25 Oct 2011
My dad is 78yrs of age and decided to relocate to an assisted living complex. Although he had all the security required (fully paid house) no bank was prepared to provide financing because of his age. I approached my bank (ABSA) which agreed to provide finance on condition that I provide surety. Based on this approval my parents bought their new home (under development). Once the development was completed, 9 months later ABSA claimed a change in policy and would no longer finance their new home. Imagine the stress for the two old people!!! My personal banker was so shocked at what ABSA did; immediately assisted by making contact with SA Home Loans. Within one week approval was given and today my parents are enjoying a new phase in their life with a home financed by SA Home Loans.