Skip to content

How long does it take for a home loan to be approved?

It will take between seven days and two weeks from the day the home loan application is submitted. The size of your deposit, your credit score, and the value of the property will all play a role in how long it takes for your home loan to be approved.

The home loan application usually takes place after the Offer to Purchase is signed, and is followed by the bond registration process.

Ranked #1 in Financial Services on Hellopeter

hello-peter
image-stars

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