jump start home loan from standard bank
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Hi welcome to GPF Mortgage. We are not your average mortgage brokers, we take our clients and prospective clients seriously and therefore we always find a way to get you the best Home Loans possible with the best interest rates. Today we would like to share with you the Jump start Home Loan from Standard Bank and exactly explain to you what it entails. If you have any questions or require any more information please feel free to contact us on 086 110 6204 or visit our website at www.gpfmortgage.co.zaTRANSCRIPT
GPF Mortgage – Home Loans
JumpStart Home Loan
GPF Mortgage – Home Loans
How do I know if need a JumpStart Home Loan?
If you earn more than R6,000 per month you can qualify for a Jump Start loan.
Jump Start home loans are ideal for first time home buyers and middle to high-income borrowers.
You can qualify for a JumpStart home loan even if you don’t have enough money for a deposit.
GPF Mortgage – Home Loans
How does a JumpStart Home Loan Work?
Fixed rate mortgage: If you choose a fixed rate home loan you have to know that your monthly repayment will stay the same irrespective if interest rates go up or down.
Variable rate mortgage: With a variable rate home loan your monthly payments will go up and down depending on the interest rate changes.
GPF Mortgage – Home Loans
Payment holiday: With this option you only make your first installment three months after your bond has been registered. That’s why it’s called a payment holiday.
Some of the options include lower interest rates depending on whether you have a deposit or not. Costs that might be included are bank initiation fees, bond and transfer costs (transfer duty)
GPF Mortgage – Home Loans
Well, I know that is a lot for you to take in so I am happy to spend some time with you and answer any questions you
have about choosing home loans.
You are very welcome to contact my office at 086 110 6204 or send me a personal email at: [email protected]