I wanted to share with you a really touching appreciation letter I received from a client this morning:
Dear Zulika
Once again ,I would like to thank your for the exceptional service that you render.I would definitely recommend you to any first time buyer so that this smooth transition leaves them with no stone unturned and with peace of mind of being in safe hands and achieving the best deal possible.With your words of wisdom & insights of how the banks operate is the best security a person could ask for especially when the nitty gritty is concerned and a first time buyer could easily be mislead.You definitely have the highest of abilities to help people aquire a dream of owning a home of their own.
Regards
D.Chetty
So, if you need a home loan and you would like to use our service, please do not hesitate to contact us.
Friday, January 21, 2011
Monday, January 3, 2011
How to Get a Home Loan Without Using a Bond Originator
In many circles bond originators are in the same popularity category as lawyers and accountants, therefore many people these days are seeking to rather go directly to the banks so that they have more "control" over the application.
Below are the tasks involved in obtaining home loans on your own:
1) You would need to complete at least 5 different application forms if you are hoping to get a fair chance at choosing a competitive package
1.1) This means that you would either physically need to drive or walk from one bank to the other, or, for those who are more Internet savvy, complete online applications.
2) If you have opted for the "going into each bank" route, you would also need to have originals or copies of originals of your bank statements, ID and latest payslip.
2.1) If you have opted for the online application you are going to have to send 5 different faxes and hope and pray they actually receive it. In most cases you are going to have to send your faxes.
3) Phone each bank each day and follow up on the application. It usually takes an average of 4-5 working days to process, so that means you're going to have to phone each bank each day for 4 days, that's 20 phone calls. You also better hope that the home loans department doesn't cut you off, ask you to call later because they're offline, or that they keep you holding so long you HAVE to call again.
4) Should there be complications, or if your application is declined, you have to deal with a call centre, so, because you don't speak to the same person every time you have to explain the story over and over again - hopefully that's not the case at all the banks.
The above is NOT an exaggeration.
The bottom line is, if you don't have a private banker looking after your needs, and in most cases that doesn't even help, it is better to deal with a reputable bond originator that is experienced and is committed to assisting you.
Their service is free and they go through the hassles explained above on your behalf.
If you want to apply for a hassle free home loan then don't hesitate to contact us today on: info[at]gpfmortgage.co.za (replace the [at] with @)
Below are the tasks involved in obtaining home loans on your own:
1) You would need to complete at least 5 different application forms if you are hoping to get a fair chance at choosing a competitive package
1.1) This means that you would either physically need to drive or walk from one bank to the other, or, for those who are more Internet savvy, complete online applications.
2) If you have opted for the "going into each bank" route, you would also need to have originals or copies of originals of your bank statements, ID and latest payslip.
2.1) If you have opted for the online application you are going to have to send 5 different faxes and hope and pray they actually receive it. In most cases you are going to have to send your faxes.
3) Phone each bank each day and follow up on the application. It usually takes an average of 4-5 working days to process, so that means you're going to have to phone each bank each day for 4 days, that's 20 phone calls. You also better hope that the home loans department doesn't cut you off, ask you to call later because they're offline, or that they keep you holding so long you HAVE to call again.
4) Should there be complications, or if your application is declined, you have to deal with a call centre, so, because you don't speak to the same person every time you have to explain the story over and over again - hopefully that's not the case at all the banks.
The above is NOT an exaggeration.
The bottom line is, if you don't have a private banker looking after your needs, and in most cases that doesn't even help, it is better to deal with a reputable bond originator that is experienced and is committed to assisting you.
Their service is free and they go through the hassles explained above on your behalf.
If you want to apply for a hassle free home loan then don't hesitate to contact us today on: info[at]gpfmortgage.co.za (replace the [at] with @)
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