Articles tagged with mortgages

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• FNB goes back on its word

  FNB goes back on its word

  This morning I was lying in bed being woken by the good folks of Morning Live on SABC2. And all drowsiness dissapated at about 6:30 with an interview involving an FNB spokesman and the Banking Ombudsman of South Africa.

  Apparently, First National Bank(FNB) is going to re-assess home loans that the bank had already approved a year or more ago. The home loans that will be reconsidered include about 2000 approved mortgages that have, after a period of a year or more, not yet been registered against the title deeds of the relevant properties. The bank plans to reassess the loan applicants’ credit based on the current credit assessment standards and their current debt load and general financial position. Read the full FNB goes back on its word »

• State of the property

  State of the property

  Anyone who has been keeping an eye on residential areas in South Africa can tell you that the South African real estate market is a whole lot slower nowadays than a year or two ago. For Sale signs stand on sidewalks for months – some seemingly sprouting seedlings in the meantime – without success. Continue State of the property »

• Bond Repayment Factor Table

  Bond Repayment Factor Table

  A bond repayment factor table is a very useful tool when calculating bond amounts and bond repayments. See the full Bond Repayment Factor Table »

• Financing Your Home Purchase

  Financing Your Home Purchase

  Unless you are one of the fortunate few who can purchase a home for cash, you will need to apply for a home loan (also known as a Bond) to finance your purchase. Uncover the full Financing Your Home Purchase »