Skip to content

What are the requirements for a joint bond application

There are many reasons for multiple people to apply for a joint bond. For example, an unmarried couple can obtain certain benefits, and business partners may wish to purchase a property together.

Joint bonds require the same process as single home loan application, except that all parties involved will be assessed. The credit records of all parties will be taken into account.

By law, joint bond holders have to accept that they are responsible for the total bond repayment. That means if one partner defaults, the other will be held liable for their share of the bond.

Get prequalified to find out your credit record and determine what bond you would qualify for. You can get prequalied by contacting an expert at ooba Home Loans or by using our free, online tool, the Bond Indicator.

Get a free home loan comparison

Multiple quotes from the big banks to compare.

Apply

Ranked #1 in Banking on Hellopeter

hello-peter
image-stars

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