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With The FNB Smart Housing Plan Loan Your Old Mutual

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									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.




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       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.




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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




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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

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