Why Use A Bond Originator

A Bond Originator offers a 100% FREE SERVICE, to you the home loan (bond) applicant, assisting you with your home loan application through their contacts at all the major banks in South Africa. 60% of all Bonds in South Africa or processed by Bond Originators.

Good advice
Do not be just another application on a bank consultant’s desk. The bond originators with whom Cape Coastal Homes (CCH) has aligned ourselves, pride themselves in getting up close and personal with our clients, therefore knowing their individual financial situation which can help them to advise the client on which product and which bank to go with.  Experience has been their teacher and you can share in these invaluable lessons by using their services.

Regular communication
The consultants are trained to give the utmost service which means keeping you up to date throughout the whole bond registration process. They are also aware that not everyone is informed with the bond financing lingo (i.e. AIP’s, LTV, RTI etc.) and so they keep things as simple as possible so that you know exactly what is going on.

Time saving
When the bond originators receive a bond application, they straight away acquire rate requests from all the banks.  From the information they receive back from all the banks they are able to advise the client on which bank and product to choose.  For an individual to do the same would be very time consuming for them as they would have to visit each bank separately, fill out application forms at each bank and submit the relevant documentation.  With the bond originators we have aligned ourselves, you submit one application and one set of documents and they do the rest for you.

If you are an existing client with a specific bank who has an extensive record of all your past property transactions & your present financial standing, DO NOT fall into an expensive “I want to avoid all paperwork” trap. Spending time in completing a few documents may just be a very sound investment of your time! A long standing relationship with the bank consultant will not necessarily ensure you the lowest possible interest rate. Creating a healthy competition amongst the banks for your business should always be your motto – doing it via our bond brokers will be the most sensible way. At least let the bond broker compete with your bank consultant!

Good rate concessions
Because of the bulk business the bond originators do with the different banks, they have built up a good reputation and are therefore in a good standing with them. Bond Originators submit thousands of home loan applications annually, and because of this they have the power to negotiate a better rate for you, than you would as an individual. Through their systems which are aligned to their operating procedures they are able to give the banks the relevant information to assist them in making informed decisions and to therefore give good rate concessions.