Ooba House Loans are home loan credit solutions supplied by Ooba through their strategic partnerships with different home loan providers in South Africa, and you may acquire the best home loan for your financial condition by using their free online quotations.
Unless you have the necessary knowledge and resources, purchasing a home can be a daunting task. From the moment you buy a house to the moment you register it, Ooba will help you make informed decisions.
What is Ooba?
Ooba is a Cape Town-based bond originator company that provides free online quoting services for home loans to anyone in South Africa.
They have agreements with financial services providers who offer house loans, such as ABSA, FNB bank, Nedbank, Investec, ithala, Standard Bank, RMB, and others, and through these connections, Ooba can assist you in obtaining a home loan.
What is a bond originator?
At no cost to you, a bond originator provides a home loan comparison service sends your application to up to nine banks to get you the lowest rate.
There’s a lot less to worry about when you use ooba home loans, South Africa’s leading house loan comparison site. Their aid with the pre-qualification and home loan application process makes things much easier for house purchasers, and their services are provided at no cost to the customer.
A house loan comparison service, such as ooba home loans, gets financial reward in the form of a fee, similar to real estate brokers, except in this case, the charge is paid by the bank that issued the home loan.
Why choose Ooba Home Loans?
So many home buyers have put their faith in Ooba to help them fulfill their dream of home ownership, making it South Africa’s biggest home loan provider.
Many of the major banks with which Ooba has partnered offer 100% financing, subject to the fulfillment of particular qualifying criteria.
Ooba will assist you in filling out a single application form that can be submitted to all banks, and will send a single application to numerous institutions, including your own.
Ooba will also provide you with multiple quotes to compare, aid you in negotiating rates and terms, and if necessary, help you secure a zero deposit bond.
The application process is simple and may be completed either online or over the phone with one of their experts.
Steps to get Ooba Home Loans
1. Obtain pre-approval.
The pre-approved certificate verifies your credit rating and gives you a precise estimate of your payment capacity.
2. Look for our desired home.
Thanks to your certificate, you now have a better idea of the type of property you may buy as well as confirmation that you qualify for a house loan.
3. Find the best bond possible.
Ooba compares quotations from several banks, including your own, so you can make an informed decision. The only thing left is for you to pick among the different quotations available.
Ooba Home Loans Application Requirements
Basic application requirements for Ooba Home Loans include having a valid South African ID document, being over the age of 18 and permanently employed, having an active bank account with any of the South African commercial banks, having your most recent proof of residential address not older than three months, and having good credit references.
You may submit your application online by filling out the form provided on their website, and one of their experts will contact you to complete the process.
Affordability Calculators
Ooba has affordability calculators that can help you assess whether you qualify for home loans, and they have a dedicated home loan expert to help you 24/7.
Ooba Home Loans Contact Details
Visit their website, www.ooba.co.za, for additional information on how to apply for and qualify for their personal loans. You can also phone their consultants at 0860 00 66 22 and discuss your financial needs with them; they will answer any queries you may have.
NB: Visit Our Loan Calculator Page Here
