FNB, established in 1838, is the oldest financial institution in South Africa. They offer personal,…
FNB, established in 1838, is the oldest financial institution in South Africa. They offer personal, private, business, commercial and corporate banking. They also offer loans and insurance.
You can use FNB Home Loans to buy your dream home, combining your transactional account with your property finance needs, building a new home and renovating. The traditional home loan assists the customer with finance when purchasing an existing residential property. It may be combined with a range of additional facilities and options to personalise your home loan.
The FNB Home Loans one account is a Cheque account with a large overdraft secured by residential property. Your facility is your borrowing limit. This does away with the need for separate cheque and home loan accounts, thus replacing them with one Account.
The FNB buildings loan is a loan to take out in the process of building a house.It allows you to buy in selected new residential developments with a choice of design, price and finishes that will suit your needs. You have the ability to build, alter, redecorate and increase the value of your property if you have just bought a property and do not have funds at your disposal. FNB will control payout on progress payments as per your instruction and Interest is charged on the outstanding balance and not the total loan amount.
FNB Home Loans smart bond gives you 100% bond finance with no deposit required, a free comprehensive home-ownership program and the option of fixing the interest rate for a 5-year period. Furthermore, you get access to additional funds by applying for a Smart Bond Re-advance or Smart Bond Further Bond and an opportunity to buy a house within a network of developments.