SO WHATS STANDARD BANK DOING!!!

Posted by the Hunter | 12:38 AM | 0 comments »



STANDARD BANK - The Appetite for RISK!!!!!





So now we know whats on the table!!!


The Mage!!!

Standard Bank Homeloan Changes to Cost Inclusive offerings, Vacant Land and Loan To Value loans.

In light of current economic circumstances Standard Bank Home Loans has made the following changes with immediate effect

Cost Inclusive loans:

Standard Bank will no longer be offering Cost Inclusive Loans to NON-first time home buyers.
Jumpstart (first time home buyer) loans will be restricted to a maximum loan amount of R1 million (excluding costs).

Vacant Land:
All Vacant Land loans have been restricted to a maximum LTV of 75%.

Standard Bank will also require deposits for higher value loan amounts:
All loan amounts greater than R3 million will be restricted to a maximum LTV of 80%

Seems as though my predictions were incorrect! They're all following suit!!

FNB - The Risk Takers - Go Get them!!

Posted by the Hunter | 5:03 PM | 0 comments »



FNB - You guys are really great


bankers


we love your risk taking policies