I’m afraid that consolidating debt into a new home loan is not an option.
The banks will not assist with this, as this is not part of their lending requirements nor do they offer specific products for this.
However, this does not mean that you cannot refinance the property at a later stage after acquiring the property.
Although you may need to wait for a year to elapse before refinancing the property is possible.
Not found the answer to your questions? Share your question on our forum.
info@justmoney.co.za
5th Floor, 11 Adderley Street, Cape Town, 8001
© Copyright 2009 - 2024
Terms & Conditions
·
Privacy Policy
View your total debt balance and accounts, get a free debt assessment, apply for a personal loan, and receive unlimited access to a coach – all for FREE with JustMoney.