How to get a 100% Home Loan if you’re a FIRST TIME HOME BUYER in South Africa # PropertywithLeonard
Автор: Property with Leonard
Загружено: 2022-06-13
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In this video I share valuable information regarding applying for a 100% home loan as well as answer amongst other things the following question:
0:00 Intro
0:30 What is a 100% home loan
2:10 What do you need to qualify for 100% home loan
4:35 What to consider when you apply
5:19 What are the downside to a 100% home loan
Ensure that you watch the full episode and share with those you know would be able to benefit from this content!
Here is the link as promised:
What You Need to Know About Property Co-Ownership - The TRUTH (Collective Buying Home Loan Scheme)
• What You Need to Know About Property Co-Ow...
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DISCLAIMER: Please note that the information shared in this video is for educational purposes. I am not a therapist, psychologist, psychiatrist, medical professional, or financial adviser. Please note this video is not meant to discredit anyone. This video is not diagnostic and provides no individual consultation. This video is not a substitute for professional advice or self-diagnosis, we advise you to seek professional help. Permission is not granted to link or repost this video.
This description contains affiliate links. While this channel may earn a minimal sum when the viewer uses these affiliate links, the viewer is in NO WAY obligated to use these links; the viewer is not charged extra for these links and, in fact, receives a discount over the regular pricing of these programs.
In this video I explain to you how to get a 100% home loan in South Africa. This is applicable if you are a first time buyer or young person wanting to enter the property market. A lot of people are unaware that they could be approved for a 100% home loan - alternatively called a zero-deposit home loan. Although Many banks will insist that the buyer puts down some amount as a deposit, and also pays for the transfer costs - that's not always the case. Banks may sometimes grant 100% bonds that cover the full purchase price of the property and even transfer costs.
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