Common Contracts
1 similar Home Loan Agreement contracts
ContractHome Loan Agreement • August 29th, 2018
ORDINARY HOME LOANThis is the ideal product for the purchase of a residential property in a recognised neighbourhood or township. • Repayment term of up to 25 years available.• Loan amounts vary from R100 000 to R5m1.• 100% loan to value (LTV) up to R5m.• Fixed or variable interest rate options.• With NedRevolve you can deposit extra funds into your account and save on interest charges. You can withdraw these funds any time you desire.• Nedbank Accelerated Paymentsallows you to pay off your home loan sooner than the term stipulated in your home loan agreement. BUILDING LOANThis loan will finance the construction of a dwelling, or additions and improvements to an existing structure. • Ordinary home loan features apply.• It is paid out as the building progresses, for the work that has been completed.• Builders must be NHBRC3-approved.• Building must commence within an agreed period, normally not more than three months after transfer or as agreed in the building contract. NOTE: This exc
