Mortgage Origination is a service to home buyers requiring finance for their home purchase. The service is free and you benefit from independent advice, fast approvals and competitive home loan deals from all of the major financial institutions.

18 reasons why homebuyers should use an originator:

1. Secure approvals: better chance of approval by submitting to multiple lenders (ABSA, Nedbank, FNB, Sanlam, Ithala Bank, Blue Financial Services and The National Housing Finance Corporation)

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

7. No obligation: no obligation to accept any loan sourced

8. Expertise: home 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 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 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: Mortgage Plus home finance experts are committed to securing your loan

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

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

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

Prospective homeowners should explore their options prior to signing on the dotted line of a mortgage agreement. Probably the most critical thing to know and understand when acquiring a Home loan is to know what the various terms mean. This can be accomplished easily by asking a lot of questions and asking your estate agent to explain everything to you. Plus, some online browsing can turn up the answers to most of the questions that you might have.It’s important to look at the different types of Home loans that are available and to understand the differences among them. From a fixed rate, to a variable rate, to an interest only mortgage, the choices are many and the difference between them is big. If you don’t understand what a particular type of mortgage loan means in terms of monthly payments, as well as the duration of the payments, then you shouldn’t be signing on the dotted line.

Potential buyers should also understand the various terms or words that are employed when dealing with real estate.

If the mortgage loan that you are getting is a first time home loan, then it is the primary loan and the primary lien holder. This means that the lender of this specific loan holds the first claim against the property for repayment of the loan holder’s debt.

Home loans can be obtained at banks or with the help of a mortgage broker. Each lender assesses their own schedule of fees, offers their own range of interest rates, and their own selection of Home loan packages.

In order to qualify for a home loan, potential borrowers will need to go through a pre-qualification screening. During this stage, each borrower is expected to bring a number of financial documents to verify their information. Once they pass that stage, they will continue with the application process. Additional paperwork is completed and processed.

In order to receive approval for a home loan, the potential borrower needs to provide the following pieces of information: terms of employment, income level, level of debt, age of the applicants, and the type of home that is the intended object of purchase. Plus, the current interest rate and the size of the deposit can all influence whether or not the potential borrower is approved for the loan. The valuation of the home will also come into play as well.

When buying a home, it’s important not to bite off more than you can chew. If a homeowner fails to pay on his home loan, the lender can repossess the home and the homeowner is left with nothing, except maybe bad credit.

To apply for a loan you will have to fill out a short application form. You will then receive a FREE quote from well established, nationally recognized lenders. You do not need to decide now whether the loan is for you.

Just apply and compare the repayments to your current situation. There is no obligation on your part. If you decide that it is not for you, you simply do not have to accept the offer. You have nothing to lose and everything to gain.

Click Here – Application

011.327.4489 morne@mortgagepluscc.co.za

                      www.mortgagepluscc.co.za