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 expert will contact you to collate any supporting documentation needed by the bank to complete the process. Your application will be submitted electronically to all the banks that have products suited to your profile and affordability.

If all goes well, the bank will approve your application in principle. A quotation setting out the cost of credit, interest rate applicable and special conditions will be issued following successful assessment of the property.

Browse ooba's home loan calculators, including bond addordability & bond repayments, as well as current mortgage interest rates from South Africa’s leading bond originator.