How A New Home Loan Application Works
This will take approximately 5 to 10 minutes
Answer a few questions to start your application
1.Tell us a bit more about yourself
2. Review and confirm what you need
Review & Submit
Review your information and submit your application when ready.
* Latest 3 months’ salary slips
* Latest stamped 3 months’ personal bank statements
* Copy of your ID document
* Copy of marriage certificate or antenuptial contract (ANC)
* Copy of the offer to purchase
The right solutions for the right home
A home loan will offer you the finance you require to purchase an existing residential property. This loan may be combined with a range of facilities and options to personalise your home loan.
To qualify for a Mileage Financial Home Loan you’ll need to meet the following criteria:
Future use takes into consideration the hectic pace of life today and the fact that your needs change from one moment to the next. By planning ahead, you can use the available value in your home to your best advantage.
* Individual: min. income of R20 000 per month
* Joint application: at least one of the individuals must earn a min of R20 000 per month
* A property valued at R600 000 or higher
* You need to be 18 years or older
* Have a clear credit record
* Meet the affordability criteria
* Have the legal capacity to sign a contract