Standard Bank Home Loans: Can you approach the bank directly and still get a home loan.
The short answer would be yes, but is it that easy?
People have been approaching the banks for years and years for home loans, what’s changed?
Well, the process of getting a home loan approved is still the same, except that in the past you could just approach your bank manager and arrange everything in a reasonably short space of time.
The Standard Bank offers 3 options that are available.
Standard Bank Home Loans Option 1 – Apply over the phone or internet
You can apply telephonically or via the internet for a home loan. This process takes slightly longer as you first do the application and then you have to fax your documentation, which has to be tied up to each other.
Chances are good that you will be asked to re-fax your documents as there are so many applications that it is easy to lose documents and not find the right application to marry it up with.
Standard Bank Home Loans Option 2 – Apply at the branch
This option is slightly easier as you actually get to speak to a consultant and hand in your documentation with your application.
The consultant fills out the application, attaches the documentation to it and from there you would still have to follow up with the call center.
Standard Bank Home Loans Option 3 – Apply through a bond originator
This is probably the easiest option described by consumers if you have a reputable bond originator.
The originator will come to your house or discuss everything via phone or email and get the paper work completed and get everything to the bank. They will then ensure that all documents have been received.
The originator will also follow up with the bank on a daily basis to make sure they are working on your transaction and get an answer as quickly as possible. A reputable originator will keep the client updated daily on the progress.
For more information on
Standard Bank Home Loans, please contact us.
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