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South Africa Bank Loans Information
South Africa Bank Loans Information
South Africa Bank Loans Information
Version 87 (12.02.15)
VACANT LAND
Completed Property:
ABSA & Non-ASBA Customers Full-Time
Employed
= Max 100%
= Max 95%
= Max 90%
RESIDENTIAL
PROPERTY
(Including
Building Loans)
= Max 90%
= Max 85%
= Max 75%
= Max 100%
= Max 95%
= Max 95%
= Max 90%
Building Loans:
ABSA Customers & Non-ASBA Customers
Employed & Self-employed
= Max 85%
= Max 75%
= Max 70%
Buy To Let:
= Max 90%
= Max 85%
= Max 80%
= max 100%
= max 80%
Nedbank Customers:
(Definition of a Nedbank Customer: An
applicant (either the primary or co-applicant)
who is the holder of a Nedbank Product)
Purchase Price R1.75m
= max100%
Purchase Price >R1.75m R3.5m = max
90%
Purchase Price >R3.5m
= max 80%
A.
Completed Property:
B.
= Max 95%
= Max 90%
Building Loans:
= Max 95%
= Max 90%
= Max 85%
= Max 85%
= Max 75%
N/A
N/A
= Max 80%
= Max 70%
= Max 65%
APPROVED
COLLATERAL
SECURITY **
COST
INCLUSIVE
LOANS
DISTRESSED
SALES
SA CITIZEN
WORKING
ABROAD
OR
OR
NON-RESIDENT
CLIENTS WITH
WORK
PERMITS
NON-RESIDENT
CLIENTS NOT
RESIDING OR
WORKING IN
SOUTH AFRICA
NON-RESIDENT
CLIENTS WITH
A PERMANENT
RESIDENCE
PERMIT
SA CITIZEN
PURCHASING
JOINTLY WITH
NON-RESIDENT
N/A