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Getting a Home Loan from FNB is easy!

Need a Home Loan solution with foresight?

The pace of life today is frantic and your needs change from one moment to the next. FNB Home Loans believes that the secret to keeping pace with the present is to have an eye on the future. That's why they developed Future Choice, a progressive home loan solution that allows you to plan ahead for every little stage

Be one step ahead

With Future Choice, you can register a bond greater than the home loan amount you require, creating a surplus amount that you can access at a later stage. Future Choice is all about using the available value in your home to your advantage. If your property has increased in value, you may apply to use the additional finance for everything your heart desires, from home extensions and improvements to holidays abroad. If your home has not yet increased in value, the Future Choice amount can only be used for home improvements that will build additional value in your home.

When you would like to take advantage of the Future Choice amount, you will have to apply for access, with each application being subject to the bank's credit approval policy.

It's so easy

All First National Bank approved home loans qualify.

Here's how it works

You home purchase is R300,000.00 and you register a bond for R400,000.00. the additional R100,000.00 is your Future Choice amount.

R300,000.00 Payout amount.
R100,000.00 Future Choice amount.
R400,000.00 Registered Bond amount

A Positive Outlook

There are several benefits with Future Choice:

It's Cost-effective - you only pay legal fees on the registered bond amount once and, as a result, save money in the future.
It's Convenient - you save time with a once off home loan registration allowing greater flexibility with the future access to additional cash.
It's affordable - monthly repayments are based on the funds that have been paid out and not on the registered bond amount.
It's progressive - you have long term security and accessibility to your funds.


What's the bottom line?

A monthly administration fee of R5.70 ( VAT inclusive ) may be charged in instances where this fee is not levied.

Your monthly repayments will be recalculated when each subsequent Future Choice loan is granted.

Bond registration costs are calculated on the registered bond amount and not the the paid out amount. eBucks* - Life just got more rewardingeBucks is First National Banks unique and successful Customer Rewards Programme that enables you to earn eBucks on you home loan. eBucks is a reward currency that enables you to purchase a fantastic range of products and services, either online or telephonically. when you join the first National Bank family, you are encouraged to apply for membership. With Future Choice, your eBucks will be rewarded on your payout amount.

* FirstRand Bank Customer rewards programme, eBucks, whether bought or earned, cannot be converted into cash.*