Wednesday, 08 September 2010
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Ooba Debt Consolidation Loan and Second Bonds

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By registering a second bond / home loan over your existing property and can access the funds needed to cover your debts.

What is a further loan?
A further loan is when a second bond is registered over your property in order to obtain additional funds, which are to be used to pay your creditors.

How much can I access?
Because you cannot borrow more than the property is worth, the amount of a further loan is based on the increased value of your property since the original loan, i.e Security must also be available in the property to support the further loan.

Simply click on the apply button and complete the form! Its that easy.

Apply Ooba Bonds

About Ooba
Before we were ooba South Africa, we pioneered bond origination in South Africa, as MortgageSA. Now, as ooba, we offer a complete homeownership solution that offers convenience, expertise and savings for the homeowner. As home loan originators, we can help you to not only find the home you want and finance it with ease, but also see that you're well insured and can afford more of the things that make living in your home a pleasure.

 

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This website is based on journalistic research. It does not constitute financial advice. Any information should be considered in regard to specific circumstances. All tips are followed at your own risk and should be followed up with your own research.

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