ABSA Bank Limited Reg No 1986/003934/06

Approved in Principle
"Private and Confidential"
Date
Source
Full Name of Borrower
Erf Number
Street Name
Unit Number
Loan Type
Application Number
Loan Amount Approved

: 08 Sep 2014
: PA BETTER BOND RANDBURG
:
:
:
:
:

Absa Region

: Gauteng
Source Email : rhode.vorster@betterbond.co.za

MR R SOLOMON
1255

Township

: HIGHLANDS NORTH
: 191
Complex :

8TH AVENUE

Street Number

New ordinary

: 44032627965
: R 760000

Attorney Name

Flow.ATTORNEY_NAME

Annual Rate at which interest is levied

Variable Rate
Duration of this Agreement

To Be Advised % *
months

The above mortgage finance has been approved subject to our normal lending criteria as amended from time to time, our mortgage loan agreement
being accepted (which will follow in due course), as well as the following conditions:
- Satisfactory bank valuation
- Rate Approval
- Other:

Straight Accept
Flow.Conditions
* This offer is subject to the current Absa Mortgage Bond Rate which is not necessarily the same as the prime rate - should there be a change in this
rate, the effective rate in this offer will change.
Please note: In order for Absa to comply with the respective NCA, FAIS and Short Term Insurance acts, a customer should be advised that:
House Owners Comprehensive Insurance cover for the property to be bonded is compulsory.
The customer has a choice with regards to the provider of such cover.
Please ensure that your respective Absa Home Loan Centre Receives the applicable Insurance document(s) prior to Final Grant:
In the event of the customer opting for External Insurance, a copy of the Policy schedule and/or Policy Wording needs to be obtained for approval.
In the event of the customer opting for Absa Insurance, the bank will require an Absa HOC Proposal i.e. Absa 573 to be completed
Yours faithfully,

Manager