eBond Application Form Guide
Thank you for your enquiry. In order to ensure that you receive the best possible bond, please complete the attached eBond application form and return it to us with the necessary supporting documents. A check list of the supporting documentation required to accompany your application is also provided for your reference. The following notes may help you in completing the application: • • • • • Page 1: please complete from ‘Company Details’ onwards only (company details to be provided if bond is to be registered in company name) Page 2 onwards: please ensure the information given is accurate as the bank may ask to be provided with supporting documents upon loan approval Please be sure to sign the application on page 4 Pages 4, 5 & 6 relate to information regarding a co-applicant, which only requires completion if you are applying with a partner and wish to have their earnings considered for the bond application Page 6: Loan Details o Registration amount – IMA will complete o Monthly repayments – please leave blank o Rate option – currently most people chose to go with a variable rate, which offers a lower current rate but no assurance that the rate will remain constant. A fixed rate option is available and will fix the rate for 12, 18 or 24 months. However the longer the rate is fixed, the higher the interest rate will be. Fixed rates are currently about 1.75% higher (on a 24-month fixed period) than variable rates. Page 7: to complete page 7 you will need your offer to purchase and some input from the agent/owner Page 8: please complete only the preferred branch area. We will discuss the loan options with you in detail and complete accordingly.
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If you should have any questions or require assistance on completing the form, please do not hesitate to contact us: 0861 112-932.
IMA Mortgage Advisors cc, trading as IMA Directors: Ben Solomon, Nigel J. Hall, Jane L. Carter Nedbank Hout Bay, Account: 1676022813 Suite #34, Private Bag X4, Hout Bay 7872, Cape Town, South Africa Tel: 0861-112-932 Fax: 011-507-6882 www.IMA.co.za
Supporting documents required: • • • • • • • • • Proof of last 3 months salary: salary slip, bank statements 12 month Business Income Projection, if you own a company Please provide an income projection if you have less than 2 years trading accounts at the current business Income for the current or latest tax year from Accountants If you are self-employed the banks will require proof of income. If you have a tax advisor they can produce a letter confirming your income for the previous two financial years of your company as well as your personal income. Copy of Deeds or ‘Offer to Purchase’: depending upon status of property against which the bond will be taken Copy of ID / Passport. Lease Contract on Property If the property is an investment, then a copy of a lease agreement or an estimated lease/rental income (from the developer or estate agent) will help support your application
In addition please indicate if, from personal experience, you have a preference of any of the leading banks. Thank you in advance for placing your trust in IMA.
Kind regards, The IMA team
IMA Mortgage Advisors cc, trading as IMA Directors: Ben Solomon, Nigel J. Hall, Jane L. Carter Nedbank Hout Bay, Account: 1676022813 Suite #34, Private Bag X4, Hout Bay 7872, Cape Town, South Africa Tel: 0861-112-932 Fax: 011-507-6882 www.IMA.co.za