What is the Nedbank Instant Bond Indicator? The tool gives clients an instant indication of the home loan amount they could qualify for. Taking less than 3 minutes to complete, the indicator is a simple and convenient tool.
“The indicator results will provide clients with the loan amount they could qualify for, the deposit required, the expected instalment based on the loan amount, as well as estimated additional costs associated with the loan, such as transfer duties and attorney’s fees,” says Timothy Akinnusi, head of sales and client management at Nedbank Home Loans.
What are the benefits offered by using the Nedbank Instant Bond Indicator?
- Using the tool is simple
- It’s easily accessible
- It offers convenience because you can complete it whenever and wherever it suits you
- The process is completely paperless, so you don’t have to worry about having to fill in endless amounts of paperwork
- There is also an option for individuals who are self-employed or those earning an income from a company which they own or operate
How does it work?
You fill in:
- Personal details
- Your valid ID number
- Your cell phone number
- Marital status
- Loan type
- Loan amount required
- Loan term (number of years)
- Gross income (monthly)
- Net income (monthly)
Buying a home is an experience that could potentially be quite stressful and time-consuming. When you decide to search for a financial institution that will be willing to help you finance your home, it’s important to search thoroughly to make sure that you get an individualised solution.
One of the first things that people consider when applying for a home loan is how much they can expect to repay on a monthly basis. Institutions such as Nedbank have created solutions to make this simpler.
To use the Nedbank Instant Bond Indicator simply visit www.nedbank.co.za