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How long does it take for the bank to approve a home loan in South Africa?

Home loan approval usually takes around one week, although it can take longer if certain requirements haven’t been met.

You can use our Bond Calculator to determine what home loan you would qualify for. This way, you can look for homes within your price range, thereby improving your chance of home loan approval.

Other ways to make the proces smoother include:

  • Having a good credit record.
  • Putting down a large deposit.

Ranked #1 in Financial Services on Hellopeter

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Average rating of 4.82 from over 3 000 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