The Property Corner with Rowan Alexander

How old can you be to get a home loan in South Africa.


Listen Later

In this episode, we explore age limits when applying for a bond in South Africa. Can you still get a bond at 70? How do the banks view applications from people nearing retirement? We break down how Absa, Nedbank, Standard Bank and FNB approach late-stage bond applications, including maximum repayment ages and loan terms.


Whether you are planning your retirement, looking for a property investment, or simply curious about bond options later in life, this short episode gives you a clear understanding of what to expect and how to prepare.


Remember, while the banks generally require bonds to be fully repaid by the age of 75, you may still apply later in life if you can show the ability to repay.


Like, subscribe and hit the notification bell to stay up to date with our latest episodes.


In this episode:

00:00 Introduction

00:39 How banks view age limits for bonds

01:38 Bank policies

03:11 Why people over 65 still apply

04:57 Affordability after retirement

06:53 Final answer


#BondApplication #PropertyInvestment #BondTips #FinancialPlanningSA #RetirementPlanning #SouthAfricaProperty


Subscribe to us on your favourite podcast platform : Youtube: http://youtube.com/@propertycornerzaSpotify: https://shorturl.at/horJTApple Podcasts: https://shorturl.at/alFG7

...more
View all episodesView all episodes
Download on the App Store

The Property Corner with Rowan AlexanderBy Rowan Alexander


More shows like The Property Corner with Rowan Alexander

View all
Personal Finance with Warren Ingram by Radio 702

Personal Finance with Warren Ingram

7 Listeners

The Diary Of A CEO with Steven Bartlett by DOAC

The Diary Of A CEO with Steven Bartlett

8,380 Listeners

Honest Money by Warren Ingram

Honest Money

12 Listeners

All-In with Chamath, Jason, Sacks & Friedberg by All-In Podcast, LLC

All-In with Chamath, Jason, Sacks & Friedberg

10,018 Listeners

Moneyweb Crypto by Moneyweb Radio

Moneyweb Crypto

2 Listeners

The Property Pod by Moneyweb Radio

The Property Pod

1 Listeners

The Corder Report Powered by eNCA.com by Dan Corder

The Corder Report Powered by eNCA.com

7 Listeners