Mortgage originators are people, or companies or institutions that organise a mortgage on behalf of a property buyer. This person or institution is usually a mortgage broker, a bank or a dedicated mortgage banker. The mortgage originator works with the buyer, otherwise known as the borrower, to secure the mortgage and guide the buyer through the process of concluding a mortgage deal. In simple terms, the mortgage originator acts on your behalf when you need to get a home loan.

In South Africa there are several kinds of mortgage originators and a number of different institutions that fulfill that role on behalf of the buyer, who acts as the client. In this country mortgages are more commonly known as bonds, so a mortgage originator is simply a person or institution that helps you to organise a bond so that you may buy a property. More often than not in South Africa, this will be your bank. Acting as a mortgage originator, your bank will make a loan to you in order that you may buy the property in question. The seller of the property is paid in full by the bank, and the bank grants you the loan in the form of a bond (or mortgage). You then pay the bank back in mutually agreed installments. This makes the bank the institution that is actually lending you the money – hence the term mortgage originator. In other words, the bank is the primary lender in this scenario.

Sometimes, and increasingly in South Africa, an intermediary will act as the mortgage originator. This role is one of a broker who sources the best value mortgage for you, and organises the whole process so that all you need to do is sign on the dotted line, as it were. This is similar to the traditional insurance industry model, where a broker will source an insurer for you, help you design your policy package and ensure that all the necessary paperwork is done, thus making the process simpler and less time consuming for you as a client.

One of the advantages in South Africa, and indeed across the world, of using a mortgage originator, is that this person or entity ideally does not favour any particular bank or financial institution – instead, the focus is on finding you the deal that works best for you.

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

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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.

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Mortgage Plus Bond Originators in South Africa

Mortgage Plus, your first choice for finding the mortgage that’s right for you. We understand every situation is unique and every client has individual needs, so on our website there is no such thing as a “one size fits all” home loan. We work directly with you to find the best home loan possible, allowing you the freedom to focus on finding the perfect home.

Why Mortgage Plus?

Put simply, Mortgage Plus  is your first choice for home loans because our mortgage advisors have the expertise necessary to help you find the right home loan for your specific needs. Whether you are a first time homebuyer, looking to refinance an existing home loan, or looking for financing to buy an investment property, our mortgage advisors are ready to provide you with comprehensive services.

We know the home loan marketplace in South Africa, which means we know how to get you the best deal for your individual needs. From government loan programs to banks to specialist mortgage lenders and more, our services cover the breadth and depth of home loan options available today.

Mortgage Plus will help you through the entire process from start to finish, working closely with you throughout to make certain everything proceeds smoothly and meets your expectations. You will be connected with your own personal home loan specialist who will work not only with you but also for you, acting swiftly and responsibly to ensure your best interests are at the forefront every step of the way.

All you have to do is click here ” www.mortgagepluscc.co.za “

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Call us on 011.327.4489 to find out more about how Mortgage Plus can help you achieve the dream of home ownership.

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