ABSA Bank Home Loans

ABSA bank offers a range of home loan products in South Africa. Their home loans products include the Absa Home Loan, Loyalty Home Loan, MyHome Loan, Family Springboard, Further Advance, Switch to Absa, MyHome Loan and Building Loan.

(Standard) Absa Home Loans

This home loan is for people who would like to buy a home and earn more than R23 300. Bonds are up to 30 years with repayment term variable or fixed interest rates.

ABSA Loyalty Home Loans

This type of loan is for Absa's existing customers interested in selling and buying a new home. Benefits include a 25% reduction NCA initiation fees. Customers also get an added benefit of 0.5% cash back on the value of their new home loan to the maximum of R6 000.

ABSA bank MyHome Loan

This type of home loan is for people would like to buy a home and earn less than R23 300. Customers get up to 100% home loan free and compulsory home loan training. ABSA however requires customers that do not bank with them to supply 3 months bank statements, showing the last 3 salary deposits.

ABSA Family Springboard Home Loan

Geared towards first time home buyers who do not have a deposit.
Customers ask a family member or friend to provide security through an Absa Fixed Deposit. Customers can get 100% home loans. Absa covers 30% of the attorney bond costs (max R4 200). There is also a 50% reduction on your NCA initiation fees.

ABSA Further Advance Loan

Geared for customers who would like to access funds through their home loan. As the value of your house increases over time, you can access the increased equity by taking up a further advance. You can then structure your further advance on Multiplan for easy money management and interest savings

ABSA Bank Second Bond

The bank also has the facility to borrow for a second/third home purchase. This will be based on your current home loan equity, collateral and debt on properties. ABSA huis lening 2de verband.

Switch To ABSA Home Loans

For people who would like to switch their bond to ABSA. Clients can get a zero initiation fee, which saves them R6 037.50 (VAT Incl.). Absa also gives you a negotiated discount of 30% on Absa's Panel Attorney's bond registration costs (VAT Incl.) Absa will also cover payment of the remaining attorney bond registration costs, up to a maximum of R30000 (VAT Incl.) based on the home loan amount approved and paid out.

ABSA Building Loan

Created for people who would like a loan to build a new home. You can pay builders for completed work in stages. Repayments only start 9 months after registration whether the building is completed or not.

Absa Premier Home Loan Solutions

Absa also has an array of home loan products geared to private bank customers. Their premier products include Private Banking Home Loan, Buy-To-Let, Private Banking Universal Package and International Mortgages.

Apply to ABSA or other major banks with just one application form.

Why settle for the prime lending rate when you can have a lower rate. Let us do all the hard work for you. By utilising our free service, we can apply to ABSA or other major banks in South Africa on your behalf. We will negotiate the best deal to suit your needs. Quick and easy, just fill out the form below and a bond originator will contact you asap.

Lowest Interest Rates

You will be pleasantly surprised at prime less interest rates we can negotiate on behalf of our clients. We are commited in finding our clients the best rates in the current SA home bond market.