pre-approval
Your pre-approval certificate lets you know what you can afford to buy. It also gives you credibility with sellers when you want to submit an Offer to Purchase (OTP) on their property.
How do I get pre-approved?
- When you decide you are ready to start the house-hunting process, contact Mortgage Express to get pre-qualified for a home loan by filling out the Pre-Approval form and submitting it to us.
- We will take you through the pre-qualification process where you will need to submit supporting documents. A credit check and financial assessment will need to be done. Once that is completed we will issue you with a pre-qualification certificate that is valid for 3 months. Now that you know what you can afford you can start your search for your dream home.
- Once you have found your perfect home and are ready to submit an offer to purchase, contact the Mortgage Express Specialist to assist you with your home loan application. You will need to send us your Offer to Purchase (OTP) along with your application once completed. We then submit this to all the banks and negotiate the best deal on your home loan – all at no cost to you.
Need a Pre-Approval
Monthly Repayment Calculator
What will your dream home cost per month?
Fees that is excluded from the above mentioned installment:
- Banking Fee of R69.00 per month
- Short Term Insurance (H.O.C. – Home Owners Comprehensive insurance)
- Life Insurance (Only compulsory with certain financial institutions)
- Municipal Costs and or Levies (These costs do not always comply to every type of property, do enquire the costs involved with your estate agent)
Disclaimer
The estimates contained on this webpage are provided for general information purposes and should be used as a guide only. While every effort is made to ensure the accuracy of the calculator, Mortgage Express cannot be held liable for any loss or damage arising directly or indirectly from the use of this calculator, including any incorrect information generated by this calculator, and/or arising pursuant to your reliance on such information.
Contact us today to find out more about your pre-approval
Speak to an expert to help you get started