FREQUENTLY ASKED QUESTIONS
1: What are the sizes of the houses and how much do they cost?
2: Amount of deposit payable?
3: Will I be liable for any additional cash payments?
4: What is the amount of the housing loan that I qualify for?
5: What would my monthly installment be?
6: What is the term of the loan?
7: Could my status with a credit bureau, for example TransUnionITC, influence my application?
8: Do I start repaying my loan upon registration of the bond?
No, Tpd bears the accrued interest during the construction period. You will only start paying once you take occupation of the property.
9: How am I protected by the National Home Builders Registration Council (NHBRC)?
10: Should I obtain insurance to cover my bond/housing loan?
11: How long before I can move in?