Why switch to Nedbank?
Borrow against your home
Switch your home loan and borrow more if your home had extra value when the initial bond was registered, or if your home’s value has increased.
Pay less over a longer time
When switching your home loan to us you’ll stand to reduce your monthly repayments by selecting a loan term of 20 or 25 years.
Go green and save on electricity
Power your home with solar energy solutions by switching your home loan to us. For more information visit our Solar energy finance page.
Make your move in 6 steps
1. Submit your application
If we need more information to process your application, we’ll let you know.
2. Review the outcome
We’ll look at your affordability to see if you’ll be able to cover the monthly repayments on the loan amount you require.
3. Get our property valuation
We’ll conduct an assessment to make sure the property value is sufficient as security for the loan you need.
4. Receive the loan offer
If the credit and property assessments are a success, we'll send you a home loan offer, which you will need to accept.
5. The legal stuff
If you accept the loan offer, we’ll appoint an attorney to assist with the conveyancing process. You’ll need to sign the necessary loan documents, pay the relevant attorney fees and thereafter the attorneys will complete the process by lodging your bond with the Deeds Office.
6. Bond registration
The Deeds Office will complete the conveyancing process once they are satisfied. Once your bond has been registered at the Deeds Office, you will become the official and legal owner of your home.
