Sanlam Home Loans offers home loans with the following features:

• variable interest rate linked to the Sanlam Home Loan rate

• terms up to 20 years
• surplus funds can be paid into the loan and withdrawn when needed
• 50% discount on bond registration cost (excluding postage and petties) in case of switching
• further advances possible.

Whether you already have a mortgage bond registered with another financial institution or whether you need a new home loan, just consider the benefits of a home loan through Sanlam Home Loans:

• you'll pay lower interest rates – concessions of up to 2%

• you may use the value of your house to raise cash, consolidate debt or buy a new home

• you'll do business with a company, in a group, that you know and trust, and
• you can get qualified financial advice on how your home loan can complement your financial planning.

Why can Sanlam offer you a lower interest rate?

In South Africa, banks traditionally provide home loans by getting their funds from their own investors and depositors. To service these investors and depositors means banks must have an expensive branch network.  They then add 3% to 5% interest on to the cost of these funds to cover overheads and still provide a profit margin for themselves.

At Sanlam Home Loans, we are linking individual borrowers directly to the wholesale investors through a process called securitisation.  Therefore we don't need an expensive branch network, thus saving borrowers millions.

Sanlam aims to be the leader in wealth creation. This vision touches the entire spectrum of our clients; personal finances, and now includes home loans ; because Sanlam knows that a house is the most important financial investment that many people will make in their lifetime.

Sanlam Home Loans was created to fulfil this need. We offer home loans at competitive rates through the use of a low-cost operating model, backed by the excellent service that youve come to expect from Sanlam.

Sanlam Home Loans (Pty) Ltd, Reg no. 2003/029810/07, is one of Sanlam;s joint venture companies.