FAQ

What are the benefits of using ooba?

By using ooba, you'll avoid the red tape involved in going from bank to bank, dealing with tedious and repetitive paperwork, and not knowing whether you're g

03 April 2013
Are there any costs, if I use oobabond?

No, there are no costs. The banks pay ooba an outsourcing fee to complete the application process.

03 April 2013
Is there any obligation to accept a home loan sourced by oobabond?

No. If we source a bond on your behalf, you can accept or decline it. You're not obliged in any way.

03 April 2013
When will I need to contact a home finance expert?

When you want to get pre-qualified for a bond, or if you're ready to apply for a bond, just co

03 April 2013
What makes ooba different to other home loan brokers?

oobabond is the only full service bond origination company in South Africa, capable of handling the entire

03 April 2013
How will I be able to track my application status?

Your ooba home finance expert will keep you in the loop throughout the entire process.

03 April 2013
How long will it take to get a home loan approved? (in principle)

Usually, home loan applications are approved in principle within a couple of days, as long as all of the

03 April 2013
If I'm pre-qualified through oobabond, how will I get a full loan grant after I have made an Offer to Purchase?

All you have to do is inform your dedicated ooba property finance expert and they will complete the application process on you

03 April 2013
What if I already have a pre-qualification from another bank?

ooba can complete the application process on your behalf - or we can investigate the possibility of getting a competitive rate from another bank.

03 April 2013
After I apply for a loan online, what should I expect?

When we receive your home loan application, a credit check will be performed and an ooba home finance exp

03 April 2013
Do I have to apply online?

You can either apply online or by using the "please call me" form on this website - and an ooba home finance expert will contact you.

03 April 2013
Who will see my application?

Only those parties involved in processing your application will view your application details.

03 April 2013