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Make the best move when you switch your home loan to FNB.
Make the best move when you switch your home loan to FNB.
When you switch your home loan, you get these benefits:
| Switching costs - on switch deals ONLY | The party responsible for payment |
|---|---|
Initiation fee |
Customer to pay. FNB will debit this fee to your home loan on registration. |
Cancellation - Attorney cost. This is the fee of the attorney working for other financial institution used to cancel the previous bond. |
FNB to pay up to original bond amount. |
Cancellation - Costs charged by other financial institution. These exclude admin fee, deferred initiation fee or penalty interest charged by the other financial institution. |
FNB to pay (excl. penalty interest charged by other financial institution) |
Registration - Attorney cost |
FNB pays attorney's fees up to original bond amount - additional amount is for customers account |
The customer will get an additional benefit of 50% back in eBucks on their first successful basic home loan repayment when the application is submitted directly to FNB. |
Application submitted directly to FNB (nav»Home FNB App, Online Banking or FNB branches) |
