FNB is surely one of the most innovating banks in the world and with their recent award, they have the goods to prove it. FNB home loans offers a wide variety of home loan options and it all depends on which criteria apply to you, in terms of your home loan requirements.
The first and original option for a home loan basically states that the loan must be finished before the applicant reaches 75, so there is an age limitation.
This type of home loan is available to applicants, joint applicants and property owning juristic persons.
The second option you have with FNB is that of first time home buyer and it states that it needs to be for a fully built property, with no previous finance in place. The applicant must meet all the criteria as stated by FNB.
The fourth type of home loan is for vacant land, where no building currently exists. With type of loan it is crucial that there are municipal service connections and that the applicant must meet all the criteria as stated.
We will be following them closely in the coming months and will keep all our loyal users updated on any changes or new products that do become available.
To find out more about FNB home loans and to have one of our consultants contact you, please complete the enquiry form and we will get back to you as soon as possible.