We are defined by our services: (011) 897 3144
BAFO TRADING AND PROJECTS (Pty) ltd
  • Home
  • About US
  • Financial Services
    • ITC
    • Personal Loans
    • Cellphone Contracts
    • Vehicle Finance
    • Home Loans
    • Funeral Cover
  • Mobile
    • Wallpapers
    • Starter Packs
  • Consultancy
    • Project Management
    • Turnaround Management
    • Diamond Dealing
    • Metal Refining
  • Contacts
  • Product

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

Powered by Create your own unique website with customizable templates.