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Banks now offering 100% Home Loans again
Banks now offering 100% Home Loans again
South Africa is one of the more fortunate countries that is not in recession anymore. With the worst of the crisis behind them, South African banks have become more generous when considering applicants and are starting to offer 100% home loans again.
Worcester,
Western Cape,
South Africa
(pr4links.com)
26/08/2010
"South Africa is one of the more fortunate countries that is not in recession anymore. With the worst of the crisis behind them"
South Africa is one of the more fortunate countries that is not in recession anymore. With the worst of the crisis behind them, South African banks have become more generous when considering applicants and are starting to offer 100% home loans again. This however does not mean that everyone has a hundred percent chance of qualifying for one. According to the latest statistics available, only half of the applicants were approved for a 100% loan and that too was subject to a deposit being paid.
With the housing market recovering gradually, an increase in requests for home loans is expected. This however will only be a dream for many, if they try to get it on their own. There are several aspects that have to be looked into before applying for one and unless you hire a loan negotiator to do the hard work for you, your chances of securing a loan could be very limited. http://SecuBond.co.za who has much experience in dealing with banks to negotiate on behalf of clients are said to have a high rate of success in getting loans approved and is considered to be the company to help you in the process.
When contacted to find out more, SecuBond was only too pleased to tell us what they have been up to since their bond origination firm was established in 2006. According to them, they are one of South Africa’s top bond originators who have walked away with many awards for their success rate in getting loans approved for their clients. “SecuBond” say that they are specialized in services such as Personal loans, Commercial & Business Loans, Bridging Finance, and Switches among many others, nation wide as well as to clients abroad.
What they actually do is negotiate with the banks of behalf of their clients to not only get the best possible rate of interest but also a deal to meet the different financial requirements of each client. Their very reasonable question was “why pay extra lawyer fees when we can get a 50% discount for you?” They also added that since all the paper work was done for the client, they did not have to waste their time and energy at the bank, apart from which they also gave valuable advice to their clients on how to obtain their home loans without fuss. “We also happen to be 100% free” said “SecuBond” so what more could a client need when they have people who are willing to do everything for them to get their home loan?
What the unsuspecting client does not understand is that there is a vast procedure that has to be gone through before a bank is ready to approve a Home Loan. Other important factors such as a client’s credit rating, his monthly income and expenditure, existing debts etc. all play a big role in a Home loan being approved. Only a loan originator such as SecuBond who has the skill and expertise will know how to go about it.
Your success rate depends on how well you present your case and you would do well to get in touch with SecuBond.co.za who is in fact paid by the banks to handle clients interested in Home Loans. They might be your only chance of securing that loan you have such plans for.
Contact: David Bester
Email: pr@secubond.co.za
P.O. Box 1234, Worcester, 6849, South Africa
Tel: 281 973-6659
Website: http://secubond.co.za
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About
This new site is a must stop resources for anyone who has the desire to own a home in South Africa. www.SecuBond.co.za Can help new home buyers not only get applied for the loans that they need, but also to get approved for them. Anyone in South Africa who is looking to buy a home should make secubond.co.za there first stop on the web.
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