BetterBond Loans Review
Easy to apply
Approval time
No hidden condition
Renewal rules
Service quality
Customer support
Borrower requirements
  • You must be 18+
  • Reside in the SA and have a valid ID
  • Provide proof of your income
  • Have an active checking account
  • Bank account
  • Credit or Debit card
Contact information
Phone number: 021 557 9401
Monday - Friday 08:00 - 18:00

BetterBond is the country’s leading home loan originator. The company’s property finance products and solutions unlock the dreams of ordinary South Africans.

BetterBond has developed an online credit checking service that allows prospective buyers to get their financial status and credit profile sorted out before they start looking for a home. This service is free of charge.

Loan parameters
  • Loan amount
    R1,000 – R50,000,000
  • Interest
  • Term
    1 – 30 years
  • Age
    18+ years

What is a home loan?

A home loan in BetterBond is the largest financial obligation most of us will ever take out, and understanding what you’re signing on for can help you choose the mortgage that best fits your needs. There are many options out there, so it’s important to consider the factors that can make a difference in your decision.

The most obvious consideration is your credit score. A high score can improve your chances of getting a lower interest rate and shorter payment terms, so it’s important to maintain a good credit history as you move forward with your mortgage application.

Your age and income are also key factors in determining your eligibility for a home loan. If you’re young, you may qualify for a larger loan amount, while steady employment and a high income can also improve your odds of approval.

Other factors that affect your mortgage options in BetterBond include property tax and homeowner’s insurance. Typically, your lender will collect these taxes and premiums as part of your monthly mortgage payment and place them in an escrow account. The escrow account is used to pay these bills when they come due.

Lastly, you’ll likely need a good home inspection before closing on your new home. This can be especially true if you’re buying a newly constructed or remodeled home.

The best home loan is the one that suits your personal and family situation. Taking the time to understand the different types of mortgages available and how monthly mortgage payments break down can help you decide which is right for you. Then, you can start shopping for your dream home with confidence. The right home loan will save you time and money in the long run!

What are the requirements for a home loan?

Getting a home loan can be a confusing and complicated process. BetterBond will ask you a lot of questions about your credit history, employment history, and debt-to-income ratio. This can be intimidating and overwhelming, especially for first-time homebuyers.

It’s a good idea to do some research before you start applying for a home loan. This will help you to determine which lender is right for you and your family’s needs. It also helps you decide how much to offer on a home and what interest rate you should choose.

The most important requirement for a home loan in BetterBond is that you have a positive credit score and can afford to make the monthly mortgage payments. This is usually determined by your debt-to-income (DTI) ratio, which is a calculation that factors in all of your monthly debts – including the new mortgage – against your total monthly income.

This will help the lender determine how much you can afford to pay each month for your home and whether you can afford to make the monthly payments over the life of the loan. It’s important to note that a low DTI can help you get a better interest rate on your mortgage.

What are the fees for a home loan?

If you’re in the market for a home loan, it’s important to be aware of the fees that are associated with it. These fees can vary widely depending on your financial situation and loan type, so be sure to understand them before applying for a home loan in BetterBond.

How do I get a home loan?

If you want to purchase a property in South Africa, you will have to obtain a home loan. You can get a loan from various banks or financial institutions. BetterBond is one of the leading institutes that can help you get a home loan in South Africa. They have been helping a lot of people to become homeowners since their establishment.

Your comment

Fast and Easy Loans Online
Fast and Easy Loans Online
Ready? Get it only in 5 minutes!


Mandisa Palmer
Quickly consider a loan application and transfer money to an account
Lerato Nkosi
I appreciate the convenience of online loan services for those moments when I\'m short on cash. When an urgent payment arises, there\'s always a lending company ready to assist. While there\'s a slight premium to pay later, the interest rates are quite reasonable.
Benjamin Shabalala
The service does not really stand out against the background of its counterparts, but they gave me here without any problems at 0.01 percent. A small amount was approved, of course.
Natalie du Toit
Loans are issued quickly if pressed and loans are not given at the bank. Simple and clear site. Convenient withdrawal of funds possibility of early repayment of the loan
Apply Now

Applying does NOT affect your credit score!

No credit check to apply.