Once you have decided where to apply for your bond and which option suits you best it's time to present the following important documents.
Improve your chances of obtaining finance for your home by supplying all the correct information.
• Proof of income
• Copy of your South African ID or passport
• Copy of signed Offer to Purchase
• Proof of current residential address
• Official salary slip or stamped bank statement (either option needs to show history for the last 3 months)
Remember, to qualify for a home loan you have to:
• Be over 21 years of age
• Have been employed permanently for a minimum of 6 months
• Have no judgments or defaults on your credit profile
• Earn above the minimum salary requirement as set out by your chosen Bank
