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FINANCE

Home Loan for first-time buyers

Consolidate the costs of buying a property into one loan

Two individuals engaging with a laptop and a credit card, possibly involved in an online transaction for a first-time home buyer.

WHY INVESTEC

Make your homeowner dream a reality

Buying your first property is an exciting time, and a significant investment. But with all the costs to pay and documents to sign, it can all feel very overwhelming. That’s why we’ve developed a home loan offering especially for first-time home buyers.

Woman smiling and sitting on a ladder with a cup in hand, indoors near a freshly painted blue wall in her first new home.

GET STARTED TODAY

Buying your first home?

Find out if you are eligible for an Investec Private Home Loan.

Explore eligibility

A couple relaxing on a couch in their first-time home in South Africa, with the woman holding a smartphone.
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100% bond including costs

  • No deposit
  • Finance for 100% of the purchasing price
  • Include all transfer fees
  • Up to R5 000 for miscellaneous attorney costs included

Choose your repayment term

  • Structure your bond repayment term to suit your affordability
  • Choose from a standard 20-year term or a 30-year term to reduce your monthly repayment

Convenient access to funds

  • Access to the capital portion of your repayments once a year for the first five years as a first-time homeowner
  • Immediate access to any additional funds paid into your home loan throughout the term of the loan

Flexible repayment options

  • Reduce your monthly repayment amount, or settle your loan sooner by paying in additional funds
  • An interest-only repayment option for the first two years if you’re under 30 years
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GET MORE

Rewards and benefits

Earn Investec Rewards points

Earn a minimum of 1 Rewards point for every R2 000 of your outstanding capital balance.

Expert advice and guidance

Specialist Private Bankers to assist and guide you through the entire process of purchasing a new home making it simple and seamless.

Save on monthly admin fees

We’ll waive your monthly financing administration fee if you pay your monthly home loan repayment by debit order from your Investec Private Bank Account.

Discount on attorney fees

Get a 40% discount on the bond attorney’s fees.

Complete home loan protection

Investec Life's Enhanced Mortgage Protection Cover settles your home loan upon death or permanent disability. Investec Bank Limited will cover the first three premiums on a new policy – at no cost to you.

Exclusive insurance cover

Access to exclusive homeowner’s cover and household contents insurance through Aon South Africa. Enjoy extra benefits such as 24-hour home and roadside assistance, as well as a take-me-home service.

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Earn Investec Rewards points

Earn a minimum of 1 Rewards point for every R2 000 of your outstanding capital balance.

Expert advice and guidance

Specialist Private Bankers to assist and guide you through the entire process of purchasing a new home making it simple and seamless.

Save on monthly admin fees

We’ll waive your monthly financing administration fee if you pay your monthly home loan repayment by debit order from your Investec Private Bank Account.

Discount on attorney fees

Get a 40% discount on the bond attorney’s fees.

Complete home loan protection

Investec Life's Enhanced Mortgage Protection Cover settles your home loan upon death or permanent disability. Investec Bank Limited will cover the first three premiums on a new policy – at no cost to you.

Exclusive insurance cover

Access to exclusive homeowner’s cover and household contents insurance through Aon South Africa. Enjoy extra benefits such as 24-hour home and roadside assistance, as well as a take-me-home service.

APPLYING

Our approach

At Investec, we treat you as an individual, which is why we don’t rely on scorecards to process credit applications. Instead, your application will be assessed independently by our Credit team to determine your affordability.

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MORE INFORMATION

First-time home buyers factsheet PDF 631.56 KB
Guide to buying your first property PDF 184.6 KB
Checklist for first-time buyers PDF 192.97 KB

JOIN US

Ready for Private Banking?

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FOCUS INSIGHTS

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