FNB Home Loans
SecureBonds can help you in to get the best fnb bond
for your needs. You do not have to lft a finger as we will organize
with fnb for the home loan option that will suit you the best.
Apply for a FNB Home Loan Today!
FNB offers a variety of options:
Traditional Home Loan
Take out this loan when buying an existing residential property.
Building Bond
You can apply for a building bond if you are intending to
build a home. Once the building is completed, your bond will
revert to a normal home loan.
Smart Bond
The Smart Bond is a housing finance product for households
that earn less than R10 000 and more than R2 500 per month.
If you are planning to build your own home, the Smart Bond
Building Loan will take care of your building needs.
Foreign Choice
This allows a foreigner or a South African who has emigrated
to purchase a property in South Africa.
One Account
The One Account is an innovative product, secured by your
home, that fulfills all the functions of a cheque account,
overdraft, personal loan and home loan.
Choose the right facility for you
When applying for a facility on your home loan product, an
affordability assessment will be done to find out exactly
how much additional finance you can access.
Flexi Bond
You get access to surplus home loan funds 24 hours a day,
7 days a week if you have a transactional account with FNB.
Alternatively, access to funds is available during business
hours. Surplus funds include any prepayments, as well as a
percentage of capital you have already repaid on your home
loan up to a pre-determined limit.
Future Use
This enables you to register a bond greater than the home
loan amount you require, creating an extra amount that may
be accessed at a later stage.
Pre-Paid Finance
Withdraw any additional money that you have paid into your
home loan account.
Repayment Choice
Increase your monthly instalment and save on interest. This
also allows for you to pay off your home in a shorter period
of time.
Re-Advance
This gives you access to the funds that make up the difference
between your original registered home loan and the outstanding
balance.
Further Bond
Obtain funds by registering an additional amount over and
above your original registered bond amount.
Interest Rate Options
Fixed Rate
For the duration of your contract period (12, 18 or 24 months),
the interest rate on your home loan remains fixed and is unaffected
by any rise or fall of general interest rates.
Variable Rate
This is the standard interest rate option. The interest rate
varies in line with current interest rate movements.
BA Linked Rate
The interest rate is directly linked to the publicly quoted
three-month SAFEX BA rate (Bankers Acceptance Rate) and offers
a highly competitive means of financing your home loan.
Home Loan Insurance
Home Owner's Cover
This insures your house and any structural improvements to
the property. This cover is compulsory with any home loan.
Home Loan Protection Plan
This plan provides peace of mind in the unforeseen events
of death, temporary and permanent disability and retrenchment.
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