Capitec Home Loan – Let Capitec Bank help you get your dream home when you apply for the Capitec Home Loan. The Capitec Home loan by SA Home Loans offers up to R5 million over 240 months. The home loan will cover up to 90% of the value of the house. You need to give confirmation that you have signed offer to purchase.
The factors that could influence the outcome of your Capitec Home loan application include your monthly income and expenses and a deposit might be required of up to 15% of the home loan amount. If you want to find out how much you qualify for you can speak to a Capitec Bank service consultant.,
Steps In Applying For a Capitec Home Loan
Step 1: Visit A Capitec Bank Branch
You can visit any of Capitec’s Gauteng branches and selected KwaZulu-Natal and Western Cape branches and speak to a service consultant
- You must be between the ages of 18 – 60
- Confirmation of a signed offer to purchase is required
- You must not be under debt counselling
Step 2: SA Home Loans will contact you in 2 working days
A consultant from SA Home Loans will need to collect the following documents to complete your application.
- Copy of signed offer to purchase
- Your ID document
- 3 months salary slips
- 3 months bank statements
- Copy of marriage certificate (if married)
The good news is that you don’t have to be a Capitec Bank client to apply for the Capitec Home loan. If you have an existing home loan you can switch it to SA Home Loans if you wish to do so.
For more information visit the Capitec Website www.capitecbank.co.za or call them on 0860 10 20 43.