Home Loan

HOME LOAN APPLICATION

To aply for a home loan, fill in your details on the below form and a consultant will contact you

DOCUMENTS REQUIRED BY THE BANK/S

Clear copy of Identity Document(s) OR clear copy of passport (for non S.A citizens).

  • Payslips:
    – Latest 3 months consecutive payslips. Amount must be verifiable in bank account
    – If in receipt of allowances, commission, overtime or variable income, then 6 months’ latest consecutive payslips are required.
  • Bank Statements
    – Latest 3 months’ original bank statements up-to-date, or if copies, they must be stamped by the bank. Internet statements are not acceptable.
    – If in receipt of commission, overtime or variable income, then 6 months’ latest original bank statements, or if copies, they must be stamped by the bank. Internet statements are not acceptable.
    – A consent form (DEA) to obtain bank statements electronically must be submitted where the applicant banks with either ABSA, Nedbank, FNB and STANDARD BANK where the applicant(s) income is deposited.
  •  Detailed Income and Expenditure statement, signed by applicant(s)
  • Statement of Assets and Liabilities, signed by applicant(s)
  • If not a SA citizen, copy of residence and work permits.
  • Rental contracts in respect of any rental income which may be used in assessing affordability
  • Marriage Certificate, if applicable. If married with AnteNuptial Contract, copy of the marriage contract is required
  • Proof of Residence (municipal account or retail account – not older than 2 months)
  • SARS Tax Reference Number
  • Offer to Purchase (fully completed and signed by all parties)

(This pertains to individuals being Members, Directors or Trustees of cc’s, Trusts or Companies AND purchasing in the name of a Company, cc or Trust)

  • Clear copy of Identity Document(s) for all Members/Trustees/Directors OR clear copy of passport (for non S.A citizens)
  • Letter from Auditor/Accountant confirming personal income
  • A consent form (DEA) to obtain bank statements electronically must be submitted where the applicant banks with either ABSA, Nedbank, FNB and STANDARD BANK where the applicant(s) income is deposited.
  • Latest full up-to-date original BUSINESS banks statements, or if copies, they must be stamped by the bank. (Absa: covering latest 12 month period; other banks 6 months – each page stamped by bank branch). Internet statements are not acceptable.
  • Latest full original PERSONAL bank statements, or if copies, they must be stamped by the bank. (Absa: covering latest 12 month period; other banks 6 months – each page stamped by bank branch). Internet statements are not acceptable.
  • Latest 3 years comparative Audited Business Financial Statements with the latest reporting period being not older than 6 months
  • If Audited Financials are more than 6 months old, then up-to-date Management Accounts, signed by Applicant(s) and the Auditor/Accountant
  • Latest IT34 as issued by SARS, which can be verified against the turnover on the bank statements, signed by Applicant(s)
  • Statement of Personal Assets and Liabilities of all Members/Trustees/Directors, signed by Applicant(s)
  • Detailed Income and Expenditure statement, signed by Applicant(s)
  • If not an SA citizen, copy of residence and work permits
  • Rental contracts in respect of any rental income which may be used in assessing affordability
  • Detailed Cash Flow Forecast for the forthcoming 12 months
  • Statutory documents – Company/CC/Trust: CK1 and CK2 – founding statement, where applicable
  • Marriage Certificate, if applicable. If married with AnteNuptial Contract, provide copy of the marriage contract.
  • Proof of Residence (municipal account or retail account – not older than 2 months)
  • Offer to Purchase (fully completed and signed by all parties)

* All documents to be emailed to maria@exclusivebonds.co.za