Eswatini

Urban Home Loan

Urban Home Loan-Product Image

This home loan offering is tailored to our salaried and non-salaried Standard Bank customers. Whether you’re looking at buying your first home or upgrading, we have a home loan solution for you that allows repayments of up to 25 years.

Some of the Benefits

Expert advice

Help and advice from our team of property experts

Flexibility

Choose to repay your loan monthly, quarterly or twice a year

Easy terms

25 years to repay your home loan

Easy access

It is fast and convenient to apply for a home loan
What do I get

Term:

Maximum  - 25 years depending on the number of  years remaining to the age of 60

Loan to value:

  • Max - 80% on vacant land (Manzini Mbabane corridor)
  • Max - 90% on developed  (Manzini Mbabane corridor)
  • Max - 70% both vacant and developed (outskirt towns)
How it works
  • You can apply for equity release or an outright purchase option. 

  • If you earn a salary, you can repay your loan for as long as 25 years. 

  • The minimum loan amount is SZL 100,000 

  • When buying a new home you need a signed deed of sale - We will appoint a valuator to evaluate the property you wish to finance.

  • When building a new home /flats you need a proof of income (current payslip) -  we assit you secure homeowners policy. 

  • When buying a vacant land  you need National Identity document (front & back) - You may borrow an amout of up to 90% of the value of the property. 

  • When refinancing your existing home  you need a letter confirming employment / contract of employment - We offer competetive interest rates. 

  • When extending or renovating on existing property you need proof of residential address (not older than 3 months) and details of Life Policy to be ceded to the bank. 

What it costs
  • Achiever segmant  - prime plus 1.5%
  • Executive Banking - prime plus 1.25%
  • Private Banking  - prime plus .5%
How to get it
  • Have been with the same employer for at least 12 consecutive months. 

  • Give us a letter of introduction from your employer or a copy of your letter of employment if you have been with your employer for less than 12 months. 

  • Provide us with your last three months' pay slips. 

  • If you work on a contract basis, we need a copy of your most recent contract. 

  • Signed deed of sale.

  • Property Evaluation.  

  • Your salary must be paid into your Standard Bank account 

  • What do I get
  • How it works
  • What it costs
  • How to get it

Term:

Maximum  - 25 years depending on the number of  years remaining to the age of 60

Loan to value:

  • Max - 80% on vacant land (Manzini Mbabane corridor)
  • Max - 90% on developed  (Manzini Mbabane corridor)
  • Max - 70% both vacant and developed (outskirt towns)
  • You can apply for equity release or an outright purchase option. 

  • If you earn a salary, you can repay your loan for as long as 25 years. 

  • The minimum loan amount is SZL 100,000 

  • When buying a new home you need a signed deed of sale - We will appoint a valuator to evaluate the property you wish to finance.

  • When building a new home /flats you need a proof of income (current payslip) -  we assit you secure homeowners policy. 

  • When buying a vacant land  you need National Identity document (front & back) - You may borrow an amout of up to 90% of the value of the property. 

  • When refinancing your existing home  you need a letter confirming employment / contract of employment - We offer competetive interest rates. 

  • When extending or renovating on existing property you need proof of residential address (not older than 3 months) and details of Life Policy to be ceded to the bank. 

  • Achiever segmant  - prime plus 1.5%
  • Executive Banking - prime plus 1.25%
  • Private Banking  - prime plus .5%
  • Have been with the same employer for at least 12 consecutive months. 

  • Give us a letter of introduction from your employer or a copy of your letter of employment if you have been with your employer for less than 12 months. 

  • Provide us with your last three months' pay slips. 

  • If you work on a contract basis, we need a copy of your most recent contract. 

  • Signed deed of sale.

  • Property Evaluation.  

  • Your salary must be paid into your Standard Bank account