One of the most common roadblocks to a smooth transaction is wrapping up home finance. Buyers may fall in love with a property, but without a home loan secured, that dream can stall or collapse altogether. This is where the GetGo Home Loans bond originators step in as invaluable allies to property practitioners.
A declined bond application doesn’t have to mean the end of the sale. Often, it’s just the start of a new conversation. With the right guidance, persistence and creative thinking, many buyers can still secure financing and turn their property dreams into a reality.
The South African Reserve Bank (SARB) holds one of the most critical responsibilities in the country’s economy: setting the repurchase (repo) rate. This key number influences the interest rate at which money is loaned to businesses and individuals, which in turn is a driver of economic growth by facilitating investment, consumption and job creation.
