Mortgage Connect Pre-Approval

Application Goal

What do you need help with?

Loan TypeiChoose the loan type that best matches the property or finance need.

Normal Home LoanFor buying an existing completed residential property. Building LoanFor building a new home or financing construction. Ordinary Further LoanFor borrowing extra against an existing bonded property, excluding further building finance. Vacant Land LoanFor buying land without an existing completed home. Small Holding LoanFor agricultural or residential smallholding properties. Buy-to-Let LoanFor buying a property that will be rented out.

Applicant Setup

Application Details

How are you applying?

Contact Details

First nameLast name

Cell numberEmail

Identity & Status

ID number / passport number

Citizenship Status

Marital Status

First-Time Buyer?iIf you bought a property with cash before, you are still considered a first-time buyer.

Employment & Income

Income TypeiChoose the option that best describes how predictable your monthly income is.

Fixed incomeYour monthly income is mostly the same every month.Variable incomeYour income changes because of commission, overtime, standby, allowances, or similar payments.

Which is your main bank?iSelect the bank account where your salary or main monthly income is paid into.

Gross monthly incomeiYour total monthly income before tax and deductions.Net monthly incomeiThe amount paid into your account after tax and deductions.

Additional Income

For banks to accept additional income, it should reflect in your bank account and be supported by proof such as invoices, lease agreements, contracts, or payment confirmations.

Self-employed incomeiMonthly income you earn from your own business, freelance work, or sole proprietor activity. Rental incomeiMonthly rental income received from a property you own. MaintenanceiMonthly maintenance or support payments you receive. PensioniMonthly pension or retirement income. Investment / dividendsiIncome received from investments, dividends, interest, or similar sources. Other incomeiAny other regular monthly income not listed above.

Expenses & Credit

Living Expenses

GroceriesiFood, cleaning products, toiletries and normal household shopping. Petrol / transportiFuel, public transport, e-hailing, tolls and normal car running costs. Rates & taxesiMunicipal rates or property taxes, where applicable. Electricity & wateriAverage monthly electricity, water and municipal utilities.

Other living expenses

Contractual Expenses

RentiMonthly rent, board or accommodation payment. Mortgage loaniMonthly repayment on any existing home loan or bonded property. Personal loansiMonthly repayments for personal loans or short-term loans. Vehicle financeiMonthly vehicle finance or balloon-payment-linked vehicle instalments. Credit cardsiUsual monthly payment towards credit cards, store cards or overdrafts. School feesiSchool, creche, university or education-related monthly payments. InsuranceiVehicle, household, life, funeral, medical or other insurance debit orders. GymiGym, wellness or club membership contracts. InternetiFibre, WiFi, data or fixed-line internet contracts. Cellphone contractsiCellphone handset, airtime, data or device contracts.

Other contractual expenses

Deposit & Costs

Available Funds

Deposit availableFunds available for bond and transfer costs

Finance Conditions

Where will the deposit come from?

Where will the money for bond and transfer costs come from?

Cost-Inclusive LoaniDo you need to apply for an additional amount towards bond and transfer costs?

Subject to SaleiDo you need to sell your existing property to purchase a new one?

Supporting Documents

Document Uploads

ID / passport documentiUpload a clear copy of your South African ID, passport, or valid identity document. Latest payslipiUpload your most recent payslip so the originator can confirm current income. Six months payslipsiUpload a single PDF or image pack showing the last six months of payslips. This is used to calculate an average for variable income.

Review & Submit

Final Review

Do you have any questions?iUse this space for anything the originator should know before contacting you.

Consent

I consent to Mortgage Connect securely sharing my application and supporting documents with the assigned bond originator. iThis allows Mortgage Connect and the assigned originator to process your application details and documents for pre-approval purposes.