Urban home loan

Buying a home can be complex and stressful, and finding extra money to pay a deposit and costs can be daunting. Let us help you with an urban home loan.

What does it offer me?

  • Highly competitive interest rates.
  • Loan to value of 90% of the property.
  • Loans are approved within three business days, subject to submission of completed application documentation.
  • Repayments calculated over 25 years depending on the age of the customer.
  • The minimum property value on which we may provide a loan is E100,000.00
  • We finance up to 90% of the valuation.
  • You will need to pay transfer and bond registration costs.
  • Repayments not to exceed 33% of net salary (depending on your credit profile).
  • If you have a vehicle financed with Standard Bank and wish to acquire property finance, repayment may not exceed 50% of net salary.
  • Consideration is given to the joint income of customer and spouse.
  • Both short-term and long-term insurance is available.

Who may apply?

You may apply for an Urban home loan provided you:

  • 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.
  • Earn a monthly net salary of minimum E5,000.00.
  • Your salary must be paid into your Standard Bank account.

What do you need to apply?

To apply for a home loan visit your nearest Standard Bank branch with the following documents:

  • Proof of residence (utility bill).
  • The deed of sale.
  • A rates clearance certificate.
  • Completed home loan application form.
  • Declaration of applicant and authority for trustees to make further enquiries.
  • Confirmation letter from the chief’s kraal stating right to occupy land if it is on Swazi National Land.

 


 
Saving your details - Please Wait...

Apply for an Urban home loan

Thank you for your enquiry.
One of our consultants will be in contact with you.

Online Banking

Select your online banking platform below:

Sharesocialicons
  • Call-me-back Form

     
    Saving your details - Please Wait...
    First name * :
    Surname * :
    Landline * :
    Country code:
    Area code:
    Local number:
    Mobile * :
    Country code:
    Area code:
    Local number:
    E-mail * :
    Product of interest:
    Convenient time to call * :
  • Home loan affordability

    Calculate maximum loan amount you may qualify for:

    Gross monthly income:
    Gross monthly expense:
    Tenure (months):
    Interest Rate (%):
    You qualify for a:

     

  • Home loan repayment

    Home Loan monthly payment Calculator

    Loan amount:
    Interest rate:
    No of Months:
    Repayment: