How did the Instant Bond Indicator come about?

Private Property South Africa
Private Property Reporter

The challenge that Nedbank are trying to address with the Instant Bond Indicator is to look at customers who are not yet ready to actually purchase a property. They don't have an Offer to Purchase in hand, but what they're really seeking is a good understanding of what Nedbank will be able to give them as far as a loan is concerned. The Instant Bond Indicator is designed to create an environment where they can have a real time scoring on their credit as well as their affordability, and then begin to make a meaningful search when they look for their homes.

Share:

Found this content useful?

Get the best of Private Property's latest news and advice delivered straight to your inbox each week

Related Articles

Pros and Cons of a joint home loan
If you’re battling to get onto the housing ladder, applying for a home loan together with someone else can improve your chances. You do however need to be aware of the pros and cons.
What are the benefits of Nedbank's Instant Bond Indicator?
There are many benefits to know how much you could qualify for, before even beginning the bond application process. This is a summary.
Applying online for a home loan
Nedbank has made their online bond applications easier and more effective with the introduction of the Instant Bond Indicator.
;