Deb Wright - Phoenix Bonds

Commission disclosure is coming to home loans the way it already came to insurance. Good. Buyers deserve to know how a free service gets paid, and whether it affects their deal.

Here's exactly how bond originator commission works, and why it doesn't touch your rate.https://www.linkedin.com/pulse/how-do-bond-originators-actually-get-paid-hannah-van-deventer-qnr8f/

Self-employed applications are won or lost before submission.

Most people think the bank makes or breaks a home loan application.

The truth? The biggest difference is usually made before the application ever reaches the bank.

For self-employed applicants, it’s about understanding your financials, presenting them correctly, explaining any once-off expenses, and choosing the banks that best suit your business profile… but most of all, ensuring you have a narrative that is aligned across all your documents.

A rushed application can lead to delays, lower loan amounts, or even a decline. A well-prepared application gives you the best chance of approval and the best possible interest rate.

Preparation isn’t just important. It’s everything. And you need someone who knows how.

Prime lending rate remains unchanged 💃

The South African Reserve Bank has kept the repo rate unchanged, meaning the prime lending rate remains at 10.50%.

If you're planning to buy a home, this announcement brings something valuable: certainty. With interest rates holding steady, your monthly bond repayments stay more predictable, giving you the confidence to plan your next move.

Whether you're buying your first home, upgrading, or simply exploring your options, now is a great time to understand what you can afford before you start house hunting.

At Phoenix Bonds, we'll help you get pre-qualified, compare home loan offers from multiple banks, and guide you through every step of the bond application process, at no cost to you.

📩 Ready to see what you qualify for? Get in touch with Phoenix Bonds today.