ooba Case Studies
In this market, it is critical that you use the services of an expert originator who knows how to position your bond for optimal success. The case studies that follow demonstrate how ooba’s expert advice and service ensured success for these happy homebuyers:
The ooba team had 2 challenges to overcome with this deal; the purchasers were non-SA residents and self-employed. Due to the clients’ poor credit profile, the application was declined by 2 banks.
The purchasers needed a substantial bond of R 3 300 000 and decided to approach several banks directly. After failing to secure a loan at any of the banks they turned to ooba for help.
This application had its first hiccup when all the banks declined the loan within days of submission.