Documents not issued in English may require translation. Additional information may also be requested depending on the applicant and lender.
DOES LIVING ABROAD AFFECT THE DEPOSIT?
It can.
The finance available depends on the applicant’s circumstances, residency classification and the lender’s requirements. Applicants living abroad may need to contribute a larger deposit than locally based buyers.
Foreign-exchange requirements may also apply where purchase funds are transferred into South Africa. The source and movement of those funds should be clearly documented.
HOW CAN A BOND ORIGINATOR HELP?
A bond originator can assist by:
- Reviewing the proposed application
- Explaining the information required
- Helping organise supporting documents
- Submitting through available lending channels
- Communicating lender queries
- Presenting available offers
- Helping the applicant understand the next steps
The bank makes the final lending decision.
Risi-Pro provides licensed bond-origination support for South Africans living and working abroad.
Hands-on managing agent services for bodies corporate, homeowners associations and new developments.
Licensed assistance with South African home loan and mortgage applications.
Local support for South Africans abroad and international investors with property interests in South Africa.
Practical support for owners reviewing performance, finance, growth and longer-term property plans.
Property-led accounting, public officer services and specialist tax coordination through our professional partner.