SA Homeloans
SA Homeloans Promise, but don't ask them to delive

Business & Finance

We are in the process of buying a house. It is sold by the bank (ABSA) and we wanted to apply for a home loan through SA Homeloans, because they make all these wonderful promises on their radio adverts. But when I phoned them, I was told you cannot fincance a house through them if it is a bank's house. As they do not deal with loans for property from other institutions. Only if you buy a house from a person, they will deal with the home loan.

So I suppose getting a loan through SA homeloans, it has to be paid in full by the previous owner, before you can get a loan from them??? This makes no sense at all.

Why can I not get a loan for a house that I am buying from a bank? Is all homes not bank property until paid off? Telling you it is a hassle free experience to get a loan from them... if you are buying from another person, not a bank...

They to the public and this should be taken further. They should specify in their advert, that you cannot get a loan if the property belongs to a bank, but only if the property belongs to a person.


Company: SA Homeloans
Country: South Africa
City: Head office
  <     >  

RELATED COMPLAINTS

Standard Bank
Home loans declined due to incompetance

SA Homeloans
BUYING A BANK DISTRESSED PROPERTY

Standard Bank
Billed for money that i never received

Standard Bank
Gave me Home loan on wrong address

Standard Bank
Auction property purchase Headache

First National Bank
Very unhappy and DISGRUNTLED

Standard Bank
Poor service leading to me changing my bank

First National Bank
FNB refuses to free me from the suretyship contrac

First National Bank
Decline of homeloan without reason after approval

Nedbank
MY HOME LOAN WAS APPROVED, NOW PENDING