Let us help you pay for those bond registration and transfer costs…
Have your home loan services & bridging finance managed by one company.
What do you mean I don’t qualify for 108% loan? How am I supposed to pay for my bond registration and transfer costs? I can’t just fork out R40 000! Plus attorneys charge an absolute fortune for bridging finance.
Well we have the perfect solution for you!
Definition: Bridging finance is the finance that attorneys and financial institutes provide to clients who cannot afford the bond registration costs that are included with registering and bond.
As you may or may not know, 108% loans or first time buyer loans, are loans made available to first time buyers. Only a selected and lucky few get their costs included when applying for a home loan the second time. As we all know, money is never free of charge and the banks are the first people to make sure that you know this. On a bond of R850 000 your costs are broken down as follows:
Bond Costs: (For an explanation of these costs please see bond registration and transfer costs explained)
Transfer Costs: (For an explanation of these costs please see bond registration and transfer costs explained)
Not everyone has R40 000.00 available to pay for these costs. That’s where we come in. IT’S THAT SIMPLE.
*TERMS AND CONDITIONS APPLY