Sanlam Home Loans

Whether you already have a mortgage bond registered with another financial institution or whether you need a new home loan, just consider the benefits of a home loan through Sanlam Home Loans:

• You’ll pay lower interest rates – concessions of up to 2%
• You may use the value of your house to raise cash, consolidate debt
  or buy or build a new home you’ll do business with a company, in a group, that you know and trust, and you can get qualified financial advice on how your home loan can complement your financial planning.

Why can we offer you a lower interest rate?

In South Africa, banks traditionally provide home loans by getting their funds from their own investors and depositors. To service these investors and depositors means banks must have an expensive branch network. They then add 3% to 5% interest on to the cost of these funds to cover overheads and still provide a profit margin for themselves.

At Sanlam Home Loans, we are linking individual borrowers directly to the wholesale investors through a process called securitisation. Therefore we don’t need an expensive branch network, thus saving borrowers millions.

Qualifying criteria

Sanlam Home Loans offer residential home loans of up to 100% for amounts between R200 000 and R2 000 000. To qualify for a loan through Sanlam Home Loans, you must have:

• a joint income of more than R10 000, and
• an instalment not exceeding 30% of your income.

You don't need to be an existing Sanlam client. If you already have a home loan elsewhere, you may switch to extend your existing loan.

Complete this short form for a no obligation, free quote from Sanlam Home Loans for:
- applying for a new home loan (loan finance)
- inceasing of existing loan
- pre-approval