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Can I negotiate my home loan interest rate? | Fin24

A Fin24 user wants to negotiate his interest rates on a property before he applies for a home loan. He writes:

I asked my bank for a quote on what my interest rate would be. I was told that I should use the online calculator as this is accurate.

However, they will only do a full credit check and put in the actual application once I have made an offer on a property.

My issue is that at that point...

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Related topics : home loan rate interest / bank loan interest rates / mortgage loan rate of interest / interest rates loan / mortgage rate home loan

Upset about cession on loan agreement | Fin24

A Fin24 user has a problem with Absa's standard cession document relating to home loans. He writes:

After a year long battle with Absa [JSE:ABSP] I am about to, under duress, give in on an issue that I feel not only compromises me, but each and every client of theirs that has a bond from this institution.

The loan agreement that I signed (for a bond), included a clause that noted that, should I...

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Related topics : loan home mortgage / mortgage debt loan / company loan agreement / loan mortgage interest / loan and mortgage