

011.327.4489 / 0861 1111 93

morne@mortgagepluscc.co.za

www.mortgagepluscc.co.za