To be considered for a position with SA Home Loans, please fill in the information required on the following pages, provide us with details on your previous employment, and submit your application.
Our highly experienced personnel will assess your application and contact you should further information be required.
Please note: The information supplied will be used strictly for recruitment purposes and is subject to our Privacy Statement.
To pay or not to pay, that is the question.
SA Home Loans has steered clear of paying Bond Originators (BO's) and Estate Agents (EA's) commission, as we do not believe that it's in the client's best interests that we do so.
SA Home Loans has long been the consumer champion in the home loan industry (seven consecutive years as the winner of the Independent Newspapers "Your Choice" Best in Home Loans award), and we believe that unless payments to EA's and BO's are identical from all lenders, there is a strong chance that clients will end up with the bond from the lender that pays the highest commission, rather than a bond that best meets his or her needs.
The most important issue for EA's and Principles, whom I have personally met and spoken to, is for their clients to get approved bond finance. This secures the property sale, which is far more important than the small referral commission that might trickle down from the franchisee to the principal or agent.
Recently the two big Bond Originators simultaneously reduced the EA bond intro commissions to around 0.20%. An increasing number of top EA's and their Principles have publically stated that the intro commission is now so diluted that it's become insignificant, and they thus prefer to focus on bond grants, as therein lies the true earning potential. In addition to this financial imperative, some of the larger agencies have also commented that their reputations are at risk if their clients cannot be assisted with home loan finance.
Let's demonstrate the financial benefits with a very simple example: take an average property valuation of R1.2m with an R800 000 loan. The sales commission on this at 5% would be R60 000. In comparison, the bond intro commission on this at 0.2% would amount to only R1 600. Foregoing the R1 600 to speedily secure the R60 000 makes obvious sense.
When securing a sale and with it, the sale commission, there are two vital components; approval and speed. At SA Home Loans, we like to see ourselves as different. Every loan gets approved by a person, and not a computer. We understand that every loan is different too, and that is precisely why a computer cannot be used. This human intervention allows for the motivation and understanding of each application. Our speed in dealing with applications is now well known. We're able to secure an AIP within 48 hours. All this is aimed at getting what we both want: the finance approved and the sale sealed.
Our apologies, our calculators are not supported by your browser.
Our apologies, our contact me form is not supported by your browser.