You can own the perfect home for your family. Apply for a home
loan today and get a house to call home.

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What you can expect
  • What you get

    • Build a house.
    • Buy a house.
    • Extend your existing house.
    • Transfer an existing home loan from another lender to Absa.
    • Convert some of the value of your property to cash.
    • Use your house as security to raise capital for other projects.
    • Get a bridging loan, for a maximum of 12 months, while your present home is being sold.
  • How it works

    • We will approve your loan in two working days and give you a letter of intent.
    • You don’t have to bank with Absa to qualify for a home loan (post approval you’ll have to move your income to Absa if you’re not a customer).
    • If you’re building a house, we lend up to 80% of the value.
    • You can combine your and your spouse’s income to qualify for a higher amount.
    • Your loan amount depends on your income and the value of the house you are buying.
    • The maximum repayment period is 25 years or up to the age of 65, whichever is shorter (depending on your retirement age).
    • Your property is the security for the loan.
  • What we’ll need from you

    • An arrangement fee of the loan amount and VAT.
    • You will be asked to produce:
      • Payslips
      • A letter from your employer confirming your employment and income
      • A copy of the title deed for the property
      • A sale agreement letter
      • A valuation report
  • If you’re building, we also have to see

    • Approved council plans
    • Valuation report of plans
    • Title deed
    • Bill of quantities
    • Quotations from three contractors
  • If you’re re-mortgaging, we must have

    • Settlement letters of all facilities that you’ll be clearing
    • Title deed
    • Valuation of the house (we recommend using a valuer from our panel)

Need more help?


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+255 (0) 746 882 000 
from 08:30 to 17:00


Abby: +255 743 254 244