Accessing funds
Additional finance when you need it
Require more finance or access to cash? When the need arises for renovations, additional properties or a big expense, these options can offer the funds you require.
Require more finance or access to cash? When the need arises for renovations, additional properties or a big expense, these options can offer the funds you require.
Readvance allows you to withdraw funds from your existing home loan in an easy and convenient manner. Readvance gives you access to the funds that make up the difference between the original registered home loan amount and the outstanding balance. It's simpler than registering an additional home loan and the funds are readily available.
Withdraw funds from your existing home loan in an easy and convenient manner.
Access the funds that make up the difference between the original registered home loan amount and the outstanding balance. Subject to credit assessment.
You may apply for this benefit through the FNB App, or call 087 730 1144.
Lower interest payment by making additional repayments into the home loan.
An unbonded property can be refinanced with FNB when you require access to funds. These funds will be made available once bond has been registered and you have signed the necessary documents. You will be required to undergo a credit assessment before obtaining the funds.
Future Use enables you to register a bond greater than the home loan amount you require, creating a surplus amount that you can access at a later stage. It is without further registration, subject to credit approval and increased value in your property. By planning, you can use the available value in your home to your best advantage.