First time home buyers and owners who are eager to sell often wait in anticipation to get feedback from the bank on the status of a home loan application. Stanley Mabulu, Channel Management Head at FNB Home Loans says the amount of time it takes for a home loan application to be approved often depends on several factors, impacting both the bank and customers. “Ideally, it should take a minimum of one week to get complete approval however, due to application backlogs, delays or customers … [Read more...] about How Long Does it Take for a Home Loan to be Approved?
Stanley Mabulu
4 Tips to consider BEFORE switching your home loan
If you ever find yourself pondering the prospect of switching your home loan to another bank, it is essential that you do your homework. Stanley Mabulu, Head of Sales at FNB Home Loans says lenders have made it easier for consumers to switch home loans, provided that they meet all the criteria and requirements. “There are many reasons why consumers consider switching, such as getting better service and value, favourable interest rates, consolidating finances when getting married and long … [Read more...] about 4 Tips to consider BEFORE switching your home loan
