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What are the best home loans for first-time buyers?

The 100% home loan is a strong option for first-time homebuyers. It removes the need for a deposit, which many first-time homebuyers find to be the biggest obstacle to buying a home.

Of course, monthly repayments and interest rates will be higher, so it costs more in the long-term, but in the short-term, it’s a way to get a foot in the door and acquire a powerful asset.

Note You can use our Bond Repayment Calculator to determine what your monthly repayments will be on a 100% home loan.

Banks are more likely to grant 100% home loans at the moment as they look to stimulate the property market in the post-lockdown period.

ooba Home Loans has a good relationship with all the major banks and can help you secure a 100% home loan.

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Ooba home loans services are simply the best. My Consultant Bianca Dancer was so hands on and helpful from the get go. She guided me through the entire process and put me at ease being a first time buyer. I highly recommend their services.

Tia J

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Jay Govender and Maleshini Reddy from OOBA provided outstanding assistance and guidance in securing our home loan. Response times were excellent and they were professional and friendly.

Brice G

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Estelle Vorster was really helpful in securing the best deal for my home loan, she not only negotiated a lower interest rate she went as far as securing 50% discount on the transfer costs.

Butana M

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