Blue Finance

Blue FinanceBlue Finance

Ladies and gentleman welcome to the revolution of the home loans industry in South Africa. Blue finance in conjunction with Wizard home loans are here to offer clients100% home loans!

This is great initiative and one that Blue home loans have jumped onto. A lack of 100% loans offered by the banks are banking rules and restrictions as tight as a ducks backside at the moment, Blue finance is a total breath of fresh air.

So what are you waiting for?

Submit Your Application Today! Click Here! 

Blue home loans loan restrictions

Although Blue finance do offer Blue personal loans and blue debt consolidation products, Wizard are focusing on their home loan offerings.

Max Bond Amount: R400 000
Min Bond Amount: R20 000

Max Loan Term – 20 years
Min Loan Term – 12 years

Max Joint Income: R25 000
Min Single Income: R1750

Blue finance borrower features

Only SA Citizens ( NO FOREINGERS)

Permanent residents
Older than 18 years
Valid ID documents (SA Bar Code)
NO SA Citizens working abroad / overseas

Blue finance home loan employment borrower rules

These are the house rules for blue finance home loan applications:

Permanently employed with accredited employer
Formal employment sector – 1 year continuous at current employer / or
2 years continuous at last 2 employers
NO unemployed people
NO persons with no contractual capacity
NO persons under administration
NO Un rehabilitated insolvents
NO contract workers
NO temporary employees
NO applicants without bank accounts

Blue Finance home loan products

Blue home loans are restricted to the following loan types:

Building loans for new houses
Existing residential properties
Sectional title units
Only 2 applicants income will be taken into account

INTEREST RATE – prime plus only depending on clients credit record.

SWITCHES – Prime plus 2 only (6 months bond statements required)
Debt consolidation – prime plus only

Blue Finance approved attorney panel

Registration will be blue finance attorneys
JJ Horn (PTA)
Namford (JHB)

Transfer attorneys – Your choice

Once AIP given – Original bank statements, payslips, and original signed applications to be delivered to any branch, before final grant!

Blue finance 188 Branches around SA

Blue home loans bond application  or call them on Call 0860 00 2583

Other bond originators include:
Bond Choice 
ooba Mortgage SA and Pam Golding 
Loanlink Broker Services
Wizard Home Loans 
Sa Home Loans