Immigration South Africa - What are the costs involved in moving my home loan / mortgage in South Africa to a different bank or financial institution?

Property Finance in South Africa

ID #3604

What are the costs involved in moving my home loan / mortgage in South Africa to a different bank or financial institution?

What are the costs involved in moving my home loan / mortgage in South Africa to a different bank or financial institution?

When moving your home loan to a different bank in South Africa you will have to pay cancellation fees to the existing bank that holds your bond and attorney’s fees for the new bond application. Some financial institutions will ask for an initiation fee.

this information on home loans and mortgages was supplied by natasha@incompass.co.za

more useful links below:-

How many months notice do I need to give my existing bond holder if I want to move my mortgage bond to a different bank in South Africa?

What is a bond originator?

Tags: -

Related entries:

437/3%Last update: 2008-12-11 12:54
Author: claus lauter
Revision: 1.0