GPF Mortgage is a mortgage broker that understands the frustrations that go hand in hand with getting a Home Loan approved. We are here to help you! We bring you new up to date and informative information regarding the Types of Home loans available from South-African Banks and Non Bank providers. For more information contact us on 086 110 6204

1. Absa Building Loan

2. To qualify for a building loan from Absa you must use a builder that’s
registered with the NHBRC (National Home Builders’ Registration Council)
Progress payments will be made your builder as the work progresses. The
first progress payment will be made after the foundation has been laid. The
second payment will happen at window height, the next one at roof height
and the last one when the work is completed.
Although you will only start repaying the loan once your house has been
completed (your loan has been paid out if full), it’s important to keep in
mind that interim interest will be charged on progress payments made to
your builder.

3. Absa First Time Home Loan

4. The Absa first time home loan was structured to assist first-time home buyers
to help them with the costs associated with buying a property.
For more information speak to one of GPF’s consultant.
Absa Pension Backed Housing Loans
With pension-supported housing loans you can use your pension or
provident fund as security for your home loan.
In other words the amount you borrow is guaranteed against your
fund.

5. Absa Debt Consolidation and Multi Plan

6. If you’re struggling to keep up with all your debt payments you can
consolidate your debt into your home loan and reduce your monthly debt
repayments.
MultiPlan
Although consolidating debt is the first step to bring relief if your budget is
stretched you need to manage your debt better.
By creating multiple, different debt accounts within your bond account –
each one with their own interest rates and repayment terms – you can make
the most of the financial options available to you.

7. 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: info@gpfmortgage.co.za