Mortgage Origination is a service to homebuyers requiring finance for their new home purchase. The service is free and you benefit from independent advice, fast approvals, and competitive home loan and commercial loan transactions from all of the major financial institutions throughout South Africa.

17 reasons why homebuyers should use Mortgage Plus Bond Originators:

1. Secure approvals: better chance of approval by submitting to multiple lenders (Absa Bank, First National Bank, Nedbank, Standard Bank, SA Home Loans, Mercantile Bank, Bank of Athens, Rand Merchant Bank, BoE Private Bank, Investec Private Bank and  BMW Home Loans)

2. Get the system to work for you: take advantage of the fact that each bank has different credit criteria, deposit requirements, documentation requirements, interest rates and turn-around times

3. Expert positioning: prepare, motivate and package the application for the best chance of approval

4. Best interest rates: banks compete for every loan application ensuring the best deal for you

5. Simultaneous submission:  direct interface to lenders systems allowing simultaneous submission of applications to multiple lenders

6. No cost: it’s a free service to the homebuyer depending on specific lender.

7. Homebuyers all agree: over 70% of all new home loans are secured using mortgage originators

8. Expertise: Our home loan finance experts have intimate knowledge of the various banks’ products, credit criteria, documentation requirements and interest rates

9. Problem escalation: dedicated senior personnel escalate any problem applications ensuring a better chance of home loan approval

10. Hassle free: one generic application form for all lenders

11. Cost savings: advice on the best way to structure the loan to reduce the total cost

12. Convenient: originator completes the application form and does all the legwork

13. Faster approvals: dedicated personnel guide the application quickly through the bank’s home loan approval process, actively chasing up progress

14. Independent advice: most appropriate home loan options from all lenders

15. Dedicated communication: one point of regular feedback on the application status for all lenders

16. Best service: professional and personalised service either face-to-face, telephonic or online

17. Commitment: our home loan finance experts are committed to securing your home loan

For further information contact Morne Prinsloo on 011 327 4489 or email morne@mortgagepluscc.co.za

If you would like to know more about your home loan services and mortgage requirements please phone the Mortgage Plus Head Office on:

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

0861.11.11.93

info@mortgagepluscc.co.za

www.mortgagepluscc.co.za

Pre-Approved mortgages and home loans

It is highly recommended that you get your mortgage loan pre-approved before you start looking for a new home. You will have a better chance of securing a new home mortgage if you are pre-approved, you want to have as many positive advantages as possible when shopping for a new home.

There are a few different types of mortgage loans for types of buyers, those who are not pre-qualified or pre-approved, those who are pre-qualified, and those who are pre-approved. In understanding the appeal of each type of buyer, you need to put yourself in the seller’s shoes. The buyer is a complete stranger who is asking that you remove your home from the market and trust that they can afford to buy it. As the seller, which type of buyer would you prefer:

Not pre-approved
These buyers provide no evidence that they can afford to purchase your property.

Pre-qualified
Pre-qualified buyers have met with a mortgage specialist and discussed their finances; income, expenses, assets and liabilities. The mortgage specialist has given the buyer a letter stating, based on financial conversation, what the buyer can afford.

Pre-approved
Pre-approved buyers have submitted a complete loan application and provided a mortgage specialist with written evidence of income, expenses, assets, liabilities and credit. All information has been verified by a lender. The mortgage specialist has provided this buyer with a pre-approval certificate stating that the buyer has been pre-approved for the loan to purchase the home. As a potential buyer, a pre-approval certificate will help you stand out to the seller, making your offer a more solid one, and giving you the competitive edge.

Never be satisfied with a verbal agreement, make sure you get all agreements in writing!

For example the seller may verbally agree to include the refrigerator in the sale, but it is not contained on the written purchase and sales agreement – you should not sign this until it is included. Only agreements that are written in a contract are enforceable – avoid oral agreements at all costs.

Please contact us if you require any further information or would like to apply for finance:

Complete this short form online

011.327.4489 / 0861 1111 93

morne@mortgagepluscc.co.za

www.mortgagepluscc.co.za