To apply for a Standard Bank home loan you need:
- Be 18 years old or older
- Be a resident citizen of South Africa
- Have a purchase offer for the desired property
- Proven monthly income compatible with the value of the property and loan installments
- Legalized formal employment
- positive financial history
The following documents must be submitted:
- proof of income
- Updated proof of residence
- Bank statements
- Evidence of employability
- Bid proof of the desired property
As the Standard Bank Home Loan is a long-term product, Standard treats it with the utmost care. Thus, other documents will be requested in the hiring process for analysis by the bank.
Where to apply for a Standard Bank home loan?
For this type of loan that involves high amounts and a long repayment period, Standard provides consultants who will adhere to you until the end of your purchase process.
It is necessary to go to an agency to apply for a Standard Bank residential loan, where the consultant will be assigned to your process.
After the first contact, the remaining steps can be resolved between you and the consultant in the way you feel most comfortable.
Standard Bank’s residential loan has a variety of contracting options so that you can choose the best option that fits your reality.
Check them all out right now!
