A Bond Originator is a personal consultant who will advise you through the homeloan application process and assist you at all major banks in South Africa to get the best loan at the most lucrative interest rates. A Bond Originator does not charge you any fees since the Bond Originator receives a commission direct from the Bank.
The Bond Originator, on receipt of an offer to purchase from the estate agent (who sold the property to the buyer), will complete the necessary homeloan application, and gather required supporting documentation from the home buyer. This is then submitted to all major banks in South Africa. The Bond Originator will the proceed to push the banks for successful approval of the required finance and for the best interest rate possible for the client. The Bond Originator then reverts back to the client with the institutions' final answers and allow the customer the opportunity to choose which institution they would like to proceed with.
We are affiliated to a brokerage that provides financial services such as short term and life insurance. Clients are ofte advised by the banks, financial planners to ensure that their liabilities are protected in some way in case something ever happens to them and that they don't loose their house. Similarly they may require insurance over their household goods, but don't know really where to start so orginators essetially are becoming a valuable source of finance and finace protection.