Nedbank is a registered credit provider with South Africa’s National Credit Regulator: NCRCP16
About – Nedbank
Nedbank is committed to establishing a strong partnership with your company for the purpose of contributing to its success. Our corporate banking products and services are especially designed for large companies and public organisations who require reliable finance solutions, effective asset management and transaction facilitation.
Our financing solutions
We are experts in what we do and offer the most efficient custom solutions which allow for high profits while keeping risk as low as possible. Our areas of expertise include financing solutions of all types including home loans, deposit taking, investment solutions and transaction assistance and management. We deliver the best possible results and always try to achieve even more for our clients.
Services – Nedbank
We offer a variety of home loan products each of which has unique features designed for matching your needs perfectly. Our ordinary home loan is the ideal product for South Africans looking to buy an existing property. You will get the full finance which you need to purchase your dream home.
You will enjoy the most affordable interest and the most convenient repayment terms. Our Building Loan is designed for individuals who plan to build a new house or renovate an existing one. It gives you maximum flexibility for adequate financing at each stage of the process. HomeVision is the ideal property financing solution for those who need to use additional funds at a later stage.
Summary of Services
- First-time Home Buyer
- House Buying
- Home Loans
- First-time Investment
- Home Financing
Nedbank Home Loans - Do They Match Your Requirements?
You can make your dream of homeownership reality with the use of the right finance product. It has to offer a sufficiently large amount of money and be affordable to repay. Read this Nedbank home loans review to find out if these credit products meet this set of important requirements.
attractive home loan terms and conditions
Nedbank is a leader in personal banking so you can expect to receive a service of excellent quality when you approach this lender. The bank offers some of the most attractive property loan terms and conditions in South Africa due to its mere size. Besides, now the obtaining of a loan is simpler than ever before. You can readily make an application online or over the phone without having to visit an office of the bank in person.
different types of Nedbank home loans
There are different types of Nedbank home loans with Ordinary Home Loan being the most popular one. It is designed for the purchase of an already built house. You can select the repayment term with the maximum possible option being 25 years. Generally, the longer the term of the personal loan is the lower the monthly instalment will be. On the other hand, a longer term makes the loan more expensive as you will have to pay interest for a longer period of time.
fixed and variable interest rates
You can select from fixed and variable interest rate and this is a huge advantage to have. The fixed rate is always slightly higher than the initial variable one. However, it results in fixed monthly payments which will never change. This will make the repayment of the loan easier. Keep in mind that the interest rate on any of the Nedbank home loans is determined individually based on the credit record of the applicant. The better it is the lower the rate will be.
Deposit Requirements for a Home Loan
The lender will determine the granted amount based on your ability to repay the loan. In general, full finance is offered very rarely. You need to place a deposit which corresponds to a percentage of the value of the property while the bank will finance the rest of the sum which you owe to the seller. This review concludes that the Nedbank home loan services are among the most affordable and flexible which you can find.
Ph: 0860 123 263 / 0860 555 111
Em: [email protected]
Universal Branch CodeNedbank’s universal branch code: 198765
- Monday 08:00 – 17:00
- Tuesday 08:00 – 17:00
- Wednesday 08:00 – 17:00
- Thursday 08:00 – 17:00
- Friday 08:00 – 16:30
- Saturday Closed –
- Sunday Closed –