If you’re buying a home, you’ll be following the following steps in getting your new bond through Mortgage Plus:

• Arm yourself with information – Use our handy Mortgage Calculators to give you an idea of what home loan you could qualify for and what size mortgage bond you can afford.
• Apply on-line and / or
• Speak to a specialist home loan consultant – Call your closest branch or our Contact Centre on 011.327.4489 to discuss your needs with our specialist consultants who can advise you on the products that suit your specific needs.
• Confirm your credit status and see what you can afford – our consultants will assist you to clarify your credit worthiness and affordability for a new home loan.
• No-obligation proposal – We’ll prepare a no-obligation proposal for you including all the costs, interest rates and mortgage installment for you to evaluate and review.
• Sign the Acceptance – Once you sign your acceptance of the offer, we take care of all the red-tape. You just need to send us some documentation and we take care of the rest.  Your consultant will do all the leg-work and will guide you and manage the process, step-by-step.
• Property Valuation – A Valuator will call at your convenience to value your property.
• Conveyancing – Our national panel of attorneys will prepare all the necessary bond registration documents and will contact you to make an appointment to sign all the documentation.
• Lodgment – Lodging your bond registration is the next step and happens immediately after you sign your papers at the attorney. Re-registration can be effected within 45 days. We’ll keep you posted.
• Registration – Once registered, you can look forward to the ongoing amazing service which our client services team offers you over the life of your bond. If your needs change, your home loan will keep pace with you and your lifestyle.

What documentation is required?

If you are employed, you’ll need to provide us with the following documentation:

• Proof of income: your latest salary advice. If you earn commission or overtime, please provide the latest three salary advices. (For both applicants if applicable)
• Three months personal bank statements. (For both applicants if applicable)
• Copy of your ID document. (For both applicants if applicable)
• Copy of Marriage Certificate or ANC Contract. (If applicable)
• Copy of the Purchase Agreement.

If you are self employed, you’ll need to provide us with the following documentation:

• Proof of income: Letter of Drawings from an Accountant. (For all applicants if applicable)
• Six months personal bank statements. (For all applicants if applicable)
• Six months business account bank statements.
• Last two years’ Financial Statements.
• Copy of your ID document. (For all applicants if applicable)
• Copy of Marriage Certificate or ANC Contract. (If applicable)
• Copy of Registration Documents or Trust Deed. (Whichever is applicable)
• Copy of Purchase Agreement.

How long does approval take?

• Approximately five working days
• Approval in Principle takes two working days
• Valuation takes approximately three working days

By choosing Mortgage Plus for a loan, you will get that continual service to make sure you are getting the best deal possible.

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

www.mortgagepluscc.co.za

1. The bond originator will do the application process with every bank. The mortgage originator will collect all the necessary documentation and setup your application, saving you time and money!

2. It’s one bond form. No more. This will be submitted to all the banks on your behalf by the bond originators. Submission to multiple banks is not really seen as a good things in the mortgage industry, it’s generally only submitted to a second or third bank should the first decline. This is the difference between a GOOD and a BAD bond originator.

3. Originators almost guarantee you better rates than the rates you’ll get should you go directly through a bank. Originator have relationships with the banks and home loans departments which they often use to get clients better rates.

4. Bond originators are FREE. All payments made to originators are made by the banks. Be very wary of bond originators that charge a fee.

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

www.mortgagepluscc.co.za