Speak to us about Chartwell Home Loan Plus Debt Consolidation
Are you interested in purchasing a home with Chartwell?
Chartwell strives to innovate the home loan space by providing you with finance products that can help you climb the home ownership ladder. We are proud to offer you the new Chartwell Home Loan Plus with Debt Consolidation!
“Over exposure to too much short term debt affects your affordability when applying for a home loan”
How does it work?
The Chartwell Credit Department will look at your application to purchase a home, and if possible, will consolidate some of your expensive short term debt into the home loan at the home loan interest rate. This may increase your affordability, allowing you to purchase the home of your dreams!
Over exposure to expensive short term debt affects your affordability and can potentially hinder you from purchasing a home.
The Chartwell Home Loan Plus is a 20 year home loan.
Interest rates are charged at the South African Prime interest rate plus a margin.
Debt consolidation facility is limited to a maximum of 4% of the purchase price of the unit you are interested in
If you can answer the below questions, you could qualify for the Chartwell Home Loan Plus with Debt Consolidation
Are you a South African resident with a SA Identity Document?
Do you have a good clean credit record?
Did you apply for a home loan, but fell short because of your expensive short term debt which meant that you did not meet the affordability requirements?
Then the Chartwell Home Loan Plus Debt Consolidation could be for you!
The Chartwell Home Loan Plus Debt Consolidation Product is only available on certain properties.
For example, Platinum Estate offers Chartwell Home Loan Plus Debt Consolidation. Browse our properties here.
Give us a call to discuss your options. 082 809 4322 platinum@chartwellgroup.co.za
Chartwell Home Loans is financed by Emerging Markets Home Loans, a registered credit provider.
Further reading
Got some questions about short term debt and how to escape the debt trap. Click here to learn more about Short Term Debt. We discuss how to assess and manage your debts so that you can live a debt free, stress free life.
If you have questions about Credit Scores and how it affects your home loan application, click here Credit Score is calculated. Be budgetwise and build your financial CV and reputation.
