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Our Home Loan Consultants specialises in Mortgages, Bonds, New Home Loans, Building Loans, Further Loans, Bond Switches and Debt Consolidation Home Loans in South Africa. Click Here to go to The Mortgage Plus Website.
or
For more Information call Morne Prinsloo on 011.327.4489


Tag: DEBT CONSOLIDATION LOANS

 

 

 

Home owners, your financial troubles can be a thing of the past….

If you have been declined for a home loan due to a poor credit rating or because you have too much debt, but have sufficient value in your property, then contact us immediately!

At Mortgage Plus we provide financial solutions tailored to meet your needs.

To apply for your Debt Consolidation Loan

CONTACT US ON:
Call us on 011.327.4489
Email: morne@mortgagepluscc.co.za

Complete this short form online

www.mortgagepluscc.co.za



 

Debt Consolidation Loans

www.mortgagepluscc.co.za

What is Debt Consolidation?

Mortgage Plus through Aspire utilises its own funding to provide you with one loan to settle your debts, even if you have a poor credit profile.

A home loan is secured against your property and carries one of the lowest
interest rates. The aim of debt consolidation is to increase the amount of the
existing home loan and use this amount to settle your debts. This should
improve your monthly cash flow due to the lower interest rates and finance
charges offered on home loans.

How Does It Work?

We loan you the amount you require and use this amount to settle your debts
You remain the owner of the property
Judgements that have been taken against you are rescinded
Your credit bureau profile is improved dramatically
Once your credit bureau profile has improved, we apply for an additional home loan.
Our loan is repaid by the bank that grants you the additional home loan.

What are the Requirements?

Your debt must be more than R30 000
Your gross monthly household income must be more than of R8 500
You must have sufficient equity in your property – minimum property value of R200 000
A maximum home loan of 75% of the current market value of your
property is applicable (including your existing home loan)
Your monthly home loan repayment cannot exceed 30% of your gross monthly household income

We will need a copy of the following from you:

ID document
Marriage certificate (if applicable)
Anti-nuptial contract (if applicable)
3 Months bank statements
6 Months bond statements
3 Months salary slips
Latest rates account
Latest water & electricity account
CONTACT US

Speak to a home loan consultant about financing your new property or reviewing your existing mortgage. We are able to assist in lowering your bond repayments and securing attorney discounts.

Complete this short form online
Call us on 011.327.4489
Email: morne@mortgagepluscc.co.za

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