VIEWS: 3 PAGES: 4 POSTED ON: 10/25/2012
Give your Fund Members a better life We know that as Old Mutual Superfund Provident and Pension Fund, you want your Fund Members to fulfill their dreams and that you would like them to benefit from their funds upon retirement as well as now. By using the Smart Housing Plan through First National Bank (FNB), you can make a real difference in the lives of your Fund Members, they can own their homes or renovate existing property; we make possibilities become a reality with FNB’s Smart Housing Plan Loan. It should not be a dream or too far fetched for fund members to be able to afford their own homes. FNB Smart Housing Loan has a solution where Fund Members can use their retirement fund as security for a housing loan. In this way we can offer them housing finance that they need at very competitive interest rates. Smart Housing Plan is designed to leverage off pension and provident funds as collateral for Fund Members to raise a loan. It simply provides an opportunity for your members to gain optimal benefits from their pension or provident funds to buy a new home or upgrade their existing one. Old Mutual Superfund Provident and Pension Fund allows its Fund Members an opportunity through FNB to make a real difference in the here and now, delivering an opportunity for people of all income groups to make the necessary improvements to their homes that will enable them to raise their children in a stable environment and enjoy their lives and homes. Click here for housing benefits Click here for additional benefits Click here for application process With the FNB Smart Housing Plan loan, your Members will enjoy the following benefits: • The Plan provides your members with flexibility to buy a home wherever they choose or to renovate an existing property. • Your members can buy or improve their property provided that either they or one of their family members live in the home and it is their primary residence • Your members pay a lower interest rate on this housing loan, than if they borrowed in their personal capacity • Loan values and repayments are based on staffs affordability and their retirement fund • Flexible repayment terms from 12 months or longer based on your members credit risk profile • Affordable monthly repayments • Your members save on bank charges when repaying their loan via payroll deduction • If members bank with FNB, they will receive an SMS or e-mail notification as soon as the money is deposited into their FNB account by registering for inContact, a FREE messaging service from FNB • An individual quotation, valid for 10 days, giving members time to think about the offer or even choose not to wait and take up the offer immediately. Click here for housing benefits Click here for additional benefits Click here for application process Back to front page Your Members will also enjoy the following FREE Additional benefits: • Telephonic medical assistance • Ambulance service • Hospital admission cover of R5 000 per year if they do not have medical aid • Teacher-on-line • Repatriation of mortal remains within South Africa • Home assistance line, gardening and DIY helpline • Legal Line with 30 minute face to face consultation Click here for housing benefits Click here for additional benefits Click here for application process Back to front page How can members apply? Your members would have to complete a loan Pre–Approval form and fax it to FNB Smart Product House Fax No: 021 914 3795 What documents do members need to apply? • A green, bar-coded South African Identity document • Their latest original payslip(s): • one payslip if paid monthly, • two payslips if paid fortnightly, • four payslips if paid weekly • Proof of residence • If your Members don’t bank with FNB, they need to submit three months’ bank statement Although FNB offers your members competitive interest rates through our Smart Housing Plan loan, we remain committed to responsible lending practices and always check to ensure that they can afford to repay the loan before granting it. Click here for housing benefits Click here for additional benefits Click here for application process Back to front page
"With The FNB Smart Housing Plan Loan Your Old Mutual"