HomeVision Facility
Allows you to deposit additional funds into your Home Loan
HomeVision Facility
The HomeVision Facility allows you to register a higher amount than the purchase price of the property, creating a surplus that can be accessed later.
Qualify Criteria
- Minimum income >R 2 500
- Residential property
- Minimum Loan Amount – R100 000
- Up to 30% RTI (single or joint monthly income)
Benefits
By registering the initial bond for a higher amount than initially required, additional registration costs are avoided in the future.
Surplus funds are available when the value of the property and the client's affordability have increased.
Exclusions:
- Vacant Land
