Required Documents

bond originators
bond originators

Documents required for a new home loan application

SALARIED APPLICANTS

  • Latest 3 months consecutive payslips. Must be verifiable in bank account
  • If in receipt of allowances, commission or variable pay, then 6 months’ latest consecutive payslips are required
  • Detailed Income and Expenditure statement, signed by applicant(s)
  • Latest 3 months’ bank statements, stamped by the bank, not Internet statements
  • If in receipt of variable income, then 6 months’ latest statements will be required
  • Statement of Assets and Liabilities, signed by applicant(s)
  • If applicant is not a SA citizen, copy of residence and work permits
  • Rental contracts in respect of any rental income which may be used in assessing affordability
  • Clear copy of Identity document(s)
  • Offer to Purchase (Providing correct property & sales detail upfront. To be signed by all parties)

SELF-EMPLOYED APPLICANTS (Including sole proprietors and small businesses)

  • Latest 2 years audited business financial statements
  • Letter from auditor confirming personal income
  • If financials are more than 6 months old, then up-to-date, signed management accounts are required
  • Cash flow forecast for ensuing twelve months
  • Personal statement of Assets and Liabilities
  • Personal & business bank statements (Absa: covering latest 12 month period; other banks 6 months)
  • IT34
  • Company/CC/Trust – statutory documents
  • Identity document(s) of directors/members/ Trustees
  • Offer to Purchase (Providing correct property & sales detail upfront. To be signed by all parties.)

Please note that the above list is a guidline only and the banks may call for additional information and documents.