Looking for a new home or home loan?

Mortgage Plus Bond Originators will negotiate with the banks on your behalf to get you the best home loan deal – not only a good rate, but a loan that’s structured to suit your financial situation and future needs. 100% free of charge!

At Mortgage Experts specialise in Mortgages, New Home Loans, First Time Home Buyer Loans, Building Loans, Further Loans, Bond Switches and Commercial Loans.

Furthermore, Mortgage Plus is also rated one of South Africa’s Top Bond Originators.

We know that purchasing a new home, or taking out a mortgage “home loan” on your existing home, is a rather costly activity and therefore all the available options need to be considered before an adequate final decision can be made concerning the home loan which is most ideal for you.

After operating in the home loan industry in South Africa for a number of years, Mortgage Plus has been able to build up the experience and thus the expertise necessary for giving the best assistance to those looking to take out a Home loan or Mortgage on a property in South Africa

We consequently become a specialist in the field of home loans with more and more people in South Africa coming to us for our expertly reliable home loan assistance services.

It should be noted that Mortgage Plus is not a bank or an estate agency but is a bond originator who will assist you by starting the bond application process on your behalf.

Mortgage Plus will find the right deal for you. Guaranteed!

The benefits of using our services:

• 100% Free service – Applicable to Absa Bank, Nedbank, First National Bank and Standard Bank SA
• 20% Discount on attorney fees
• We do the work for you
• High success rate in getting mortgage loans approved
• Save time and money
• Expert Advice
• 11 financial institutions to choose from

What steps are involved?

1. House hunting
2. Sign offer to purchase.
3. Seller accepts offer.
4. Contact MORTGAGE PLUS on 0861 1111 93
5. Financial Institution will confirm requirements.
6. Property Valuation done by bank.
7. Decision taken by bank.
8. Final approval. (Letter of Grant within 4 to 5 days)
9. Registration attorney instructed to attend to the registration.
10. Customer to sign documents at 2 sets of attorneys.
11. Home loan registered in buyers name at Deeds Office.

So, why go anywhere else for your home loan needs!

Sit back and relax while we do the work for you and get you the home loan at a rate that you deserve! Guaranteed!

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

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

011.327.4489 / 0861 1111 93

morne@mortgagepluscc.co.za

www.mortgagepluscc.co.za

Professional Home Loan Advice

Buying a home is certainly not an everyday or even frequent event for most South Africans, and many aspirant homeowners are at a real loss when it comes to applying for and obtaining mortgage finance.

“In fact, even repeat buyers may struggle with this because the market has changed so much since many of them bought their current homes, and the ‘rules’ for obtaining a home loan are so different now.

“Consequently, it’s a really good idea to seek advice and help from an originator such as Mortgage Plus before you even begin house hunting, because we do so much more for potential buyers than just process home loan applications.”

Very importantly, a good originator is able to help the prospective borrower understand how much home finance he or she is likely to qualify for, by undertaking a proper affordability assessment. This includes carefully checking bank statements, salary slips and tax returns as well as the borrower’s credit history, cash available and ability to really afford monthly home loan repayments without hardship.

“And on the basis of this assessment, potential buyers can gauge very accurately what property price range to target when they do go house hunting, so that they don’t waste time looking at homes they cannot afford, and are spared the embarrassment of making an offer only to have their home loan application refused on affordability grounds.

“In some cases, Mortgage Plus are able to help prospective borrowers improve their chances of obtaining finance by suggesting that they first save up a deposit, or perhaps take the time to repair a damaged credit record.” Other important advice available from mortgage originators concerns the size of any deposit that is likely to be required – which not only varies from bank to bank but can also depend on the purchase price of the property – as well as the total cost of the potential purchase, including transfer costs and the interest on the home loan.

“For example, on a R 1 million purchase made with a 100% loan, the transfer costs including duty, bond registration and attorney fees would amount to some R 45 000, while the interest payable on the loan over 20 years would be some R 1,2 million.

“If the potential buyer were to pay a 10% deposit, the transfer costs would only be reduced by about R 1000, but the interest payable over 20 years would be R 1,05 million – a big saving. In addition, some banks might then be willing to grant the loan at a lower interest rate, which would mean even bigger savings.”

Meanwhile, loan consultants working for Mortgage Plus Bond Originators know exactly what information and paperwork is required by each bank when an application is submitted, and can ensure that each application has the very best chance of succeeding.

“Indeed, while only about 50% of applications are initially approved by lenders, Mortgage Plus is able to get a further 16% approved by giving potential borrowers the proper advice, and by individually motivating the applications and sometimes submitting them to more than one bank.

“They are thus able to show a 66% success rate, which is especially relevant for self-employed individuals, for whom it is particularly difficult to get a loan at the moment.

And of course our help is free to the borrower, and unbiased as to any particular financial institution.”

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