Bonds, Home Loans, Switches and Further Loans

Standard Bank Home Loans?

Standard Bank have a variety of Home Loan options ranging from the First Time Buyer to Switches and Further Loans!

Products

JumpStart (first-time buyers)!

JumpStart gives first-time home buyers the opportunity to buy a home even when they cannot afford the deposit and upfront costs.

If you are a cash-strapped home buyer, then your most important requirement is to find the money for the deposit, the transfer cost and the bond registration costs. JumpStart helps you by offering a higher loan to assessed value of your property - a maximum loan to value (LTV) of 108% is allowed.

This means you can include costs like a deposit, transfer fees and bond costs in your loan, which makes it easier for you to own your first home.

There are a number of product options available - you choose which option best suits your circumstances and lifestyle. However, not all the options allow you to include all your costs.

Dream Start

DreamStart is a home loan aimed at making home finance more accessible to low income earners. That is, those earning a single or joint income of between R1 500 and R6 000 a month, excluding housing subsidies or allowances.

Who can apply for a DreamStart home loan?

You can apply for a DreamStart home loan if:

You earn a joint income of between R1 500 and R6 000 a month and want to buy a home
You are building a new home
You are looking to move to a bigger or better home

Taking your first steps

A personal interview will be conducted with you where you will be guided through the home buying process, information will be shared with you, and an affordability calculation will be done
There are specialised consultants at designated branches who will answer any questions you have. If you are not sure which is your nearest designated branch, call our Customer Contact Centre on 0860 123 001.

Features

Life assurance

We have arranged a life assurance policy to ensure that your loan is repaid should you die. This policy will settle the outstanding balance on your home loan account.

Repayment methods

To make your monthly repayments easier, you can pay your instalment through a debit order directly from your account. If you do not have an account, ask your Standard Bank consultant about opening an E Plan account and arrange for your salary to be deposited in this account.

Interest

The interest rate that we charge for lending you money is based on your circumstances. You will be advised of the repayment and interest rate that will apply to your account in your Letter of Grant. If you pay your minimum home loan instalment on time every month, you may qualify for a reward after two years and again after three years.

AccessBond

If you pay more than your monthly instalment every month, you will lower the amount of interest you have to pay and will pay your home loan off faster. You will have to apply for this facility and meet certain qualifying criteria.

Standard Home Loan

For most of us, a home is the biggest and most significant investment of our lives. It's more than just shelter. It's where we raise our families.

Our home loans offer you a number of choices, including fixed and variable rate options as well as a range of benefits that allow you to select the right loan for your needs.

For more Information Visit the Standard Bank website.

Standard Bank Home Loans

Just give us a call on 0861 115024 - Ext 105 or Fill in our application form and apply online !

Discounted Bond Registration

Plus If you make use of our selected transfer attorneys, they will offer you 40% discount on the bond registration costs and their fee on the property transfer.

Bond Information

Dial Direct Insurance

News & Articles

Transfer Costs

Types of Bonds

Our Lenders

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