Earn a gross monthly income of R27,200 or less (single or joint).
How it works
1. Find out how much you qualify for
Use our preapproval to see how much you might qualify for or contact one of our home loan sales consultants.
2. Apply for a home loan
If you meet all the requirements, you can request a call back and a dedicated home loan sales consultant will assist you with your home loan application. See below for a consultant in your area
3. Open an account
To qualify for the cashback, you’ll need to open a Nedbank account and move your salary to it if you do not already have one.
4. Get cash back
Once your home loan is approved, a cashback of R5,000 will be paid into your Nedbank account after the bond is registered.
Owning a home is an achievement to be proud of
If you earn a gross monthly income of R27,200 or less, you may qualify for the following:
- Up to 100% of the property value, or up to 115% if you are a first-time homebuyer. Use the extra funds to pay for bond and transfer costs.
- Get R5,000 cashback paid into your Nedbank transactional account.
- Get a 50% discount on your attorney’s bond registration fee.
- Get a preferential interest rate on your home loan if your salary is paid into a Nedbank account.
- Receive dedicate quality service from our home loan sales consultants. See below for a consultant in your area.
- You also have the option of adding your initiation fee to your home loan amount.
Stand a chance to win
Pay your monthly instalment on time and stand a chance to win the balance of your home loan, up to R1,5 million, with Greenbacks Responsible Borrower.