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South Africa Overseas Mortgage - CCC Financial
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South Africa Overseas Mortgage
We have overseas mortgage lenders who will :- give 100% mortgages accept adverse credit history mortgages with no deposits.
Includes South African Residential Property
Loans available for the majority of Nationalities for either House Purchase orre-financing for Home Improvement purposes only.
Type of Loan:Repayment Mortgages only for loans over 10 years, but part Repayment & Interestonly possible for loans under 10 years
Minimum: SAR 2,000,000 with no maximum, subject to 80% of valuation (UP TO 100% LTV)
We have a flourishing 'self cert' scheme both in Sterling and Dollar. It's very popular and has the same interest rates as full status.
Proof of Income: It is a requirement in all cases that borrowers are able to provide proof ofincome. The definition of income may vary from one lender to the next, butgenerally comprises earned income, pension, rental income and investment income.Each lender may have a different approach in making allowance for a particulartype of income, when they establish the maximum loan available for a borrower.
Non-status loans are not available at this stage.
Term:Up to 20 years - up to borrower being age 70
Currency:South African Rand only
Current Variable Interest Rate:Euros 4.85% or Sterling 7.45%
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South Africa Overseas Mortgage
South Africa Overseas Mortgage
South Africa is an exhilarating, spectacular and complex country. With its post-apartheid identity still in the process of definition, there is undoubtedly an abundance of energy and sense of progress about the place.
Travellers too are returning to a remarkable land that has been off the trail for way too long. The infrastructure is constantly improving, the climate is kind and there are few better places to see Africa's wildlife.
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