ABSA
Before you take out a ABSA home loan is necessary to know the different types of home loans provided by ABSA
Firstly there is the ABSA mortgage. This is the main home loan product provided by ABSA that can be loaded with options and value-adds to suit your lifestyle.
The first-time home loan is for all the first time home buyers which offers a unique payment structure that will allow you to pay the additional amount, you’ll receive over a period of time.
The MyHome Loan option is for home buyers who earn a joint monthly income of between R1500 and R7 500.
ABSA’s building loan finances the construction of residential buildings and caters for the purchase of the stand where needed.
The bridging finance option allows you access to a portion of the profit from your old home. You can use this option if you take out a second home mortgage as well.
The last one is the Home Loan Value- Adds option. This option will assist in creating the perfect ABSA mortgage solution for you as ABSA boasts a number of value-adding products and services.
