Break free from the chains of debts
Home owners!
Are you a home owner? And have you owned your home for several years? Chances are that your outstanding have reduced and the value of your property has increased. The equity in your home can help you borrow against it by investing in a new business, renovation of your property and paying of your debt.
Over time, your home equity will increase your wealth. We help you access the equity in your home. How does it work? Well, an investor loans you a proportion of your home equity which you can use with whichever problem you are facing such as paying off debt or renovating your property, etc.
Think of equity as the difference between how much your property’s worth and how much you owe on your bond, in other words it can be thought of as your profit.
The longer you have owned your home the higher your equity might be in most cases.
Use your home loan to restructure your finances. We assist employed, indebted home owners to overcome their debt and achieve full credit worthiness by using the available equity in their property.
Pay all your accounts, school fees, rates and taxes, settle personal loans, do home renovations and still have extra cash at month end.
We can assist people
⦁ In default with Credit Bureaus
⦁ Have Judgements
⦁ Under debt review / Counselling
⦁ Listed with Credit Bureau
⦁ Over extended
If you meet the following criteria:
⦁ Home owners owning property with a minimum value of R250 000.
⦁ Your property is either in the Western Cape or Gauteng.
⦁ People who are in a stable job, currently employed with a minimum salary of R9000 p/m.
⦁ Home owners who are in default on credit bureaus, over extended, have a poor credit record or judgements against them.
⦁ People who are between 21 and 55 years old (58 if government employee)
Your property stays in your name and you can sell/rent it out should you wish to do so. Your name will also be CLEARED on the Credit Bureaus.
Why trust us?
⦁ Home loans attract a lower rate of interest than short term debt.
⦁ Home loans have a longer repayment term, which means you’ll be paying off a lot less each month.
⦁ This frees up your cashflow making money available for critical things like food, electricity or school fees.
⦁ What’s more, your house will stay registered in your name.
Need a little more?
We can also assist in improving your credit record as part of the process. We can apply for judgements to be rescinded and adverse listings and other debt review orders to be cleared / updated on the credit bureau once all debt is settled.
We'll give you formal budgeting coaching through our MyFinPlan program, ensuring you're equipped with all the skills necessary to manage your money.