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ABSA Home Loans

absa home loans

ABSA Home Loans – The notion of purchasing a home is both exhilarating and intimidating. It will take a long time and a lot of money to complete.

ABSA house loans, on the other hand, might assist you if you require funds. If you have an active bank account and a good credit score, you can get a loan to finance your new or second home.

ABSA provides some of the most affordable home loans on the market today. They offer not just competitive interest rates, but also discounts to select client groups.

These loans also have a variable repayment plan to accommodate changing economic conditions.

Types of ABSA Home Loans available

ABSA offers a variety of home bond products to meet your specific requirements. Anyone can qualify, and these excellent benefits are standard on all of their home loans.

MyHome Loan

This home loan option offers loans of up to 100% for people earning R25 400 or less, as well as a 50% discount on bond registration fees. With MyHome Loan, you can choose between a variable or fixed interest rate and payback terms of up to 30 years.

Young Professional Loan

Individuals under the age of 35 with a NQF Level 8 or higher education can qualify for a house loan of up to 105 percent for a property worth R1.5 million or less, with bond registration fees reduced by 30 percent. This home loan package comes with specific home insurance features to protect you, your family, and your property.

Private Banking Home Loan

ABSA Private Banking is a division of ABSA Bank. House loans include a competent and knowledgeable personal banker who will walk you through a choice of innovative home loans.

You will also be able to visit the bank in one of their opulent bank suites. This set of people can benefit from a multi-plan option, which allows them to connect many accounts to a single line of credit.

Benefits of ABSA Home Loan

ABSA Home Loans provide numerous benefits, including access to up to 100 percent financing, simple online management, and a choice of fixed or variable interest rates, and they can be used to buy a new home, build a new property from the ground up, buy a property for letting out, or even manage an existing home loan.

MyHomeowner Journey

MyHomeownerJourney is a no-cost home-buying education program that will educate you all you need to know about purchasing your first home.

The eLearning platform is open to anybody who wants to learn about all elements of property investment and ownership, not only first-time home buyers.

Pre-qualifying for an ABSA Home Loan

This will be the first step toward owning a home. The ABSA Home Loan Estimator is easy to use and requires no commitment from you.

Use ABSA’s Home Loan Estimator to figure out how much house you can afford. ABSA will even issue you a certificate to ensure that sellers and agents thoroughly review your offer.

ABSA Home Loans Contact Details

Call ABSA Home Loan consultants 0860 111 007
General Home Loan account enquiries: home@absa.co.za
Home loan applications: propertyhub@absa.co.za
Home loan repayments queries: bondrs@absa.co.za
Home Loan Insurance: adminhoc@absa.co.za