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Standard Bank is a leading financial services organisation founded in South Africa. They focus on…
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Standard Bank is a leading financial services organisation founded in South Africa. They focus on building the leading Africa-focused financial services organisation using their competitive advantage to the full. They have been operating for the last 150 years and offer a variety of financial services.
As a leading home loan provider, Standard Bank Home Loans are tailored to fit your pocket. Standard Bank provides loans for buying your first home, buying a new home and renovating or building a home.
For “Buying My First Home” with Standard Bank Home Loans, you can only apply on your own or with a partner if you have never owned a property before. You may qualify for a loan of up to 104% of the value of the property, provided the loan amount does not exceed R 1 million and depending on your affordability and risk profile. The “extra” 4% may only be used to pay the transfer and bond registration costs. You can repay your loan over 20 years, and the loan offers competitive interest rates.
With Standard Bank’s “Buying Again” loan, you can apply as a private individual, with other people or as a juristic entity like a trust or company. The rate options can be chosen, and they are competitive, fixed or variable. You can get a loan for up to 100% of the value of the property, depending on your affordability and risk profile and the loan can be repaid over 20 years.
Standard Bank Home Loans for renovating can be applied for as long you and your partner have not owned property. You may qualify for a loan of up to 104% of the value of the property, provided the loan amount does not exceed R 1 million and depending on your affordability and risk profile. The “extra” 4% may only be used to pay the transfer and bond registration costs. You can repay your loan over 20 years, and the loan has competitive interest rates. Take note that the loans are only available to private individuals.
Standard Bank contact details:
Address: 5 Simmonds Street
Johannesburg 2001
Tel: 0860 101 341
Email: [email protected]
Website: www.standardbank.co.za
