HOME LOAN
Supporting Documents:
- -A valid offer to purchase for the property
- -Fully completed Application Form
- -Latest 3 months over the counter stamped bank statements (no internet, emailed or posted bank statements), must reflect 3 months salary
- -Latest official pay slip (two copies)
- -Proof of residence
- Certified original copy of a South African I.D document
Additional Supporting documents required for a private home loan Application:
- If your client earns commission only, we need the latest 6 months commission statements
- If a client earns weekly wages, we need the latest 4 weeks pay slips
- if a client earns a forth nightly wage, we need the latest 2 weeks pay slips.
- Additional Supporting documents required for a business home loan Application:
- -Fully completed Application Form for all Members /Directors (submitted separately)
- -All of the supporting documents above for each Members /Directors
- -Proof of Income for all Members (Auditors Letter)
- -Up to date stamped & original bank statements for the business (6 months)
- -Last 2 years Signed Financial Statements for Close Corporation / Company
- -If the company does not have financial statements, we will need the last 12 months management accounts.
- -Close Corporation Documents (CK1 / CK2 / CM29)
- -Company Documents
- Additional Supporting documents for South African Citizens Living and Working Abroad
- Copy of employment contract on the company letterhead
- Copy of Passport together with the work permit
- Note: The work permit period should correspond to the period on the contract and should not be less than 5 years
- Gross salary reflected on the pay slip should correspond to that on the contract
- The net salary reflected on the pay slip must match up to the salary deposits on personal account statements.
- Additional Supporting documents for Non- South African Citizens with a Working Permit and Temporary Residence
- -Copy of Passport (Legible & Clear)
- -Latest 6 months bank statements (Depending how long the client has been here in South Africa)
- -Employment contract
- -Copy of residence Permit
- -Copy of Work Permit
- -Proof of 50% Deposit held
Additional Supporting documents required for a private home loan Application:
- If your client earns commission only, we need the latest 6 months commission statements
- If a client earns weekly wages, we need the latest 4 weeks pay slips
- if a client earns a forth nightly wage, we need the latest 2 weeks pay slips.
- Additional Supporting documents required for a business home loan Application:
- -Fully completed Application Form for all Members /Directors (submitted separately)
- -All of the supporting documents above for each Members /Directors
- -Proof of Income for all Members (Auditors Letter)
- -Up to date stamped & original bank statements for the business (6 months)
- -Last 2 years Signed Financial Statements for Close Corporation / Company
- -If the company does not have financial statements, we will need the last 12 months management accounts.
- -Close Corporation Documents (CK1 / CK2 / CM29)
- -Company Documents
- Copy of employment contract on the company letterhead
- Copy of Passport together with the work permit
- Note: The work permit period should correspond to the period on the contract and should not be less than 5 years
- Gross salary reflected on the pay slip should correspond to that on the contract
- The net salary reflected on the pay slip must match up to the salary deposits on personal account statements.
- Additional Supporting documents for Non- South African Citizens with a Working Permit and Temporary Residence
- -Copy of Passport (Legible & Clear)
- -Latest 6 months bank statements (Depending how long the client has been here in South Africa)
- -Employment contract
- -Copy of residence Permit
- -Copy of Work Permit
- -Proof of 50% Deposit held
