Whether you’re shopping for your dream home or want to invest in property, applying for a home loan can be a daunting and time-consuming task. Before you go shopping, you’ll want to know how likely you are to qualify for finance and what loan amount you can afford and these days getting a pre-approved home loan can seem near impossible. But, what if we told you that you can apply for a home loan in a few easy steps and all without having to step foot into the bank? Forget visiting various banks, filling in countless forms, and holding thumbs that you get approved; because Loan Compare allows you to submit your home loan application once, online, for free! Anytime. Anywhere. Taking the stress and fuss out of securing finance for your dream property.

If you’ve applied for a home loan before then you know that shopping around for the best offer is key. A small difference in interest rate can have a substantial effect over the life of the loan; but to do a comparison you would normally have to submit a full home loan application at each bank which means dealing with multiple people, filling in and submitting multiple forms, and following up with each application one by one. It’s tiring just thinking about it! Loan Compare takes all the fuss out of doing your home loan homework by allowing you to submit one easy home loan application to multiple banks and then sit back, relax, and wait for the offers to come to you. They’re the only place where you can complete your full application entirely online and get multiple offers!

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We love that they’ve designed their online application to make the process as seamless as possible, whilst capturing all of the information required by each of the banks. They don’t ask you the same thing twice, and they don’t ask for information they can derive on their own. It’s like a dream come true! Using Loan Compare is also like having your own personal home loan negotiator in your back pocket. Powered by MortgageMax, they leverage off long-established relationships with SA’s largest banks to negotiate the best offers for you and make sure receiving those offers is easy and painless. And best of all – it’s FREE!

Just shopping around online before applying for a full home loan? Use the Loan Compare Affordability Calculator to estimate the loan amount you can afford to fine-tune your browsing, and to make sure you’re looking at the right properties within your budget. The calculator gives you an estimate of how much you are likely to get home loan approval for based on any of the following: your gross monthly income, your net monthly income and expenses, or your preferred monthly repayment. These estimates are based on typical benchmarks applied in the industry.

If that wasn’t enough, Loan Compare loves it when their users secure a home loan and if you successfully complete a home loan application and secure a home loan using Loan Compare, your housewarming is on them! Yes, folks, all successful Loan Compare clients get a R1,000 towards their housewarming once they get the keys to their new home (terms and conditions apply). Epic!

Want to know more? Watch this video for an easy how-to guide on getting started with Loan Compare:

For more information and to get your home loan application started now visit loancompare.co.za. Interested in property news and home loan application tips? Don’t forget to say Hi to Loan Compare on Facebook.

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