- Pre-qualify online
- Low-interest starting from 7.25%
- Repayment up to 20 years
[Accessed January 24, 2023]
About Multi NET
Are you about to invest in property or buying your first home? Multi NET offers you a brokering service that you can't afford to miss.
They simplify the entire process from application to registration with a single online loan application form.
A free service from a company known for excellence
Making use of Multi NET's services won't cost you a cent. They have a network of commercial banks that pay them a fee if you choose their loan deal. Multi NET has built a solid reputation on their open and honest dealings. Their aim is to offer you great service and find you a home loan with the best possible terms.
Different facets of your financial situation may have an influence on the type of home loan a bank will offer you. Filling out the "pre-qualify" form on Multi NET's site will give you an idea of what you can afford in terms of a home loan.
This form takes into account how many people will be contributing to the repayments, all your streams of income, and your collective expenses. Multi NET is not a lender, but will never encourage you to enter into a home loan that may harm you financially.
Details the bank will take into account when offering you a home loan:
- Your credit score
- Your documentation
- Your ability to afford the loan
- Your deposit
- How long the loan term is
- The total amount of money your loan application is for
- The property itself
Home loan applications can seem uncomfortably invasive. Just know that your personal, as well as financial information, is secure with Multi Net. They adhere to the Code of Banking Practices when it comes to protecting your information.
Multi NET Services
You can rely on Multi NEt to broker the best home loan and offer you home insurance that makes sense.
Their process is simple and service orientated. Their "the power of one" principle means that you deal with one application, one consultant, and you only send your relevant documentation once.
When Multi NET receives your mortgage application, they assign you a consultant. Dealing with a single consultant throughout the application process saves you time and gives you access to an expert on your loan status.
Your consultant will be in charge of filling out any further applications and following upon them. They will also be there to offer any guidance or explanation you may need when you are comparing offers made to you by the bank.
Having insurance for your new home is vital, and Multi NET can offer you that too. You can apply for it online, and one of their consultants will reach out to you.
Multi NET Offers two types of insurance:
Mortgage Payment Protection
If you were to die, be disabled, or retrenched; this insurance package would kick in to pay off your bond.
Home Owner's Cover
HOC is compulsory for anyone who takes out a home loan. It ensures the physical structure against natural disasters, fire, plumbing issues etc.
Multi NET holds out a hand in partnership to any independent-minded estate agent. The aim is to build a mutually beneficial working relationship that ultimately leads to a higher level of customer satisfaction.
Multi NET – Home loan
- Loan Type Home Loans
- Interest Rate from 7.25%
- Repayment 20 years
Benefits of Multi NET
- Get pre-qualified
- A hassle-free process
- Minimal paperwork
- One application gets you multiple home loan deals
Multi NET Home Loans give you access to multiple banks and do all the hard work for you
Applying for a home loan through Multi NET is stress-free and simple.
Once you and the seller have agreed on a price and signed the offer to purchase, it's time to get the ball rolling. You only need to fill out Multi NET's online form and chat with a consultant. You get to choose which banks your consultant sends the applications to. They even take care of applying to your current bank for you.
The documents you'll need to have handy if you are a full-time employee:
- Payslips for the last three months
- Receipts or documentation as proof of any other streams of income for the last six months
- An extensive income and expenses statement that includes your rent - (You'll need to sign it)
- Three months worth of your bank statement certified by your bank
- A signed list of your assets and liabilities
- Your rental contract if applicable
- A copy of your S.A. ID
- The offer to purchase that both you and the seller have signed
Multi NET will do a credit check when you apply for your home loan. Having a credit score of 600 and higher makes it possible for banks to offer you much lower interest rates.
If you have a low score and your credit report shows that you have a history of late payments, you'll either be offered higher fees and interest rates or have your application denied altogether.
Download your free credit score and if there are problems, discuss them with a financial advisor and address them before applying for a home loan in South Africa.
Multi NET has designed an application process that is fueled by great customer service. Apply now and get the finances for your dream home in record time!
Customer Reviews & Testimonials
I partnered with Multi NET Home Loans and can honestly say it was the best career move. My customers love them.
— Durban —
I got my first home loan through Multi Ne. Their service was amazing, and there were no dragging delays.
— JHB —
I recommend applying for a home loan through Multi NET. You get to choose the offer you are comfortable with, and there is no pressure.
— Pretoria —
Multi NET Contact
- 011 475 9711
- 011 475 5084
- Oak Tree House, Tamarisk Ave, Weltevredenpark Roodepoort 1709 South Africa
- Get Directions
- Monday 08:00 – 16:30
- Tuesday 08:00 – 16:30
- Wednesday 08:00 – 16:30
- Thursday 08:00 – 16:30
- Friday 08:00 – 16:30
- Saturday – Closed
- Sunday – Closed