African Bank is known as one of the trusted banks in South Africa when it comes to home loans. Bond originators will often turn to this financial institution when collecting home loan offers because of the low interest rates and flexible loan terms that they have to offer.
If you want to apply for a long term personal loan from African Bank you may qualify for a loan amount of up to R180 000 with 84 months to repay. This type of loan can be used to purchase a small home, renovate an existing home or further your education.
When you decide to apply for a loan, you can make use of variable interest rates which can be risky over a long period of time. Small loans can be paid off faster and the monthly instalments are lower, making them the perfect option for individuals who earn small to moderate salaries.
But a home loan is a long term loan, which is why you want the best rates from your Bank. African Bank offers great rates, and you can apply for a loan online, with a result in minutes. You can apply for a loan from African Bank by visiting them online at www.africanbank.co.za and you’ll get an immediate offer, which you can take up further if you choose to do so.
Home loans are perfect for people who cannot fund a purchase of a property on their own, making it a good choice to work with African Bank where you’ll get the best interest rates and terms. You can choose to repay your loan over an extended period of time and this means you can build your credit record at the same time. Home loans are often difficult to get, making it necessary for you to know what you’ll need to qualify and what documentation you’ll need to provide.