Home Loans

Introduction

Standard Chartered Bank home loans are the perfect solution to offer you fast flexible financing. Whether you are first time buyer, looking for investment in property or simply want to upgrade your home, Standard Chartered Bank will help turn your dreams to reality

Product Information

1. Home Purchase

Take up a Standard Chartered Bank Home loan and enjoy the benefit of flexible repayment and affordable rates.

2. Equity Release

Make your property work for you through an equity release loan. Equity is the difference between your mortgage balance and the market value of your house. Whether you want to renovate or extend equity release is the most affordable solution to your needs. Take up an equity release loan, simply Contact us to find out how you can unleash the value of your home.

Useful tip: Property appreciate and increases in value over the years.

3. Top-Up

Top up your existing home loan and use the funds to meet your needs. Our top up solution offers cash back to enable you to adequately manage your finances. Funds can also be used to improve you home.

4.Balance transfers

We can re-mortgage your home by taking over form a financial institution at affordable rates. Through our balance transfer solution, you can get a cash back i.e. difference between the settlement loan balance and what you qualify for with a Standard Chartered Bank home loan.

5. Loan Consolidation

Combine all you loans under one basket and have peace of mind through loan consolidation. Enjoy the benefits of lower premiums by combing your loans as the repayment will be spread over a longer period at lower interest rates. It is more affordable, to find out more contact us

Product Links

1. Buying your home

Let Standard Chartered Bank home loan buy you your home

2. How to top up your loan

Find out how to top up your loan

3. Equity release

Make your property work for you through an Equity release

4. Refinancing

Helpful links

1. Steps to buying your home

There comes a time in life where owning your own home is a necessity, especially when you think about how much money is spent on rental. Buying property for the first time can seem complicated. Find out how to own your home in 6 simple steps.

Step 1 Calculate

Find out how much you can qualify for using our Affordability calculator. This will aid you in quest to acquire property

Step 2 Identify your home

Now that you know how much you can afford as a home loan, the next step is to find the property. Local estate agents can be particularly useful. Also check in local newspapers and advertisers for the latest affordable properties

Useful tip: beware of fraudsters ensure that the person you a re dealing with is reputable. Insist on seeing title deed of property in question

Step 3 Make an offer

Once you have identified your property of choice it is time to get an offer on the table. Make an offer and once it is agreed by both parties have it in writing. This will come in handy for your home loan application.

Useful tip: ensure that you are getting you monies worth. The sale value is in most cases lower that the OMV (open market value of the property). If there is no valuation report check out the asking prices for similar properties.

Step 4 Apply

So you spotted your next home and you have an offer in writing, put an application through our home loan centre. Simply apply on line (link to online application form) or visit our home loan centre (link to contact us). Ensure you have all the required documentation (link to required documents) to fast track your application.

Step 5 Register

Once your home loan has been approved you will need to register a bond. You will need to go through an attorney. You will incur bond registration fees and legal fees. Ensure that rates are cleared by obtaining a rates clearance certificate

Useful tip: rates are due annually; ensure you keep your payments up to date.

Step 6 Move in

Congratulations! You should now have the keys to your new home. Move in and discover how you can make your property work for you through Standard Chartered Bank equity release

3. Managing your loan

It is important to ensure that you manage your loan effectively through out the years. Find out how to free up extra income through loan consolidation and reduce your loan term by making extra repayment

4. Investing in property

Find out how investing in property can work for you whether you are buying to rent or buying to live in property investment is also certainly guaranteed to give you return on your investments.

5. Home loan Solutions

Standard Chartered Bank Home offers you a range of home loan solutions to suit your needs. Find out how much you qualify for and fill in an application on line

Improving your home (top-up)

Simply top up your home loan and use excess funds to improve your home and increase the value. Whether you want to pave, fit a new kitchen, bathroom, garage our put in a swimming pool, contact us

Do I qualify for a home loan?