Bond Approval in South Africa: A Simple Guide for First-Time Buyers
Buying your first home is a beautiful milestone. It brings the promise of stability and independence, but with words like bond approval and credit score, it can feel overwhelming. This guide breaks it down step by step — in plain, simple terms.
What is Bond Approval?
It’s when a bank agrees to give you a home loan — the first step toward making your dream home yours.
How to Get a Home Loan
1. Check Your Credit Score
Banks look for 600+. Use ClearScore or Experian to check yours for free.
2. Gather Your Documents
SA ID/passport, 3 months’ payslips & bank statements, proof of address.
3. Apply to Multiple Banks
A bond originator (like SAProperty.com bond originator) sends your application to several banks to get the best rate.
4. Wait for Offers
Banks respond in 3–7 days with your loan amount, interest rate, and monthly repayment.
5. Accept & Finalize
Once you accept an offer, attorneys handle the transfer. The home is officially yours.
Need Help?
SAProperty.com’s bond originator can guide you, compare offers, and handle the paperwork.
Getting bond approval might seem like a mountain — but step by step, it’s just a path. With the right guidance, steady documents, and a bit of patience, the keys to your first home could soon be jingling in your hand.
