Finance
The Right Finance for Your Home.
Richazina Homes works with South Africa's leading banks and lenders to secure building loans, home loans, and bond finance for our clients — from pre-qualification to registration.
Our approach
We Handle the Finance So You Don't Have To
Navigating home finance is one of the most daunting parts of buying or building a home. Interest rates, affordability assessments, credit checks, and lender requirements can feel overwhelming — especially for first-time buyers.
Richazina Homes has established relationships with a panel of registered financial institutions. We assess your profile, match you to the right lender, and manage the full application process on your behalf.
Whether you need a building loan to construct on your stand, a home loan to purchase an existing property, or a combination of bond finance and FLISP subsidy — we find the right solution for your circumstances.
Final finance approval is subject to the relevant financial institution's lending criteria. Richazina Homes facilitates the application process and does not guarantee approval.
What You'll Need
- South African ID document or Smart Card
- Latest 3 months' payslips (or 6 months' bank statements if self-employed)
- Latest 3 months' bank statements
- Proof of residence (not older than 3 months)
- Employment contract or letter of employment
- If self-employed: 2 years' financial statements and tax clearance certificate
Finance products
Finance Solutions We Facilitate
Building Loans
A building loan (also called a construction loan) is used to finance the construction of a new home on a stand you own or are purchasing. Funds are released in stages as construction progresses, and the loan converts to a standard home loan once the build is complete.
- Stage-payment structure aligned to construction milestones
- Interest charged only on drawn-down amounts during construction
- Converts to a standard bond on occupation certificate
- Can be combined with FLISP subsidy to reduce the loan amount
Home Loans (Bond Finance)
A home loan — commonly called a bond — is used to purchase an existing residential property. The bank registers a mortgage bond over the property as security. We submit your application to multiple lenders simultaneously to secure the best possible rate and terms.
- Applications submitted to multiple lenders for best rate
- Fixed and variable interest rate options
- Loan terms of up to 30 years
- 100% bonds available for qualifying applicants
FLISP + Bond Combination
For qualifying first-time buyers, we combine the FLISP government subsidy with a home loan or building loan. The subsidy reduces your outstanding bond amount, lowering your monthly repayment and making homeownership more affordable.
- Subsidy amount between R27 960 and R121 626 depending on income
- Applied directly to reduce the bond balance
- Available for both purchase and construction
- We manage the full FLISP application alongside your bond
Our panel
Our Lending Panel
We submit applications to a panel of registered South African financial institutions to maximise your chances of approval and secure the most competitive terms.
First National Bank
Digital-first application processOne of South Africa's Big Four banks. FNB offers competitive home loan rates, a fully digital application process, and flexible repayment terms for both purchase and construction finance.
Capitec Bank
Competitive rates for first-time buyersCapitec has expanded its home loan offering significantly in recent years. Known for straightforward terms and competitive rates, Capitec is a strong option for salaried employees and first-time buyers.
MultiNet Home Loans
Multi-bank submission for complex profilesA specialist home loan originator that submits applications to multiple banks simultaneously. MultiNet is particularly effective for clients with complex income structures or those who have been declined by a single bank.
Absa Bank
Full range of home loan productsAbsa offers a comprehensive range of home loan products including building loans, standard bonds, and access bonds. Their dedicated home loan team provides strong support throughout the application process.
Standard Bank
Strong building loan productStandard Bank's home loan division offers competitive rates and a streamlined approval process. Their building loan product is well-suited to clients constructing on their own stands.
Nedbank
Dedicated affordable housing divisionNedbank offers home loans with flexible deposit requirements and a dedicated affordable housing division that caters specifically to clients in the FLISP income bracket.
First step
Start with a Pre-Approval
A pre-approval (also called an AIP — Approval in Principle) tells you exactly how much a bank is willing to lend you before you commit to a property or stand. It gives you a realistic budget, strengthens your position as a buyer, and speeds up the formal approval process.
Richazina Homes will assess your income, expenses, credit profile, and employment status to determine your likely pre-approval amount — at no cost to you. We then submit to our panel of lenders and present you with the best offer.
Free Assessment
We review your income, credit profile, and affordability to determine which lenders and products are the best fit for your situation.
Document Collection
We provide a clear checklist of required documents and assist you in compiling a complete, accurate application pack.
Multi-Lender Submission
We submit your application simultaneously to our panel of lenders to maximise approval chances and secure the most competitive rate.
Offer Presentation
Once offers are received, we present them to you clearly — explaining the rate, term, monthly repayment, and any conditions attached.
FLISP Application
If you qualify for FLISP, we compile and submit your subsidy application to the Department of Human Settlements alongside your bond.
Registration & Handover
We coordinate with the conveyancer and bank to ensure a smooth transfer and registration, keeping you informed at every stage.
Get started
Get Your Free Finance Assessment
Complete the form below and a finance consultant will contact you within one business day.