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Can I borrow against my house to buy another house?

Yes, you can use your home equity to finance a new home purchase. And it’s an effective, low-cost way of funding a home loan.

Home equity is the difference between the value of the home and what you owe on the home loan. You can apply for a new home loan and use your home equity to fund it. The new home loan will have its own interest rate, either fixed or variable.

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Ranked #1 in Banking on Hellopeter

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Average rating of 4.86 from over 4 550 reviews

Simply The Best

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

Excellent Service

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

Bond Application

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