Absa home loan products

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Flexireserve

FlexiReserve is an Absa Home Loan option that allows you to withdraw the funds available in your Home Loan account when you need it.

Advance portion: This allows you to withdraw the additional funds paid into your bond.

Apply for this facility at your nearest Absa branch and Normal credit criteria will apply.

Re-Advance

Should you wish NOT to use the Flexi Reserve option and you require funds as a once-off event, you may apply for a Re advance. This is a not the same as a further advance.

Further Advance

Register a higher amount on your bond and have access to that equity.

This means that your property must have increased in value to allow for the registration of a further bond (if required) over the additional value or that you use the funds via a building loan process to improve your property.