A BIT ABOUT US
0861 Home Loan focuses on arranging finance for home owners at
the lowest possible interest rate with a second bond over the
client's fixed property as security. Each application is considered
carefully on its own merit and provisional approval is granted
within 24 hours. Qualifying clients are offered financial products
to suit their individual needs. Advances on approved loans of up to
80% of the loan amount are also arranged for clients prior to bond
registration within 24 hours of signature of attorney's bond
documentation. 0861 Home Loan operates on a nationwide basis, with
head office in Pretoria.
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WHAT CAN I USE A BOND FOR?
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DEBT CONSOLIDATION
Pay off all existing credit card, store card, bank loan or hire
purchase. One low monthly instalment. Repayment term up to 20 years
to reduce your monthly costs to a minimum (you can however repay the
loan faster by paying more than your instalment). Replace high
credit card rates with one low rate loan.
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HOME IMPROVEMENTS
Treat yourself to a new kitchen, house extensions, swimming pool
or a getaway holiday. Now quotations required (unless building
loan). Loan paid directly to you, and not the contractors, giving
you more bargaining power as cash builder (unless building loan).
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CAR PURCHASE
The loan will be paid to you directly, and not the dealers,
making you a cash buyer No restriction on age or type of car Makes
private purchases possible.
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SCHOOL / UNIVERSITY FEES
Pay all school / tertiary education fees upfront.
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