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- Are 100% loans available on an ordinary Home Loan?
100% Bonds are no longer available on Ordinary Home Loans. We offer > 0 < 3m 90%, >3m 85%.
- What is Nedbank’s policy regarding the purchase of vacant land?
Nedbank will finance from 70% up to 100% of the purchase price.
- What makes up my monthly instalment?
Your monthly homeloan repayment normally consists of:
- a basic instalment, which includes capital and interest
- a houseowner’s insurance premium
- a life assurance premium, if applicable
- a monthly administration fee
- What documents must l submit to the bank with my application form?
You will need to supply us with the following supporting documentation:
- the Offer to Purchase agreement if you are purchasing a stand
- proof of income – usually a payslip
- three month’s bank statements if you are not a Nedbank client
- a copy of your identity document
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We have compiled a list of quick links to
help you find your way quicker.
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Nedbank Limited Reg No 1951/000009/06, 135 Rivonia Road, Sandown, Sandton, 2196, South Africa. We subscribe to the Code of Banking Practice of The Banking Association South Africa and, for unresolved disputes, support resolution through the Ombudsman for Banking Services. We are an authorised financial services provider. We are a registered credit provider in terms of the National Credit Act (NCR Reg No NCRCP16).
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Home : Legal Requirements : Glossary
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